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 Replies: 41 / Views: 4,600 |
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Pillar of the Community
United States
4469 Posts |
I can understand why you do not like slabs, but need to do a value check on your purchases before you get thousands of dollars committed to your auction fun. I would recommend that you take your coins over $300 in value and send them to PCGS or NGC for grading so you can analyze your costs and you can make any necessary corrections. There are a number of risks in buying expensive raw coins and you do not want find out that you wasted a lot of money when you sell your collection
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Pillar of the Community
  United States
900 Posts |
@Slider23 I am actually in that process right now. I sent 16 coins to NGC almost a month ago, but I used $250 as my cutoff. After all this talk of counterfeiting, I'm really hoping my 1799 Draped Bust Dollar comes back authentic. They've been stuck in a Quality Control status for about a week now, and it is driving me nuts.  It is also the reason that I am posting some of my coins here. I know that the forum isn't a substitute for a TPG (especially since all forum grading is based on a picture or two), but I am learning a lot by this process. I've definitely made mistakes, but I've also had some lucky breaks. I've bought a number of foreign coins that I just like because of the character of the coin and the age, and it turns out a few of them have been worth 10X what I paid. I've never really worried about the cost of coins, because I've always just bought coins I like and with a single exception (1799 Dollar), I've never spent more than about $60 for a coin, and that was a rarity. Now however, I am getting interested in higher grade coins, and I definitely need to start being more thoughtful and careful. |
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Pillar of the Community
United States
900 Posts |
Quote:
By the way, the brownish purple toning on the obverse between the 6 and 9 o'clock positions is a sign of a poor rinse following a chemical dip. Repeated dips over the years will eventually strip any remaining luster and kill the surfaces of the coin. If the first dip didn't help the coin another one surely won't help either! @Westernsky When you say repeated dipping, do you mean acetone or another substance? I didn't think acetone would affect the surface of the coin. |
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Pillar of the Community
United States
4469 Posts |
When I looked at your photos, the coin did appear to have been dipped. The use of Acetone is not considered a dip as Acetone only removes contaminates from the coin surface. Chemical dips are the use of acids like Jewel Luster or eZest. These acids actually remove a thin layer of metal from the coin when used.
There is no harm is trying to use Acetone to remove the film on the coin. If you get lucky and it does the job, you have a winner.
The last owner may have tried a dip on the coin and it did not work.
If you sent in the coin for grading, I would not be surprised if it came back improperly cleaned because of being dipped.
Edited by Slider23
11/30/2018 09:17 am
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Pillar of the Community
United States
7624 Posts |
OP —- Acetone should not be a problem. As Slider stated, the multiple dips in Jewel Lustre (and like chemicals) will eventually strip the metal away .... one thin layer at a time. It will eventually kill the luster.
Many coins have been ruined this way.
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Pillar of the Community
United States
900 Posts |
I tried acetone and it didn't touch the blue haze, so I guess I am stuck with that haze. It really is odd that the haze is only one one side. There is no trace of it on the reverse. I'm not familiar with the specific process, but I would think that dipping a coin would involve both sides of the coin.
Also, I reached out to Osburn/Cushing about the P2 attribution via their website. I'll post here if I get a response.
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Bedrock of the Community
13014 Posts |
Quote:
Those dealers are most likely crooks (or complete idiots) for tryin to sell $5,000, $10,000, or even $25,000+ coins completely raw because for all we know not only is it possible that they are high-quality fakes, Just to add one a little, there are also people out there who buy details graded coins and make them raw again to sell them for full price. You can basically bet at least some of those many raw coins he saw on the floor were because of that. |
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Pillar of the Community
United States
900 Posts |
I wonder if NGC Conservation could do anything about the haze. Anybody have any experience with them?
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Pillar of the Community
United States
7624 Posts |
Jaded...
I've used NGC conservation services before and was happy with the results. Others have used them and have not been happy. It's sorta hit and miss.
I'd take the coin to a major show and ask them (NGC) what they think about the coin and if conservation might help it.
Never hurts to ask.
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Pillar of the Community
United States
900 Posts |
Just to close the loop on this coin. I sent it to PCGS for restoration and grading (PR61). IMO, they were able to improve it and I am pretty happy with the results. I was a bit nervous about the process, but in this case, the results were definitely worth the $50 cost. Here is a link to the Truview if you are interested. Edited by Jadey
03/28/2019 7:00 pm
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Pillar of the Community
United States
8938 Posts |
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Valued Member
 United States
461 Posts |
 Congratulations! |
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Bedrock of the Community
United States
11898 Posts |
great looking coin in the TV, but it was a great coin going in. thanks for sharing the results |
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Bedrock of the Community
United States
10982 Posts |
Congratulations! PR61 is a great result.
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Pillar of the Community
United States
8517 Posts |
That's a win !
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Replies: 41 / Views: 4,600 |
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Posted 11/28/2018 10:00 pm
