Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Vancouvers #1 Coin and Paper Money Dealer Coin, Banknote and Medal Collectors's Online Mall 300,000 items to help build your collection! Join Thousands of Coin, Bullion, & Money Collectors Specializing in Modern Numismatics Royal Estate Auctions - $1 Coin Auctions








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

What Is On My Coin? (Help A New Guy Out!)

To participate in the forum you must log in or register.
First Page  Showing last 15 replies.
Author Previous TopicReplies: 29 / Views: 2,578Next Topic Page 2 of 2
Pillar of the Community
United States
1130 Posts
 Posted 01/15/2008  5:35 pm  Show Profile   Bookmark this reply Add 1sikevo to your friends list
Copper spots are common on pre-1933 US Gold. It should not change the grade unless the spots are so bad that it kills the eye appeal of the coin. Check out the roughness on my 1908 Double Eagle at 10 and 3 o'clock. Those are impurities that may eventually change color.

What-Is-On-My-Coin?-Help-A-New-Guy-Out!
Pillar of the Community
United States
6394 Posts
 Posted 01/15/2008  6:41 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list
I'm surprised no one has suggested the good ol' acetone treatment. Acetone will dissolve miscellaneous crud like ink, oil, and many paints and stains but will not affect the gold.

If it were my coin, I would try something like the following. Make sure you do this outdoors since acetone is very flammable.

1) Carefully open the case, remove the coin (handling it by the edge only), and place it at an angle on a soft paper towel.
2) Using a glass or polypropylene eyedropper, flush the spot with a few squirts of pure acetone. Make sure it is good quality acetone from a lab supply or hardware store. Don't use nail polish remover!
3) If the spot doesn't easily rinse off, place the coin in a shallow glass or ceramic bowl and cover with acetone. Let it soak for a few minutes.
4) Return the coin to the paper towel and try some more squirts of fresh acetone. You can repeat #3 and #4 several times if you think you are seeing an improvement.
5) When done, allow the coin to completely air-dry before putting it back in the case. Those cases are polycarbonate plastic and acetone will destroy them, so make sure all the acetone is gone!

If this doesn't work, I'd take Metalman's choice #1 (live with it) or #3 (sell it and buy one you like better). If you try it, please let us know what happens.

By the way, welcome to the forum!
Pillar of the Community
United States
7123 Posts
 Posted 01/15/2008  7:04 pm  Show Profile   Bookmark this reply Add Metalman to your friends list
acetone is alright but I would be careful of the paper towel and acetone together ,, acetone is a solvent and will break down whatever is in the towel ,,dye's,chemicals ,whatever !

personally I would decide what I was going to do with the coin first ,,if your going to keep it then maybe acetone is worth a try ,,if you going to sell it then I would not mess with it and take a chance of it getting dinged in any way .

If you going to send it for conservation then I would not do anything other than package it according to instructions for submission and send it off.

Metalman

New Member
United States
8 Posts
 Posted 01/16/2008  02:55 am  Show Profile   Bookmark this reply Add thelonghop to your friends list
You've raised more questions.

I had bought the coin to hold onto for the long-term either to sell in retirement or to pass on to one of my kids.

Does the discoloration make it more rare or anything?
Is it possible that this coin is a first strike? They seem to sell for much higher.
Wouldn't the NCS try the acetone option?

The spot does bother me if I decide to pass it on. I liked the idea of it being a perfect first of its kind. If it's likely not a first strike I'm kinda leaning towards trying to clean it myself, because the whole NCS thing wouldn't be worth it and there's no guarantee that a second one I bought to replace this one would be perfect either.
Pillar of the Community
United States
1130 Posts
 Posted 01/16/2008  04:17 am  Show Profile   Bookmark this reply Add 1sikevo to your friends list
If you are so concerned about getting a perfect coin, why don't you buy one that has been graded MS70 or PR70 ?
Bedrock of the Community
United States
20753 Posts
 Posted 01/16/2008  08:43 am  Show Profile   Bookmark this reply Add just carl to your friends list
My suggestion is to let sleeping dogs lie. In other words as already noted leave it alone. Sounds like it really bothers you but if you just stop any further metalic reactions, it should stay as it for a long, long time. It is in the original Mint container so leave that alone. Many collectors pay extra for coins in the original containers. Note how even Hot Wheel cars sell for double if in the original package. Breaking it open to put in Acetone is risky if you don't know exactly what your doing.
For example how would you immerse the coin in the Acetone? Use your fingers? The type of container used for the dipping? The purity of the Acetone? Distilled water or tap water rinse or no rinse at all? Acetone is OK for someone that knows what they are doing but many things can go wrong if your don't. Again, just put the coin in a zip lock bag, push out excess air, tape up the ends and forget it.
Your great-great grandkids will see it as it is today.
Bedrock of the Community
United States
20753 Posts
 Posted 01/16/2008  08:52 am  Show Profile   Bookmark this reply Add just carl to your friends list
Jaobler, note item 5) of your post. If the contamination on a coin is absorbed in the Acetone and the Acetone is allowed to just air dry, the residue from the evaporated Acetone will be back on the coin. If the Acetone absorbed air born particles, this too will now be deposited on the coin. If the Acetone absorbed any impurities in the original container, this too will be deposited on the coin. If the utensil being used to do the dipping or cleaning was not exceptionally cleaned, it too may have contaminates now absorbed in the Acetone also now deposited on the coin.
In other words, an immediate rinse in distilled water would be a smarter end product. Then blown dry with a warm setting from a hair dryer. Of course even then if the air is dirty, the rushing air will further deposit contaminates on the coin.
Pillar of the Community
United States
7123 Posts
 Posted 01/16/2008  12:35 pm  Show Profile   Bookmark this reply Add Metalman to your friends list
quote:
Does the discoloration make it more rare or anything?



