Bringing New Value to Slicks

[beauanderos]

Is there any way.... this is addressed to all you CIS buffs... to determine the obliterated dates/mintmarks on heavily worn slicks? Something like they do with chemically-treated buffalo nickels to raise the date, but that wouldn't damage them? Maybe viewing them under some kind of high-powered magnification? Just a silly moment of musing, but imagine how much the coin collecting community could be affected if something like this could be accomplished without damaging the coin? We could create an entirely new category of coin grading... at one end BU... at the other FU... or, for the more politically correct About Good 1 Just think about how many high dollar coins have been dumped merely because someone had no idea as to their incredible worth as slicks? I mean, c'mon... we save all the no stars obverse standing liberty quarters, right? Even though you can't read the front?

[TXBullion]

A while back Brian attempted to differentiate with an xray and had no luck. I am sure there has to be a way

[beauanderos]

I'm thinking about doing a test run on ebay. Picture half a dozen absolute slicks. No date even partially visible. Market them as silver bullion and list correct gram wt, and their worth at current melt. But THEN... in your description... get very creative. Create a mental image of "what if."

"It may not be possible now, but what if, in the future, a method is developed to accurately determine the dates and mintmarks that are obscured on heavily worn coins? Coins in the worst currently valued grades now (AG3), such as a 1916-D Mercury Dime, a 1913-S or 1901-S Barber Quarter, a 1916 Standing Liberty Quarter, are worth thousands of dollars. An 1894-S Barber Dime, even in extremely poor condition, would be virtually priceless. What would lower grade coins be worth? Certainly more than the spot price of silver. There are other examples, too numerous to mention, that could be worth hundreds of dollars apiece. All, that is, if sometime in the future, methods can be determined to accurately identify these coins, perhaps via the use of high-powered magnification by third party grading services, and certified as such, without causing damage to the coins. What have you got to lose? Without a doubt, these coins are worth $xxx as silver bullion. But... WHAT IF?"

Alrighty then... doesn't this cover all the ethical issues we have discussed in other threads? Caveat emptor? They know exactly the value of what they are bidding on, if anyone bid higher than melt, they would only have themselves to hold responsible. Pros? Cons? Does this cross the line? Or would it simply be creative marketing?

[Thogey]

I'm thinking about doing a test run on ebay. Picture half a dozen absolute slicks. No date even partially visible. Market them as silver bullion and list correct gram wt, and their worth at current melt. But THEN... in your description... get very creative. Create a mental image of "what if."

"It may not be possible now, but what if, in the future, a method is developed to accurately determine the dates and mintmarks that are obscured on heavily worn coins? Coins in the worst currently valued grades now (AG3), such as a 1916-D Mercury Dime, a 1913-S or 1901-S Barber Quarter, a 1916 Standing Liberty Quarter, are worth thousands of dollars. An 1894-S Barber Dime, even in extremely poor condition, would be virtually priceless. What would lower grade coins be worth? Certainly more than the spot price of silver. There are other examples, too numerous to mention, that could be worth hundreds of dollars apiece. All, that is, if sometime in the future, methods can be determined to accurately identify these coins, perhaps via the use of high-powered magnification by third party grading services, and certified as such, without causing damage to the coins. What have you got to lose? Without a doubt, these coins are worth $xxx as silver bullion. But... WHAT IF?"

Alrighty then... doesn't this cover all the ethical issues we have discussed in other threads? Caveat emptor? They know exactly the value of what they are bidding on, if anyone bid higher than melt, they would only have themselves to hold responsible. Pros? Cons? Does this cross the line? Or would it simply be creative marketing?

If you do this you would be subject to scorn and ridicule from the membership and rightly so.

Please don't do this.

[beauanderos]

Dude, seriously though. If you listed the current value of the slicks for their actual gram wt as what they were worth as bullion, how are you preying on anyone? If someone with a "get rich quick" mentality thinks he can somehow capitalize on this "opportunity," how is that your fault? You told them specifically how much the slick was worth. You could even add "in all likelihood, this will never be possible, and these slicks will remain, in the future, worth only their value as silver bullion, as they are today." If the bidding still erupted, that's on them, not you.

How about a listing that described them as "silver bullion, worth their gram wt." And then you went on to say... "wouldn't it be neat, if someday in the future, a method might be developed to reveal the date and mintmark that you can't see now, and you later discovered you had actually purchased some rare coins worth far more than their melt value?"

And really... who knows what technological advances could be capable of?

[Thogey]

I don't think your idea would make you a predator either. I for one would just make fun of you for doing it.

But what else is new, I'm going to make fun of you anyway.

[Rodebaugh]

Ebay Heading: "Ray's Roll of No Date 1916-D Mercury Dimes Silver NR"

[beauanderos]

Ebay Heading: "Ray's Roll of No Date 1916-D Mercury Dimes Silver NR"

No... but how about "Unidentifiable silver quarter, who knows what it could be worth?" The more online research I'm doing (towards possible date recovery) the more legitimacy is being lent to this idea.

[Treetop]

Ebay Heading: "Ray's Roll of No Date 1916-D Mercury Dimes Silver NR"

No... but how about "Unidentifiable silver quarter, who knows what it could be worth?" The more online research I'm doing (towards possible date recovery) the more legitimacy is being lent to this idea.

then why arent you instead looking to buy more slicks? Instead of selling what you have?

[Thogey]

Please don't give him anymore ideas.

[Rodebaugh]

Auction includes:

Roll of no date mercs
Magnifying glass
Vile of reveal solution
Super secret decoder ring
and Official date detective badge

[beauanderos]

Ebay Heading: "Ray's Roll of No Date 1916-D Mercury Dimes Silver NR"

No... but how about "Unidentifiable silver quarter, who knows what it could be worth?" The more online research I'm doing (towards possible date recovery) the more legitimacy is being lent to this idea.

then why arent you instead looking to buy more slicks? Instead of selling what you have?

Did I say I was gullible? I'm just thinking out loud that this might be a lucrative niche market to exploit, at least with a little more honesty and integrity in the listing then what these other snake-oil salesmen do.

[Corsair]

I know there is a way to recover serial numbers on guns that have been filed away. Something about the alignment of the molecules can identify the number, even if millimeters to centimeters of metal is gone.

[beauanderos]

I know there is a way to recover serial numbers on guns that have been filed away. Something about the alignment of the molecules can identify the number, even if millimeters to centimeters of metal is gone.

Thanks, David

http://ezinearticles.com/?Forensic-Ball ... &id=917211