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 Replies: 20 / Views: 3,298 |
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Bedrock of the Community
Australia
21788 Posts |
That's one of the problems with modern NCLT: A very small blemish reduces it's value, almost to melt.
They are difficult to sell at much above melt value.
Not so with NCLT that may be more than 100 years old:
For instance, proof British Five and Two Pound pieces of Victoria, where the % reduction in value is much less.
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Pillar of the Community
Canada
1502 Posts |
careful with acetone, the enamelling might come off.
Well said. The premium has to account for something. If it's not perfection, then what.
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CCF Master Historian of USA Commemoratives
 United States
12313 Posts |
Quote:
careful with acetone, the enamelling might come off. Absolutely! I should have been more specific - I was thinking more of a spot treatment with a cotton swab vs. a dip in acetone. Good catch! Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
Canada
2984 Posts |
Why didn't you ask for a refund from the seller?
If you can't try:
1. Just water and wet cloth and wipe.
2. Wipe with Eyeglass cleaner solution or wipes.
3. Try a little sticky tape
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Pillar of the Community
 Canada
3690 Posts |
I contacted the dealer yesterday after I opened the package and am awaiting their response.
The spots are rust and likely etched into the finish.
Edited by CC-Ottawa
09/21/2013 3:41 pm
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Pillar of the Community
United States
2408 Posts |
I would ask a refund. I cannot believe this seller did not see the oxidation spots. As I seller myself I would never ship a coin in this condition. Maybe this was an oversight, but really... that obvious?
EDIT: Don't do anything to the coin to try to fix it. There are other opportunities out there. Don't waste your time.
Edited by canadian_coins
09/22/2013 10:13 pm
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Pillar of the Community
Canada
2366 Posts |
You MIGHT be able to get 50% of the value of an undamaged coin (note I didn't say list value) but you'd have to work at it. I expect the dealer will make it right for you though. If not, let us know!
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Pillar of the Community
Canada
2366 Posts |
p.s. is this the nickel or the silver version?
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Moderator
Canada
10463 Posts |
Silver. The nickel one was not a proof strike. Looks like good old-fashioned silver toning spots to me... Not damaged per se, but maybe a Q-tip with diluted silver dip, then a distilled water rinse, and pat dry, might help. Ignore the advice above - DO NOT "wipe" anything on a proof strike coin - you'll then have a damaged coin for sure.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
Canada
3690 Posts |
I won't be trying to 'fix' this coin even if I thought I could. The dealer has offered a replacement coin so I'm happy with that  . I guess I'll give them the benefit of the doubt that the coin oxidized in the case after they put it into their inventory and they didn't notice before shipping it to me. I will say the capsule was open when it arrived in the mail and it is not airtight as all. I think this all points out how extremely fragile our 'investments' in NCLT are. Just slight damage can severely affect value so what happens in 50 years? Will we be able to keep our coins in perfect condition? And if not, will they be worth anything more than melt value..... |
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Valued Member
Canada
329 Posts |
oh that's no good. could be mold spores..bad for your health. I have a brand new shiny loonie i'll exchange you for that. don't say I never did anything good for you :)
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Pillar of the Community
Canada
3692 Posts |
If you're going by "melt" value, consider the refining fee to get that colour off the coin.
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Pillar of the Community
Canada
3690 Posts |
and the replacement from the dealer....  Very satisfied with their response and resolution. Edited by CC-Ottawa
09/26/2013 1:20 pm
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Pillar of the Community
Canada
2124 Posts |
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Pillar of the Community
Canada
2019 Posts |
Quote:
I think this all points out how extremely fragile our 'investments' in NCLT are. Just slight damage can severely affect value so what happens in 50 years? Will we be able to keep our coins in perfect condition? And if not, will they be worth anything more than melt value..... Ya sometimes it just makes me think that I should just be saving bullion and not NCLTs...could hoard alot more OZs if I did lol... Grats on your replacement coin. |
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Replies: 20 / Views: 3,298 |
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First Page
Posted 09/20/2013 9:01 pm
