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Oregon Commem And Buying Cleaned Coins

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one_fine_dime's Avatar
United States
591 Posts
 Posted 01/29/2016  10:13 am Show Profile   Bookmark this topic Add one_fine_dime to your friends list Get a Link to this Message Number of Subscribers
Leading off from oih82w8's recent post on the 1926 Oregon Trail Commemorative (https://goccf.com/t/251468), I've been perusing ebay's recent offerings.

I'm always on the look out to discern cleaning on coins - I think typically one sees this in hairline scratches all running in the same direction, or a blast white color (from dipping) that is not consistent with gem mint luster, etc.

Take this specimen for instance:
http://r.ebay.com/FTygLa

The description says, "GORGEOUS TONED BU 100% ORIGINAL". Ouch! The term "original" usually means uncleaned! I think this coin was unsuccessfully dipped where not all toning was removed, so now there are little specks of dark scattered around the coin in places.

This one is more honest in acknowledging its abused past http://r.ebay.com/D8cbjL, of the two I like it better.

Certainly one aims for an original uncleaned coin, but then again, if it is only for personal interest, to own an artifact of history as opposed to investment, maybe buying a cleaned coin for a bargain could be ok.

This one was defaced with initials scratched on the obverse (Native American side around 1 o'clock) as well as scratches between the sunrays on the other side. I liked the dark toning though. I'm surprised it sold for $80! http://r.ebay.com/84ZhdW

Just to add one more, what happened to this one? Too long in the dip? http://r.ebay.com/aZjy6P Talk about a matte finish.
Edited by one_fine_dime
01/29/2016 11:21 am
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oih82w8's Avatar
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7840 Posts
 Posted 01/29/2016  11:11 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Not being able to discern cleaned coins from problem free, I used to buy raw coins with eye appeal only to come back "details" monikers. That is the main reason that I switched to TPG certification. Then to exclusive PCGS for continuity. Some people have the gift of detection...I don't. Although I do get lucky once in a while.
Edited by oih82w8
01/29/2016 11:14 am
CCF Master Historian of USA Commemoratives
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commems's Avatar
United States
12257 Posts
 Posted 01/29/2016  12:01 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply

Quote:
Just to add one more, what happened to this one? Too long in the dip? http://r.ebay.com/aZjy6P Talk about a matte finish.

Quite possibly the result of many years in a sulfur-containing envelope.

An over-dipped coin would have a very different look.


Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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moxking's Avatar
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17900 Posts
 Posted 01/29/2016  12:14 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
There are certainly tell tale indications of mechanical cleaning, as you've mentioned. Dipped coins do not exhibit a single representative look and may vary depending on the type of dip, length of exposure, metal content of the coin the dip is used on and how it is applied.

Anyone who believes they are capable of being certain of a dipped coin from photographs only is fooling themselves. Regardless of their experience.

A bright coin doesn't mean it has been dipped. A dull coin doesn't necessarily mean it's been overdipped. Photographs can only give a two dimensional representation that is often inadequate for what the coin and it's colors are actually like.

On this forum we constantly have opinions expressed concerning grade and originality of coins. You only have to read a few to realize that there can be extremely varied opinions on the same coin.

You will also hear from a few that TPGs don't get it right XXX percent of the time. However,it is their profession and they've had the coin in their hands.

So I believe TPGs will be right a Lot more than someone that's just viewing a photo.

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one_fine_dime's Avatar
United States
591 Posts
 Posted 01/29/2016  12:46 pm  Show Profile   Bookmark this reply Add one_fine_dime to your friends list Get a Link to this Reply
Fantastic feedback on this topic so far. Thanks oih82w8, commems, and moxking! Definitely want to hear what others think.

oih82w8 - that is what I would really like to develop, a "gift" of detection.

I think it would be more a skill than a gift though. If possible, the ideal for me would be to assess originality as well as a TPG can. Though knowing I'll always be an amateur, I'm not sure exactly how one develops such a skill. Talking about it here, and inspecting a lot of coins (in hand as moxking suggests), seem at least a few ways to develop such skill. My impression, is that quality non-slabbed coins can be purchased for less than slab coin value, and I don't want to pay that slab premium if I don't need to. With that said, buying un-slabbed, and then looking to sell later on could be more difficult.

I'm not convinced that the premiums for slabbing outright end up being worth it? I feel slabbing is geared somewhat more for collector/investor goals (and several coins in my collection qualify in that regard), but I could be very happy with a vintage and (somewhat) rare mid-grade coin that is raw, and can be inspected sans plastic barriers. For example, a nicely toned VF-AU Oregon Trail, but it has to be original! I don't like the idea of cracking out a slabbed coin. So if I want to put the coin in a Dansco or hold it (properly) from time to time, raw is the way to go. If I'm buying for investment, I'll look for a slabbed coin. Maybe this tangent deserves its own topic.

commems - can you point me to an example of an over-dipped coin for comparison? I thought sulfur facilitates toning/tarnishing, I don't see that on this coin.
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GR58's Avatar
United States
11951 Posts
 Posted 01/29/2016  1:06 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
On the coin Commens posted (link) the last pictures shows the
envelope that the coin was in. The envelope has a date of 1970
and say it was UNC.

