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  #1  
Old 01-27-2017, 08:59 PM
Glennz Glennz is offline
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Default how much decreased value on au condition coin

Well i have an 1865 2 cent piece in AU condition 55 or greater that has some enviromental rust bubbles damage (probabl came from a coastal state. How much might this drop its value?

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  #2  
Old 01-28-2017, 09:45 AM
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Hard to say without a pic Glenn?...Theres some pretty astute numistmatists that hang out here that could put you in the ballpark with a decent pic or two..so yeah...see if you can upload a pic?
Mud

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  #3  
Old 01-28-2017, 12:09 PM
zeemang zeemang is offline
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Coin folks are REALLY picky, so i would say rust bubbles would just about kill the value, environmental damage.

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  #4  
Old 01-28-2017, 12:27 PM
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Without a pic its impossible to give any kind of reasonable answer
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  #5  
Old 01-28-2017, 02:04 PM
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I'd have to say the 5% tin/zinc (95% copper) is the source of corrosion. I've dug a couple in Michigan that have the rust bubbles. Hard to say the value, who knows what the right person might pay.

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  #6  
Old 01-28-2017, 04:15 PM
Glennz Glennz is offline
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Finally got pics..




had to get better lighting

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  #7  
Old 01-28-2017, 04:37 PM
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That's an awesome coin! I'm not familiar with coin grading at all.

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  #8  
Old 01-28-2017, 04:41 PM
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Originally Posted by bruinvikes View post
That's an awesome coin! I'm not familiar with coin grading at all.

Yeah, that one grades au55+ and replaced the one in my collection that graded vg8-f12 if i recall which i'll sell.

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  #9  
Old 01-28-2017, 08:53 PM
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That is a sweet 2 cent piece!

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  #10  
Old 01-28-2017, 10:16 PM
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$ 80.00 at AU 50. $ 110.00 at MS60. Its in good shape but needs restored. Great find.

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  #11  
Old 01-29-2017, 12:11 AM
zeemang zeemang is offline
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That has a bunch of dings around the rim, i am not an expert but i really doubt it would grade that high... Sweet find though!

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  #12  
Old 01-30-2017, 01:27 PM
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I hate to say it, but those little corrosive marks will override the AU grade. AU means what it means, almost un-circulated. For the most part, an AU grade is just under mint status with only minor wear and blemishes/nicks/marks. The coin is still cool and valuable, but you would have to bring it to a local coin shop for review and appraisal. Keep in mind most local coin shops will take a direct 40% off red book values and use gray sheets.

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  #13  
Old 01-30-2017, 03:17 PM
Glennz Glennz is offline
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Originally Posted by spenglure View post
I hate to say it, but those little corrosive marks will override the AU grade. AU means what it means, almost un-circulated. For the most part, an AU grade is just under mint status with only minor wear and blemishes/nicks/marks. The coin is still cool and valuable, but you would have to bring it to a local coin shop for review and appraisal. Keep in mind most local coin shops will take a direct 40% off red book values and use gray sheets.
Yeah. I won't be selling it any time soon... but i normally try to get all my coins at a rate in which i can sell to a dealer and make profit... its harder this year than last year but i occasionally find something

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  #14  
Old 02-04-2017, 10:51 AM
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GREAT find!!

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  #15  
Old 02-04-2017, 11:41 AM
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Great coin and Find ,Congrats HH
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  #16  
Old 02-13-2017, 02:50 PM
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As a former coin dealer and lifetime coin collector I can tell you honestly that though the coin is in good shape not counting the environmental damage, it would be difficult to get good money for it. The reverse side is especially bad.
I know this may seem like bad news but I'm being truthful. Gorgeous coin otherwise....
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  #17  
Old 02-16-2017, 07:42 PM
Glennz Glennz is offline
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Originally Posted by diggin4clad View post
As a former coin dealer and lifetime coin collector I can tell you honestly that though the coin is in good shape not counting the environmental damage, it would be difficult to get good money for it. The reverse side is especially bad.
I know this may seem like bad news but I'm being truthful. Gorgeous coin otherwise....
Its going in my collection so i'm not too worried, although i can always get more than i bought it for.. I don't deal in high end yet so this is probably the highest detail one i will own for a while. Some day i might find a better one. I typically only get key dates be being lucky or finding say an 1823 large cent represented as an 1828 large cent in a lot of 6 coins

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  #18  
Old 04-18-2017, 03:54 PM
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You'd be lucky to get $20 for it with the extent of enviro damage on it.

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  #19  
Old 06-12-2017, 08:44 PM
go-rebels go-rebels is offline
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Can you post the pics again?
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