| Author |
Replies: 26 / Views: 2,243 |
|
|
|
Valued Member
United States
161 Posts |
Just my opinion...those spots on the obverse look like residue from whatever holder the coin was in when it was in the fire...some kind of plastic or mylar residue.
Acetone may dissolve it. But then I guess you would be committed to keeping it.
Steve
|
|
Pillar of the Community
United States
936 Posts |
I agree, if you soaked it, it may come clean. Depending what grade you paid for it may be a good deal, if you paid MS63 Red prices then I would definitely take it back.
|
|
Pillar of the Community
United States
3234 Posts |
I'd definitely return it. It has very little value and reselling it would be very tough unless you practically give it away..
|
|
Pillar of the Community
United States
7123 Posts |
Thad
First let me say that only you can determine if you got ripped on this coin .
My opinions are from my own Ideas of what the coins I buy for my collection have as attributes and or detraction's which are acceptable or unacceptable.
One thing I would like to point out is that Mint State is an indication of the overall quality of a coin ,, a coin displaying the damage that this one has IMO cannot be called mint state regardless of the detail which may be retained under that damage .
For the dealer to sell the coin at G-4 prices (also my opinion) is a bit liberal for a coin that has been burned in a fire ,, it retains very little of the original color ,, the silver color is a very good indication that it has been subjected to extreme heat ,, the black that is on the coin even if it could be removed would leave you with a discolored cleaned coin which would only exacerbate the damage that is already on the coin .
Metalman
|
|
Pillar of the Community
United States
1283 Posts |
As a qualifier to what Metalman said, "Mint State" coins with problems don't get called "Mint State Details". Instead they say "UNC Details". At least, I'm pretty sure that's how it works.
|
|
Bedrock of the Community
United States
20753 Posts |
BadThad: Regardless of anything I suggest you give that one back to the seller. You can do a lot, lot better on that coin in very high grades due to the amount available. If you look at most price guides you would notice that although a low mintage, also low prices due to how common it is in high grades. Just a suggestion.
|
|
Bedrock of the Community
 United States
19949 Posts |
|
|
Pillar of the Community
United States
2443 Posts |
I like the look of the coin. I'm not sure how much you paid for it, but I do believe there is a mark for this coin. I think if you were to put this up on ebay, you might get anywhere from 70-100 dollars. Who knows. Check some of the completed auctions. If I were you, try sending it to NCG?
|
|
Bedrock of the Community
 United States
19949 Posts |
I paid $95 for it. Don't think I'm going to mess with it, it's a lot easier to take it back to the local shop. Wonder if NCS could do anything with it? Hummmmmmmm
|
|
Pillar of the Community
United States
2443 Posts |
quote: Wonder if NCS could do anything with it? Hummmmmmmm
I was in contact with someone from NCS about a coin that I might send to them. Anyways, I hope you don't mind but I asked if there was anything they could do with your coin. This is what they said: quote: As for the 1931 S, we probably would not be able to help that coin. It looks like the fire was hot enough to alter the surface metal causing that "oil slick" look to the surface.
Personally, I like the look of your Lincoln.
|
|
Bedrock of the Community
 United States
19949 Posts |
I returned the coin Amazon, then I took that money and used it to buy some Lincoln's I really needed. I already had a 31S anyway, it was an impluse buy. Glad I returned it, seems I could have bought a much finer 31S for just $30-40 more. Thanks for asking NCS thought! I could always go back and see if they still have it.
Edited by BadThad 10/22/2007 12:24 am
|
| |
Replies: 26 / Views: 2,243 |