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Dipping - As A Collector Will You Or Won't You Buy It?

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wallyb's Avatar
Canada
557 Posts
 Posted 03/10/2022  07:28 am Show Profile   Bookmark this topic Add wallyb to your friends list Get a Link to this Message Number of Subscribers
Lots of commentary and discussion out there on the subject of dipping. I'm very curious to know what individual collectors really think when a coin of interest has been previously dipped. Would you buy it, have you, why or why not? And how does it impact what you are willing to pay?
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hfjacinto's Avatar
United States
7273 Posts
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dave700x's Avatar
United States
10625 Posts
 Posted 03/10/2022  09:01 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
If I can tell a coin has been dipped it's likely a problem coin and would have to be a somewhat rare issue or variety for me to consider it. If it's been over dipped and stripped of mint lustre I'll pass. Eye appeal is always key...
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T-BOP's Avatar
United States
18456 Posts
 Posted 03/10/2022  09:24 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
For me to buy a raw slightly dipped Silver coin it would have to grade at least MS-65 and badly toned or tarnished .
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John1's Avatar
United States
56855 Posts
 Posted 03/10/2022  09:43 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
If I knew a coin was dipped,I would not buy it. You never know what it will look like down the road, even if you think it was dipped properly.
John1
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Zurie's Avatar
United States
5663 Posts
 Posted 03/10/2022  10:41 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
If a coin was properly dipped, there would be no way to tell, and I would have no problem buying it. But if it were overdipped with loss of luster, I would not buy.
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Safaga's Avatar
United States
191 Posts
 Posted 03/10/2022  11:28 am  Show Profile   Bookmark this reply Add Safaga to your friends list Get a Link to this Reply
Zurie is correct when saying one cannot tell if a coin was dipped if it were properly dipped.

Keep in mind that the TPGs often dip coins before they are slabbed.
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John1's Avatar
United States
56855 Posts
 Posted 03/10/2022  11:33 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
What do they use as a dip?
John1
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jbuck's Avatar
United States
187862 Posts
 Posted 03/10/2022  12:52 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
If I cannot tell, I do not care. If PCGS dipped some of my Ikes before slabbing, so be it.
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John1's Avatar
United States
56855 Posts
 Posted 03/10/2022  1:11 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
What if they tone ugly 10 or 20 years from now because of being dipped?
John1
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jbuck's Avatar
United States
187862 Posts
 Posted 03/10/2022  1:25 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
What if they tone ugly 10 or 20 years from now because of being dipped?
All my PCGS Ikes were slabbed by the original owner; that is, I bought them that way. I have no way of knowing what they looked like before PCGS put them in their holders.

I have not seen any changes in the (over) five years since I started that set, so ask me again in five years.
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wallyb's Avatar
Canada
557 Posts
 Posted 03/10/2022  7:52 pm  Show Profile   Bookmark this reply Add wallyb to your friends list Get a Link to this Reply
Zurie, can you explain what you mean by 'properly dipped' please?
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wallyb's Avatar
Canada
557 Posts
 Posted 03/10/2022  7:53 pm  Show Profile   Bookmark this reply Add wallyb to your friends list Get a Link to this Reply
And, as a general followup question, if a say for example 100 year old dime appears white with no toning, has it absolutely been dipped?
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T-BOP's Avatar
United States
18456 Posts
 Posted 03/10/2022  8:39 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply

Quote:
What do they use as a dip?

Hmm, Onion Dip ?
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jacrispies's Avatar
United States
3848 Posts
 Posted 03/11/2022  01:06 am  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
I'll share a simple story.
It was a sunny day in northern California. I was at a local coin shop, checking out their inventory because I had saved up some coin money. I spotted this AU 1939-S Walking half dollar for a reasonable price, although the toning seemed to have average eye appeal and was almost unattractive. Maybe a little PVC on the coin as well. The dealer noticed the splotchy toning, immediately went to the back room, and dipped the coin without a second thought. When he brought it back out, I almost threw up (not really). I was not interested in the coin anymore, and the blast white appearance was a huge turn off.

I learned a couple things that day. The first being that dipped AU coins are uglyyyyyy. The second lesson learned was that I prefer an average looking original coin than an unnatural blast white coin.

So when would I buy a dipped coin? Never. I avoid, the much I can, all coins that have any appearance of cleaning, whether dipped, wiped, or even rubbed in a pocket. Who cares where it's been, all I care about is how it looks now. The magic words are eye appeal.


Quote:
And, as a general followup question, if a say for example 100 year old dime appears white with no toning, has it absolutely been dipped?

The odds that a 100 year old coin developed not a drop of toning is very unlikely, so chances are the coin has been dipped/cleaned/anythingthatmakesitlookbrighter. If the coin looks good, I may take a shot at it. But if it looks dipped, I will pass.
Suffering from bust half fever.
Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955
Shoot me a PM if you are looking to sell bust halves.
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Zurie's Avatar
United States
5663 Posts
 Posted 03/11/2022  02:49 am  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
It is certainly possible to have 100 year old coins that are blast white with no toning and never previously been dipped. But as I said, sometimes it can be impossible to tell.

Properly dipped means that a chemical has been applied carefully and rinsed off to remove toning on an uncirculated coin, but not to the point where it removes any original mint luster. Once luster is removed, the coin may look shiny but will have flat surfaces without cartwheel luster, and is then considered overdipped and/or cleaned.
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