The value of old coins
The coin age is directly related to the amount of wear and tear that it has received. The older coins are more valuable than modern coins. The value of old coins varies depending on many factors, such as metal content, demand, rarity, condition and whether or not they’re in “mint” condition (a term used to describe coins without any loss of detail).
Many people look for buying certain types of these coins during their lifetime. Some common examples include: Expired U.S. paper money older silver dollars foreign currency Coins with errors Coins made from unique alloys. The value of old coins is not limited to being a fun collectible item. As part of collecting and trading coins, you’ll want to maintain their condition as much as possible and you may have wondered at some point if you’ll be able to clean old coins? We’re here to give you the lowdown on exactly what to do and what not to do when cleaning coins.
The coin’s surface is covered in green slime
So you come across an old coin and decide to take it home, but the next day when you look at it under a magnifying glass or with a microscope (which is how they do most of this stuff), what you see will actually make you sick. The coin’s surface is covered in green slime. Yes, slime. It is almost as if someone had left that particular coin out for weeks and then sold it to some sucker like yourself for their own personal amusement. Some of my family members found one such coin at a garage sale some years ago and passed it around until some brave soul decided he’d “take it apart” using only his fingers as tools instead of any sort of cleaning utensil whatsoever. That was where all of his fingers had to be cut off. Yes, each one. And no, he didn’t die.
However, if you decide that this is not the first time that particular coin has been cleaned, and then you may need to spend a little extra time cleaning it yourself with the methods described below.
How should old coins be cleaned?
Despite all odds, you should not even clean old coins! It may be your instinct to want to make old coins look as beautiful as possible if you collect them or wish to sell them. Nevertheless, old coins should not be cleaned because their tarnish and marks of age are actually part of their charm. In addition to the rarity, the mint where the coin was produced, and the condition of the coin, collectors grade coins based on a variety of factors. A coin’s surface aesthetics, such as dirt and grime, are not as applicable to deciding its condition.
Coin collectors actually appreciate and desire patina, the greenish film that forms over time on old metals due to exposure. The patina on rare coins can greatly reduce its value, so it’s best not to remove it. Almost no coin collector cleans their coins because of this. Many coins will devalue after you clean them after you’ve cleaned them. 99% of coins will not increase in value after cleaning.
Unless you plan on really trying to clean up your coin collection, a quick rinse with water or a very light brushing should be the absolute limit. Make sure the coins are not rubbed, let them air dry. Brass or silver coins that have been polished shiny have lost the majority of their value.
Gold, silver, nickel, and copper coins are prohibited from being cleaned. You can try cleaning coins rather than loose change, however, if you want to really get stuck in and try it out. If you really want to get started, simply clean loose quarters and dimes instead. Try a penny or something like that.
Coin cleaning is a task that has a variety of methods, but the internet’s top method is to clean coins with coke. One coin can be placed in a glass or tub, with coke poured on top so it is completely submerged in the liquid. If the coin takes a long time to soak, check its condition after a couple of minutes. It can soak for up to 15 minutes if you feel that it needs more time.
In addition to cleaning old coins, what other ways are there?
Listed below are some other methods you could try to clean a coin if you really need to. As a first step, you should hold the coins by their edges. This should reduce any damage you might encounter when handling them.
Rinsing a coin in distilled water might be the gentlest way to clean it. Several metals used in coins can react chemically with fluoride, which is added to most water today. Thus, using distilled water effectively eliminates some of the risks associated with damaging the coin.
Another method you can use is to soak the coins in vinegar. Rinse off the vinegar and allow the coin to dry after immersing it in vinegar for around a minute. You can substitute tomato paste or ketchup for vinegar if you don’t have any on hand. Ketchup contains acidity from vinegar and tomatoes. As the acid attacks and removes oxides from the coin’s surface, any corrosion will be removed as well.
Does it make sense to sell old coins that haven’t been cleaned?
Yes! The coin collectors, or numismatists as they are known in the trade, don’t mind minor dirt or discoloration. Old coins shouldn’t be cleaned before being sold, instead, they encourage it.
Are you looking for an easy and convenient way to make a good profit from old coins that you want to sell? You have come to the right place. Whenever we find an old coin, we at Vintage Cash Cow love digging it up! We can easily see past the grime on a coin’s surface to assess its true value, adding to the mystique of its past.
Vintage Cash Cow: How does it work?
Collect any old coins you want to sell, as well as any other old valuables you feel like you should sell. Put them in a padded envelope and send them to us with our free postage labels. Once your items arrive with us, we’ll inspect them thoroughly and make a value-based offer based upon what we think they are worth. You will likely receive a larger amount if you send in more items.