Coin Devaluing

[Guest J K]

Hi all,

I recently purchased a Proof gold 1oz Krugrand (south african minted from 1982) and to my dismay the coin displays a few light to medium surface scratches on both sides.

I wondered will this actively devalue the coin, as its 'gold value' is normally £230, i paid £290 for the proof version.

[Chris Perkins 228]

Well I would imagine it most certainly does, you do of course have the gold value as a minimum, but personally I'd return it or exchange for another if you are not happy with it and are able to.

Chris

[Emperor Oli 0]

I recently purchased a Proof gold 1oz Krugrand (south african minted from 1982) and to my dismay the coin displays a few light to medium surface scratches on both sides.

A jewellers' eyeglass is always a good tool to carry when purchasing coins.

[Chris Perkins 228]

My x18 magnification lenses do the trick perfectly...Shameless plug:

http://www.predecimal.com/collectors/shop/9849lens.htm

[Emperor Oli 0]

This forum used as a billboard...whatever next.

[mint_mark 10]

OK, not an advert but more of a tip...

If you can't find jeweller's eyeglasses (often called jeweller's loupes) anywhere and you want to try before you buy, try specialist camera shops. Photographers use them to examine prints and negatives. My local shop in Southampton has quite a range!