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 Replies: 8 / Views: 2,208 |
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New Member
Canada
10 Posts |
Hello CCF, Yesterday I bought silver coins for the first time, Maple Leafs and an Austrian Philharmonic. When I got home I had a closer look at the coins and noticed that the Philharmonic has very straight scratches along the entire side of the coin, I took a picture:  I wanted to know, is this normal and does this affect the value of the coin? The guy working at the store was very careful with taking the coin out of the tube so I don't where it could have even happened. The scratches look too straight anyway to have happened from being handled poorly. I also noticed that one of the maple leafs I got, which was on display and must have come from the top of a tube, had no scratches on it that I could see. While the other, which came from about the middle of the tube did, it had tiny scratches along the edge of both sides, which I assume happened from contact with other coins when coins were being taken out of the tube. I was wondering again if this will affect the value of the coin, although it seems inevitable if the coins are going to move around against each other when they are being taken out. Thanks for any help in advance. |
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Valued Member
United Kingdom
183 Posts |
bullion is valued mostly at metal value.
HH
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Valued Member
South Africa
67 Posts |
I bought one philharmonic for one of my friends but I did not have those scraches
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Pillar of the Community
United States
2543 Posts |
 to the community. While bullion can be stunning and very beautiful in it's design and minting quality, it is still just bullion and only worth the silver content. While bullion can be MS70, it is not generally minted or handled with the care that collector coins are. Since it is generally only worth spot silver tiny scratches will not affect it's value. |
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Valued Member
United States
269 Posts |
 if your getting coins out of a tube, dont expect them to be "perfect" As said, you can get high graded Bullion but you will be paying more for it. |
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Pillar of the Community
United States
1454 Posts |
If I were buying two similarly priced ASEs on ebay, for instance, I would certainly purchase the one with less miles on the odometer, so to speak. I'm a little odd in that way. I put almost all my bullion in Ait-tites to maintain its original condition, or as much as is possible. So yes, to an extent, and according to whom you plan on unloading the coin, the condition of the coin "could" be adjusted down by more discerning buyers (read: irritatingly particular). Unless the coin is nearly perfect, and getting them from a tube probably precludes that, no worries. Sale prices won't be affected that much at all. As you probably already know, it's only when one starts buying limited run proofs that condition plays a much more prominent role. |
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Pillar of the Community
United States
3789 Posts |
while these coins that are being made are beautiful..... they are still bullion coins. Even tho sometimes they gain a semi-numis or numismatic value for their beauty and limited runs, they all suffer from production problems.
These coins are not made in the same form as say proof coins or uncirculated collector coins.
So you have to accept a certain form of should I say, "lack of perfection" from these coins. First and foremost they are being made with the thought that they are tied to the spot price of the metals they were made of, in this case silver.
I would not buy slabbed coins that are bullion if you were investing as you will not get out of them what you put in. Just keep collecting the bullion coins but keep in mind they never will ever be perfect.
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Pillar of the Community
Canada
2805 Posts |
By your picture, I think these are normal.
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Pillar of the Community
Canada
3692 Posts |
That´s just the way they blank out the rounds for Philharmonics. Maples have milkspots, Philharmonics have rough edges without reeding. Being that they are thick coins you do need tough machinery to do this.
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Replies: 8 / Views: 2,208 |
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Posted 04/25/2014 12:52 pm
