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How Do Blemishes Affect Value?

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Pillar of the Community

United States
1912 Posts
 Posted 11/09/2022  01:45 am Show Profile   Bookmark this topic Add Albert to your friends list Get a Link to this Message Number of Subscribers
A Barber half compares favorably to F-12 at a value of $100 plus or minus. But there are blemishes in the form of pitting or corrosion spread around. So would it be non-graded and labeled as damaged or would the value just be what a buyer & seller agree to? If sent in to a TPG, is it likely it would be returned as not graded?
I have no experience and never had a need for grading- but it just happens I need to determine a value for this piece. It was given to me as a counterfeit, but it's genuine.
How-Do-Blemishes-Affect-Value?
How-Do-Blemishes-Affect-Value?
Edited by Albert
11/09/2022 01:54 am
Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 11/09/2022  05:08 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Blemishes most affect eye appeal, and by that route, may also affect the value.
Beauty (or otherwise), is in the eye of the beholder.

A blotchy toned coin can have the same grade as an evenly toned coin, but
could be perceived as being less desirable to include in a collection.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 11/09/2022  08:46 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Even if genuine, the pitting on your coin would likely reduce the value considerably. Can you give us the weight?
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kanga's Avatar
United States
5825 Posts
 Posted 11/09/2022  08:49 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
Pitting like that is a major problem.
IMO value for a coin like that is 50% of catalog as a starting point and then go down from there.
Pillar of the Community
United States
1912 Posts
 Posted 11/09/2022  10:50 am  Show Profile   Bookmark this reply Add Albert to your friends list Get a Link to this Reply
Turns out not so much pitting- more like blotches.
This picture shows remains of a black scale that was picked or scraped off leaving the spoiled eye appeal.
I like the idea and appreciate the suggestion of minus 50% value.
I think even if 50% value, I bet a potential buyer would pass.
Likely a potentially valuable coin that has gone bad and worth only what somebody would be willing to give?
To me, a collector of Barber halves wouldn't want to buy this one.

How-Do-Blemishes-Affect-Value?
Edited by Albert
11/09/2022 1:14 pm
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panzaldi's Avatar
United States
18645 Posts
 Posted 11/09/2022  1:10 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
to me it looks like corrosion and would be nice to have both sides full photos to look at but I doubt the coin would grade. I think the obverse would give the coin a 97 ED and would receive a no grade. I doubt a barber collector would pay 50% for it. I would personally pass
Pillar of the Community
United States
1912 Posts
 Posted 11/09/2022  1:26 pm  Show Profile   Bookmark this reply Add Albert to your friends list Get a Link to this Reply
Both sides full photos
How-Do-Blemishes-Affect-Value?
How-Do-Blemishes-Affect-Value?
Rest in Peace
T-BOP's Avatar
United States
18456 Posts
 Posted 11/09/2022  3:15 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
Well I can say for certainty that it will affect my value if I was going to purchase it . Coins like these borderlines on being a details call to just a poor eye appeal .
Pillar of the Community
United States
1912 Posts
 Posted 11/09/2022  4:33 pm  Show Profile   Bookmark this reply Add Albert to your friends list Get a Link to this Reply
Ok thanks everyone, I have what I need for the write-up.
I needed to know how the poor eye appeal affected what value the piece could have had.
I think knocking off 50 % and going down from there to even include potential buyers passing it up makes for a good evaluation.
I'm documenting some coins that really are counterfeit and found this piece was in the mix.
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IndianGoldEagle's Avatar
United States
36658 Posts
 Posted 11/10/2022  09:00 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Looks like a VF details coin due to the environmental damage.
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Slider23's Avatar
United States
4468 Posts
 Posted 11/10/2022  1:18 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
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