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Is Most Silver On Ebay Cleaned?

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Brandmeister's Avatar
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 Posted 06/04/2024  11:27 am Show Profile   Check Brandmeister's eBay Listings Bookmark this topic Add Brandmeister to your friends list Get a Link to this Message Number of Subscribers
I have been trying to cherry-pick Mercury dimes lately, but the learning curve on ebay is expensive. It seems that I can find the occasional variety and the seller photos look good. But then as the CCF pros analyze the coins on the grading forums, very often they find hairlines or other evidence of cleaning.

Is ebay just a bad place to buy silver coins? If a coin will ultimately not pass TPG grading, then it seems like hunting varieties on ebay is a pointless exercise. Also, although I am training myself to notice the subtle details of cleaning, it is really hard to spot in seller pics (perhaps intentionally) and many sellers have restrictive or no-return policies.
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 Posted 06/04/2024  11:42 am  Show Profile   Bookmark this reply Add coin rejector to your friends list Get a Link to this Reply
Frustrating, isn't it? There are a few raw coins on ebay I'm considering, but due to sub-par seller pics.... I'm reluctant to pull the trigger. Due to the reasons you've mentioned, my recent purchases have all been slabbed PCGS or NGC.
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 Posted 06/04/2024  12:53 pm  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
You need to hone your skills in person. No amount of photos will ever educate someone how to grade. You need hands on.
You realize when you know how to think, it empowers you far beyond those who know only what to think.

-Neil deGrasse Tyson
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misfit's Avatar
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 Posted 06/04/2024  2:00 pm  Show Profile   Bookmark this reply Add misfit to your friends list Get a Link to this Reply
I haven't purchased any classic coins in years, but I do like to window shop on ebay particularly in the winter months.

My take is if a coin is over $250, and it isn't in a slab, there's a reason. It could be someone didn't think it worth grading, but it could also be they knew it would come back details, or maybe it already did and it was busted out.

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jbuck's Avatar
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 Posted 06/04/2024  2:03 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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maybe it already did and it was busted out.
Like my 1869 Seated Liberty dollar. Busted from a "Cleaned-Details" slab and placed in my 7070.
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 Posted 06/04/2024  2:48 pm  Show Profile   Bookmark this reply Add atticguy to your friends list Get a Link to this Reply
I personally assume ALL pre-1950 coinage as being cleaned at some point, and adjust their values accordingly. I mean, in the early days of the hobby, it was "the thing" to polish up your collection weekly. SO yes, I view all older coins to have been "scrubbed" once or twice.

As an example, a few weeks ago I brought in my collection of Walking Liberty halves to a dealer for an opinion of its value. I was told that around 20% of the set had been cleaned. In other words, my set was worth maybe half of what I paid for it. On the plus side, I didn't use all that cash I spent for coins on booze or smokes; at least I can get SOMETHING back.
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 Posted 06/04/2024  2:53 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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I personally assume ALL pre-1950 coinage as being cleaned at some point
A fair assumption!

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On the plus side, I didn't use all that cash I spent for coins on booze or smokes; at least I can get SOMETHING back.
Indeed!
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Brandmeister's Avatar
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 Posted 06/04/2024  3:34 pm  Show Profile   Check Brandmeister's eBay Listings Bookmark this reply Add Brandmeister to your friends list Get a Link to this Reply

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I personally assume ALL pre-1950 coinage as being cleaned at some point

If we assume that almost all pre-1950 silver coins have been cleaned, then where do people get mint state silver coins for grading? I ask that earnestly, btw. I imagine the quality of ebay photos makes the situation harder, but you could easily have over-graded or problem coins at a local shop or coin show.

Quote:
You need to hone your skills in person. No amount of photos will ever educate someone how to grade. You need hands on.

I could agree with that in principle—most technical training is like that—but how would it be accomplished in practice? One would need a large supply of pre-graded coins to examine, and presumably an expert to guide you through the process.
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 Posted 06/04/2024  4:42 pm  Show Profile   Bookmark this reply Add Hunter611 to your friends list Get a Link to this Reply
My father once told me the same about pre-50's coins being cleaned and that most collectors didn't worry about it as it was common practice. He also threw out most collections came out of circulated coins; and collections were basically made up of raw coins.

Another practice for some was to buy uncirculated rolls of each denomination each year to tuck away for a rainy day or retirement; those are cool finds.

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jbuck's Avatar
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 Posted 06/04/2024  4:56 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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...most collections came out of circulated coins...
It is certainly how I started and operated for my first ten years at least.

Quote:
...and collections were basically made up of raw coins.
This is true for me today, with the exception of the second Ike set in PCGS holders and modern US Mint purchases still in OGP.
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BH1964's Avatar
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 Posted 06/04/2024  11:41 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
You can take ebay out of it all together. Most classic silver US coinage has been cleaned at some point in time. That only means 51% or more. Much of it is also Market acceptable.
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jacrispies's Avatar
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 Posted 06/05/2024  12:30 am  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply

Quote:
You need to hone your skills in person. No amount of photos will ever educate someone how to grade. You need hands on.


Disagree based on personal testimony. I learned how to grade almost entirely on the internet. This grading forum and looking at hundreds of coins daily online were my only sources. Probably 80% of my ability was founded through photos and the rest through grading games in person to hone the skill. In person definitely could quicken the process but is by no means necessary. People don't have the resources to be quizzed and taught through blind grading hundreds of coins.


Quote:
Is ebay just a bad place to buy silver coins?


This is an extremely broad question. I cherrypick and purchase Capped Bust half dollars all the time on ebay. I would not buy a common Peace dollar on ebay in circulated grades. To each their own!


Quote:
Also, although I am training myself to notice the subtle details of cleaning, it is really hard to spot in seller pics (perhaps intentionally) and many sellers have restrictive or no-return policies.


Through constant practice, you can master grading through photos. I love awful ebay photos because it gives me an opportunity that other people would look over. Don't beat yourself over your lack of skill, instead take encouragement by it and keep practicing! You may even need to take some small risks to see if your initial assessment was correct.
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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 Posted 06/05/2024  12:34 am  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
100% internet photos will not teach you how to grade. Maybe 80% of your learning was from them but you need to handle the coins, that's most important.
You realize when you know how to think, it empowers you far beyond those who know only what to think.

-Neil deGrasse Tyson
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jacrispies's Avatar
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 Posted 06/05/2024  01:19 am  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply

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100% internet photos will not teach you how to grade. Maybe 80% of your learning was from them but you need to handle the coins, that's most important.


Slider to low mint state gold (especially incuse indians) and Buffalo nickels were the most difficult for me in which formal training was an advantage. Everything else was online. Point being handling coins in quantity is a privilage and not necessary to learn how to grade. Persistence and passion are the only necessities.
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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jpsned's Avatar
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 Posted 06/05/2024  08:14 am  Show Profile   Bookmark this reply Add jpsned to your friends list Get a Link to this Reply
I've bought plenty of non-cleaned silver coins on ebay.

So the answer to your question is no.
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Dearborn's Avatar
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 Posted 06/05/2024  09:43 am  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply

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Busted from a "Cleaned-Details" slab and placed in my 7070.

I do the same - for some of holes I need to fill, I'll buy a details coin (so long as it don't look like crap) and crack them out for my albums especially the 7070.

I also have bought lots of silver from the Bay and they were not cleaned - of course, I'm very picky and if I had questions about a coin or the images - I ask the sell for better.
If I get no response or they tell me that is the best that they can do - then I message back and let them know I'll not ever buy from them and move on.
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