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Cleaned Or Not Cleaned ?

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Canacoins's Avatar
Canada
955 Posts
 Posted 03/30/2015  10:44 pm Show Profile   Bookmark this topic Add Canacoins to your friends list Get a Link to this Message Number of Subscribers
Can anyone help me to determine if any of these
coins has been cleaned . I'm not much of a world
coin collector and probably going to to sell.

Thanks!


Cleaned-Or-Not-Cleaned-?

Cleaned-Or-Not-Cleaned-?
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lambecolin's Avatar
Canada
618 Posts
 Posted 03/30/2015  10:49 pm  Show Profile   Bookmark this reply Add lambecolin to your friends list Get a Link to this Reply
Yes---all cleaned---95% of all coins are cleaned---but thats ok as long as they are not harshly cleaned or harshly dipped.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 03/31/2015  12:15 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
With these coins,
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NumisRob's Avatar
United Kingdom
17956 Posts
 Posted 03/31/2015  03:59 am  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply
To me the British Edward VII penny looks just as if it came out of circulation in 1971 - these coins were often toned to a black colour with the higher points getting buffed to a more bronze colour from continuous circulation. That penny doesn't scream to me as being cleaned.
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999fine's Avatar
United States
1346 Posts
 Posted 03/31/2015  04:35 am  Show Profile   Bookmark this reply Add 999fine to your friends list Get a Link to this Reply
lambecolin - 90%? That seems like a harsh number. How do you figure that? I do get too many cleaned foreign coins, just rejected a British shilling yesterday. Harshly buffed. How can you and others tell that these are cleaned from the pics?
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swamperbob's Avatar
United States
5362 Posts
 Posted 03/31/2015  11:13 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
Cleaned is an overused term and it is making too big an impact on values the market place. There are different levels of cleaning yet all kinds of cleaning are treated the same way by investors. This leaves many coins with super eye appeal getting by-passed. That is a great area for cherry picking of non-graded coins.

At one time a coin that was Very Fine was defined (in the US anyway) as having almost no mint LUSTER remaining. How may I ask can anyone say a VF coin has been "cleaned" if all the original surfaces are missing as a result of abrasion caused by normal circulation? Deep toning on low grade coins can be recovered by using the correct chemical agents. WHY net grade any coin under EF or AU? What is the point except to inflate values artificially.

I know of many cleaned "doctored" coins that have been encapsulated as MS by TPGs. That is the joke that TPG services have become in the last few years. I would not have believed it had I not seen an actual coin doctor at work and then saw his results after grading. In one case I saw a corroded Lincoln Cent with a green encrusted verdegris layer at the rim caused by a very bad holder which was treated by a rather simple method and received an MS 63 grade from NGC. The coin had been bought as a low VF but after treatment the same coin was encapsulated as MS 63. I saw it happen. The worst part of this case is that the dealer paid under $300 for the coin and sold it for nearly $3,000. The coin was a 1955 double hubbed die. The margin is OBSCENE and is actually fraud.

The same fellow also did a "great job" on an AU US $20 gold coin with horrible dark streaky toning. I saw the coin and I would have graded it as AU50 possibly 53. After I saw it the dealer used regular dip (the blue kind) that he had watered down and had added a second chemical to reduce the effect of the acid. It worked like a charm and the coin received an MS 65 grade. I was able to match dings on the cheek - I am sure it was the identical coin.

This guy like so many others I have met in my lifelong pursuit of forgery and fraud do not see themselves as criminals. They usually hide behind the aphorism of let the buyer beware.

We need to learn how these frauds are performed before we can avoid them or teach others to avoid them.



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Canacoins's Avatar
Canada
955 Posts
 Posted 04/01/2015  10:31 pm  Show Profile   Bookmark this reply Add Canacoins to your friends list Get a Link to this Reply
So Swamper,although you really did'nt answer the question directly you make a good point,and one that I generally agree with.
Why should cleaning a coin have such a negative impact on its value? Almost everything else that is sold is at one time cleaned.be it a new product or used. Even the great masterpieces in museums are cleaned.
Now,altering,repairing or "shining" a coin? no, should'nt happen.Taking a little grime or dirt off ? Should not be a issue
The responses before you, I agree. I think three have been cleaned.
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swamperbob's Avatar
United States
5362 Posts
 Posted 04/01/2015  11:27 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
The direct reply is that I believe all of the coins have been cleaned in some fashion. Silver coins if left alone will always darken and I don't see the toning I should so the surfaces and any toning has been removed.

Wear or cleaning, as now defined by the TPGs, is the same thing. That is the error you seem to be pointing out.

I agree that altered coins should be identified. Grinding, polishing, tooling fields, filling holes, removing stains are all damaging and should be noted when grading. Cleaning should NOT prevent grading.



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Rdwarrior's Avatar
United States
266 Posts
 Posted 04/02/2015  09:41 am  Show Profile   Bookmark this reply Add Rdwarrior to your friends list Get a Link to this Reply
None of the coins above are silver, the French one is aluminum, while the Belgian ones are nickle. So no toning should be there.
From those pics I could see no evidence of cleaning. But to tell for sure you would have to see them in person.

