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bill

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Posts posted by bill

  1. I think most of us here would say no. There are times when coins need to be "conserved," but that is a task best left to those who know what they are doing. I can relate the experience of a friend who sometimes cleans dirty pieces with MS-70, basically a coin "soap." Most of the time it works fine, but sometimes he damages or destroys an attractive piece when he thought the action would be perfectly safe. In general, its a really bad idea.

  2. I wish you would stop posting items such as this tiger. I have enough things to collect as it is. I do not need to collect anything else, yet your posts get my blood running. Beautiful piece and the collector number adds a degree of character. Congratulations on an excellent addition to your collection.

  3. I crack pieces out of slabs when I buy them for my research interests (which are always my collecting interests). If I do not need to examine it more closely, I usually leave it in the slab because of the "value" problem.

     

    Some examples:

     

    I bought this set slabbed, but I wanted them in their original box for photography and publication. They are very small and difficult to properly photograph if you want to re-create the set in the box in a photograph. I lost value when I cracked them out, but they were more important and useful for my purposes out of the slabs and in the original box.

     

    5617963763_279f8d0fa6_z.jpg

     

    A second example (no pictures) are cases where information is lost when the piece is in a slab. I am currently researching a so-called dollar that is listed in the catalog as being struck in silver, silver-plated copper, copper, and aluminum. I have all four, the silver piece being encased in a slab and labelled silver. After a couple of years studying these pieces, weighing them, and performing specific gravity tests, I came to the conclusion that there are no silver pieces, only silver-plated. At the end of my studies, I broke out my NGC "silver" piece. Guess what? It weighs the same as the silver-plated pieces and has the same specific gravity. A silver piece must weigh more than a silver-plated copper piece since silver is denser than copper (hence the higher specific gravity). I had the silver piece, the silver-plated piece (known to be plated because the underlying copper shows through at worn high spots), and a heavily toned (black) silver piece with traces of copper showing in a rim ding. The silver piece tested 99% silver. The silver-plated piece tested 98% silver. The heavily silver tarnished plated piece tested 78% silver. Non-destructive testing devices used in coin stores only measure the surface of a piece.

     

    I lost about half the value of my silver piece by cracking it out of the slab, but I would be remiss to sell the piece as silver when I strongly suspected it was not. Without knowing the weight of the piece, there is no non-destructive way to prove any of the so-called silver so-called pieces are in fact silver. Given the size of these pieces, a true silver piece should weight 4 to 5 grams more than the silver-plated pieces. So far, I have not encountered one that met that test. Given that "silver" pieces are slabbed without a weight on the label, there is no way to prove that the "silver" on the label is correct and I believe they are all wrong.

  4. Not an anti-Nazi token, but this satirical piece carries the American argument back to the late 1800s. The dispute over the value of gold and silver was essentially the same argument as today, do we have a restrictive monetary policy to protect wealth or a liberal monetary policy to promote prosperity. Greatly simplified, but the mechanics are roughly the same with gold and silver hard money taken out of the equation.

     

    999744.jpg

  5. I've used a hammer striking on the edge at the corners, moving from corner to corner until the slab cracks. Then I've use the screwdriver to finish the process. It takes a few times to learn to swing the hammer (actually the flat head of a heavy hatchet) with enough force to crack the slab, but not so much that you actually shatter the plastic. The vise looks cleaner. I have glasses for eye protection just in case.

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