Posted 6 years ago
JessChocol…
(1 item)
Just wanted to show people the top three canidates for my possible 200k coins......... Some say there isnt a way to tell, i say bullshit cause they have them certified. I say its who you know and what they know that means all the difference in the world. The 2000 P sacagawea usually maies people jealous and rightfully so. I also say dont hate the playa hate the game...........
Unfortunately "Who you know" Is a VERY big part of it. Another huge problem is that all of the grading companies (all but one of which are younger than me even though I'm only 34) inevitably involve a lot of human error and questionable situations. There are dozens of Youtube videos which show that a coin sent in on Friday of ___ will rate a MS-67 and when sent to the same company the next week on a Tuesday, will be rated MS-64 (oversimplification but you get my drift).
Now, unfortunately, the biggest problem with experimental rinse coins lies in the very nature of the rinse itself. It doesn't involve a special alloy, it doesn't involve a proprietary die set only owned by the government, and the mint will NOT release proprietary alloy or rinse compositions (so as to avoid counterfeiting nightmares) which means that even the "Experts" are only going on a mixture of a highly educated guess and insider information.
I wish I could help you but rinse coins are a nightmare in terms of properly attributing them, even when involving an "Expert". Lack of staining on the edges of the coin is often a giveaway that it isn't a rinse but, simultaneously, good enough post-mint-damage would remove that layer and, as of yet, I haven't seen anyone willing to purposely damage an Experimental Rinse dollar to see just how deep the staining goes.
Good luck...but, frankly, other than speaking with someone who owns one or several, you're likely to never truly "know" if it is or not without having it attributed...and, even then, there are videos showing how X company will rate extremely worn, old coins a counterfeit and Y company will rate it a F2 genuine. They're human and, since the mint doesn't disclose most of their proprietary secrets, even "Experts" often debunk each other's mistakes -- all at the cost of the people who spent good money on said coins just a year prior.
Also; there are a great deal of error varieties who's values are either inflated or "stabilized" because it costs X amount of money to verify them, and once their value goes below the attribution fee there aren't many people who will pay to further devalue them. It's a pretty unethical but effective way at stabilizing the value of cheaper doubled-dies and other errors out there.