Correction, the French one is also nickle.
Edited by Rdwarrior
04/02/2015 09:44 am
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Canacoins's Avatar
Canada
955 Posts
 Posted 04/02/2015  11:43 pm  Show Profile   Bookmark this reply Add Canacoins to your friends list Get a Link to this Reply
" Rdw" is right. none are silver, Swamper,did I read that correctly? wear and cleaning are determined to be the
same by TPG's ?
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swamperbob's Avatar
United States
5362 Posts
 Posted 04/03/2015  12:19 am  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
Canacoins Based on the coins that I have personally observe that have been labeled as being "cleaned" by the TPGs; I am stating that wear is in many cases not properly distinguished from minimal cleaning in their view.

I have also observed dozens of coins that I know were doctored and/or cleaned that have received MS grades.

It is the TPG criteria that is WRONG.

They treat all parallel fine hairline scratches as if they were caused by cleaning while they miss actual acid cleaned coins all the time. They also miss oil aged treatments that re-tone coins especially copper so they will grade.

In the case of PCGS in particular they take normal wear and call it cleaning in far too many cases. It is like they are little dictators or small minded cops like Barney Fife who sit there enforcing the rules. Even when they alone make the rules. They are like petty bureaucrats that issue licenses puffed upo with their own power and doing no one any real good.

How do you prove that or even dispute that. They take beautiful coins and label then cleaned destroying value. You can resubmit at an extra cost and often the second or third submission gets by. This is a racket people. Wake up and follow the dollars.

How does a Fine or low grade VF coin warrant a label "cleaned"? The surfaces are all impared by wear or cleaning. So just say it is a F or VF coin. There are no original surfaces so unless the surface has damage that rises to the level of scratches what is the difference?

The allowance made for pre-strike planchet defects like file marks (adjustment marks) are a more serious defect in eye appeal that most well done cleaning. I object to the use of the Sheldon method of grading dependent on surface preservation and to the loss of EYE appeal as a grading standard.

That is the problem with this ONEROUS system. The only coins that should be labeled as cleaned are the IMPROPERLY cleaned examples with OBVIOUS IMPAIRMENT OF LUSTER or deep scratches. I am saying the rules now in place are WRONG.

Eye appeal is worth far more than the stupidity that PCGS has foisted off on collectors. A beautiful EF or AU coin evenly toned is a far more beautiful coin than an MS 60 piece of junk that is bag marked to death with bad streaky toning. The 70 point scale does not say so and who has ever seen a pricing guideline that reflects my point of view.

We need to junk the present system of grading. The best way is to refuse to purchase this junk and to crack out all coins we own.

Release the prisoners from their plastic coffins.
Valued Member
GEKO's Avatar
United States
136 Posts
 Posted 04/03/2015  2:02 pm  Show Profile   Bookmark this reply Add GEKO to your friends list Get a Link to this Reply
Bob that where some very nice posts.

I have seen some very appealing coins graded XF details that looked so much better than some numberical graded specimens in AU or even lower MS grades
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paxbrit's Avatar
United States
992 Posts
 Posted 04/03/2015  10:37 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
The coins don't look cleaned to me, just nice collectible specimens. Good luck with your sale. Don't expect much, though.

I couldn't agree with Bob more. The entire MS60-70 system needs scrapped and replaced with three grades, UNC, UNC-BU, and Gem BU. I'm sick of walking into shops and seeing coins in holders labeled MS63+ and MS65, with no TPD grading, just the dealers sayso, all priced accordingly, of course. I'm no grading expert, but seems to be a lot of MS60 and MS61 coins being touted as three or four grades higher. Not to mention the AU-58s that seem to have never seen circulation.

If you lament young people being absent from collecting coins, the grading system and market is a big reason for their absence, it's not just the video games and smartphones.
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Canacoins's Avatar
Canada
955 Posts
 Posted 04/04/2015  02:02 am  Show Profile   Bookmark this reply Add Canacoins to your friends list Get a Link to this Reply
Thank you all. Very interesting and thought provoking posts.
Swamper , I think you hit the nail squarely on the head and could not agree with you more.Also I agree with Paxbrit about young collectors,they (I also) would be discouraged and maybe a little confused with the whole thing.
I am now a little leary of selling these at all,except maybe the penny and French franc.

"hey Gramps , look at this cool old coin , what is it?" is probably the most fulfilling grading system
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thq's Avatar
United States
3343 Posts
 Posted 04/04/2015  08:26 am  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
The only coffin I ever cracked was on an AG3 half eagle I wanted to use for a pocket coin.

Cleaning coins didn't matter much until slabbing started. They were just coins that people had used or abused, which got shoved into Whitman folders by grimy fingers. In the less coin-centric, slab-happy parts of the planet cleaning doesn't matter. For these coins I don't think it matters at all. They're not worth enough to justify slabbing.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
New Member
Australia
17 Posts
 Posted 04/12/2015  4:05 pm  Show Profile   Bookmark this reply Add plusultra76 to your friends list Get a Link to this Reply
Good discussion.

Thanks swamperbob for making a great point in this thread. It takes a lot of learning and experience to become capable of spotting all the condition problems, sadly slabbing in some ways did discouraged collectors from learning and getting self-trained.

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