Gerry in Idaho Posted March 1, 2019 Author Share Posted March 1, 2019 20 hours ago, Rob said: Hit a California beach last Saturday Feb 23rd and was surprised to find the following "crusty black disks".....all very worn, and all requiring electrolysis to determine what they were. 1945 Walking Liberty Half Dollar 1900 Barber Quarter 3 Barber dimes - unable to determine dates All found with a CTX 3030 That's what I'm talking about right there. Love those "crusty black discs". Fantastic saves Rob and thanks for sharing. Hope to see more of your finds on here too. Link to comment Share on other sites More sharing options...
BeachHunter Posted March 2, 2019 Share Posted March 2, 2019 Awesome finds! Congrats on the Coins. Link to comment Share on other sites More sharing options...
GB_Amateur Posted March 2, 2019 Share Posted March 2, 2019 On 2/26/2019 at 9:21 AM, Gerry in Idaho said: Very nice save TMox. Please give us the story with that Seated save. Key Date coin too (low mintage 80K) makes it even more desirable. Yes, great find, and it's potentially even more valuable than the mintage indicates. The finest known example is only an MS-55 (almost uncirculated). (Professionally graded) F-12 (fine condition) gets the value into 4 figures. I can't tell from the pics what grade yours (Tmox) is. Had it already been cleaned when you took the pic? I see some white crystals on your fingers in the photo. Was that just residual sand? I'm sure I harp on this too much, but this is a case where less than professional cleaning could be extremely costly. 1 1 Link to comment Share on other sites More sharing options...
Tmox Posted March 2, 2019 Share Posted March 2, 2019 4 hours ago, GB_Amateur said: Yes, great find, and it's potentially even more valuable than the mintage indicates. The finest known example is only an MS-55 (almost uncirculated). (Professionally graded) F-12 (fine condition) gets the value into 4 figures. I can't tell from the pics what grade yours (Tmox) is. Had it already been cleaned when you took the pic? I see some white crystals on your fingers in the photo. Was that just residual sand? I'm sure I harp on this too much, but this is a case where less than professional cleaning could be extremely costly. Thanks for the post and information. That's sand on my grubby little mitts and the only cleaning has been a freshwater rinse. it's actually pretty hard to read the date on this one, the reverse is in better shape. I'm pretty sure this one is a small "s". I will follow your sage advice! I have to admit the thought crossed my mind to place the coin on a piece of tin foil, put baking soda on it and cover with boiling water-- the crazy things you read on other detecting forums! I'll just stick to the "detector prospector"! Thanks again, Tim 1 Link to comment Share on other sites More sharing options...
Gerry in Idaho Posted March 3, 2019 Author Share Posted March 3, 2019 11 hours ago, GB_Amateur said: Yes, great find, and it's potentially even more valuable than the mintage indicates. The finest known example is only an MS-55 (almost uncirculated). (Professionally graded) F-12 (fine condition) gets the value into 4 figures. I can't tell from the pics what grade yours (Tmox) is. Had it already been cleaned when you took the pic? I see some white crystals on your fingers in the photo. Was that just residual sand? I'm sure I harp on this too much, but this is a case where less than professional cleaning could be extremely costly. Folks, Silver coins that have been in salt water for years eventually pit. The value of these coins is not even close to what book says. Book is just an indicator and almost never the genuine price. Coin Tracker and Grey Sheet are more inline to what someone will pay. That coin could have XF detail, but more likely F or VF and it would get serious downgrade for Environmental Damage. I am only saying this as I want folks to be realistic. It is a superb find no matter if it is worth melt or 4 figures, but the photos of that coin is not even close to 4 figures. On the bright side. It is a Seated Liberty Quarter that has a readable date and mint mark and YES it is a very low mintage. Fabulous find either way and I would be proud of saving it. Link to comment Share on other sites More sharing options...
The Seeker Posted March 3, 2019 Share Posted March 3, 2019 6 hours ago, Tmox said: Thanks for the post and information. That's sand on my grubby little mitts and the only cleaning has been a freshwater rinse. it's actually pretty hard to read the date on this one, the reverse is in better shape. I'm pretty sure this one is a small "s". I will follow your sage advice! I have to admit the thought crossed my mind to place the coin on a piece of tin foil, put baking soda on it and cover with boiling water-- the crazy things you read on other detecting forums! I'll just stick to the "detector prospector"! Thanks again, Tim That type of cleaning is only meant for coins with no real value. I clean my silver coins using that method since they are worth under $50. If I ever find a valuable coin I will only pour water on it and there will be no rubbing, soap or any other chemical. Congrats on the great coin. 1 Link to comment Share on other sites More sharing options...
GB_Amateur Posted March 3, 2019 Share Posted March 3, 2019 15 hours ago, Gerry in Idaho said: The value of these coins is not even close to what book says. There are three prices to most everything that has lasting value: the retail price (e.g. Red Book and PCGS), the wholesale price (e.g. Grey Sheet) and the real price (e.g. prices realized on Ebay). All of those assume correct grading. PCGS prices in particular are for professionally graded coins, which makes them even higher than many retail price lists. It's human nature to think what one has is more valuable than it is, and what someone else has is less. (See https://www.amazon.com/Predictably-Irrational-Revised-Expanded-Decisions/dp/0061353248/ref=sr_1_2?crid=6ZVKFFY8GOG&keywords=predictably+irrational&qid=1551629635&s=books&sprefix=Predictably%2Cstripbooks%2C165&sr=1-2) IMO there is balance required to temper the two extremes: thinking a find is more valuable than it is, and undervaluing by rubbing, cleaning, etc. to the point of damage. Both of these may seem obvious, but neither is. 1 Link to comment Share on other sites More sharing options...
Gerry in Idaho Posted March 3, 2019 Author Share Posted March 3, 2019 Well put GB. Just like some of my gold nugget finds. Some folks say they are high dollar and others feel they are more common. I know for a fact they are worth at least "melt value". But in reality...they are not worth anything until the day they are sold. I had stock one time worth over $100 a share and then the semi conductor market crashed and my $100 stock was worth $6. Funny thing was, I never actually had the cash sitting in a pile in front of me, it was all on the internet. So 1 day it would be valued at $100,000 and the next it is valued at $6000. At the end, it is just a number. The cool thing about Tim's find is he found it and can look at it every day. He'll remember that day and the excitement it generated. Link to comment Share on other sites More sharing options...
jinmon Posted March 7, 2019 Share Posted March 7, 2019 Glad this thread was started! I went out a couple times recently and found some really pretty pebbles. I’m still learning this Equinox... ? I thought I’d do better after the rains too but now I’m going to blame it on unexciting beach erosion and not user error. (It’s always user error...) I did start wondering if I’d do just as well panning out the low areas of the beach where darker pebbles were gathering as I was with my detector... -Julie 2 Link to comment Share on other sites More sharing options...
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