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 Replies: 12 / Views: 4,032 |
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Pillar of the Community
Canada
2781 Posts |
sorry for the absolutley crappy picture, I do not have the coin in hand yet. generally speaking how does rim damage affect an otherwise beautiful coin?  |
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Pillar of the Community
United States
1374 Posts |
Great question and thanks for the pic! In my experience, rim damage as bad as what is in the photo will very much diminish the value. It could turn a $2000 coin into a $300 coin.
Don't buy coins with rim damage. Problem coins aren't so much a problem until you try to get rid of them!
Edited by Drsandman2
02/19/2012 10:50 am
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Pillar of the Community
 Canada
2781 Posts |
i wouldn't go after it as a single, but it is in a lot with some others that I have more interest in.
one or two coins in the batch will be worth much much more than I paid for all 20 so I consider it 'free'.
i dont collect for profit, sure I've sold some stuff (that doesn't interest me), but that's just to finance the next purchase :)
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Bedrock of the Community
Canada
10743 Posts |
Hi, Wade, if the rim has a piece off of it like the picture shown, I would say it isn't very collectable.  |
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Pillar of the Community
Canada
2781 Posts |
 "clipped planchet" ? kidding of course! |
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Previously Ousted
Canada
398 Posts |
give me a 1921 5 cent with a piece clipped off it any day..
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Pillar of the Community
 Canada
9865 Posts |
Grade is independent of damage.Value is drastically reduced by damage such as this.  coingirl,your voice is awfully deep for a girl,  |
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Valued Member
Canada
279 Posts |
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Pillar of the Community
Canada
2781 Posts |
DBM,
so you can still retain a high grade but it would be example < MS60 "damaged" >?
i understand the lack of "value", but (to me) there is still some "appeal" when you can count the hairs on the head or jewels in the crown.
i hate to admit it, but I actually like circulated coins. each has a story to tell, I wonder what they were spent on, or what was won/lost on the coin flip etc.
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Pillar of the Community
Canada
1554 Posts |
 If you can help it, stay away from all problem coins: ie:rim dents, cleaned, corrosion, polished, P.V.C. contamination, planchet flaws, pitting, scratches, weak strike, etc. Having coins with said problems only makes it more difficult to look at when viewing them amongst other Members of your Collection. They seem to stand out negatively and rarely sell, when they do, it's only at a fraction to their non-problem counterparts. Whenever I purchase a raw coin on E-bay where scans are questionable/not taken well. I always send the seller an e-mail asking:"Does it appear this coin has any visible problems, in your opinion?". I judge making the purchase by the seller's response! Glenn  |
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Pillar of the Community
Canada
1005 Posts |
I agree glenzy. The problems stand out and take focus away from the positive.
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Pillar of the Community
Canada
2781 Posts |
well I don't go looking for them! but if something unique comes along in a batch of others or in a junk bin it does usually find a place in my collection (even if it is only the back of the box!).
i 'get' that it isn't worth anything, but like I said, I am not in it for the profit.
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Pillar of the Community
Canada
1700 Posts |
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Replies: 12 / Views: 4,032 |
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Posted 02/19/2012 11:00 am
