Archive for 'QOTD'
Should I clean my coins? The quick answer is always “no”.
A lot of people who are new to coins think they are doing good to get some ”dirt” off the coin by taking a jewelry cloth to it or putting some chemical on it. Although this can add ”shine” to the coin, that does not add value. It actually detracts from the collector value. Once you alter the original surface and luster, or the patina on a coin a collector will value it less. They prefer a ”dull” but original coin to a shiny one.
Think of it like art. There are professionals who can ”restore” a piece of artwork without damaging it, but you or I would never dare try to clean or restore artwork. The same is true of coins. They can be professionally restored, but when the average person tries to help them they often will do more harm than good. We have seen $100 coins turned into $10 coins really fast because someone was ”only wiping the dirt off”. If you want to keep your coins valuable, then keep them in the original condition. This is true of many collectibles, so before you clean anything, have them evaluated.
QOTD – Question of the day. Real Questions asked by customers.
“What is the highest grade possible on a coin”.
Coins can be graded verbally (Good, Very Fine et al) or by number (4, 20 et al). Based on the number grades the highest possible grade is “70”. The verbal grade would be ”perfect”. On modern coins you will find coins graded Mint State or Proof 70. On older coins, like the Morgan silver dollar it is unusual to see coins graded higher than MS66. It can be fun trying to find ‘perfect’ coins. Many collectors put together a Type Set. In a type set the goal is to get one example of each type of coin. For example, one Morgan dollar, one Peace dollar, one Eisenhower dollar. Most collectors will try to find the most common date coins in the highest grade possible. Others have preferred to put together a set with the rarest possible coins. For Example, 1893 -S Morgan $1, 1928 Peace $1. Some unconventional, and possibly disturbed collectors will try to find the lowest possible grade coins they can find!
Whatever grade coin you are looking for, and for more information on coin collecting give us a call 520-881-7200 or stop by our central Tucson location at 4255 E Speedway (85712).