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 Replies: 11 / Views: 1,743 |
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Pillar of the Community
United States
2764 Posts |
I found these 3cents silver pieces and there's a big price difference..... The first one is $150 - "Three ¢ Silver, 1852, 3¢ S, VF30, Old cleaning, since retoned" The second one is $60 - "Three ¢ Silver, 1852, 3¢ S, EF45, Burnished" Now, tell me what's "Burnished" silver Three Cent piece? I can see the second coin priced within the market value; however, why on earth a VF30 coin of the same year that's cleaned and retoned cost 2.5 times as much? Is it me or am I missing something here? Please help........ |
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Pillar of the Community
United States
1934 Posts |
Here's some information relative to coins and burnishing -- although probably not exactly answering the question you asked, it leads me to guess there's a burnishing process for manufactured coins as well as manufacturing coins.
Jim
Process of Burnishing, Polishing, Descaling and Pickling of Coin Blanks
After heat treatment and annealing, burnishing, polishing, descaling and pickling is employed to make the surface of the coin blank brighter, remove any surface scaling or discolouration and in some cases apply a minute amount of lubricant to assist in coining.
This process is carried out in a Vibratory or Centrifugal Finishing Machine that tumbles the coin blanks with a mixture of stainless steel balls and other media like ballcones and special chemicals, which etch and polish and brighten the surface. At times this process is preceded by a run in ceramic media.
After burnishing in stainless steel media, the coin blanks are dried by passing them through a hot air drier or by tumbling them with heated corncob to remove all water marks and to prevent any subsequent tarnishing or atmospheric oxidation. The annealed, burnished and dried blanks are stored ready for coining.
The burnishing operation is also employed after stamping of the coins.
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Bedrock of the Community
United States
14454 Posts |
Burnish usually means to polish if I remember the term correctly. I think I remember the mint burnishing the 2000 Sacagawea's they gave Goodacre for the design on the Obverse and everyone having a fit because the mint had broken a rule against polishing a coin and even remember some TPG's refusing to grade the coins for that reason and even though the coins were submitted to ICG to be authenticated as Goodacre coins they refused to grade them, this practice has since been abandoned and even PCGS will now grade them because they came to the conclusion anything the mint did before their release of the coins was fair game |
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Bedrock of the Community
United States
20753 Posts |
Read what I said about that place on your other post. My point is they are one of the most overpriced dealers you can find. Not sure who is higher or has more poorly graded, cleaned coins them or Littleton. Since that place is in the middle of a very large city they can get lots of tourist hooked, lots of on line purchases, so why worry about good prices or accurate coins.
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Pillar of the Community
United States
6326 Posts |
Just Carl......
HJ Berk and Littleton........agreed.......what are some suggestions from you on where to look for good/fair deals on coins/collectables. via internet or magazine ? I'm looking for some sources
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Bedrock of the Community
United States
20753 Posts |
Just Carl...... HJ Berk and Littleton........agreed.......what are some suggestions from you on where to look for good/fair deals on coins/collectables. via internet or magazine ? I'm looking for some sources Big problem there. I now buy coins from only flea markets, coin shows, garage/yard/estate sales. There have been many requests from people on many coin forums for a list of on line dealers that are reputable. The problem is naturally like buying a car. Ask which is better and you get many different answers. Same would be like asking which person should I marry, what is the best brand of soap, where can I find an honest attorney. One person's good luck does not a great situation make. I myself in the past have done very little on line coin purchases. Mine have all been rather on the not so good side but OK for an on line deal. I've tried vtcoins, jmscoins and millersmint. All OK but nothing to brag about. From many, many people I know, including my son, I would never trust ebay or any on line auctions. I would never trust those so called statistics on ebay as to percentages of happy customers. I know only to well how that is done. So far all I can say is flea markets, coin shows and garage/yard/estate sales. Note, estate sales, not auctions. I think I do fairly well at coin shows, much better at flea markets but for the most fantastic deals, can't beat garage/yard/estate sales. And that is not just for coins. Same with many other things. What would be great though is if the admistrators of coin forums would have a permanent post of reputable on line dealers, it sure would be helpful to many. Each dealer would get a + sign if people say good and an X if someone objects to them. Of course just as with ebay, all it would take is a dealer to have all his relatives and friends send in great comments. |
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Valued Member
United States
83 Posts |
I never like to comment on other dealers pricing... I dont know what they paid for the coins, havent seen the coins in hand, and dont know their expenses....
I will say that with 3c silvers we are one of the largest coin dealers in this type.... Scarsdale Coin and I have a very nice AU58 NGC certified for under $200 bucks.... I have many raw ones as well..... hope I can help!
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Pillar of the Community
United States
812 Posts |
I checked the site and I have a guess. The 1852 Three Cent pieces are priced in the ballpark for grades and problems with the exception of the "$150 - Three ¢ Silver, 1852, 3¢ S, VF30, Old cleaning, since retoned." I believe the pretty rainbow toning on that piece is the reason for the hefty premium. The fact it's due to the previous cleaning is an issue for me, but maybe not to those who prize rainbow toning. |
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Bedrock of the Community
United States
14454 Posts |
I am one who disagrees with just carl, I think HJB is very reasonable on his pricing and his grading has always been right on track with PCGS/NGC grading, if it is cleaned or has any problems they are one of the few dealers that let you know exactly what is wrong with the coin and if they happen to say lightly anything you better have something to magnify the coin to be able to see what they are referring to (and then sometimes it is still hard to see). So I have to say I have and will do business with HJB and don't have any remorse doing so. I don't have a million coin shows I can go to around here (we have 1 every year and thats it, and then I have to drive to the big city near by to get there) so I don't know how they nickel and dime each other there like just carl is used to but as far as online dealers you can never go wrong with HJB in my opinion
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Pillar of the Community
United States
5318 Posts |
quote:
I will say that with 3c silvers we are one of the largest coin dealers in this type.
Coinfest, do you represent Scarsdale Coin? I see they deal primarily in PCGS slabbed coins. Well, on that note, if the happen to have an 1872 around MS60, I might be willing to pay the PCGS price sheet for it. |
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Valued Member
United States
455 Posts |
Quote Bryan1315: "...I think HJB is very reasonable on his pricing and his grading..."  I've bought from them and will buy from them again. |
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Rest in Peace
United States
2884 Posts |
I've said it before and I'll say it again. In my opinion HJB is one of the finest and fairest dealers I have ever done business with. Have you tried contacting them about your complaints and concerns? I think they would be interested in trying to resolve/address any problems you have had. I think comparing them to Littleton is very unfair. They in no way market in the manner that Littleton does and do not prey on the uninformed or new collector. Nor do they use the outrageous price gouging structures that Littleton uses. Most other dealers I know think highly of him as well. Mike  |
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Replies: 11 / Views: 1,743 |
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Posted 12/19/2007 05:12 am
