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So You Want To Clean Your Coin?

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 Posted 10/24/2020  4:24 pm  Show Profile   Bookmark this reply Add Nells250 to your friends list Get a Link to this Reply
I know this is a totally different collecting topic, BUT the same thing happens with collectors of antique railroad lanterns. I personally like them in original used condition. I just clean with mild soaps so I don't get soot all over myself. Spray down with a little WD40 to help keep rust/corrosion at bay.

BUT, many "collectors" and "antique dealers" will steel-wool them down to bare metal, or use chemicals to remove any paints. I have seen mirror-like lanterns and unless we are talking extra-special presentation lanterns, they were NEVER mirrors.

Unlike coins, though, it seems many people prefer this altering, which is what it is: ALTERING FROM ORIGINAL/CORRECT CONDITION.

Buffing a gold coin, and one that cost over $100k... that is just insanity...

JD
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 Posted 10/26/2020  2:02 pm  Show Profile   Bookmark this reply Add twslisa to your friends list Get a Link to this Reply
Interviewer: "So this guy was a knowledgeable collector?"

Dealer: "This was a guy with $102,000."

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 Posted 10/26/2020  2:04 pm  Show Profile   Bookmark this reply Add twslisa to your friends list Get a Link to this Reply
By the way, there's a video on YouTube about the difference between YOU, CLEANING your coin, and sending it to an organization to get it conserved. The comments are pretty entertaining. I suspect a lot of the commenters have really nice, shiny coins in their collection.
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 Posted 10/26/2020  2:26 pm  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
I know that funny looking dealer

Edit: He's sitting right next to me reading this thread lol
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
ANA id: 3194067
My Type Set: https://www.NGCcoin.com/registry/co...sets/236574/
If you want to buy something or sell something or just talk, shoot me a PM!
Edited by GrapeCollects
10/26/2020 2:33 pm
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 Posted 10/26/2020  2:54 pm  Show Profile   Bookmark this reply Add Morgan Nerd to your friends list Get a Link to this Reply
That was a heartbreaking story. He pays $100,000 for the coin and then thinks that he can "improve" it. It's only worth the gold value now. I certainly wouldn't buy it, even if I had enough money to do so.
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 Posted 10/26/2020  6:58 pm  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply

Quote:
It's only worth the gold value now.


Not remotely true. This is still a very scarce coin, even polished to oblivion like this. Around $10000 wouldn't be beyond reason today, perhaps as much as $12000.
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
ANA id: 3194067
My Type Set: https://www.NGCcoin.com/registry/co...sets/236574/
If you want to buy something or sell something or just talk, shoot me a PM!
Valued Member
United States
169 Posts
 Posted 10/26/2020  10:12 pm  Show Profile   Bookmark this reply Add Morgan Nerd to your friends list Get a Link to this Reply
I still wouldn't buy it even if it was worth just the gold value.
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 Posted 10/27/2020  12:59 pm  Show Profile   Bookmark this reply Add Nells250 to your friends list Get a Link to this Reply

Quote:
I know that funny looking dealer

Edit: He's sitting right next to me reading this thread lol


HA! Just goes to show you never know who is watching............
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 Posted 10/28/2020  07:39 am  Show Profile   Bookmark this reply Add mail187man to your friends list Get a Link to this Reply
I should really share this video to some of the Facebook metal detecting groups I am a part of. There are a couple idiots that polish every single silver they dig. Dude polished up an 1872 CC dime and posted pictures about what a great job he did cleaning it and everything. Let me tell you he got slammed for it though.
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 Posted 10/28/2020  11:22 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Dude polished up an 1872 CC dime and posted pictures about what a great job he did cleaning it and everything.
While I am sure the "before" images are worse...
Valued Member
United States
265 Posts
 Posted 10/29/2020  2:53 pm  Show Profile   Bookmark this reply Add mail187man to your friends list Get a Link to this Reply
I'll just say I got so tired of seeing this person polish all of his coins and have all these people, who actually had a clue, try and educate him. He didn't care, just kept polishing away, said he liked them better that way. We all tried to tell him that his kids will be disappointed with what the dealers tell them their inheritance is worth. Nope, next day a couple pics of some freshly polished barbers. I had to actually block this person because it was super frustrating to see. Some people can only learn the hard way, and unfortunately this person is going to maintain his ignorance throughout his lifetime.
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