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Replies: 8 / Views: 2,631 |
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Valued Member
United States
271 Posts |
If a Buffalo nickel has had its date restored via Nic-a-Date, how does this affect its value? I've got some Buffalo nicks where the date can barely be read...should I use Nic-a-Date on those? or only the ones that are completely dateless? (Sorry for the kinda-newbie question...I've just decided to start a Buffalo nickel set, and thought I'd see what I've got sitting around first before going out and start shopping  )
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Pillar of the Community
United States
2602 Posts |
Once you hit a Buffalo nickel with chemicals, it becomes a cull. Culls are worth 5-10 cents, UNLESS the coin happens to be an early date teen with a mint mark. How much is an original, dateless Buffalo nickel worth? Maybe 15-25 cents? So I'd only restore dates to truly dateless coins that have a mint mark on the reverse. Some restorers actually do mess with the Philly coins, hoping to find the rare 14/13 or 16/16.
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Valued Member
United States
201 Posts |
I can't say, but I would generally refer to a dateless coin as a cull.
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Moderator
 United States
187702 Posts |
 IMHO, a dateless buffalo is worth no more than a restored one with a common date. But restoring a dateless coin to reveal a key date would make it worth more than it was when it was dateless. Of course, it would not be worth as much as an untouched example.
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Valued Member
 United States
271 Posts |
i figured a restored key date buffalo would be worth a fraction of an untouched example...but wtypically hat fraction of the price? 1/2? 1/4? just curious...
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Bedrock of the Community
United States
12437 Posts |
I have seen rough estimate valuations of 10-30% of a dated coin. Of course, that would only apply to the noncommon coins. My local shops buys no dates for 10 cents(mint mark irrelevant) and sells them for 20 cents I believe. A common date Buffalo that has been Nic-a-dated is pretty much just a novelty, I couldn't see any Philly being worth more than 25 cents or so. Nic-a-dated early mint marks can be cost effective space fillers but eye appeal will make all the difference for value- if it is ugly then closer to 10%, if it just has honest wear and the date was done well, then closer to 30%.
Edited by biokemist6 07/02/2008 10:30 am
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Valued Member
United States
201 Posts |
I have not seen a coin nic-a-dated but is it that obvious after application?
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Bedrock of the Community
United States
20753 Posts |
I've seen them at coin shows and they just sit there. No one will buy them. At least no one that collects coins. If it turned out to be a rare one, possibly might be worth a little but worth a little and trying to sell one is two different things.
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Valued Member
United States
417 Posts |
Here's an example of a dateless buffalo turned date-y. Don't worry, I got it at face value. Image: 14Dobv.jpg55.64 KB Image: 14Drev.jpg48.88 KB
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Replies: 8 / Views: 2,631 |
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