Hi Therisker,
Your questions are excellent.
Cleaned coins still give me trouble, although I'm gradually getting better at spotting them. I still get fooled sometimes.
The half dollar posted by AnemicOak is not that hard
to spot as
cleaned. This coin has virtually Mint State details with no visible wear
to my eye. As such, it should have some original mint luster which should s
how as bright areas and darker areas in the pho
to. These "hot" and "cool" areas are created by light reflecting off the microscopic flow lines that are created in a coin's surface when it is struck. Their position on the coin will change if the position of the light source changes. You can easily
see this effect on any modern BU coin. Take a new quarter, for example, and tilt it under a light. You will
see the hot and cool areas move across the coin as you change the angle.
AnemicOak's half dollar has a washed-out, uniform dull appearance, especially on the obverse. There are no hot or cool areas. I assume it was "dipped" in a tarnish remover like a thiourea solution in an attempt
to remove stains or oxidation. This treatment got rid of the tarnish but in the process the original luster was damaged.
"Dipping" is one type of cleaning which may not hurt a coin
too badly if it is done carefully. In this case I imagine the coin was in the solution
too long and it has definitely lost both luster and value as a result.
The other kind of cleaning is "abrasive" cleaning which physically damages the coin, usually leaving hairline scratches. I was finally able
to copy the following image of the PCGS AU50 slabbed 1874 half dollar that I mentioned in a previous post. There are fine scratches over the entire obverse. The scratches are mostly parallel which probably indicates the coin has been wiped with an abrasive cloth. Any coin that looks like this screams "
CLEANED"
to me. As such, I am very surprised it was slabbed by PCGS. Somebody bought this coin for over $400, which is close
to retail price for an original (un-
cleaned) AU. I think they paid
too much.
All this is just my opinion, of course, based on what I've learned from more knowledgeable collec
tors and trusted dealers.
