Value of ED detected coins

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silverhorse65
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Value of ED detected coins

#1 Unread post by silverhorse65 »

In light of Daniel's youtube video on 8/15/22 about the proliferation and false advertising of damaged/mint error coins on ebay, I thought I might ask about the potential value of environmentally damaged coins that have been found through metal detecting. I know some silvers can come out of the ground not showing much in terms of environmental effects, but what about the old nickels and pennies such as Buffs, V and Shield Nickels, Large Cents, and IHP's, etc.

Due to copper/nickel content, these all tend to show environmental damage when dug from the earth. I understand that this would tend to make them "less than good" to a collector. Just wondering, as long as advertised as such, is there still a viable market for somewhere between no value and the generally-listed value of "good" online?

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Paul
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Re: Value of ED detected coins

#2 Unread post by Paul »

"Just wondering, as long as advertised as such, is there still a viable market for somewhere between no value and the generally-listed value of "good" online?"

I think there is.....JMO
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Re: Value of ED detected coins

#3 Unread post by Earle42 »

I agree. But as to there being a set price range, there is none I am aware of. So I cannot say something like, well, take off 30% of book value). It does not work that way. Very rare coins can still bring a decent profit when dug.
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Re: Value of ED detected coins

#4 Unread post by Daniel »

There's a market for "dug" coins but they're worth less when damaged or corroded and should be described as such.

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Re: Value of ED detected coins

#5 Unread post by JTCC »

Daniel wrote: Tue Aug 16, 2022 6:41 pm There's a market for "dug" coins but they're worth less when damaged or corroded and should be described as such.
I agree.
U.S. cent lover!

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