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Pocket Pieces For The Purpose Of "Improvement:" OK Or Not?

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 Posted 11/13/2013  10:18 pm  Show Profile   Bookmark this reply Add NathanASE to your friends list
I fully agree with DB, D7, 52, kbb and others against it. And well said above kbbpll

I don't think that every coin that's seen circulation should receive a details grade, that's absurd. But regular circulated coins were not purposely altered to hide a cleaning, become a lowball or otherwise increase the value. That's what it boils down to for me...

If it was purposely done to achieve a specific result it's altered.

To me a pocket piece isn't a circulating coin... Sure, it may be in your pocket with your other "spending" change... But it's not for spending and doesn't live the same life a circulating coin does.

I disagree that it's the same thing as normal change wearing down.. Most people don't keep the same coins in their pocket for a year straight.. Or multiple years. They get spent, thrown in cup holders, change hands, dropped, change hands again, get spent, given as change, dropped again etc. So a pocket piece may ware in the same manner as regular change but at a much, much faster rate. Bottom line for me is if it was done on purpose to change the coin, especially to achieve a profit, essentially creating a lowball or details free coin , it's wrong. It was purposely created to maximize profit. And it should be disclosed.

I think that carrying pocket pieces are just fine, for your own enjoyment, but not in hopes to sell for a profit. But trying create a lowball/cover a cleaning and then sell at coin as an honest lowball/details free coin it seems wrong IMHO.

You might say that whoever gets your coin after you (inherits, finds, etc) might not be able to tell, and it may be considered market acceptable by them. But KNOWING you altered the coin, no matter if it was done in a way that could occur naturally in a pocket (only over a longer time) bottom line is you altered the coin to achieve a desired result. And if being sold, especially for a decent sum of money it should be noted that the coin was "made" to be this way... It didn't just circulate.. It wasn't just in your pocket... It was purposely carried amongst other coins to change it's appearance/condition. It was purposely done to either hide a cleaning/lower the grade to make a lowball.

So if I can create an ultimate lowball/details free coin and sell it for good money then it's also totally fine if I put a coin in an envelope with some sulfur on my window for a year, or stick it in a potato for a while I should be able to sell it as a non altered "monster" toner? Or throw it in a tumbler to create a low ball/Uncleaned coin?

Or as a drastic example can I crack a super rare AU details coin, throw it in my pocket for as long as it takes and sell it as details free EF? Those crack out artists crack them from details slabs and sell them as details free... Which is wrong.. But if they all used them for a pocket piece to hide the cleaning first you'd all be ok with that? Let them sell away on ebay? I think not.

My question would be where do we draw the line between acceptable and unacceptable? And yes, I understand its a fine line, but if this is considered ok then it should also be quite alright to clean, dip, tone, lacquer, or whatever to a coin.. One that was previously slabbed or raw...
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 Posted 11/13/2013  10:38 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
/1/ There is no possible way that additional wear can improve a coin.

But

/2/ Over here: https://goccf.com/t/162284, I talked about cleaning, conservation and restoration.


Quote:
That's why the art world differentiates between cleaning, conservation and restoration.

Conservation is stabilizing the item against further environmental damage. Conservation uses technologies that can be removed as future technologies improve.

Restoration is a permanent change to the item. It too may be the best we can do to preserve the object and it's state.


And I think an argument can be made that you are engaging in restoration. What you are doing is certainly permanent and may be the best that can be done given the damage already has occurred.

So I think I'm hoist by my own petard and can't argue AGAINST the practice. I just don't like the concept of ANY artificial change to a coin.

So I'll toss in a 4th term that I think needs inclusion, namely transparency:

This previously [improperly] cleaned coin was carried as a pocket piece for 24 months, restoring the look of a circulated specimen of a lower grade.

-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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13014 Posts
 Posted 11/13/2013  11:29 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list

Quote:
So we're talking about deliberately doing something physically to a coin presumably for the purpose of deceiving a potential buyer into valuing the coin differently


You arent deceiving anyone, the coin is exactly the way it appears. You arent putting fake color on it or smoothing the surface or cleaning it to make it look better it is exactly how it appears. Theres no deception if it wears down to a vf its a vf.


Quote:
Sure, it may be in your pocket with your other "spending" change... But it's not for spending and doesn't live the same life a circulating coin does.


There really is no proper life of a circulating coin. Some sit in jars, others go in vending machines, others sit in a bank roll for decades, other gets dropped/spit shined/thrown in water fountain ect. Being in a pocket is part of that life style for lack of a better word.


Quote:
But if they all used them for a pocket piece to hide the cleaning first you'd all be ok with that? Let them sell away on ebay?


Absolutely if it was cleaned and the cleaned layer is stripped off naturally from wear its no longer cleaned. Its takes years to do it though so its really not worth it for that. I'm sure theres probably a misconception that everyone thinks its easy. You can spend over a decade trying to make a lowball.

