Recently, GoldSilverJapan purchased a set of 14 Peace Dollars from a customer. The coins were not particularly rare, but rather common, normal-date coins from the 1920s and 1930s. However, the bulk purchase made for a memorable transaction.

The customer, a man in his 40s, wanted to organize part of his grandfather's long-standing silver coin collection, and sent us photos in advance via email. Upon reviewing the images, we could see that all of the coins were Peace Dollars, in circulated VF (Very Fine) condition, with some clearly showing signs of having been cleaned.

In the world of coin collecting, "cleaned" refers to a coin that has lost its original texture and tone (natural discoloration over time) and has been artificially altered. While rubbing the surface with a hard brush or abrasives may appear to enhance its shine, it can also wear away the coin's fine details, resulting in a deduction from an appraisal agency. In that sense, cleaned coins tend to have a slightly lower collectible value than untreated coins.

However, taking into consideration the presence of the Peace Dollar coins themselves, the number of 14, and the remaining solid outline and design of the VF grade, we offered a fair appraisal price based on their condition. We carefully explained the impact of cleaning and the market valuation of VF grade coins to the customer, and after they were satisfied, we were able to purchase them on the same day.

The customer told us, "I was worried because I didn't know if they had value, but I was relieved when you carefully examined each one," and we were very encouraged by their words. Even though they have been cleaned, these silver coins are often important items filled with family memories and history, so we value handling them carefully and with integrity above all else.

We are currently re-inspecting each of the 14 Peace Dollars we purchased, performing preservation treatments as necessary, and preparing them for their next owners. While there are limitations to their condition, these silver coins continue to hold new value not only for their material value, but also for their collectibility, decorative value, and as "pieces with a story."

Even with coins like this one, which have been cleaned and are VF grade, we are able to provide a satisfactory appraisal due to the complete number of coins and the clear state of each individual coin. Rather than assuming "this one is in poor condition and won't sell," we encourage you to let our experts take a look at it.

At GoldSilverJapan, we offer consultations on appraisals only and offer advice on coins that have been cleaned in the past. When you find an old coin, we strive to ensure that it is not just an "old coin" but also "someone's memory and story."

https://www.goldsilverjapan.com/product-page/antique-coins-us-peace-random

We welcome those considering selling silver or antique coins, as well as those with simple questions like, "What should I do with this coin?" Join us as we rediscover the value of your coin.