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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
 Posted - 08/09/2008 : 11:24:40
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I got back from a week vacation in the U.P. along the Lake Superior coast. I borrowed my dad's metal detector and found this Libery nickel on the beach.
In the condition it is in, I can't even spend it like a nickel, if I clean it, it is only worth a nickel...
All things considerd, my first though is that if all I'm going to have is 5 cents, then at least have a presentable 5 cents and go ahead and clean it...
Most of the folks on this forum have a whole lot more experience in numismatics than I, so I would like to ask, what you would do in this situation?
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Edited by - Bluegill on 08/09/2008 11:25:57 |
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pencilvanian
1000+ Penny Miser Member
USA
2209 Posts |
Posted - 08/09/2008 : 12:25:42
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1884 V nickel, G-4 condition, $4 per 2006 Bluebook.
Put this coin in an envelope, write on the envelope where this coin came from and how it was found, sell as a metal detector relic find for $3. People will buy just about anything if the price is right.
Did this coin come from a careless bather or from a shipwreck that happened on Lake Superior? We can never know, but the mystery of this coin's past adds to its value even if it isn't in perfect condition. |
Edited by - pencilvanian on 08/09/2008 12:26:58 |
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aboxaweek
Penny Collector Member
USA
326 Posts |
Posted - 08/09/2008 : 18:16:56
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| or if you have some display case at an antique shop you could price it at 8 dollars and mark it 50% off. lol |
*HUCKABEE*
___08'____
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 08/10/2008 : 00:20:15
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I would keep it as is. My local coin club has a "Dog of Dogs" ugly coin contest every year.. that one might be a contender.  |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 08/10/2008 : 14:29:49
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quote:
Originally posted by pencilvanian
1884 V nickel, G-4 condition, $4 per 2006 Bluebook.
Put this coin in an envelope, write on the envelope where this coin came from and how it was found, sell as a metal detector relic find for $3. People will buy just about anything if the price is right.
Did this coin come from a careless bather or from a shipwreck that happened on Lake Superior? We can never know, but the mystery of this coin's past adds to its value even if it isn't in perfect condition.
That's not a bad idea. Only problem is, I wouldn't be able to prove where I got it. It probably wouldn't matter if I did that in the vacation/tourist area up there. Could probably get double that in one of those tacky rip off souvenir shops.
My '08 Redbook shows $18 for that coin in G-4. How on earth could the value more than quadruple in 2 years...
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horgad
1000+ Penny Miser Member
USA
1641 Posts |
Posted - 08/13/2008 : 09:18:09
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Soak it in olive oil for a week, rub with a soft clean rag, repeat for up to 6-10 weeks. That will remove a small amount of the crud and bring out some more details without harming the coin. Don't try it on a valuable coin until you have some experience at it. It takes some time and in the end you usually only gain some small subtle improvements to the coin, but it is worth a try. IMHO
I have done this to many pennies with positive results and it is suppose to work just as well on nickel. Also I have tried it on steel pennies, but it was not worth the effort as it didn't seem to do a darn thing.
Others will say "never clean a coin, period", but I am not so sure. If I get a chance, I will do some before and after pictures so people can decide... |
Edited by - horgad on 08/13/2008 09:20:54 |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 08/13/2008 : 12:03:37
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quote:
Originally posted by Bluegill
quote:
Originally posted by pencilvanian
1884 V nickel, G-4 condition, $4 per 2006 Bluebook.
Put this coin in an envelope, write on the envelope where this coin came from and how it was found, sell as a metal detector relic find for $3. People will buy just about anything if the price is right.
Did this coin come from a careless bather or from a shipwreck that happened on Lake Superior? We can never know, but the mystery of this coin's past adds to its value even if it isn't in perfect condition.
That's not a bad idea. Only problem is, I wouldn't be able to prove where I got it. It probably wouldn't matter if I did that in the vacation/tourist area up there. Could probably get double that in one of those tacky rip off souvenir shops.
My '08 Redbook shows $18 for that coin in G-4. How on earth could the value more than quadruple in 2 years...
You hardly need to prove a good story... check ebay for confirmation of this fact. |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
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Passive Income blog |
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Bluegill
1000+ Penny Miser Member
USA
1964 Posts |
Posted - 08/13/2008 : 15:44:42
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quote:
Originally posted by legacypac
quote:
Originally posted by Bluegill
quote:
Originally posted by pencilvanian
1884 V nickel, G-4 condition, $4 per 2006 Bluebook.
Put this coin in an envelope, write on the envelope where this coin came from and how it was found, sell as a metal detector relic find for $3. People will buy just about anything if the price is right.
Did this coin come from a careless bather or from a shipwreck that happened on Lake Superior? We can never know, but the mystery of this coin's past adds to its value even if it isn't in perfect condition.
That's not a bad idea. Only problem is, I wouldn't be able to prove where I got it. It probably wouldn't matter if I did that in the vacation/tourist area up there. Could probably get double that in one of those tacky rip off souvenir shops.
My '08 Redbook shows $18 for that coin in G-4. How on earth could the value more than quadruple in 2 years...
You hardly need to prove a good story... check ebay for confirmation of this fact.
You are right. What was I thinking. If I didn't have such a disdain for Ebay, I might actually give it a try.
Actually I've decided to give it to my nephew to do as he pleases. Technically it's half his. He was the one on his knees in the wet sand who dug it up, while I supervised with the detector in one hand and an ice-tea in the other.
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just carl
Penny Hoarding Member
USA
601 Posts |
Posted - 08/17/2008 : 07:57:19
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| Regardless of what the Red Book says about values, that coin is far, far from G-4 or even G-3. Don't use Olive Oils to clean coins. It leaves a residue that eventually will cause even more damage. Your best bet is to clean this one. As is, not worth anything. If cleaned, still worth a few dollars. All depends on if you want to experiment. I would start with just plain distilled water for a few days. You could go to a paint store and purchase Acetone and try that on that coin. Regardless of what you attempt, the removal of that corrosion will take some of the coins metal off also. This appears to be a great coin for experimentation in corrosion removal. Just remember that purchasing materials to do that may far out weigh any value of that coin. |
Carl |
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pencilvanian
1000+ Penny Miser Member
USA
2209 Posts |
Posted - 08/18/2008 : 22:56:19
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My '08 Redbook shows $18 for that coin in G-4. How on earth could the value more than quadruple in 2 years...
My error Bluegill, I was quoting the price of a 1884 V nickel from the Blue book (what the dealers pay for coins) not the Red Book (what the dealers sell coins for.) and the Blue book is a couple of years old at that. |
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What would you do..?
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