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 Replies: 55 / Views: 4,595 |
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New Member
United States
38 Posts |
I got some coins at an auction, I wasnt sure of their condition as I am not sure how to spot cleaned coins, they were all in BU condition, some even had some light toning which threw me also, I had some free vouchers for PCGS and sent them off but most came back as cleaned, is there a market for cleaned coins?, I see them on ebay but I am guessing they dont hold much value, I dont really want to keep them as I am a little annoyed that I got stung like this, all opinions welcome The coins I got were Lexington Commemorative 1853 Arrows Liberty Seated dime1926 Sesqui Thanks |
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Rest in Peace
United States
954 Posts |
Not all cleaned coins are bad. There is a market for them depending on the coin itself. Your list didn't appear in your post.
catman
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New Member
 United States
38 Posts |
Thanks for the reply the coins I got were mentioned at the bottom Lexington Commemorative 1853 Arrows Liberty Seated dime1926 Sesqui |
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Rest in Peace
United States
954 Posts |
smcc3573
Believe it or not most coins issued in the 1800's have been cleaned one way or the other. It depends on how professional the cleaning was. The same with the commemorative. Not so many of those have been cleaned but a good portion has I bet.
catman
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Rest in Peace
United States
2684 Posts |
Catman is right. Far and away, too many 19th century coins have been cleaned, particularly the key dates. I was looking at the below auction for an 1889CC Morgan the other day. The coin looked like it had been harshly cleaned with Brillo, I suspect by the seller who was obviously not a coin collector: the coin looked very bright as if freshly polished; and he was holding it in his fingers. (See: http://cgi.ebay.com/ws/eBayISAPI.dl...38267452&rd= look at right top pic; his Feedback score isn't too good, also). However, as evidenced by this auction, cleaned coins, even harshly cleaned WILL sell, especially if they are key dates. They just won't fetch nearly as much as if they were uncleaned. If they were very lightly cleaned many, many years ago, age will sometimes compensate and it may be difficult to determine whether or not a coin has, in fact been cleaned. If there's something wrong with the luster or it doesn't cartwheel quite right, chances are it's been cleaned. ANACS will slab a cleaned or damaged coin and give it a net grade. This will make it more sellable. |
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Pillar of the Community
United States
980 Posts |
quote:
Originally posted by Morgan Fred
ANACS will slab a cleaned or damaged coin and give it a net grade. This will make it more sellable.
Anacs still certifies and authenticates cleaned coins, but no longer assigns a net grade. Ie instead of 1903-s, Uncirc details, cleaned, net au-55, they just note "Uncirc details" and "cleaned". Don |
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Rest in Peace
United States
2684 Posts |
quote:
Originally posted by SFDukie
Anacs still certifies and authenticates cleaned coins, but no longer assigns a net grade. Ie instead of 1903-s, Uncirc details, cleaned, net au-55, they just note "Uncirc details" and "cleaned".
Don
Sheeesh! I go away for a few months in the summer and look what happens. Guess that'll l'arn me to stay put.  I wonder how this will affect ANACS-graded coins' salability. It was always so much easier to sell cleaned coins with a net grade attached. Now, it'll be more subjective and prone to inflated grade guesstimates by the seller. Thanks for the info, Don. |
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Rest in Peace
United States
2884 Posts |
Don, when did ANAC's stop doing the tech and net grades? They still were a few weeks ago as Susan has sent in at least 10-12 coins for me in the last month or so and I got a few terch/net coins back. I did not know they no longer assigned tech/nets to Unc's. Mike  See below from ANACS current FAQ site Q. What does ANACS do about "problem" coins? A. Problem coins are coins with detractions (cleaning, tooling, corrosion, altered surfaces, etc.) severe enough to lower the coin's grade. ANACS will encapsulate these coins, and the label will list the type of problem. The label will also provide a "details" and a "net" grade. The "details" grade reflects the amount of remaining details on the coin, balancing actual wear with remaining sharpness. The "net" grade deducts a given number of grading points from the "details" grade, depending on the severity of the coin's problems. Problem coins graded: ANACS is the only major grading service to grade cleaned, corroded, damaged, repaired, and other problem coins. The details grade reflects the amount of remaining detail on the coin, balancing actual wear with remaining sharpness. The net grade deducts a given number of grading points from the details grade, depending on the severity of the coin's problems. Edited by Mike
09/28/2005 6:57 pm
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New Member
United States
38 Posts |
Thanks everyone for the feedback, as I have already paid for PCGS to tell me they are cleaned I dont really want to throw more money for ANACS to put it in a slab.... which begs the question....will PCGS give me them back in a bodybag or a slab?
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Rest in Peace
United States
2884 Posts |
In a bodybag, sorry! Mike
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Pillar Of The Community
3147 Posts |
Body bag and thats WHY I DON'T do business with PCGS. They get the full amount you sent them for NOTHING!
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Rest in Peace
United States
2884 Posts |
Hear' Hear' Terry.......If you send one in asking for grading and a VAM number and it's been cleaned I wonder if they charge the extra $15.00 for that too? Mike  |
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Forum Mom
 United States
5877 Posts |
Wouldn't surprise me in the least!!  |
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Pillar of the Community
United States
2724 Posts |
quote:
Originally posted by Morgan Fred
I wonder how this will affect ANACS-graded coins' salability.
Already has! This is not the most positive thing that Anacs has done. While I understand the logic, it is "change", and change is not always welcomed with open arms. In the end, I think that this will prove to be a good thing. Too many good coins get beaten because of a cleaning. Edited by national dealer
09/28/2005 3:20 pm
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Rest in Peace
United States
2684 Posts |
quote:
Originally posted by national dealer
quote:
Originally posted by Morgan Fred
I wonder how this will affect ANACS-graded coins' salability.
Already has! This is not the most positive thing that Anacs has done. While I understand the logic, it is "change", and change is not always welcomed with open arms. In the end, I think that this will prove to be a good thing. Too many good coins get beaten because of a cleaning.
ND, while I also understand their logic for changing to a system which is less subjective, I think they're undermining their own business. Many collectors, including myself submit (read now: submitted) coins to ANACS solely because they are (or were) the only upper-tiered TPG service which would assign a net grade to a problem coin, thereby applying a specific standard and setting a specific benchmark (and, by inference, a value) on the coin. Without this net grade, there is no longer a reason to submit to ANACS although at least they will put it in a slab instead of a bodybag. I'm as liberal as they come and welcome change, but only if it's for the better. This latest change is, IMNSHO not for the better and only obfuscates the already-nebulous coin certification process. |
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Rest in Peace
United States
2884 Posts |
I am going to hold my opinion on this change because I think this is the begining of the James Taylor Administrations impact on ANACS. The new ANACS holder is in the works and expanded services in the grading lines are supposed to be in progress. I still think ANACS is the most consistant and accurate service out there. Over the years,for coins that I intended to keep, ANACS was my first choice because I felt they rarely overgraded. I shop for ANACS slabbed coins because with their accurate grading they actually are the best value. Some folks cherry pick ANACS just to re-submit to other TPGS knowing they will pick up a point or two. So far they are still affordable and easy to talk to. I hope those qualities remain. Not offering a second opinion "net grade" on a cleaned coin is not enough for me to abandon them as my favorite TPG!Remember, you still won't get a body bag! Mike Edited by Mike
09/29/2005 12:06 am
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Replies: 55 / Views: 4,595 |
Posted 09/27/2005 12:51 am
