Coin Collecting : How to Clean a Gold Coin
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- čas přidán 2. 04. 2010
- The process of cleaning a gold coin will typically reduce the value of the coin substantially, so it's important to visit a professional before deciding to clean a coin. Find out why coins should never be cleaned at home with help from a second-generation numismatist in this free video on cleaning gold coins.
Expert: Brian Kuszmar
Contact: www.thecoinbroker.com
Bio: Brian Kuszmar is a second-generation numismatist, and the owner of Commercial Rare Coins LLC in Lauderdale By The Sea, Fla.
Filmmaker: Paul Muller - Zábava
It's good to see some good advice at last.
Good video
How about instead of tricking people into watching your videos with bogus titles, you title the video with what it's actually about? Nothing in this video is about HOW to clean coins. It's all about whether you should or not. Some people (like me) have coin collections that they do not plan on ever selling and would rather have them clean and shiny for themselves. I am trying to find a good way to clean my gold coins and everywhere I go, I'm finding reasons to why they should never be cleaned to avoid lowering the value. I am not concerned about the value as of now. I'm simply collecting coins from different countries because I want coins from different countries. I do not want to sell them. Re-title the video with "Reasons to not clean your collective coins" instead of "How to clean gold coins" when you mention no way to do so. Rant over.
That's because you shouldn't clean them, if you are still looking to clean them you clearly don't understand something.
Skyscrapers & MegaProjects You failed to understand his rant.
I'm going to polish an 1885 $5 Gold Liberty this weekend with Dialuxe gold polishing compound 😬😳
And a dremel 😆
@frankos rooni I polished it friday night, no joke. Wish I could post pictures in the comments.
Can you use a eye glass cloth on gold bullion
i seen the same 1905 coin that I have go for 1700 dollars on ebay is that the normal kinda price? i found a website with dates and prices on and it seems about right
Where can I sell my gold coin dollar at in kings Mountain NC
i dont think it made any difference it wasnt even a wet cloth, i just dabbed it on the fosset and washin up liquid bottle an gave them a light rub they dont look any different from before rubbing them, do you know the value of an 1895 20 dollar gold coin and a 1905 one? many thanks and hi from London UK (notice how I used the word fosset cause I know you'd be wondering what a tap is lol)
thanks i have 3 gold coins and i have no use for them, i think they are cool but i would rather them be in the hands of someone who is more interested in them then i am so i was about to clean them but came to this video first. That was a close one lol
@AFMier Actually as a coin collector i suggest not to clean coins too because as he said it lowers the value.
How to clean your coin: Don’t.
You saved me from making a grave mistake.
oh no I just wiped a 1905 20 dollar gold coin with a damp cloth an washing up liquid will it be ok?
ITS NOW ONLY GOLD MELT VALUE ,,,, HA HA HA
But i don't like barnicles... and i don't collect them. I just deposit my wealth in gold form cuz of petro dolar crashing...
I knew a guy who hid his gold in his radiator for 22years and the coiñs were a disfigured and we'll the sovereigns had 🐝 totally unrecognisable I bought it all made it to an ingot a 83 gram ingot off pure gold made 2gs
I wish I saw this before taking a wire brush to my 1915 Panama Pacific octagonal coin :/
Really. Dam!
First off you should never clean a coin, it might make it look like an AU or Unc coin but in price wise it down grades it to a good. The only people ( dealers) that clean a coin and then try to pass it off as original are rip off artists that you should run from, if you sell a cleaned coin you should be upfront and honest about it, as a sell your reputation is on the line.
Never ever clean your coins. Let it tarnish/tone naturally. I've done that mistake myself.
Just tell how professionals clean. I am sure it is not rocket science
YOU BRUSH IT WITH A METAL BRUSH , HA HA HA HA
i clean them with e.Z.est Coin Cleaner its the best no scratch just put the coin in e.Z.est Coin Cleaner then in water thats it :3
Never take a shower either. Women love a man with an earthy smell.
Don’t clean your coins, only your nose.
What's he talking about? The coin is still worth it's value in weight. You're not going to lose 20k just from scratching it up. BS.
Collectible coins can be worth more than their weight in gold.
Yeah I think we all get that, but this guy doesn't seem to remember too many details from his "true" story to be convincing enough. If the coin was from ancient Rome or part of Napoleon's sunken treasure or something like that I might be persuaded, there's just not enough here to go on.
I am a dealer and I am sorry but this account happens over and over again in the numismatic world. I personally was helping out a couple that needed the money because of health issues. Two of their best coins were a Capped Bust half dollar from the early 1800's and a 1936 commemorative half dollar. Unfortunately they cleaned them before they handed them to me and turned an $800 AU capped bust into $300 capped bust. The commemorative went from $250 to $50.
If you do not believe this then go purchase two PCGS graded Proof 70 American Silver Eagles. Crack them both out, clean one with abrasives like described above. Take them both to a coin shop to see what you get. You will not even be offered melt price on the cleaned coin. The dealer will pay below melt and then *throw* it in the ounce bucket with all the other beat up silver ounces and sell it for a dollar over spot... The gentleman in the video is speaking of *Proof Gold*, the slightest scratches on a proof from just moving the coin in and out of a flip stand out like a sore thumb and can greatly hinder the value.
In addition if you resubmitted the cleaned American Silver Eagle to PCGS they will immediately kick it out as a 'No Grade" and it will come back 'Unc Details, Cleaned". Not many years ago they just charged you $20 or $30 and sent it back in a small zip lock known as a *Body Bag*, either way the coin is dead!
Regarding its value in weight, a $20 gold coin has just under an ounce of gold and in this account gold was probably well under $1,000...$1,200 at the very most. $3,000 means they still got multiples of the gold price, they just destroyed most of the numismatic value and someone probably bought it as a filler coin for their collection until they can afford the $20,000 for a premium example.
This is only true for proof coins. And what idiot buys those? If you need to sell a proof coin it can take forever to sell. And if desperate you’re only going to get the gold value. So the lesson here is never buy gold proof coins. Just buy regular gold bullion coins.