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Royal Canadian Mint Coin Sets

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New Member
Canada
7 Posts
 Posted 12/10/2023  5:45 pm  Show Profile   Bookmark this reply Add daynash to your friends list Get a Link to this Reply
Ok, I'm back. Seeing as our grandson is only 7, I feel I should learn more about coin collecting to help him should he be interested. My first question, Is it ever ok to clean a coin? I don't mean abrasive cleaners or such.
My wife has a cloth she uses to polish her silver jewelry. If a silver coin has slight tarnish, is it ok to clean with said cloth, or is that a no no?
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Canada
5324 Posts
 Posted 12/10/2023  6:08 pm  Show Profile   Bookmark this reply Add john100 to your friends list Get a Link to this Reply
No
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Canada
5584 Posts
 Posted 12/10/2023  6:39 pm  Show Profile   Bookmark this reply Add okiecoiner to your friends list Get a Link to this Reply
no matter how rough the cloth, even satiny, any rubbing will leave a mark, especially on luster. You can dip a coin if you absolutely have to, but should shy away. I know people who have taken less than MS coins and put in boiling water and then rinsed, but you can sometimes see the work. I adviise everyone to not clean or touch their coins
Edited by okiecoiner
12/10/2023 7:43 pm
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United States
1484 Posts
 Posted 12/10/2023  6:52 pm  Show Profile   Bookmark this reply Add halfamind to your friends list Get a Link to this Reply
Toned/ tarnished silver coins often do not decrease value and are sometimes desirable. They should never be cleaned.
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Canada
1984 Posts
 Posted 12/10/2023  7:23 pm  Show Profile   Bookmark this reply Add Smallcentguy to your friends list Get a Link to this Reply
Daynash...just in case the advice here was at all ambiguous...... DO NOT IN ANY WAY TRY TO CLEAN THESE OR ANY OTHER COINS. An expert in restoration may be able to do this properly. You, in all likelihood, will significantly reduce the value of your coins.
New Member
Canada
49 Posts
 Posted 12/10/2023  10:46 pm  Show Profile   Bookmark this reply Add Handi1 to your friends list Get a Link to this Reply
I'm sure you have a nice new shiny nickle kicking around. Take your cloth to it and then look at it with magnification and see what happens.
I'm only encouraging you to do this inexpensive test so you will never ever clean a coin again.
New Member
Canada
7 Posts
 Posted 12/11/2023  9:33 pm  Show Profile   Bookmark this reply Add daynash to your friends list Get a Link to this Reply
Thanks everyone. I kind of assumed they should not be cleaned, but wanted to be sure.
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unruhjonny's Avatar
Canada
514 Posts
 Posted 02/07/2024  12:29 pm  Show Profile   Bookmark this reply Add unruhjonny to your friends list Get a Link to this Reply
as mentioned - please do not in any way clean your coins.

with rare exceptions, it absolutely DEVALUES the coins.


Quote:
Early sets like the Olympic set are worth very little more than melt value, about $900 for the 28 coin set.


IT might be a bit of a tangent, but I want to comment on that quote;

I have observed that the 1976 Olympic coins have a stronger following, and do actually demand a premium;
I have never bought any because of the premium associated with them.

Conversely, I have found that 1988 Olympic coins can be had at a much better deal, and over the last ten years I have bought two full sets (the ones with the brass(?) token) and the odd single at face value (each coin is a full troy ounce, and has a face value of $20);
Although this may be in part to the fact that I live in Calgary where those Olympics were held...
I personally think the 1988 Olympic coins look nicer - but I am probably biased.
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