If that coin was in the envelope all those years, there was a good chance
it was much nicer looking before being left in the envelope for so many
years.

I agree that the sulfur in the paper and/or how the coin was stored
can make the coin have such a dull appearance. I have seen this many
times. Recently I saw a large group of Morgan dollars that were in
envelopes then storied in a attic. Almost made me cry to see the
condition so many nice coins ended up being in.

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moxking's Avatar
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 Posted 01/29/2016  1:11 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Grade and condition are not the only reasons to go TPG. There are some pretty decent 1926 Oregon counterfeit pieces that will fool most casual collectors.
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one_fine_dime's Avatar
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 Posted 01/29/2016  1:58 pm  Show Profile   Bookmark this reply Add one_fine_dime to your friends list Get a Link to this Reply
wow moxking, good point, I didn't know that.

as this seller is from europe, and I understand certain US counterfeits are created outside the US, can anyone here discern if this is likely genuine or not:
http://r.ebay.com/c9hv1n
Edited by one_fine_dime
01/29/2016 1:59 pm
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moxking's Avatar
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17900 Posts
 Posted 01/29/2016  2:21 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
That's absolutely a very bad fake. Note the loss of almost all fine details especially on the reverse. All of the letters both obverse and reverse appear "fat" and round. Fake tone to make the design elements appear stronger. Very unlikely that it's even silver.
Very probably a cast counterfeit. The edge would show the two halves of the mold on the edge.
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moxking's Avatar
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17900 Posts
 Posted 01/29/2016  2:26 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Reported that one, along with the other two fakes this guy is selling.
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Foxwoods Man's Avatar
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4901 Posts
 Posted 01/29/2016  2:32 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
Ummm....an old Oregon commem from Lithuania? What could possible be wrong with it?

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spaceace's Avatar
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797 Posts
 Posted 01/29/2016  3:13 pm  Show Profile   Bookmark this reply Add spaceace to your friends list Get a Link to this Reply
I think photos make it extremely difficult to judge simply based on lighting. It is easy for somebody to angle the lights, change the brightness, use different bulbs, etc in order to highlight some part of the coin or to minimize flaws in a coin. Lighting is often used to disguise cleaning, hairlines, excess wear, dipping and all sorts of other things that the seller doesn't want you to know. However, even honest sellers can have a hard time showing the true look of a coin via photographs and can often make the coin look worse than it really is. Most of the reputable sellers will have a return policy that lets you actually see the coin in hand and you will be able to return it if there is a problem. Luckily the majority of people selling coins are honest and forthright.
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Antares68's Avatar
Italy
27 Posts
 Posted 01/29/2016  3:15 pm  Show Profile   Bookmark this reply Add Antares68 to your friends list Get a Link to this Reply
I bought a lot of raw coins.
But always evaluating them in person and in his hand.
And always discarding those that gave me the slightest doubt.
I bought online only certified coins or coins from a reliable source.
This is my experience
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moxking's Avatar
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17900 Posts
 Posted 01/29/2016  4:00 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Spaceace -I agree completely. It's even tough to show a picture of a problem you know exists and you can't count on simply telling of the problem verbally since so few buyers ever take time to READ a description. Likewise, sometimes a photo makes it look like a coin has a problem it doesn't have.
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one_fine_dime's Avatar
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 Posted 01/29/2016  4:09 pm  Show Profile   Bookmark this reply Add one_fine_dime to your friends list Get a Link to this Reply
moxking - I'll take your word for it, as I'm not sure I can't discern these details (i.e., "Note the loss of almost all fine details especially on the reverse. All of the letters both obverse and reverse appear "fat" and round"). Thanks! How did you assess the Hawaiian half dollar he/she is selling is fake - certain details don't look right there too?

spaceace - I recently got burned buying an 1836 bust half dollar via a local auction (but an hour away so I placed an absentee bid). When the coin arrived, it was evident to have been harshly cleaned. The auction house did precisely as you say in the photos they supplied (i.e., angle of the lights, brightness). My expectation of honesty and presumed quality was flawed, now I'm stuck with it as they won't take it back. I hope to minimize such mistakes like this going forward.

Foxwoods Man - yes, the Lithuanian seller and low total sales made me suspect. Trying to use this example as a learning experience to be able to discern problems from just looking at the coin itself...unfortunately, only non-close-up photos here.
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Foxwoods Man's Avatar
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 Posted 01/29/2016  4:14 pm  Show Profile   Bookmark this reply Add Foxwoods Man to your friends list Get a Link to this Reply
If you check previous sales there are a few duped buyers that think they have original old commems...sad

When I look at a coin auction and see China, Lithuania, Russia yada, yada, yada ...I just move on. Not worth the grief. Plenty of real coins out there...
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