Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Vancouvers #1 Coin and Paper Money Dealer Shop for APMEX Bullion on eBay!Coin, Banknote and Medal Collectors's Online Mall Join Thousands of Coin, Bullion, & Money Collectors Specializing in Modern Numismatics 300,000 items to help build your collection!








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

How Bad Does Nic-A-Date Hurt The Value?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 22 / Views: 12,622Next Topic
Page: of 2
Valued Member
Voshus007's Avatar
United States
442 Posts
 Posted 06/04/2013  4:54 pm Show Profile   Bookmark this topic Add Voshus007 to your friends list Get a Link to this Message Number of Subscribers
I just got a 1913-s type 2 Buffalo nickel from my coin shop that they used nic-a-date on and I'm just wondering how much it hurts the value? Thanks everybody
Pillar of the Community
buddy16cat's Avatar
United States
1536 Posts
 Posted 06/04/2013  5:17 pm  Show Profile   Bookmark this reply Add buddy16cat to your friends list Get a Link to this Reply
I heard they are worth 10-20% of the original value. I have a 1914-S and 1918-D and I can't even sell them at that.
Valued Member
United States
68 Posts
 Posted 06/04/2013  5:43 pm  Show Profile   Bookmark this reply Add new2coins69 to your friends list Get a Link to this Reply
I would think for key dates people would want it detail free.
Bedrock of the Community
Learn More...
panzaldi's Avatar
United States
18662 Posts
 Posted 06/04/2013  6:08 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
tough sell. personally I think its cool you find out what the date is on a coin that has none, however, I agree that its value is pretty much nil and a collector would not purchase it. use it for a hole filler until a better example comes around.
Bedrock of the Community
biokemist6's Avatar
United States
12437 Posts
 Posted 06/04/2013  6:26 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Nic-A-Date usage does not necessarily devalue the coin, that already occurred when the date wore off. Think about it- what is a dateless Buffalo worth, 10-20 cents? I would argue that using Nic-A-Date adds a little bit of value to an otherwise devalued coin. With that said, buddy16cat pretty much nailed it with 10-20% of the value of a problem-free example but that really only applies to the toughest key and semi-key dates with the more common dates relegated to hole filler status.
Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 06/05/2013  09:29 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
I would also agree with Buddy16cat 10 - 20% of the value of a problem free. And personally I would value a nic-a-dated coin less than that of a vinegared coin. The vinegared coin has a more pleasing even appearance, has a little more detail brought out, and doesn't have that ugly Blotch in the date area that the Nic-a-dated coin does.
Valued Member
bkprewitt's Avatar
United States
157 Posts
 Posted 06/05/2013  12:18 pm  Show Profile   Bookmark this reply Add bkprewitt to your friends list Get a Link to this Reply
10% sounds about right. I once filled the 1918/7 hole with a date-restored nickel, and got it for about 10% of the Numismedia value at G4.
Pillar of the Community
United States
5207 Posts
 Posted 06/05/2013  10:59 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list Get a Link to this Reply
Not as much as a 20 cent junk bin dateless nickel (unless it is a type 1 or other date identified by die characteristics in which case you should leave it alone)
Pillar of the Community
murty's Avatar
United States
1353 Posts
 Posted 06/07/2013  12:33 am  Show Profile   Bookmark this reply Add murty to your friends list Get a Link to this Reply
bkprewitt----I also have 1918/7 with a date-restored nickel....If you don't mind what did you receive....Thanks
Pillar of the Community
spaceace's Avatar
United States
797 Posts
 Posted 06/07/2013  09:18 am  Show Profile   Bookmark this reply Add spaceace to your friends list Get a Link to this Reply
I have used some acid dated nickels to fill key date holes in my buffalo set until I can upgrade them. It keeps the set "complete" in my album and I may eventually upgrade those spots, but I do like having something to fill the hole. I think I paid 15-20% of what the coin would have been worth it if was not aciud treated. I think the value can vary widely though.
Pillar of the Community
buddy16cat's Avatar
United States
1536 Posts
 Posted 06/07/2013  4:32 pm  Show Profile   Bookmark this reply Add buddy16cat to your friends list Get a Link to this Reply
I have a 1913 type I with no date I found in a roll. Can't beat that price even though it is very worn and has no date.
Valued Member
bkprewitt's Avatar
United States
157 Posts
 Posted 06/08/2013  09:36 am  Show Profile   Bookmark this reply Add bkprewitt to your friends list Get a Link to this Reply
Murty- I don't quite understand what you're asking me.
Valued Member
United States
68 Posts
 Posted 06/08/2013  12:37 pm  Show Profile   Bookmark this reply Add new2coins69 to your friends list Get a Link to this Reply
I dont want to speak for him but I think he was asking what it cost you
Valued Member
bkprewitt's Avatar
United States
157 Posts
 Posted 06/08/2013  4:33 pm  Show Profile   Bookmark this reply Add bkprewitt to your friends list Get a Link to this Reply
$110-ish, as I recall.
Pillar of the Community
Ben's Avatar
United Kingdom
4208 Posts
 Posted 06/08/2013  4:36 pm  Show Profile   Bookmark this reply Add Ben to your friends list Get a Link to this Reply
It increases the value. A worthless, dateless nickel became a dated nickel. I personally dont care if its nick-a-dated or not/
Pillar of the Community
hesgut's Avatar
1028 Posts
 Posted 06/09/2013  4:13 pm  Show Profile   Bookmark this reply Add hesgut to your friends list Get a Link to this Reply
Here is my take. It is strictly my opinion, yet based on seeing many many examples sell on ebay. I will give a varied answer as not all restored coins are created equal by any means.

For strictly acid-date coins;
poor detail and major color distraction with residual chemicals still eating away at the coin; basically useless
.....you'd be surprised at how many people just restore coins so very badly
poor detail or major color issues, but not both; about 10% of G-4 value
decent detail and well taken care of; about 20% of G-4

For full coin restorations;
if coin surface and detail is fairly compromised; about 15% - 25% of G-4
if coin surface and detail is good; anywhere from 30% - 75% of G-4

For hybrid restorations;
if coin shows off color and/or weak detail; about 20% of G-4
if coin looks almost exactly like original anywhere from 30% - 75% of G-4.

For really good hybrid or full-coin restorations; sometimes buyers will even pay much higher, occasionally exceeding G-4 or even VG-8 original prices, but this may be due more to those buyers not realizing the coin has been restored as it looks strong and "original" enough. Also, so many buyers never read item descriptions that say the coin has been restored.
  Previous TopicReplies: 22 / Views: 12,622Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.32 seconds to rattle this change. Forums