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What About Cleaned Coins?

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Bedrock of the Community
United States
20753 Posts
 Posted 03/14/2011  4:19 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
This subject is really a good topic. I say that since I go to about 2 to 4 coin shows a Month and there are many, many dealers that sell cleaned coins. And some are really cleaned excessively and some just a minor cleaning to probably remove gum, tape, etc. Such coins in 2x2's or other flips are seldom ever noted as cleaned. I've only seen a few dealers that note that on a 2x2 or other flip. Most wait to see if you notice a cleaned coin and if you do, I'm always shocked when that dealer looks at me as if "I really didn't notice that" and yet the coin looks like it was just went over with a belt sander. In many instances I've had dealers try telling me OH, that is just a weak strike. I could only imagine how many hew collectors leave coin shows or coin stores with cleaned coins and don't know. One rather famous coin store in my area is famous for cleaned coins and yet they still have many customerss. And they never tell anyone that a coin was cleaned. Again, though why should they? The history of a coin is actually not the responsibility of a dealer. Sad but true.

Quote:
The average age in our group is 64 including 8 members in there 20'S and 4 members 30-50.

Coin Chaser: Here is an odd note about ages. At all the coin shows I go to I too see almost all are in their elderly age groups. Yet at a coin show last Sunday I think I saw about 20% to 30% of even the dealers in their early 30's or even 20's. One dealer I was talking to I think was not much more than in his teens or just really look young. For the first time in a long time I saw at least 10 or more kids, 20 or more females and too, a sort of shortage of us old people. I wonder if things are changing?
Valued Member
Coin Chaser's Avatar
United States
307 Posts
 Posted 03/14/2011  5:12 pm  Show Profile   Bookmark this reply Add Coin Chaser to your friends list Get a Link to this Reply
At the FUN show we saw many younger people and more women than I had seen before. Both buyers and sellers. You confirmed that in other areas the sellers at shows might not point out that a coin has been cleaned. One friend bought a Morgan 1885 CC that had been through the mill with much abuse but he told me it was with in his budget and he was happy. Under his breath he said to his son I can sell it for more than I paid. When others mentioned the condition to him He said they were jealous. Such is life.
Pillar of the Community
United States
539 Posts
 Posted 03/14/2011  6:25 pm  Show Profile   Bookmark this reply Add weavus135 to your friends list Get a Link to this Reply

Quote:
The history of a coin is actually not the responsibility of a dealer.


And to some extent, how could it be?

I don't collect some of the same things as others here but I've always thought that the chance of a coin that shows really nicely not having ever been cleaned has got to pretty small. Now maybe that doesn't hold true for some of the US silver (I don't collect that) but I've seen some very nice looking early 20th century world coins (not expensive by a Morgan standard) that could not have been preserved that well without a little help some time in its past. By the time I've acquired it, the cleaning (assuming it wasn't the wire brush kind) has long been covered by circulation or other toning

I'm less of a purist when it comes to this. Again partly driven by the fact I'm not collecting precious metals.
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