Not that I know of ,,unless the whole coin was to tone then it may make it appealing to a whole different crowd of collectors ,,but that little spot is a distraction on the coin.


quote:
Is it possible that this coin is a first strike? They seem to sell for much higher.



I give little credence to the first strike designation on just about any coin ,, and before I get jumped on for that statement ,,I have heard all the hype and I have also read what the mint had to say about the FS ASE's they completely discounted them by stating that there is no way to know which coins are the first struck from any pair of dies and the date on the box means nothing .


quote:
Wouldn't the NCS try the acetone option?


As far as I know NCS has methods which they do not disclose ,,acetone maybe in the system or another such solvent ,,but just exactly what they use I have no clue .

there are also things which they can do little about ,,it depends a great deal on if the problem is within the planchet or if it is on the surface .


Personally if it was me and that spot bothered me I would sell the coin replace it with another ,,and get rid of the mint packaging and store the coin in an airtite .

I have little respect for mint packaging for long term storage ,,I have seen way to many nice coins end up in the obituaries because of it .









Bedrock of the Community
United States
19964 Posts
 Posted 01/16/2008  1:27 pm  Show Profile   Bookmark this reply Add BadThad to your friends list
I agree with Metalman totally on this.
Lincoln Cent Lover!
VERDI-CARE™ INVENTOR
https://verdi.care/
Valued Member
United States
144 Posts
 Posted 01/16/2008  2:04 pm  Show Profile   Bookmark this reply Add greyhav to your friends list

I agree, too. Mainly because (as mentioned earlier) it is extremely easy to mar, cut, rub, ding, gouge, or otherwise damage pure gold.

By the way, the NGC membership fee of $99 surprises me, since you can join the ANA for $36, and it includes a free NGC membership, and you get a pretty good magazine, too.
Pillar of the Community
United States
6394 Posts
 Posted 01/16/2008  4:02 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list
Carl,
You are right about re-deposition of residue on the coin, but I think that will be prevented by final rinsing with several squirts of fresh acetone. It's just my opinion of course, but I would not hesitate to take this approach on one of my coins. Distilled water is fine for rinsing, but it evaporates slowly. Acetone is gone in seconds leaving a perfectly dry surface.

Leaching of dyes from the paper towel is another issue and is a valid point. My choice would always be a plain white towel. I'd say there's about zero chance that the coin would pick up anything from that surface.

Greyhav, your $99 Collectors Club membership at NGC includes 5 free coin submissions. That actually makes it a bargain, assuming you are interested in sending coins in for grading.

Cheers!
New Member
United States
8 Posts
 Posted 01/17/2008  01:13 am  Show Profile   Bookmark this reply Add thelonghop to your friends list
Again, thanks for all the replies. I'm learning alot. More questions though. When transferring a coin to an airtight holder, do you need to wear gloves or anything? Would local dealers be able to take a look at it and better say what the spot is?
Pillar of the Community
United States
1934 Posts
 Posted 01/17/2008  05:02 am  Show Profile   Bookmark this reply Add j_h_s to your friends list
"Let sleeping dogs lie" is the best advice I've heard in this thread.
Bedrock of the Community
United States
17884 Posts
 Posted 01/17/2008  5:12 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list
The edges of the gold planchets have an oil applied to them so they do not bind up in the handling equipment. This oil happens to have a red color. When the gold buffalos first came out there were a lot of reports of "red stuff" on the proof coins.
Valued Member
138 Posts
 Posted 01/17/2008  9:45 pm  Show Profile   Bookmark this reply Add Homer1 to your friends list
It looks like the plastic case has the red mark. Not the coin. I wouldn't touch coin but leave it as is. It's already worth 1000.00 at least.
Page 2 of 2   Previous TopicReplies: 29 / Views: 2,578Next Topic Page 2 of 2
First Page  Showing last 15 replies.
To participate in the forum you must log in or register.


    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.34 seconds to rattle this change. Forums