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 Replies: 17 / Views: 3,321 |
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Valued Member
United States
157 Posts |
Recently won this on ebay... http://www.ebay.com/itm/38039199260....m1439.l2649All in all, think I got a good deal. The 10 40% silver Ikes are alone worth about $90 the the remaining cupronickel clads have a face value of $16, meaning I bought around $105 for $56. I bought hoping to upgrade my personal collection and sell the rest. Problem is, all coins are fairly problematic, every one has green substance on high points of coins and rims, either PVC damage or verdigris from the album the coins have been stored in. Many coins also have cloudy stuff on it. The green stuff and cloudy stuff is actually somewhat liquid-y. Some of it transferred from a coin to the album page when I removed coin from page. So, I think I'll probably try to separate silver from the rest and sell separately on ebay, hoping to get near melt on the silver coins and a premium on the cupronickels. Thoughts? Also, wondering if there's any safe way to attempt to remove the green stuff or cloudy stuff. Thanks, Brian |
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Pillar of the Community
917 Posts |
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Valued Member
United States
109 Posts |
I think you did well. That album is probably worth another $15-20 on its own. And although some coins don't look perfect, some look pretty nice (from those pictures at least).
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Pillar of the Community
United States
3540 Posts |
Acetone will be your new best friend.
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Valued Member
United States
286 Posts |
I would say from a dollar and cents perspective you did well, you could always sell them in a pinch and get more back for them then you paid.
I am sorry but am curious, what does the acetone do?
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Pillar of the Community
917 Posts |
Acetone will take off the green from PVC. Just soak them in it. Its a way to "clean" them without cleaning them lol
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Pillar of the Community
United States
2602 Posts |
I think you did great- keep the best ones and sell the rest- you ashould come out ahead. I don't think acetone will take off teh green residue- and I also don't think the green is verdigras- its a reaction of teh copper with teh plastic sheets.
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Pillar of the Community
United States
3755 Posts |
I would have snagged that at that price, no doubt. If the acetone doesn't remove the green, try verdi-care. Nice pick up no matter what.
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Moderator
 United States
187862 Posts |
Those Eisenhower dollars are in a Harco album. Since the album cover dating is open-ended (and the pages only go to 1976), it is safe to assume it is an old Harco album, which means it was made with plasticized PVC. That is what is causing the green goo on them.  Regardless, a good deal (if only for bullion value) and I hope you are able to rescue most of them. |
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Pillar of the Community
United States
1151 Posts |
Would any of Badthad's verdicare help?
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Moderator
United States
23522 Posts |
Quote:
Would any of Badthad's verdicare help? Acetone. Verdicare is meant to be mild by design, a finesse product, whereas these coins need serious organic solvent intervention. It's not verdigris. Acetone is the appropriate cure for the problem, if used intelligently. The only downside is the potential for surface damage revealed by what the acetone removes; a couple of these coins look to be seriously affected. Bkprewitt, have a look here: https://goccf.com/t/105744 |
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Valued Member
 United States
157 Posts |
Thanks to all for the feedback. I'm going to try to spend some time this weekend in the garage to see what I can do with acetone. If that doesn't work, I guess I'll be looking to unload hoping to at least break even or make a tiny profit. Even in horrible condition, I figure I at least have a floor equal to melt value of the 40% silver coins, some numismatic value for the clad proofs and the 1973 uncirculated coins, and face value of the remainder.
Before I acquired this item, I had completed the 18-coin BU clad Ike set (including all 1973 types), and picked this up to see if I could upgrade any I have already. Not really into the silver issues or the individual proofs (I collect proof sets, but not individual proofs), but considered expanding the Ike collection to include these if these coins arrived in pretty good shape. We'll see how the cleaning goes.
Again, thanks for the suggestions. Interested to see how it goes.
Regards,
Brian
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Valued Member
United States
297 Posts |
Are all Ike Proofs guaranteed 40% silver?
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Valued Member
United States
109 Posts |
cdgod, No not all Proof Ikes are silver. Infact some uncirculated (for collectors) were silver. The breakdown is as follows with mintage: Uncirculated Eisenhower Silver Dollar Mintages1971-S 6,868,530 1972-S 2,193,056 1973-S 1,883,140 1974-S 1,900,156 1976-S 4,908,319 Proof Eisenhower dollar Mintages1971-S Silver 4,265,234 1972-S Silver 1,811,631 1973-S Clad 2,760,339 1973-S Silver 1,013,646 1974-S Clad 2,612,568 1974-S Silver 1,306,579 1976-S Clad Type 1 2,845,450 1976-S Clad Type 2 4,149,730 1976-S Silver 3,998,621 1977-S 3,251,152 1978-S 3,127,781 |
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Valued Member
United States
109 Posts |
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Bedrock of the Community
United States
17884 Posts |
Quote:
I figure I at least have a floor equal to melt value of the 40% silver coins, some numismatic value for the clad proofs and the 1973 uncirculated coins, and face value of the remainder. If the coins have been in the plasticizer long enough for it to have turned green you may have lost most of the numismatic value of the clad proofs and the 73's. The green color comes from copper compounds resulting from the goo etching the surfaces of the coins. So you may find the surfaces of the proofs permanently hazed. |
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Replies: 17 / Views: 3,321 |
Posted 12/29/2011 4:57 pm
