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 Replies: 18 / Views: 2,352 |
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Pillar of the Community
 Australia
2536 Posts |
Continuing my new journey into US coins, I purchased a group of proof dimes, nickels, quarters and half dollars. Sadly the seller packed the lot into a ziplock and then into a padded post parcel. My horror on opening was to see that all of the staples on the 2x2's were not flattened. By some miracle, only the 1970 S nickel was affected. The staples had punched through the Mylar window and cut a groove into the obverse "D WE". A scratch is on the reverse at about 10:00, but I think that was already on the coin before it was shipped. Also there is the elephant in the room of the milky blotches, what causes that? Needless to say the seller was advised. He immediately apologized and offered me a refund of twice the coin price which I thought was fair. So now I have a coin that I was paid to keep. Sorry to drag the story out so much. So what grade would the coin have now?   The Ox moves slowly, but the Earth is patient.
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Moderator
United States
34419 Posts |
@ttk, is that also a scratch on the reverse above the Jefferson Memorial? For sure this is an impaired proof now.
"If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Pillar of the Community
 Australia
2536 Posts |
@spence, yes it is, missed that while fuming to myself about the damage.
The Ox moves slowly, but the Earth is patient.
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Moderator
United States
56855 Posts |
I agree with impaired proof. The spots are called milk spots and is caused by a cleaning liquid the mint used and did not rinse off properly, they are forever on the coin. John1  |
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Moderator
United States
15457 Posts |
It looks like it was a nice cameo proof example. Now PR-details due to the scratch. Too bad for such a nice coin.
Agreed with the milkspots - no way to remove them.
Take a look at my other hobby ... http://www.jk-dk.art |
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Pillar of the Community
Australia
2536 Posts |
Thanks for the assessment and commiserations.
Life goes on. I'll look around for another minus the milk spots and damage.
Something that surprises me is the low cost of most US proof coins like these.
It's just harder to find them local in Australia.
The Ox moves slowly, but the Earth is patient.
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Moderator
United States
15457 Posts |
@ttkoo - PM me your Aussie postal mailing address and I'll send you a 1977 USA San Francisco mint proof set in original government packaging - and no milk spots! It contains a cent, nickel, dime, quarter, half and Ike dollar. Most with some nice cameo surfaces on them. It will be another thank you for the lovely Aussie half you sent to me.  Take a look at my other hobby ... http://www.jk-dk.art |
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Moderator
United States
56855 Posts |
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Pillar of the Community
Australia
2536 Posts |
@nickelsearcher That is a very generous gesture. I'd be delighted to accept. Thanks so much!  PM sent The Ox moves slowly, but the Earth is patient.
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Moderator
United States
15457 Posts |
PM received. I'll package it over the weekend. I snapped a quick photo so you can see what is coming your way:  |
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Bedrock of the Community
Australia
21788 Posts |
Most of the value now gone.
Impaired PR67, details scratched.
Unsightly milk splotch toning doesn't help, either.
After all of that, still a very collectible coin.
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Bedrock of the Community
United States
19173 Posts |
A nice segue to a better outcome.
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Pillar of the Community
Australia
2536 Posts |
That set looks fantastic, thanks again nickelsearcher. I'm really looking forward to it arriving down here.  The Ox moves slowly, but the Earth is patient.
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Moderator
United States
15457 Posts |
Mailed it yesterday International First Class - so it's traveling to Down Under. I promise no staple gouges with this one. Keep an eye out for it. |
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Pillar of the Community
Australia
2536 Posts |
The Ox moves slowly, but the Earth is patient.
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Bedrock of the Community
 United States
18680 Posts |
nice gesture nickelsearcher Quote:
Something that surprises me is the low cost of most US proof coins like these. im not an expert in proof sets but this is just my opinion on this subject the US market, for the most part, drives the prices of proof sets. when I was younger I thought, oh these are pretty and will increase in value so I starting buying every year after that. not a wise decision. I ended up selling almost all of them for the price I paid decades prior. demand is king and there really isn't much demand for these other can non-collectors that think they are pretty and give them as gifts thinking they will increase in value. its a shot in the dark to buy one that increases significantly. the modern ones that do have some type of error are the ones that increase the most like the 1968-S Proof Set, No S set or some of the specialty sets minted. silver proof sets are going to do better especially prior to 1957 due to low mintage and many were broken up to sell individual coins. |
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Replies: 18 / Views: 2,352 |
Posted 01/12/2023 8:54 pm
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