Hypothetical Question - Costs to conserve silver Reales
Hi All,
I have a hypothetical question that needs just a guestimate if anyone can help. I have a chance to buy about 89 8 Reales from the 1780-90's. Before I buy I would like to get an idea on what I can expect to pay to have them conserved. I have never slabbed or sent any coins anywhere for grading or conservation. I looked on line and found NCS. But I am not sure if that is my best deal or not. I realize that you cannot see the condition, but lets just say middle of the road. Should I be looking at $3-5.00 a coin or lots more? They are shipwreck coins but no attribution yet.
Re: Hypothetical Question - Costs to conserve silver Reales
I think you are jumping the gun with having them slabbed and graded. I don't know what the coins are or the condition. Do they have any certificates with them, or are they in a raw uncleaned state? What wreck are they from?
Re: Hypothetical Question - Costs to conserve silver Reales
Conservation of these type coins is relatively inexpensive, and not all that time consuming. I built an electrolysis tank for under $50.00, and can clean about 20 coins a a time. Remember that you will not be able to determine the value of the coins until they are cleaned, and the value will be determined by the overall condition of the coin. Additionally, added value comes from the history of the coin. i.e., the identity of the shipwreck, and if legally salvaged it should come with a certificate of authenticity.
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Re: Hypothetical Question - Costs to conserve silver Reales
sometimes they are worth more........when uncleaned.
Keep origional if you can and issue origional cert. w/ photo of actual piece.....I would bet you increase $$$ on each one you do.
Tom is right, electrolysis is cheap and very effective...if you choose you want to go that route....if the coin is a dog, leave it alone, uncleaned is better. Don't over clean ...