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 Replies: 12 / Views: 2,056 |
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Pillar of the Community
United States
723 Posts |
I have a Washington quarter that may have been dipped a few years back. Or then again, maybe not. Hard to say, it looks fine to me, but maybe missing a hit of cartwheel . . . . . Are there differences in the top graders as to how strict or lenient they might be in regards to cleaning? In other words, who should I send it to to give me the best shot at a "no problem" designation and a grade? Upper tier. Any thoughts? Jon Edited by Jon K
11/13/2011 9:41 pm
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Pillar of the Community
United States
1547 Posts |
Jon, that's virtually impossible to answer, except in a very generalized way, that likely isn't going to help you out very much. Why is it you feel you need the coin slabbed? Let's start there. If you just need it graded and/or analyzed for potential problems, get up the pics, we'll do that...for free.  |
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Pillar of the Community
United States
7629 Posts |
There are as many ways to answer this as there are coins to answer it with, but a general statement that works most of the time:
If the coin is altered in any way and they can tell it's altered...it will not grade. This includes minor etching from acids and solvents that dull or remove original surface off the coin.
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Valued Member
United States
118 Posts |
Agreed this question is impossible to answer.But most coins that TPG's see have been dipped. "Classic Coins" |
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Pillar of the Community
United States
2661 Posts |
With the garbage I have seen coming out of PCGS lately, I would say send it to them. Don't send it to NGC or ANACS, they will assign a details grade if there is any hint of cleaning.
Edited by Tim Stroud
11/13/2011 09:56 am
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Pillar of the Community
 United States
723 Posts |
OK, take a gander at a likely suspect. http://i759.photobucket.com/albums/...D/1940-D.jpg http://i759.photobucket.com/albums/...940-DRev.jpg Jay (taking a shot), that is part of what prompted the question. The prevailing opinion out there seems to be that ALL bright silver coins have been dipped at some time. I do not necessarily agree, but do not see enough coins to really have an opinion. Tim, that is indeed the sort of answer I was looking for. Anyone disagree with Tim? Oh, and I do have that little voice in my head that tells me that I want to know if the coin has been cleaned, but it is somewhat overshadowed by the little voice that says "I want a good grade." Jon Edited by Jon K
11/13/2011 12:39 pm
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Pillar of the Community
United States
723 Posts |
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Pillar of the Community
United States
1302 Posts |
Here's what I think, and you may not like it.
If you have a coin that you really aren't sure about- send it in. You win either way. If it turns out that the coin is clear and fine and grades out at MS-65 or MS-66 (being optimistic here based on your photo) then that's awesome. If it comes back as improperly cleaned then, in some ways, that's even better.
Why? Because now you have a bright shining example of a cleaned coin. You have tangible proof. An example you can study and study and study until you know immediately when you look at another coin that it has been cleaned.
If every collector had examples of what to avoid- they'd avoid the many traps of this hobby.
A $15 lesson is cheap compared to what potentially awaits if you are ignorant about the tricks shady dealers will use to rip you off.
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Pillar of the Community
United States
723 Posts |
Thank you cc for the considered reply. Sounds like wisdom.
I do not see how the coin could go over 64 with those marks in the obverse fields though . . .
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Valued Member
United States
110 Posts |
Do you know any history as to where the coin came from? Roll of quarters, maybe. You are right about the dings. I think a low MS grade. Hard to tell from the pics if the dings are bag dings or circulation dings.
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Valued Member
United States
265 Posts |
I don't believe it has been dipped. Although people clean and dip coins for whatever reason it is usually to get a bigger premium. Yes, the prevailing wisdom is that the a very "old" silver coin should not be blast white . However there is really nothing special as far as significant rarity with a 1940 quarter and I would not see a reason to dip it. in ms62-63 it is probably a 20-25 dollar coin if you wanted to pay retail. Someone can look up the specifics on it. I don't know where you are located, but I would find a decent coin show near you. You can look up the schedules of attendance Of where the Big TPG's will be by looking at their specific web sites. I have saved alot of money by doing that. I live in the Tampa Bay area where ICG is located and NGC is located in Sarasota about a 2 hr drive from my house, but these guys do shows all over thecountry. When they show up at these smaller shows, they virtually give you a free consultation. As an example, I brought 10 coins to a small show in Brooksville, Fl just last week, hoping I would get all 10 graded witout details, well for whatever reason only 5 were worthy . so I have those examples and saved money as well with getting a little knowledge from Skip Fazzari a senior grader at ICG. Hope that helps. |
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Pillar of the Community
United States
723 Posts |
Good points all.
DOM, these early Washingtons are very often underestimated. I just yesterday bid over $200 for a similar '40-d in MS64 and did not get it. The MS65s go for well over $300.
And just try to get your hands on a '36-d . . . . .
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Valued Member
United States
265 Posts |
I understood your point. From your coin, it there were no issues, I would grade it as a 62-63. As with any series you are going to pay for condition and rarity. If your quarter has a shot at 65-66, absolutely look into it. I am clearly no expert as you can see from my previous post, I had 10 coins which brought, I knew 2 of them would be problem coins, it ended up being 5 coins, for issues I would not have considered being minor corrosion or pvc I did not pick up on tone etc. Per my previous post, I misquoted, I thought your coin was a '40-p. I looked up your '40-d quarter as ms62-63 and it would go for $120-163. However from ms65-66, it jumps from $313-425 in numismedia price lists. Even moreso.Find a coin show where some of the Big TPG's will be, and ask them it would be worth your time. Again hopr that helps.....also have a Happy Thanksgiving |
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Replies: 12 / Views: 2,056 |
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Posted 11/13/2011 09:12 am
