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Best idea for this?


KevjustKev

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Posted

Picked this up a little while a go, as you can see it is now becoming toned.

Hold on to it?

Sell it asap?

Take it out and hope for the best?

Any ideas would be nice.

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Posted

I've got a couple of slabed MS70's that have gone wrong, I have an Isle of Man Angel with a milk spot and a Panda that is toning.  I follow a buying strategy where every slabbed coin I have bought has always been cheaper than silver went to in it's 2011 historic high and £35 is my upper limit.  My plan is just to wait it out until silver hikes again and then offload them, with inflation it should easily hit far higher than £35 an oz just for spot.

Posted

I wouldn't take it out of the slab. Lots of people pay extra for the slabs.

I thought the whole point of slabbing was to preserve the coin...not much good if it still degrades?

Posted

Id off load it now while you can still get some premium for it.

In my opinion if its badly toned and spotted its worth a little over spot or cheap bullion if you are lucky even if it says MS70 in the case.

Posted
3 minutes ago, Bullionbilly said:

Id off load it now while you can still get some premium for it.

In my opinion if its badly toned and spotted its worth a little over spot or cheap bullion if you are lucky even if it says MS70 in the case.

I'm quite willing to sell it for what I brought it for.:)

Posted

Toning's easyish to sort once removed from the slab - bit of kitchen foil in a container; coin on top; couple of teaspoons of bicarb (kitchen soda), and a teaspoon of table salt; enough hot water to cover the coin(s); let the 'de-sulphuring' begin.  Won't take long.  Rinse with warm water.  I always add a squirt of lemon juice, and one of white vinegar, to the brew - probably makes no difference but can't do much harm.

 

 

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Posted

Personally I don't mind toning, but no spotting. Toning wise some things can look really nice to the eye.

Posted

I would just hold onto it. Toning isn’t going to kill the value by any means but may attract a specific customer! Some people will pay more for a toned coin. Its a natural process so kinda hard to fully avoid it. 

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