Sanders/rock tumblers/chemical toning is not the same as letting something wear on its own. Putting a coin in your pocket to wear it is no different than putting a coin in an album hoping it tones. If a pocket isn't acceptable than toned coins arent acceptable either because silver doesn't naturally chance colors without reacting with something else. Circulation coins dont tone colorfully
Edited by basebal21
11/13/2013 11:35 pm
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 Posted 11/14/2013  12:03 am  Show Profile   Bookmark this reply Add AES to your friends list
It's acceptable to me. I've never given any thought to whether or not a circulated coin in my collection was once cleaned back when it was MS. It also seems any damage would have to be extremely superficial to wear off with circulation.
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 Posted 11/14/2013  02:06 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list

Quote:
Are you going to tell the person you sell it to what you did?


Me? Yes. If I were the one who'd deliberately worn the bad surface off of the coin, I would absolutely disclose that I'd done so, because I know there are those like you out there who draw such distinctions. I'd further expect to get less for the coin than if I'd failed to make that disclosure.

Because I would get more if I failed to disclose the pocketing. After all, the coin would have original surfaces. As a buyer, I would care not one whit if it was a pocketed piece, because I know there's no difference.

Except for that one (apparently) deadly word: deliberacy.

A rock tumbler almost certainly couldn't duplicate the subtle collisions which happen in a pocket or a pouch. Tumblers cause relatively violent impacts over a short period of time; I'm thinking that would be easily detectable unless you wear the coin into the AG-G class.

Here's some more food for thought, which I've withheld until the thread developed a little. When I say


Quote:
ending up with a "market acceptable" coin, albeit at a lower grade


...I mean ending up with something I'd consider a "market acceptable" coin, based on my own ability to detect deliberate alterations. Chances are I'm better at that than most, if only because I've always been interested in looking at coins on a microscopic level. Even cleaned ones. I have optics of sufficient resolution to clearly see the smallest niches in devices, and a fair amount of experience observing the effects of mechanical and chemical cleaning at serious magnification.

There's no doubt in my mind that I could detect a "deliberate" course of wear on a significant percentage of coins which even passed the TPG test. The TPG's only take a few seconds, and bring no significant magnification to bear. They'll never notice that pocket wear doesn't reach the small areas between digits, or the narrow fields between (for instance) tail feathers and leaves. But I'd see that, and know what I was looking at.

Pocketing a coin to wear away a Details-worthy scratch is one thing - once the scratch was gone, nobody would ever know. Pocketing a coin to hide a previous cleaning is a different proposition altogether, and until you get it perfect the coin is still deliberately altered with the accompanying stigma.

I've stated this to (hopefully) discourage those who might be considering a jump into this practice without thinking about the broader implications. It's not as easy as it looks, and not as easy as the majority of numismatists (and TPG's) make it to be because they do not perform complete diligence in their inspections.

But if I can't see the alteration, I'm giving you full market value, and I won't care how you got it there.
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 Posted 11/14/2013  11:08 am  Show Profile   Bookmark this reply Add unholyroller to your friends list
There is an excellent movie out there by Orson Wells called "F for Fake". It deals with the counterfeit art market, but has some relevant messages for what the spirit of this thread is about. *spoiler alert...this is best watched with no kiddos around as there is some nudity*
Edited by unholyroller
11/14/2013 11:10 am
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 Posted 11/14/2013  12:45 pm  Show Profile   Bookmark this reply Add jdmern to your friends list
@unholyroller- That movie is a perfect example for this thread. I think what everyone can agree to is that there's a huge grey area with this. I personally have no issue with people doing that, but at the same time I don't mess with any coins I end up with- If I don't like how it looks, I either don't get it in the first place or sell it
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 Posted 11/14/2013  5:39 pm  Show Profile   Bookmark this reply Add JimmyJames to your friends list
For me, this topic is mostly about pricing. In todays market a cleaned coin is devalued by so much that it is worth less than a coin of the same type several grade tiers below what it would be if it was original. The problem is that by removing the cleaned surface through wear, you can sometimes increase the value of the coin.

I personally would just rather have the coin in its cleaned state, but many collectors buying patterns would indicate they do not feel the same way. Generally speaking, if I have an XF-cleaned coin, I would say it's worth a VF price. If I had an MS cleaned coin, I would say it's worth an AU price. Depending on the pricing rarity curves of coins, this can change, but that's the general trend fo rme.

I try to avoid getting too weighty with ethics statements on this subject. I think most people can agree that the less metal loss the better and the more original luster the better. If you do any activity that decreases either of those two values, you are probably going in the wrong direction.

On the other hand, if this is about making money, then there is no grey area. It's either red or black!
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 Posted 11/14/2013  6:50 pm  Show Profile   Bookmark this reply Add DavidZerbato to your friends list
I think one big issue here is the assumption for those against this practice that a coins condition is static and not dynamic. The idea that once a coin is pulled from circulation, its condition no longer changes. This is a completely wrong assumption IMO. For example, the color designation with copper cents. I've seen slabbed coins go from red to red brown to even almost fully brown. While this would have a negative effect on the value of the coin, the idea is the same. The condition changes, whether you want it to or not. Silver and copper will oxidize whether you want it to or not. The only way to stop that is to put it in a vacuum, which is unnatural.

