To Clean or Not To Clean Your Coins: We Have an AnswerPosted by Sara Watson on September 22nd, 2017 If you are new to the world of coins, the lackluster, tarnished pieces might dampen your spirit. But in the world of dimes and cents, dirty is beautiful. For that matter, you should never buy gold or silver coins that seem to have been recently cleaned. In the world of numismatics, cleaning is a taboo word. If you ever ask an expert the ways to bring back shine to your vintage coins, the one piece of advice would be this: don't clean your coins. Why? Cleaned coins do not appreciate as quickly as their uncleaned siblings. If you want your collection to fetch a good price over time, judge the pieces by their surface appearance at the time of purchase. How the faces of the coins look can make or break their fates in the international coin market. The preservation of the coin surface has, thus, become a critical price-determining factor for investment coins. An indiscreet, amateurish cleaning attempt may significantly inflict harm on your coins’ surfaces. In fact, destructive scrubbing can diminish a coin's value by as much as 50 percent or even more. At this point, you must be wondering how cleaning might impair a coin’s value. To know that, you have to learn about two concepts – cartwheel effects and flow lines.
When Cleaning Coins Can Be an Option When you are selling some coins that bear a common date in the twentieth century (1900 to 1999) and have been cleaned, most dealers will offer you only a meager amount over their bullion values. You cannot expect to get any better price even if you use renowned grading services like PCGS or NCG to get them cleaned. All your investment in trying to get them graded and slabbed will be wasted. However, there are exceptions. Sometimes, dealers do offer a good price for coins that have been cleaned. Such bending of rules applies to those pieces that are so rare that people are eager to collect them despite their damaged surfaces. Coins that date back to the 19th century and earlier, generally enjoy such leniency. Also, dealers will acquire your coins with any devaluation if the coins were cleaned long ago. So, what should you do when you suddenly come upon something that’s very very special such as a rare Indian Head Cent from 1909 (a coin that can fetch you a princely sum of 0 anytime) or a US 1834 or 1835 series silver dollar? Thanks to the time on them, they are likely to come dirty and tarnished. You may be in two minds – should I take the risk of cleaning it or should I leave it in its present condition? What if the coin gets damaged in the process? Our answer would be: take the risk; but proceed carefully. Here are a few tips that would help you get some shine back on your antique coin without affecting its value in any way:
If you are new to the world of numismatics, keep two points in mind. First, always buy gold or silver coins that have no history of cleaning. A cleaned coin will show very little appreciation and will not add any significant value to your collection.Secondly, never clean any of the coins in your collection. Even if you must, always seek professional help. If you feel that any uncirculated, proof, or copper alloy coins in your collection need some treatment, consult your dealer, first. They are the best people to advise you on the care and handling of these products. Like it? Share it! |