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Replies: 8 / Views: 4,022 |
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New Member
United States
31 Posts |
I want to know how a coin without date is graded? and how much does a missing date effect the value of the coin? thanks
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Pillar of the Community
United States
6130 Posts |
I'll let others correct me if I am wrong, but I believe that any coin without a date automatically defaults to "Poor" grade. As for value, we will need to know which coin you are talking about. A dateless Buffalo nickel is worth like 10 cents, while a dateless 1916 Standing Liberty quarter (there are die markers to help identify) is still worth several hundred dollars. Regardless, a coin without a date is probably the least valuable in terms of damaged coins--many dealers refuse to even pay melt.
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Pillar of the Community
Canada
2519 Posts |
I think the dates on Buffalo nickels and type 1 and type 2 SLQs wear down before they reach a "poor" grade. Usually a coin is missing date only when it's very worn. Others have the date unreadable by damage. Either way they are less valuable than coins with readable dates. I'm not familiar with values of Classic US coins, so I'll let someone else more knowledgable to advise you about this.
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Pillar of the Community
United States
5854 Posts |
The value of a dateless coin will depend on whether or not someone can determine the date through other means like unique design features or die variety. Even if a date can be determined, the same coin with a visible date will be more desirable than one without. Otherwise, a dateless coin has very minimal value as a type set hole filler.
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Pillar of the Community
Russian Federation
5174 Posts |
Wonder what happens if the date is cut off by a clip... I've heard of some guy who had an 1964 Kennedy half where the date was clipped away but still identifiable because of the coin being full silver. Don't remember if he ever got it graded, but the story was funny.
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Pillar of the Community
United Kingdom
2133 Posts |
I certainly wouldn't grade a coin Poor just because it has no date or is unreadable - I think that's ridiculous.
I think you should look at the whole coin.
A few weeks ago there was a Victorian Jubilee Head crown, in an auction, covered in punch marks including several that obliterated the last 2 digits.
The crown was AU apart from the punch marks. It fetched £65 + buyers premium, which I felt was too much, though I think it would be worth more than melt.
Of course, it might have been bought by a punch mark collector.
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New Member
 United States
31 Posts |
I am thinking about buying a draped bust half dollar looks vg to f but date is scratched off for 130. Is that a good idea.
Edited by 4321 10/27/2014 09:17 am
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Pillar of the Community
United States
711 Posts |
Without seeing pics of the Draped Bust Half Dollar with the date scratched off like it was a lotto ticket, I would look at it like this. Assuming the coin is real it is worth melt. Not going to look up melt or link to any site for melt value, but I am going to guesstimate that value to be $6.50. I would buy it at melt no problem if real. I can't imagine the seller wants to come off it at melt though. I see what I imagine are similar coins sell on ebay for $40 delivered. Your coin with the date scratched off is worse than that though. If I was trying to be fair and without pics, I might offer $15 - $20 for starters. Can't imagine I would want to go much north of $30. Hope this helps. . . .
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Pillar of the Community
United States
711 Posts |
Didn't notice the $130 when posting.
I think I would pass and get a coin with less / no problems for half that cost.
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Replies: 8 / Views: 4,022 |
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