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Replies: 13 / Views: 1,173 |
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Valued Member
United States
109 Posts |
I am a newbie & was happy to get this coin for $300, even though it has been lightly cleaned. Which raises a couple of questions, I guess: How much has the coin been devalued by cleaning? And should all cleaned coins just be avoided completely?  Edited by RubyOpal 01/31/2018 7:14 pm
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Pillar of the Community
7234 Posts |
The problem with cleaned coins is you will have a harder time selling them if you ever had to. And yes the value will go down but who knows how much. Somebodey else will be along to give you that information.
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Rest in Peace
United States
17900 Posts |
Collectors develop as does their collectibles, almost always becoming more discriminating as they grow in knowledge and experience.
Hence, problem coins become much less actively considered the longer a collector continues their searches. It is even worse for a $300 coin because the majority of collectors that spend that much on a coin have probably advanced.
You simply reduce potential buyers with problem coins.
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Valued Member
 United States
109 Posts |
How about details grading for it? (I forgot to put "for grading" on the topic title, sorry....)
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Pillar of the Community
United States
8715 Posts |
A problem coin should never be purchased for a coin that can commonly be found problem-free, especially for $300. Unless we're talking a 1793 chain cent here, it's best to avoid problem coins. Future buyers of the coin will think so too.
AU details, cleaned.
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Bedrock of the Community
Canada
11922 Posts |
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Rest in Peace
United States
18456 Posts |
Lots of Barber and Seated coins have been cleaned . Most of them long ago . Yours is NOT harshly cleaned , but I'm afraid I have to agree with AU Details . Could have done better for $300 . 
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Pillar of the Community
United States
3479 Posts |
 to the forum. Might I make a suggestion? Before you pull the trigger on any future acquisitions, post them here in the grading section first. We will coach you in the right direction. 
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Valued Member
 United States
109 Posts |
Thank you, Mike! I'm a scary kind of newbie - an OLDER newbie with a bigger wallet for bigger mistakes!
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Valued Member
United States
295 Posts |
To be fair, 300 dollars isn't too far off the mark for that. I did a quick search on Heritage Auctions for 1900-S Barber halves in AU details, cleaned, and found them generally going for $200-300. Though you could also get a solid problem-free XF for that price, and I think most collectors would prefer that to an AU details piece.
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Pillar of the Community
United States
8715 Posts |
Quote: Though you could also get a solid problem-free XF for that price, and I think most collectors would prefer that to an AU details piece. Exactly what I was thinking. Lower grade problem free is better than higher grade with problems.
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Bedrock of the Community
United States
11881 Posts |
This coin looks like it was dipped for a few seconds and is imho a market acceptable AU55. As such I think it is worth more than what you paid. I like the look, and so will many buyers. Nice pick up for $300 - I think you did well. 
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Bedrock of the Community
United States
36744 Posts |
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Bedrock of the Community
United States
94367 Posts |
I tend to agree, but would like sharper pics of the surfaces to confirm extent of the cleaning.
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Replies: 13 / Views: 1,173 |
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