Damage Affecting Value - Coin Community Forum

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Author	Replies: 4 / Views: 1,114
jdbooth Valued Member United States 236 Posts	Posted 05/20/2012 7:22 pm I know that with a Genuine/damaged and or cleaned PCGS coin, it loses about 50% of its graded value. Is it the same with raw coins? Does it depend on the degree of damage. Report this Post to the Staff

trout1105 Pillar of the Community Australia 7096 Posts	Posted 05/20/2012 7:59 pm Short answer, Yes Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21788 Posts	Posted 05/20/2012 8:00 pm Depends on the amount of damage, and what the buyer is prepared to pay. There is no set rule, but if the damage is VERY minor, a buyer would perhaps pay 50% of the equivalent price. If the damage is great, the coin would be reduced to metal value only, unless very rare. Report this Post to the Staff
acloco Pillar of the Community United States 3540 Posts	Posted 05/20/2012 8:21 pm I don't buy damaged coins. The damage will always be there. IF the coin is priced at 10 or 20 percent, then I would, just to have as a hole filler....otherwise, I pass. I did purchase damaged coins in the past, but no more. Report this Post to the Staff
jdbooth Valued Member United States 236 Posts	Posted 05/20/2012 8:36 pm Damaged coins that I buy, like you said, are to fill holes. The only exceptions are for coins like my PCGS Genuine PR 1856 FE which was an XF+ grade and sold for an AG price. Report this Post to the Staff
	Replies: 4 / Views: 1,114

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