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 Replies: 19 / Views: 1,265 |
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Moderator
 United States
15475 Posts |
 to the CCF Quote:
I'm much more involved with woodworking forums I used to hang out a LOT at the WWA - years ago and have not visited since. Check out my signature hyperlink. Edited by nickelsearcher
03/05/2024 05:46 am
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New Member
 United States
5 Posts |
"I agree with AU Details (cleaned) a probable grade..."
My understanding was that you should never clean coins as it reduces the value. Is this not the case anymore or not apply to gold coins?
If so, should I have the coin professionally cleaned before grading or is it something I can do myself?
I would consider doing it chemically or through an ultrasonic jewelry cleaner but definitely don't want to add any scratches.
Edited by deepcreek
03/05/2024 08:03 am
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Moderator
United States
189340 Posts |
to the Community! |
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Pillar of the Community
United States
4233 Posts |
Don't clean it. I meant that it would get a "Details" grade because it looks like it was previously cleaned. "Details" is what the graders use to indicate a problem, such as cleaned, scratched, damaged, graffiti, etc. I don't know why they don't just say Problems instead of Details. You can request the TPG conservation service along with the grading. I'm not sure what they do when conserving a coin but it won't damage it. I don't know if this coin would benefit from it or if it's worth it. |
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Pillar of the Community
United States
3848 Posts |
You can also choose to consign a coin to an auction house and they'll send the coin into grading for you. Instead of a three month turnaround for the standard consumer, they can get it done in a couple of weeks maximum. Probably the best option considering there would be a lot of hustle in selling and a dealer would pay the low end of auction potential. PCGS or NGC would work, do not use ANACS or ICG for this coin.
I think that coin grades AU Details Cleaned, and carries a huge premium for a conditionally challenging issue. I would guess this would bring $2,000-$4,000 at auction.
Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves. |
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Bedrock of the Community
United States
36839 Posts |
AU details, cleaned and well worth getting slabbed.
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Pillar of the Community
 Canada
1770 Posts |
 @deepcreek |
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New Member
United States
5 Posts |
It's interesting that the coin has been cleaned at some point.
My Mom said it's been in a safe deposit box for 50 years since it came through an estate.
It was valued at that time by World Wide Coin Investments Ltd at $160.
My understanding from the folks at Great Collections is that is worth about half ($1500) of what it would bring uncleaned.
Bummer!
Edited by deepcreek
03/06/2024 2:55 pm
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Pillar of the Community
United States
7627 Posts |
1500 $ sounds way too cheap in my 2-cent opinion.
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Bedrock of the Community
United States
11898 Posts |
This is a great looking coin. I would be interested in purchasing this. PM me if you would like to discuss an offer. Good luck!  IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com |
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Pillar of the Community
United States
6394 Posts |
Would probably make AU details. Obviously cleaned with hairline scratches on both sides. Similar cleaned examples have sold in the $1500 - $3000 range over the last 9 years on Heritage.
I wonder if the value as a family heirloom outweighs its monetary value. Maybe you could buy it yourself.
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Pillar of the Community
United States
7627 Posts |
Quote:
Maybe you could buy it yourself. I like that suggestion! Wonderful start to putting together a set of the only US type ($5 Liberty) coin to be minted at all 7 mints. Fun set to accomplish, doable and reasonably priced all things considered. I put a couple of the 7 coin sets together over my coin "career". Feels good to get a set put together. Not so good to part with it when the time comes. Good luck with whatever you decide! |
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New Member
United States
5 Posts |
Unfortunately, I'm not in a position to "buy" the coin myself nor do I have an heir to pass it on to.
I'm going to send it to NGC for grading and to have it slabbed before making a decision on the best route to sell.
As a new member, I can't respond to requests for private messaging. That being said, I can be found on the Internet through my business TimberFire Studio.
Thanks!
Joe
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Pillar of the Community
United States
7627 Posts |
I understand completely that you have to do what is best for you and your Mom.
Good luck and I hope you get good money for your coin!
Thanks for posting pics.
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Bedrock of the Community
United States
10982 Posts |
I agree with AU Details - Cleaned. Possible Environmental Damage. $2,000 retail is my guesstimate. Maybe $2,500 if it does really well. |
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Replies: 19 / Views: 1,265 |
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Posted 03/05/2024 07:18 am
