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Estate Finds, Clean Or Not?

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 25 / Views: 3,483Next Topic Page 2 of 2
Bedrock of the Community
United States
17884 Posts
 Posted 01/17/2014  10:16 am  Show Profile   Bookmark this reply Add Conder101 to your friends list
You can melt silver or gold coins all you want, no legal problem, you just can't melt cents or non-silver five cent pieces.

This is one case where cleaning coins isn't a problem.At least for those coins with rust adhering to them. And before anyone complains look at that V nickel. In that condition it is worthless. If you can remove the rust, even if the coin surfaces are slightly etched or show an unnatural color it would have to be worth more.

You might try Iron Out it is a product specifically intended for dissolving rust.
Valued Member
United States
118 Posts
 Posted 01/17/2014  10:53 am  Show Profile   Bookmark this reply Add SCDave to your friends list
I'd try some electrolysis on one of the silver coins. It should remove the rust but there will probably be staining or corrosion where the rust was. You can make your own electrolysis unit with things you most likely have around the house, do a search for how to make one, there's plenty of different ideas out there.....
Valued Member
United States
135 Posts
 Posted 01/17/2014  2:33 pm  Show Profile   Bookmark this reply Add Sabre2th to your friends list
Thanks again!
Pillar of the Community
United States
6130 Posts
 Posted 01/17/2014  4:24 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list
A bit of a deviation from the rest of the comments, but is that old safe still under warranty? Did it ever promise protection from water damage? If so, you could file a claim with the safe company for the damage the safe failed to protect against. It's a long shot, but they might be willing to work with you, at least with the old notes and completely unsalvageable coins.
Valued Member
United States
135 Posts
 Posted 01/17/2014  5:30 pm  Show Profile   Bookmark this reply Add Sabre2th to your friends list
Nope, very old safe, couldn't even identify the manufacturer.
Pillar of the Community
United States
7624 Posts
 Posted 01/17/2014  5:54 pm  Show Profile   Bookmark this reply Add westernsky to your friends list
Water and collectibles are not a good combination. Many a stamp collection was been ruined by a little bit of water. Coins can sometimes be conserved but the time and effort is only worth it on rare stuff. Generic gold and silver damaged stuff might as well be sold off at melt value.

If the currency is all matted together your best bet is to not mess with it and send it off to the Treasury for redemption. You can find more information about this on the Bureau of Engraving and Printing's website at http://www.moneyfactory.gov. Search mutilated currency redemption.

If you have individual pieces of intact currency that may hold collector value those still might bring more than face value even if damaged. Just post pics here and the boardies here can help.

Hope it goes well for you and the estate.
Valued Member
United States
135 Posts
 Posted 01/17/2014  6:12 pm  Show Profile   Bookmark this reply Add Sabre2th to your friends list
Thanks, I've already turned in around $2,100 face for redempting. Could barely make out the serials. I do have several national notes that I've started listing on ebay.
Pillar of the Community
United States
7624 Posts
 Posted 01/17/2014  6:48 pm  Show Profile   Bookmark this reply Add westernsky to your friends list
Kool!

Old mildewed currency can harbor all kinds of mold and crap that can make you sick. Best to handle it with gloves and wear a mask/face protector to keep out the crap.
Valued Member
United States
135 Posts
 Posted 01/17/2014  7:41 pm  Show Profile   Bookmark this reply Add Sabre2th to your friends list
Fortunately the nationals and gold certs came out of safe deposits, much better condition.
Pillar of the Community
United States
593 Posts
 Posted 01/18/2014  11:50 am  Show Profile   Bookmark this reply Add garys64wildcat to your friends list
Another idea I thought about. My being an old car enthusiast and finding an old classic muscle car that has set for years and engine wont turn over because of rust in cylinders, I would use Marvel Mystery oil down the cylinders or on bolts etc. and let it soak until it frees them up.

Especially if there are some good coins worth saving.
Valued Member
United States
135 Posts
 Posted 01/18/2014  9:53 pm  Show Profile   Bookmark this reply Add Sabre2th to your friends list
Worth a try!
Pillar of the Community
United States
3540 Posts
 Posted 01/19/2014  12:40 am  Show Profile   Bookmark this reply Add acloco to your friends list
garys64wildcat is spot on. Automatic transmission fluid would be PERFECT for this job. Has a little bit of detergent in it.
Valued Member
United States
135 Posts
 Posted 01/19/2014  3:32 pm  Show Profile   Bookmark this reply Add Sabre2th to your friends list
Cool! I'll try that this evening. I just happen to have a bottle of type F in the garage that isn't good for anything I currently own. The only thing I've used it for lately is tempering small springs.
Pillar of the Community
United States
3540 Posts
 Posted 01/19/2014  6:49 pm  Show Profile   Bookmark this reply Add acloco to your friends list
I figure...you really will not be out anything.

Valued Member
United States
135 Posts
 Posted 01/19/2014  6:57 pm  Show Profile   Bookmark this reply Add Sabre2th to your friends list
Thanks!
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