What we as collectors think of as natural really isn't. Is a blast white morgan natural? Heck no. Is trying to preserve the surface in a oxidized free state natural? Of course not. It requires some type of intervention on our part to do that. What is natural is the normal wear and environmental effects associated with what coins are meant to do, buy things. This includes carrying them around in your pocket, have them contact other coins, hands and surfaces.

What is unnatural for a coin is to be put into a plastic flip, cardboard holder, slab or album. We want to so desperately stop the natural chemical processes that affect metal. How is that different than sticking a "problem" coin in your pocket? You are interevening to alter the coins condition. Really, the difference, if one, is really that putting the coin in your pocket changes the condition from static to dynamic, the natural outcome for a coin. How many circulated coins were once gunked up, cleaned, scratched etc. only to be put back into circulation. Years later they are plucked from circulation this time by a collector, the problem eliminated, who then stops the natural process.

Who says a coin's status must not change once it has been "collected"? IMO, what is more natural is allowing the condition to change, whether for better or worse. So for those of you who say this is wrong, look to your own collections and see how many of your coins are slabbed, housed in albums, flips or sitting in a drawer? What is more natural?
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 Posted 11/14/2013  8:35 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list
I have no problem with someone artificially wearing down a coin but if you do it to profit I just feel its dishonest. Throw it in a vibratory tumbler that you use to clean brass, throw some walnut shell media or corn cob media along with some coins to rub against. Really there's no difference, they accomplish the same thing. Just one would probably be faster and the other lets you feel good about yourself.
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Edited by 52Raymo
11/14/2013 8:52 pm
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 Posted 11/14/2013  8:55 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list
Theres a huge difference between a pocket and tumbler though. The whole idea from a profit standpoint would be to get it to get a non details grade. A tumbler likely doesn't solve that problem and cleaned usually gets better prices than damage it seems.

The profit aspect of it really is overblown though. In the most ideal situations you may end up recovering what a couple hundred maybe a grand or two with the grade loss to get it to look uncleaned. But its going to take you many many months/years. I dunno about you but I'm not walking around with coins worth thousands in my pocket or even several hundred. Then consider the amount of time it takes and the payoff isn't that great.

I tried to make a lowball ike and got about a month or two in it and was looking at it thinking are you kidding me this things barely changed. It takes a very patient individual and certainly more patience than I have to make lowballs or saved cleaned coins. If it was as easy as that there would be a lot less cleaned coins floating around
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 Posted 11/14/2013  9:31 pm  Show Profile   Bookmark this reply Add unholyroller to your friends list
To me, pocket pieces, lowballs, or any coin that requires effort to change its appearance has it's place if both parties know good and well how the coin got to the current state. You are essentially creating an end product though personal effort that someone else desires and knows good and well it didn't get that way by accident...is akin to hobo nickels. We know they are intentionally altered, but altered because there is a market for the end product. In a previous thread there was a lively debate about a "crackout dealer" on ebay. So if this dealer broke out a "details" coin from a holder and tossed it in a tumbler overnight, or carried it in his pocket for a month, does he still need to divulge it had a "details" designation before he cracked it out? After all...the months worth of pocket wear has altered it from the state it was formerly housed in a holder thereby making the previous grading not relevant. What we are all talking about truely has little to do with WHAT we do, but more so HOW we represent it. Deep down this conversation is all about "honesty vs money" and depending on where your motivations stand at any given moment you will fall to one side of this debate or the other. There is no right or wrong, just which choice lets you sleep easier at night. And I must add, the cliche "sleep easier at night" phrase is not meant here to poke at honesty as it usually does....I have been dirt poor before, and sometimes being about the money can certainly help you sleep at night as well! :-)
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 Posted 11/14/2013  9:56 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list
A pocket full of change is just a mini tumbler. Lol I mean really if you think about it.
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 Posted 11/14/2013  9:58 pm  Show Profile   Bookmark this reply Add philadelphian to your friends list
Perhaps we should also remember that we on the cusp of scan technology that will "fingerprint" individual coins for security purposes. Intentional pocket wear that we find acceptable to remove a cleaning will also be used to mask stolen goods.
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 Posted 11/15/2013  11:55 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list
I never knew I was supposed to carry my pocket piece in the same pocket as other coins to wear it down quicker.

I guess my pocket piece has lived a sheltered suburban private school life the last 2 years.

Maybe that is why it ran away 3 weeks ago and I can't find it.

I think this goes the same was as artificially toned vs intentionally toned.

If you throw your coin in a fry pan with olive oil or whatever to get a rainbow effect it is intentionally toned.

If you throw you coin in a cherry wood box *(tried it but didn't lokk good after 2 months) or on a wood ledge in direct sunlight (didn't work) a capsule with sulphur it is intentionally toned whether it looks it or not.

If you drop a coin under the seat of your car and it sits there for a year and the carpet interacts with the surfaces you did not intentionally tone the coin but a TPG may disagree.

I think the fault lies with the owner of the coin and the same applies to crack out artists who take details grade coins and play dumb upon resale.

Same thing in the watch collecting community.

Lots of doctored watches on ebay coming out of the Philippines and some accurately described as such but there some who buy them up and try to reflip them on ebay or elsewhere to the unsuspecting newbs as all original.
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