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Coloured State Quarters

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Author Previous TopicReplies: 28 / Views: 3,046Next Topic Page 2 of 2
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United States
476 Posts
 Posted 07/22/2021  12:38 am  Show Profile   Bookmark this reply Add carlp007 to your friends list
The coloring on the quarters or painted coins can be removed by soaking them in acetone. It may take a month of soaking to remove the paint, but I will come off. Unless the applications of paint caused damage, I don't know if it is PMD. I too do not collect painted coins; however, I do have a few painted coins.
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United States
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 Posted 07/22/2021  08:57 am  Show Profile   Bookmark this reply Add commems to your friends list

Quote:
The coloring on the quarters or painted coins can be removed by soaking them in acetone. It may take a month of soaking to remove the paint, but I will come off.

True, but why spend the time and effort for a net yield of $0.25?

Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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 Posted 07/22/2021  11:37 am  Show Profile   Bookmark this reply Add jbuck to your friends list
I would say it is good to know in case someone comes across a desirable variety or error on one of these painted examples.
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United States
476 Posts
 Posted 07/26/2021  12:26 am  Show Profile   Bookmark this reply Add carlp007 to your friends list

Quote:
True, but why spend the time and effort for a net yield of $0.25?


I paid spot for may of the painted silver ASE's. My LCS pays less for painted Silver coins. So, soak them to remove the paint, then sell them. It just take a little effort and some time to sell or trade them.
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United States
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 Posted 07/28/2021  1:56 pm  Show Profile   Bookmark this reply Add Oldfordman to your friends list
That is a very good idea.
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United States
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 Posted 08/06/2021  1:14 pm  Show Profile   Bookmark this reply Add russell1256 to your friends list

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"Collect these if you will, but you will never recoup your investment."


I would bet that 90% of coin collectors do not get their investment back, and most of that last 10% will be the collectors heirs.
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 Posted 08/06/2021  4:25 pm  Show Profile   Bookmark this reply Add atticguy to your friends list

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I would bet that 90% of coin collectors do not get their investment back

Quote:
I never expect it because I will never sell them

I drive the same roads as you two. I know I'll never make a penny profit from my coin collecting, but I don't care either. If you want to be a snake oil salesman (flipper/dealer) then that's different.

I checked out some colored quarters the last time I went to a coin show. I liked a lot of them and would have picked them up if they were 50c - 75c each, but this dealer was looking for $3.00 each. Way too much for me to give my money away for.
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 Posted 08/06/2021  6:05 pm  Show Profile   Bookmark this reply Add livingwater to your friends list
Here is a 2002 quarter of Elvis baby. This belonged to my mom who passed away several years ago. Not worth much I know. She also had 20 UNC Morgan dollars that disappeared when the hired healthcare workers came to take care of her and also her $5,000 wedding ring inside a drawer, gone. To this day I don't know if it was a healthcare worker or a greedy relative who came to visit during her final days. So HIDE any valuables if you are in the same position with a dying relative.
Coloured-State-Quarters
Edited by livingwater
08/06/2021 6:07 pm
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United States
292 Posts
 Posted 08/06/2021  6:57 pm  Show Profile   Bookmark this reply Add Corbe to your friends list

Quote:
I would bet that 90% of coin collectors do not get their investment back

That's why it's called collecting and not flipping ... I dunno how much more definitive the word "collect" could be!
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 Posted 08/09/2021  11:46 am  Show Profile   Bookmark this reply Add jbuck to your friends list
Very nice, livingwater!

Sorry to hear about your losses here.
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 Posted 08/09/2021  11:46 am  Show Profile   Bookmark this reply Add jbuck to your friends list

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That's why it's called collecting and not flipping ... I dunno how much more definitive the word "collect" could be!
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 Posted 08/09/2021  7:12 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
The one I did acetone off the color,

/a/ took forever and only came off with some mechanical assistance.

/b/ the underlying coin was scratched up so the color adhered.
-----Burton
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Owned by three cats and a wife of 40+ years (joined 1983)

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 Posted 08/11/2021  10:36 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list

Quote:
That's why it's called collecting and not flipping ... I dunno how much more definitive the word "collect" could be!

Quote:

Well said.
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