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Replies: 26 / Views: 18,362 |
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Pillar of the Community
United States
1187 Posts |
Sorry for all the LMC "S" posts lately but I guess I have a lot of questions. So I bought some BU rolls on ebay from who I believe to be a legit seller. I got some 69-S and 70-S rolls. The 70-S rolls look really good. Unfortunately some of the coins in the 69-S roll have small black dots on them. Seller claims they came from a mint bag but they apologized and promptly offered a refund if I send them back. I don't think they are being dishonest or trying to rip me off.. seems like an honest mistake. Is this a sign of bad storage or were these just circulated? Others in the roll look OK but here is a sample of what I'm talking about.. 
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Bedrock of the Community
United States
94367 Posts |
This is typical carbon-spotting from improper storage.
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Pillar of the Community
United States
6478 Posts |
 improper storage.
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Pillar of the Community
 United States
1187 Posts |
Bummer. I'll see if they will do some kind of a partial refund and I'll keep them but otherwise Ill have to return them all. I'd say about half the cents I got have the spots. It's odd that the other 70-S rolls I got from the same seller were fine though. They must have got those from somewhere else.
Thanks as always for the quick replies.
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Rest in Peace
United States
18456 Posts |
 This is one of the most aggravating things that can happen to bu Lincoln cents. Its called carbon spots. and once they are there ; theirs nothing you can do about it. if they are mixed in the roll take out the ones without any spots and store them in a separate plastic tube. hopefully those can be saved from the black plague . 
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Bedrock of the Community
United States
19942 Posts |
Yea, this is common, most people store rolls improperly and this is what happens. I've opened many OBW rolls that looked like this.
Back to the point I've been driving home for years - yes, they made billions of Memorial cents, but 98% of them are crap or have become crap, mint sets included.
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Pillar of the Community
 United States
1187 Posts |
What kind of improper storage caused this? Storing in a damp basement?
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Bedrock of the Community
United States
19942 Posts |
What's important is "what can you do to prevent it?". A couple of ziplock bags or anything reasonably airtight may have saved these.
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Rest in Peace
United States
18456 Posts |
Keep your coppers and (all coins) away from extreme hot or cold temperatures . also damp humid storage places. rule of thumb ;;high and dry !
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CCF Sponsor
United States
702 Posts |
Whoa whoa whoa,... nelly.
Calling them carbon spots is a misnomer. They have nothing to do with carbon, this is the manifestation of water droplets from the minting process.
I have a couple graded 65RD by PCGS back when they first came out, so they are sealed and the spots still showed up. My coins are stored in a cooled, dehumidified environment.
It's certainly possible that improper storage accelerated or exacerbated the spotting, but it's my experience they were going to show up one way or another because they were minted poorly.
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New Member
United States
1 Posts |
My kids and I are new to coin collecting. I got some rolls of 2008, 2009 & 2010 pennies to give each of them (and my sons classmates) a set of Lincoln pennies each. I purchased the rolls from ebay and they were described as brilliant uncirculated. When I opened the rolls all of the pennies have black/grey spots. I've been trying to do some research and see that this is natural, but I am unclear as to if these are still considered brilliant uncirculated. Can someone please let me know? I'd really appreciate it.
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Pillar of the Community
United States
1913 Posts |
When you buy a roll of uncirculated coins, you're hoping that someone hasn't gone through them and cherry picked the good ones. Based on the low value of the rolls, odds are that whoever sold them to you did not go through the rolls. Therefore, they would have no way to see the actual coins inside the rolls. However, the seller may have known based on opening other rolls that the coins were likely to have had problems.
My suggestion for getting uncirculated coins (and not getting more than you need as you do when you buy rolls) would be to buy mint sets and cut them up. The quality of the coins is generally better than you can get from rolls and you can look at them in person before you buy if you get them at a show. Mint sets more often than not sell for less than the mint issue price.
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Pillar of the Community
United States
2271 Posts |
Quote: What's important is "what can you do to prevent it?". A couple of ziplock bags or anything reasonably airtight may have saved these. I don't know the answer either but what I'm doing with the few surviving coins is removing them from mint sets and soaking them in 91% alcohol or acetone. Then I try to store them in a dry place and in plastic bags. Some coins like the '68-P are already gone. I'd only return a roll if the coins are all bad. It depends though on the date and what the coins look like.
Time don't fly, it bounds and leaps.
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Bedrock of the Community
United States
19942 Posts |
Once again the truth about modern coins shows it's ugly head. The vast majority of rolls, bags and mint sets contain sub-par coins. Collectors are "asleep at the wheel" when it comes to moderns. Finding high-quality, well-struck, spot-free examples is more difficult than most anyone understands. I recommend people spend time on PCGS website looking at modern, top-pop coins to get educated. http://www.PCGS.com/prices/In addition to the PCGS pictures, look at the selling history. HA.com has great images to help you learn to the grades the TPG's are applying to these moderns.
Edited by BadThad 06/10/2016 11:03 am
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Bedrock of the Community
United States
17884 Posts |
Something most people don't seem to realize is that coins come straight from the mint with "stuff" already on them.
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Pillar of the Community
United States
1913 Posts |
Quote: Once again the truth about modern coins shows it's ugly head. The vast majority of rolls, bags and mint sets contain sub-par coins. Collectors are "asleep at the wheel" when it comes to moderns. Finding high-quality, well-struck, spot-free examples is more difficult than most anyone understands. Exactly. On the plus side, you can find nice uncertified modern coins at shows for decent prices. You just have to take the time to look at all that's available. I personally buy a couple of mint sets each year, pick out the best ones, and put them in air-tite holders. This way I can handle them while preserving them better than regular cardboard 2x2's or flips would.
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Replies: 26 / Views: 18,362 |