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Burnished Coin Value?

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 Posted 10/09/2020  05:28 am  Show Profile   Bookmark this reply Add Keith67 to your friends list
burnished
[#712;b#601;rniSHd]
ADJECTIVE
(especially of metal) polished by rubbing.
"highly burnished armor" · [more]



I think Your coin is cleaned
Edited by Keith67
10/09/2020 06:34 am
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 Posted 10/09/2020  09:38 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list
Sounds like it. Can you show us pics?
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 Posted 10/09/2020  12:03 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list
NGC's definition:

"BURNISHED is the term used when the cleaning is more aggressive and gives the coin a very brilliant but unnatural sheen. Sometimes this action is performed with some abrasive media such as ball bearings, or it may result from treatment within a rock tumbler." https://www.NGCcoin.com/coin-gradin...ils-grading/
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 Posted 10/09/2020  5:42 pm  Show Profile   Bookmark this reply Add CoinHunter00 to your friends list
Hi, thank you for your replies. That is what I initially thought but was not really sure. As per requests, I have attached some photos below (its hard to take photos of encapsulated coins!).

Due to money problems, the seller has kindly offered to accept the coin back, however I am still very curious as to its value and the effect 'burnishing' has on value. The coin itself is very neat but the whole tampered aspect seems significant. What do you guys think?

Burnished-Coin-Value?
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 Posted 10/09/2020  5:45 pm  Show Profile   Bookmark this reply Add CoinHunter00 to your friends list
PS. I paid around $120 for this coin. Found myself trapped in a bidding war and let the 'submit bid' button get the best of me.
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 Posted 10/09/2020  6:22 pm  Show Profile   Bookmark this reply Add Keith67 to your friends list

Quote:
Found myself trapped in a bidding war and let the 'submit bid' button get the best of me.


Don't do that again. I hope you get your money back
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 Posted 10/09/2020  8:05 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list
I looked at Heritage for details coins less than AU.

VF30 $53 cleaned
F $61 ED
XF $57 ED
F $39 ED
F $84 rim damage

These span 2019 back to 2016. Yours seems to have ED in addition to the burnishing. If I really really wanted it I probably would have stopped at $80. If I only wanted a "deal" I would have stopped around $50.

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 Posted 10/09/2020  8:55 pm  Show Profile   Bookmark this reply Add CoinHunter00 to your friends list
Thank you for the responses. While I was aware I overpaid for the coin, I was not sure by how much. Nevertheless, I will be returning this coin, completely unrelated to the fact that I paid too much. And I appreciate all the comments informing of what 'Burnishing' actually meant. Its all a learning process!

But yeah! After this, I am going to take a break from bidding and focus on the current issue at hand. This hobby is so darn expensive anyways!! And thank you for the references and opinions -- they put things into perspective for me.
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 Posted 10/11/2020  09:58 am  Show Profile   Bookmark this reply Add just carl to your friends list
Let us know if you get your money back.
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 Posted 10/11/2020  11:02 am  Show Profile   Bookmark this reply Add machine20 to your friends list
wouldn't be bad for $60 or $70
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 Posted 10/19/2020  7:37 pm  Show Profile   Bookmark this reply Add CoinHunter00 to your friends list
Hello all! The coin has been returned!! Refund should hit in a couple of days :)
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 Posted 10/19/2020  10:04 pm  Show Profile   Bookmark this reply Add twslisa to your friends list
Is that an ANACs thing? I've never seen a slab labeled "Burnished" before.
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 Posted 10/20/2020  11:43 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Hello all! The coin has been returned!! Refund should hit in a couple of days :)
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 Posted 10/29/2020  1:09 pm  Show Profile   Bookmark this reply Add westcoin to your friends list
Glad you were able to return it. Burnishing coins was a big deal mainly in the early copper Coin World, it is a means to smooth them out usually from a bout with corrosion or other damage. They generally have a glossy look as your large cent did. Think if you could iron out a coin that had rough spots or folds on it, that's about the best analogy I can give to what to look out for.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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