Cleaned Morgans, Your Opinion On Them

Cleaned coins are not good, but still collected by people that can't afford an uncleaned example either because of the rare date or value in higher grades. Cleaning a coin ruins the numismatic value. If they are silver or gold they will still hold the value of the precious metal though. Most times a cleaned coin will lose 50% to 75% of the numismatic value as long as that value does not go below the precious metal value.

Say you have a common date AU Morgan dollar that has been cleaned. The coin would have been worth $40 in AU condition but since it has been cleaned all of the numismatic value is thrown out of the window and now the coin is only worth it's weight in silver (around $19-$20).

If it were a rare date or rare in higher grades it might not lose as much of the numismatic value, but it would definitely take a hit of at least 25% and likely a lot more to the numismatic value. It all depends on the amount/type of cleaning and the eye appeal of the coin. Sometimes a coin just gets a little wipe to clean off something which leaves some hairline scratches behind, or is over dipped in a coin cleaning solution stripping the natural luster, these types of cleaning are not as serious as coins that have been polished with silver polish which completely ruins the coin to numismatic collectors. All of the above cleaning techniques will be detected by a true numismatic collector or grader. So just don't clean coins. If you have a really rare one that you think needs to be cleaned, have it conserved by NGC.

I hope this helps answer your questions.

Kris

Sometimes a light cleaning can be fixed by pocketing the coin for a while giving it the circulated look. This is only possible with higher grade coins that have been lightly cleaned or over dipped. I would not try it with a high dollar coin for the first try though and I have never done this myself, just heard about it on VAMworld.

I hope you found a sleeper!

Ok guys, got my 1903s last night.

How bad do you think it's been cleaned?

hard to tell from the pic's, but f35 40 or so....in the end
its about the deal you get for the coin...some time ago I bought an 1883-s I think....for about $80 bucks...in a slab...from pgcs....with like
AU55 details..this coin, has not been polished or rubbed or with scratch marks.. its a clean coin...but under there eyes it was cleaned, so I got it at about 30% of the $204 it goes for right now...the real question should be..........HOW it has been cleaned...........and to the value if your collecting, not just HOLE FILLERS but NICE hole fillers....
Many a coin had deep toning.. so when someone dipped it.. there are "Shadows" around all of the lettering... but what it is...is that someone thought if they could make it seem shinyier, it would grade better....Some coins get over di[pped so that they show a YELLOW tint to then in the SUNLIGHT...SO BUYER BEWARE when you are under the gunshow or coin fleemarket with florecent lights.....the lightin is so poor that you can't really see the coins LUSTER which is the key of telling weather a coin has been cleaned to the point of a problem......the trujth is there is not a true 100/150 year old coin that has not tarnished......
but there are accepted, and rejected coins due to the way/ SHALL we say.. as how they have been preserved....
I guess this is the point.in the end....it should look like a nice coin.....either FULL of TRUE TONINIG.....not the microwave stuff...
and it should not have been dipped to the point that the surface luster does not remain and had what is called altered surfaces........this is like a quick crash course on cleaned coins, but I hope it gives you some Idea of what "CLEANED: Means......there is also another factor for coins....."ALTERED SURFACES" you should look into, although its a strictly pin pointed market if "TONED COINS"...the idea is how to fake toning of coins left in the raw open air to give them such color's.....but that's another subject......Hope this helps you with your question
and give's you some insight to the many a hundred years of real and fake....and toned coin's.....have a great day

It's been ill-treated. That sort of toning is_not_right on a circulated coin. They just don't do that naturally. Therefore, somebody stripped the surfaces, probably no more than 5 years ago, and left the coin sitting for this result. All the same, it's a worthy addition (in my opinion) and an ideal candidate for a pocket piece. You could raise interest in Morgans among your acquaintances with this one, and if I owned it that's certainly what I'd do with it.

I think that is a fair description from an honest and knowledgeable seller.