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Did I Pick Up The Wrong Red Book?

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Pillar of the Community
trdhrdr007's Avatar
United States
2335 Posts
 Posted 08/13/2010  07:50 am  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
Be careful with Acetone. In the first place it's a highly flammable chemical so appropriate precautions should be taken. A dip, or even a soak, in acetone will not harm the coin as long as you rinse with distilled water afterwards. The problems begin when people attempt to wipe or rub the coin in conjunction with the acetone dip. Rubbing/wiping the coin with anything(finger, q-tip, cotton ball, etc) WILL cause hairline scratches & cause the coins value to decrease dramatically.
New Member
United States
39 Posts
 Posted 08/13/2010  1:43 pm  Show Profile   Bookmark this reply Add Darryl to your friends list Get a Link to this Reply
Here are new scans of the coin without manipulation. As you can see they are very light. Will it help when scanning these coins to put a piece of black paper behind them to absorb the light so they show up clearer?

Did-I-Pick-Up-The-Wrong-Red-Book?

Did-I-Pick-Up-The-Wrong-Red-Book?
Edited by Darryl
08/13/2010 2:00 pm
New Member
United States
39 Posts
 Posted 08/13/2010  1:55 pm  Show Profile   Bookmark this reply Add Darryl to your friends list Get a Link to this Reply
How do I add a signature to my posts? I don't see anything about it when I look at editing my profile.
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daviscfad's Avatar
United States
4541 Posts
 Posted 08/13/2010  2:00 pm  Show Profile   Bookmark this reply Add daviscfad to your friends list Get a Link to this Reply
i am not suree but I think there is a post count limit before you can add signatures
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daviscfad's Avatar
United States
4541 Posts
 Posted 08/13/2010  2:01 pm  Show Profile   Bookmark this reply Add daviscfad to your friends list Get a Link to this Reply
here is the link
http://www.coincommunity.com/forum/...asp#rulesid6

You muust have 100 quality post
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trdhrdr007's Avatar
United States
2335 Posts
 Posted 08/13/2010  2:20 pm  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
You are going to need better pictures to get accurate grading opinions. Based on these pictures I'd say the coin is somewhere between VF & AU. From a value standpoint that's a pretty wide range.

On the other hand, you can safely say the coin is worth a good bit more than melt.
New Member
United States
39 Posts
 Posted 08/13/2010  4:24 pm  Show Profile   Bookmark this reply Add Darryl to your friends list Get a Link to this Reply
This coin was stored in paper envelopes and is marked as XF-AU XF-AU.

If XF equates to EF-40 as I have been told here, then has this coin suffered any value lose from what the paper envelope has done?
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steve199's Avatar
United States
1882 Posts
 Posted 08/13/2010  4:44 pm  Show Profile   Bookmark this reply Add steve199 to your friends list Get a Link to this Reply
You can't assume the paper envelope caused the black toning. Yes, the coin has a lower value than an identical coin would without the black toning on it, because of eye appeal.
New Member
United States
39 Posts
 Posted 08/13/2010  9:11 pm  Show Profile   Bookmark this reply Add Darryl to your friends list Get a Link to this Reply
I just got back from the local coin shop dealer that also buys gold and silver. I took him a sampling of the better coins I have including this 1938D He said the grading of the ones I have in the old envelopes is right on and that this coin was between an EF40 and an uncirculated. He ofered me $120. for it so I am assuming it is worth more than that to a collector looking for one. He said that the envelope would not have caused any other negatives to the coin and that it would have looked like this when it was put in the envelope 20 years ago.

As a point of reference for his pricing he was paying 11.5 times face value today for coins and I believe there are probably others out there paying more.
New Member
United States
39 Posts
 Posted 08/15/2010  01:12 am  Show Profile   Bookmark this reply Add Darryl to your friends list Get a Link to this Reply
I don't believe I will be cleaning ANY of the coins I have. Most that I have talked to about this says it effects the value negatively.
New Member
United States
39 Posts
 Posted 08/16/2010  2:48 pm  Show Profile   Bookmark this reply Add Darryl to your friends list Get a Link to this Reply
Since I have a couple of different threads going with pictures I will post another of a walker 1/2 here rather than the other thread with the dollars.

This coin of course shows better in person and I believe it is an AU-50. Some of these gradings for specific coins such as this are a big help to me as they are more specific to points on the coins to make a determination.

What do you think from the pictures?

Did-I-Pick-Up-The-Wrong-Red-Book?

Did-I-Pick-Up-The-Wrong-Red-Book?
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Jaobler's Avatar
United States
6389 Posts
 Posted 08/16/2010  3:29 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Hi Darryl,
Sounds like this dealer is being straight with you. Your '38-D would probably bring a bit more on ebay but there are fees and shipping to consider. The dealer offer is reasonable IMO.

Your 1946 coin looks lower than EF grade to me. The breastplate on Miss Liberty must be at least faintly outlined to make a VF grade and must be sharply outlined for EF. That 1946 looks marginal even for VF. However, we really need sharper photos to be accurate.
Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 08/16/2010  4:10 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
Hard to tell from the pictures as the detail is muted for the 1946. I don't think AU is out of the question though. Though it's hard to make out the details, the overall look of the surfaces indicates that there may be a fair amount of remaining luster.
New Member
United States
39 Posts
 Posted 08/16/2010  5:57 pm  Show Profile   Bookmark this reply Add Darryl to your friends list Get a Link to this Reply
My thoughts of AU-50are based on the grading in the Liberty Walking section of the Red Book "slight traces of wear on liberty's head, knee, and breasts, and on eagle's claws and head." However in the next lower grad where it says "all skirt lines are bold" on this coin the highest point of the leg/skirt is visable but not bold like the lower parts of the skirt. All of this is hard to see in this poor scan.

I guess that I am learning that I need to read into several grading areas below and combine the overall results for a particular coin grading.
Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 08/16/2010  6:23 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
The more books you read, and the more experience you have, the better. However, grading is more of an art than a science. Even the experts disagree at times, so certainly folks on this forum will disagree when making a grade judgement based off of a picture.
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