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Do You Collect Cleaned Or Damaged Coins On Purpose?

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owatchman's Avatar
United States
1494 Posts
 Posted 03/15/2018  02:23 am  Show Profile   Bookmark this reply Add owatchman to your friends list Get a Link to this Reply
Cleaned/damaged coins aren't something I hunt for. But if I like a particular example, I'll pick it up.
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ron6788's Avatar
United States
655 Posts
 Posted 03/15/2018  08:55 am  Show Profile   Bookmark this reply Add ron6788 to your friends list Get a Link to this Reply
I think if I were to get another damaged coin it would be on a series I don't actively collect. For instance, there was a $10 Indian gold the other day at auction. It was a beautiful-looking piece but in a cleaned holder, probably polished. I figured, what's the difference, still is gold, but I guess everybody else thought the same thing so the price went skyrocketing. If I can't get a deal on damaged goods, forget it.
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jbuck's Avatar
United States
188770 Posts
 Posted 03/15/2018  10:10 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Do counterstamps count? Because I'll buy those on rare occasion.
No, those are not damaged. They are value added.
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goldnugget's Avatar
United States
372 Posts
 Posted 03/16/2018  9:38 pm  Show Profile   Bookmark this reply Add goldnugget to your friends list Get a Link to this Reply
I have been Metal Detecting since 1973 and I will take anything that I Find on the Beach My Hot Spot Coins usually a One day Search if the Beach is producing
Do-You-Collect-Cleaned-Or-Damaged-Coins-On-Purpose?
Do-You-Collect-Cleaned-Or-Damaged-Coins-On-Purpose?
Do-You-Collect-Cleaned-Or-Damaged-Coins-On-Purpose?

I found this Beach Spot around 2014 and its produced over $ 10,000.00 Its between a 2 miles and 4 mile walk ( That's before I even turn on the Detector )from where I park my truck to walk too and I wear a Professional Life jacket since I have to cross over an inlet at Low Tide and come back 12 hours later ,currently the Weather is terrible and the water is COLD
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two_tonevf35's Avatar
United States
719 Posts
 Posted 03/16/2018  10:37 pm  Show Profile   Bookmark this reply Add two_tonevf35 to your friends list Get a Link to this Reply
I do not, but can prove over and over that at least one TPG consistently rewards lightly cleaned silver coinage - of one issue I know well - over naturally toned, but with dark patina.
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jbuck's Avatar
United States
188770 Posts
 Posted 03/17/2018  01:56 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I have been Metal Detecting since 1973 and I will take anything that I Find on the Beach My Hot Spot Coins usually a One day Search if the Beach is producing
Makes sense.
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Debrajc's Avatar
United States
4211 Posts
 Posted 03/17/2018  06:59 am  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
Back some 40 years ago it was pretty common for dealers to clean their coins.
So I have my fair share of cleaned coins in my collection. And really low
grade key coins. But I am now becoming a "snob" of sorts and want to spend
my hard earned dollars on nicer examples. I am weeding out a lot of what I
bought years ago. Slowly but it's happening.....
Bedrock of the Community
United States
20753 Posts
 Posted 03/17/2018  09:55 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
It really depends on how much a coin has been cleaned. If just mildly, I don't mind buying it at all. If harshly cleaned so it looks damaged, no I don't.
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ron6788's Avatar
United States
655 Posts
 Posted 03/17/2018  8:19 pm  Show Profile   Bookmark this reply Add ron6788 to your friends list Get a Link to this Reply

Quote:
...I found this Beach Spot around 2014 and its produced over $ 10,000.00 Its between a 2 miles and 4 mile walk...

That treasure-hunting sounds so exciting, goldnugget! And, you must be expert at cleaning your own stuff.
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tdziemia's Avatar
United States
7945 Posts
 Posted 03/18/2018  5:13 pm  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply
I will buy a cleaned coin if I still find it appealing and it fills a hole at a far lower cost than a nice grade uncleaned.

Damaged I am less inclined, though I have a fair percentage of medieval coins in my collection, and these sometimes come a bit bent ... a bit clipped ... a chunk gone from the edge. If I want those both round and flat, I will pay a lot more and take a while to find some of them.
Edited by tdziemia
03/18/2018 5:17 pm
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1c5d7n5m's Avatar
Belgium
1185 Posts
 Posted 04/01/2018  4:04 pm  Show Profile   Bookmark this reply Add 1c5d7n5m to your friends list Get a Link to this Reply

Quote:
Do counterstamps count? Because I'll buy those on rare occasion


no I do not think so

on the contrary, counterstamps with numismatic value (not your sun hammering a nail in your nice taler) are not considered damage but make many coins more interesting
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1c5d7n5m's Avatar
Belgium
1185 Posts
 Posted 04/01/2018  4:15 pm  Show Profile   Bookmark this reply Add 1c5d7n5m to your friends list Get a Link to this Reply
here is an example of a deliberately "damaged" but very rare coin:
a 1595 Leicester taler from the Dutch Republic (province of Overijssel)

Do-You-Collect-Cleaned-Or-Damaged-Coins-On-Purpose?
Do-You-Collect-Cleaned-Or-Damaged-Coins-On-Purpose?

the damage is present on both sides in the form of justification marks (a series of scratches) made by the mints in the 16th and 17th century in some coins to take away silver in order to adjust for the correct amount of silver in hand made coins

this type of damage on the one hand makes the coin less attractive but on the other adds to the original idea of what was brought into circulation




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ron6788's Avatar
United States
655 Posts
 Posted 04/01/2018  7:31 pm  Show Profile   Bookmark this reply Add ron6788 to your friends list Get a Link to this Reply
That is one old coin, 1c5d7n5m, and still in great shape- except for the warrior's face. Is he supposed to be wearing a mask or something because I can't make out any detail?

Early American silver coins were also brought into spec by having the planchet's scraped prior to pressing the designs. Many coins were left with these scratches but it's not considered damage and will get a straight grade.
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1c5d7n5m's Avatar
Belgium
1185 Posts
 Posted 04/02/2018  04:34 am  Show Profile   Bookmark this reply Add 1c5d7n5m to your friends list Get a Link to this Reply

Quote:
the warrior's face. Is he supposed to be wearing a mask


Darth Vader-like indeed !

the warrior is no one less than Robert Dudley, Earl of Leicester, close friend and protege of queen Elisabeth of England

Dudley was not very popular in the province of Overijssel in those days, where he more or less ruined the war effort Dutch republic against Spain
Perhaps the mint master of Deventer where this taler was minted expressed the sentiment of the public by producing this type of coin which is conform the standard of this type of coin except a poorly designed face?

pure speculation of course
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Chute72's Avatar
United States
1314 Posts
 Posted 04/03/2018  11:36 am  Show Profile   Bookmark this reply Add Chute72 to your friends list Get a Link to this Reply
Not mine, but people have been known to collect these.

Do-You-Collect-Cleaned-Or-Damaged-Coins-On-Purpose?
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