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Is It Worth It?

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Author Previous TopicReplies: 13 / Views: 1,923Next Topic  
Valued Member

Canada
329 Posts
 Posted 02/10/2015  11:15 pm Show Profile   Bookmark this topic Add wazzappenning to your friends list Get a Link to this Message Number of Subscribers
just as an example, without considering the date. would it be worth soaking something like this in water/acetone etc along with minor scraping (toothpick/ fingernail)to see if there could be a p no mag, or w etc? would the coin be worth ANYTHING if further cleaned up or is the damage done and it is too far gone to ever be worth anything no matter the error or variety?
Is-It-Worth-It?
Is-It-Worth-It?
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fourmack's Avatar
New Zealand
1679 Posts
 Posted 02/10/2015  11:33 pm  Show Profile   Bookmark this reply Add fourmack to your friends list Get a Link to this Reply
Yep copper value thats all
Cheers Don

Vickies cents and GB Farthings nut.
"Old" is a figure of speech and nothing more
Forum Kid
Vancouver IslandCoinKid's Avatar
Canada
1074 Posts
 Posted 02/11/2015  12:16 am  Show Profile   Bookmark this reply Add Vancouver IslandCoinKid to your friends list Get a Link to this Reply
not copper... steel if magnetic, and non mag if zinc.
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fourmack's Avatar
New Zealand
1679 Posts
 Posted 02/11/2015  12:17 am  Show Profile   Bookmark this reply Add fourmack to your friends list Get a Link to this Reply
true I am thinking large cents
Cheers Don

Vickies cents and GB Farthings nut.
"Old" is a figure of speech and nothing more
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denny7000's Avatar
Canada
1018 Posts
 Posted 02/11/2015  12:21 am  Show Profile   Bookmark this reply Add denny7000 to your friends list Get a Link to this Reply
Put it out of its misery, dump it , to much damage.
Valued Member
Canada
329 Posts
 Posted 02/11/2015  01:15 am  Show Profile   Bookmark this reply Add wazzappenning to your friends list Get a Link to this Reply
thank you. the question was more because I come across quite a few and was wondering if it was worth it to baby each one.
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kanga's Avatar
United States
5825 Posts
 Posted 02/11/2015  08:09 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
Yes, it is worth one cent Canadian.
It cannot be recovered from that damage already done.
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denny7000's Avatar
Canada
1018 Posts
 Posted 02/11/2015  09:35 am  Show Profile   Bookmark this reply Add denny7000 to your friends list Get a Link to this Reply
If I had 100 such damaged , corroded, stained pennies I would dump them in a coin counter and take the dollar and get 100 other pennies worth collecting.
Edited by denny7000
02/11/2015 09:58 am
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ace_ftw's Avatar
Canada
1747 Posts
 Posted 02/11/2015  12:12 pm  Show Profile   Bookmark this reply Add ace_ftw to your friends list Get a Link to this Reply
OK, hold a minute, the OP did say forget what date the coin pictured is. He is saying for example, if you had a 1985, and suspected it of being a pointed 5, would it be worth it? Or say if this was a 2000 and you saw a raised p shaped thing under the neck would you try and salvage it.

My 2 cents is YES, I look at every 1985 cent I find, bent scratched dinged etc, I want to know if its a pointed 5 or not, if you are looking at a coin date with a known variety I would suggest you do your due diligence and see if it is or not.

on a similar note, would you keep this coin in this shape if it was a 1924?
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47P7's Avatar
Canada
1505 Posts
 Posted 02/11/2015  12:23 pm  Show Profile   Bookmark this reply Add 47P7 to your friends list Get a Link to this Reply
[b]ACE [b]
excellent points. YOU read the OP's post, thought about it and tried to understand what he actually meant.
if the OP had posted a 1948 dollar corroded, I bet, because it is a 48, nobody would have said.. it is just worth silver.
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denny7000's Avatar
Canada
1018 Posts
 Posted 02/11/2015  12:35 pm  Show Profile   Bookmark this reply Add denny7000 to your friends list Get a Link to this Reply
The OP also said he is coming across quite a few of these and wanted to know if was worth it to baby each one. If I found a 1985 pointed 5 corroded as the one above pictured, I might try to clean it up but its value has taken a huge hit. I doubt if the OP is coming across a bunch of 1985 p5 or 1924 in any condition. If someone does come across a coin in this condition then it is up to the person with the coin in hand I guess. It also matters how many pennies you have and can get.
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Altaira's Avatar
Canada
2519 Posts
 Posted 02/11/2015  12:44 pm  Show Profile   Bookmark this reply Add Altaira to your friends list Get a Link to this Reply
If it's a plated one I don't usually bother cleaning it up. I just try to look for Ps or Ws the best that I can behind the damage.

If I found a George V in that condition, I'll try do do something about it if I know whatever is on it can be removed. If not, I leave it. No point if you know it's not going to help.
Valued Member
Canada
329 Posts
 Posted 02/12/2015  11:25 pm  Show Profile   Bookmark this reply Add wazzappenning to your friends list Get a Link to this Reply
ok so I guess the real question was, is it worth it to clean up to the point I can try to discover p (or not)or w etc? and then could it be cleaned up to be worth anything? some of this stuff on the coins is so hard its like trying to excavate a fossil.

or is it too far gone to be worth anything even if it were for example a no mag p? ie:should I bother or is it a waste of time?

ace kind of answered my question, but so did denny saying the value has taken a huge hit.

the coins in question at the moment are all post 1996 as I will check the copper later.
Edited by wazzappenning
02/12/2015 11:28 pm
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denny7000's Avatar
Canada
1018 Posts
 Posted 02/12/2015  11:38 pm  Show Profile   Bookmark this reply Add denny7000 to your friends list Get a Link to this Reply
I do and have tried to determine whether a heavily damaged coin is a variety to keep and you are right sometimes when a mint mark is destroyed its impossible to tell. I guess if you have the time and want to play around cleaning a coin then have at it. I have a lot of pennies and over the last few months I have become really picky about what I keep and what I chuck but that is just the situation I'm in. At the cost of a cent there is really no harm hanging onto it if you want.
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