Skip to main content

Coin Clinic: How Does Restoration Improve Coins?

What can a professional coin restoration service do to improve my coins that I can’t do by cleaning them myself?

Restoration services don’t “clean” coins; they restore them. Such services can remove artificially and deliberately applied contaminants, these contaminants having been caused by improper care or storage. This includes such contaminants as polyvinyl chloride, spots, and fingerprints. Restoration does not include removing scratches, dings and other related issues.

 

Will a properly restored coin be worth as much as a coin of the same grade that never required some form of improvement?

Third-party authentication and grading services are good about identifying coins that have been enhanced improperly or have been properly restored. Either will be identified in the information accompanying an encapsulated coin. Both will likely result in a coin of lesser value than a coin that never needed such servicing. The difference is that the professionally restored coin is typically more acceptable to collectors.

 

Gold coins don’t tarnish. How can I tell if my uncirculated gold coin has its original mint luster?

U.S. circulation-strike gold coins are composed of 90 percent gold, 10 percent copper. The mix results in a coin with a “warm,” orange peel-like glow to the surface when first struck. Uncirculated coins that have been cleaned will retain this orange color within some of the lettering devices. This color should be equally distributed across all surfaces if the coin is truly uncirculated and has never been cleaned.

 

There are some tiny dark spots on the surface of my $20 double eagle. What is this, and is it a problem?

Since circulation-strike gold coins are composed of a mixture of gold and copper, it is the copper that occasionally reaches the surface in an amount sufficient to result in spotting from environmental exposure over time. Some collectors avoid purchasing such coins; however, others understand the presence of such spotting indicates that the coin has retained its original mint luster – in other words, no one has cleaned the coin.

 

Is it possible for spotting to appear on gold American Eagle and American Buffalo gold coins?

There is sufficient copper blended with the gold in GAE coins that, in time, spotting may appear on the surfaces. American Buffalo gold coins are issued of purer gold and, for that reason, are less likely to develop spotting.

The post Coin Clinic: How Does Restoration Improve Coins? appeared first on Numismatic News.

Comments

Popular posts from this blog

Royal Mint Partners with NGC to Offer Certified UK Coins

The Royal Mint, the official mint of the United Kingdom, has partnered with Numismatic Guaranty Corporation (NGC), the world's largest third-party coin grading service. For the first time, The Royal... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Gold goes digital: Dillon Gage introduces DGGold future of direct physical gold ownership, now available to investors

Addison, Texas (August 15, 2018) —  Dillon Gage Metals , one of the world’s largest precious metals wholesale firms and technology innovators in the industry, recently launched its first Digital Metals product: DGGold. This product is the first of its kind to be offered to the retail public through Dillon Gage’s growing precious metals dealer network. It is eligible for purchase on their proprietary online trading platform, FizTrade. DGGold, which utilizes VaultChain Gold powered by Tradewind, delivers an unprecedented method of direct gold ownership to the investment community, expanding on Dillon Gage’s already impressive lineup of product and service offerings. “I am excited to introduce Dillon Gage Metals’ newest product to the individual investor and individual retirement account investment community,” said Mark Furmanek, chief operating officer at Dillon Gage Metals. “DGGold brings an investment product, previously dominated by large institutions and bullion banks...

Heritage Readies Long Beach Paper Money Auction

By Tracy Schmidt  There are many spectacular notes in Heritage’s upcoming Long Beach auction. The top five I will be keeping an eye on are notes of exceptional quality. I look forward to sharing the auction results with you next month. The first note is Lot 20637, a $10,000 1934 Federal Reserve Note PMG-graded Unc. 66 EPQ. According to Heritage, the note is one of just three $10,000s certified by PMG at this level for all series and districts. Having perfect centering, ideal colors, and excellent eye appeal, it should be a great performer. The note is projected to exceed its estimate of $200,000-$300,000. At the time of writing, the note has 13 bids and registered phone bidders; the lot tracking activity stands at 94, and there have been 3,010 page views. Lot 20637 is this $10,000 1934 Federal Reserve Note with signatures of Julien and Morgenthau. (Image courtesy of Heritage Auctions) The second note I am tracking is Lot 20635, a $5,000 1934 Federal Reserve Note graded Very C...