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Burnished Coin Value?

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 Posted 10/09/2020  12:57 am Show Profile   Bookmark this topic Add CoinHunter00 to your friends list Get a Link to this Message
Hi, I was just wondering what exactly 'burnished' meant for a coin and how it affects its value. I know for cleaned coins, it's safe to say their value is 50% that of what it would be without cleaning .. but how exactly does burnishing apply on early 1800s coins? Thank you ahead of time.
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 Posted 10/09/2020  04:40 am  Show Profile   Check spruett001's eBay Listings Bookmark this reply Add spruett001 to your friends list Get a Link to this Reply
I've only seen "burnished" used in relation to certain modern Silver Eagles that have specially prepared planchets.
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Edited by spruett001
10/09/2020 04:41 am
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 Posted 10/09/2020  05:18 am  Show Profile   Bookmark this reply Add CoinHunter00 to your friends list Get a Link to this Reply
I have a 1818 large cent graded as '1818 1C BURNISHED EF40 DETAILS' and I do not really understand what that means!
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 Posted 10/09/2020  05:28 am  Show Profile   Bookmark this reply Add keith12 to your friends list Get a Link to this Reply
burnished
[#712;b#601;rniSHd]
ADJECTIVE
(especially of metal) polished by rubbing.
"highly burnished armor" [more]



I think Your coin is cleaned
Edited by keith12
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 Get a Link to this Reply
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 Get a Link to this Reply
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 Get a Link to this Reply
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?


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 Posted 10/09/2020  5:45 pm  Show Profile   Bookmark this reply Add CoinHunter00 to your friends list Get a Link to this Reply
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 keith12 to your friends list Get a Link to this Reply

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 Get a Link to this Reply
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 Get a Link to this Reply
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 Get a Link to this Reply
Let us know if you get your money back.
just carl
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 Posted 10/11/2020  11:02 am  Show Profile   Bookmark this reply Add machine20 to your friends list Get a Link to this Reply
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 Get a Link to this Reply
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 Get a Link to this Reply
Is that an ANACs thing? I've never seen a slab labeled "Burnished" before.
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