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 Replies: 15 / Views: 1,813 |
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Valued Member
United States
84 Posts |
Hope I am in the right place.
I've been thinking about buying a colonial coin, hopefully a pine tree but for my budget and other coin project, a q e indian set, I'd probably have to settle for a details coin.
I dont think light cleaning is a big deal, but some of the terminology I've seen is scary. Repaired, tooled,...yikes
Would a coin be repaired due to previous damage? Or did some prior owner have to piece out some of the metal for a debt? Or is this what a plug is?
I've also seen a lot of Federal gold like this too. I'm really not looking at what the coin could be worth as opposed to getting good value because my kids will probably end up selling down the road.
Thoughts?
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Pillar of the Community
 United States
8938 Posts |
If you want a details coin, lightly cleaned is best. The others are gouged, altered, or corroded. Think zinc rot zlinon as tooled/repaired
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Pillar of the Community
United States
4691 Posts |
Nothing wrong with a cleaned details coin. Many of these look great, and even retone naturally over time. Now "harshly cleaned" is a different story.
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Pillar of the Community
United States
3479 Posts |
There is always strong demand for detailed Pine Tree Shillings. Unlike most series, there is no negative stigma associated with purchasing any of the MA early colonial coins. I've been meaning to purchase one for the last two years but I always end up getting distracted when a PQ Seated dollar hits the auction block. I would have no problem buying a details coin as long as it's in reason. I would recommend that you buy them at auction. You will always do better that way. When you but from dealers, you will find that most of them buy their coins at auction and mark them up by 15%. Currently I think Heritage is the best place to purchase these. They usually have a good selection of them for both the high end and low end at their signature auctions. |
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Rest in Peace
United States
18456 Posts |
I think I would only buy a detailed coin if it were super old ( 1793 - 1809 ) and not too cleaned or damaged . Also the price has to sway me from my purist tendencies .  |
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Valued Member
 United States
84 Posts |
Thanks for the advice...I think I'd like to move on one of these soon because I'm noticing early Colonial coins, esp Massachusetts ones are disappearing at a rate much quicker than my other coin interests.
You know, I did register for bidding at Heritage, but my God, I'd was looking at over $1000 bp....whoa
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Pillar of the Community
United States
4691 Posts |
Just be aware of Heritage's buyers fees, and potential state sales tax.
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Pillar of the Community
United States
3479 Posts |
To add to that. $$$ wise and on the low end, you can find details-graded early MA coins for around $1,200 to $1,500 if you stay patient.
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Bedrock of the Community
United States
10034 Posts |
For something that old and hard to find, just owning a piece of the history is good enough for me. It was there. It was held by people of the era. Yes, we all would love pristine examples, but cost is sometimes prohibitive.
How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Moderator
 United States
56855 Posts |
I have noticed that a large amount of colonial coins get a details grade,it's acceptable for colonials. As long as the price is in my budget and I like how it looks I would buy one. John1  |
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Bedrock of the Community
United States
36558 Posts |
It boils down to eye appeal and are you looking to make money on the coin in the future. I have no problem with a details coins if it has a nice look to it and it's priced accordingly.
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Pillar of the Community
United States
4691 Posts |
If it has good eye appeal, I like these as upgrades to my 7070 since I crack them out anyway. Also, if the details are due to cleaning (not harsh) often the coins will re-tone and can often be re-graded in no problem holders if desired.
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Moderator
United States
187702 Posts |
Quote:
If it has good eye appeal, I like these as upgrades to my 7070 since I crack them out anyway.  |
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Pillar of the Community
United States
5825 Posts |
I've got one. It's Draped Bust quarter. It's a Rarity 5+. It's the only one I've ever seen. I consider it a hole-filler but I'm not sure I'll ever encounter another. So it's likely to be a permanent part of my collection. |
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Bedrock of the Community
United States
94367 Posts |
Personally, I would never knowingly buy a details coin. Just my nature. There are so many zillions of straight coins out there, rare and otherwise, that I'd just as soon choose from among them instead.  Edited by Coinfrog
10/22/2018 4:43 pm
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Pillar of the Community
United States
7933 Posts |
Quote:
It boils down to eye appeal and are you looking to make money on the coin in the future. I have no problem with a details coins if it has a nice look to it and it's priced accordingly. My sentiments as well, though I mostly avoid buying slabbed coins anyhow (I have, however, bought at least one details coin for someone assembling a collection of English monarchs. The portrait on the coin was very strong, overall eye appeal pretty good, and the price was right). I am not concerned about resale value because that will probably fall to my executor, as I don't expect to shift my collecting focus or invest in many upgrades between now and death. (gosh that sounded morbid  ) Edited by tdziemia
10/22/2018 5:48 pm
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Replies: 15 / Views: 1,813 |
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Posted 10/04/2018 10:46 pm
