Affluent Savvy
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Can you clean coins without losing value?

According to coin experts, cleaning any potentially collectible coins might cause them to lose value. Using chemical cleaners or scrubbing the coins could leave scratches and marks that will be easy for a skilled appraiser to pick up on.

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Chalk it up to the excitement of having my own money for the first time, but when I was a kid, I loved cleaning dirty pennies collected in my piggy bank before cashing them in at the real bank. While there was little purpose in cleaning the coins that I was about to hand over to the bank teller, the dramatic transformation of watching dingy, grime-covered coins come out sparkling clean was oddly satisfying. If, like 6-year-old me, you or your kids are curious about how to clean coins, follow the simple steps below to get dull coins sparkling using a slightly acidic solution that will eat away at the brown oxidation on the coins. Bonus: A perfectly clean penny will be the ideal candidate for pressed penny souvenir machines.

Should Coin Collectors Clean Their Coins?

This article comes with a significant warning from coin collectors and appraisers worldwide. If you're a novice coin collector wondering the right way to clean old coins, you might want to rethink it. According to coin experts, cleaning any potentially collectible coins might cause them to lose value. Using chemical cleaners or scrubbing the coins could leave scratches and marks that will be easy for a skilled appraiser to pick up on. When deciding whether or not to clean a coin, be discerning, and if in doubt, have your collection appraised first. Collectors consider a coin valuable and collectible when its appraised value is significantly higher than its intrinsic value. For example, a wheat penny can be worth anywhere from 4 cents to $10. Other coins can be worth thousands, and in rare cases, millions. If you're a serious coin collector, you can hire professional services to clean coins in a way that won't diminish the coins' value.

Cleaning Coins for Crafts and Fun

Now that the disclaimer is out of the way, let's get to the best coin cleaning method that you can do at home. If you're collecting just for fun and with no intention of one day selling or trading your coins, the steps below will clean a standard oxidized penny (that is only worth one cent) with ease.

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What is the rarest 1 penny coin?

1933 penny If you have heard of only one rare coin, there is a good chance that it is the 1933 penny. For some reason this coin, more than any other, has lodged itself in the public consciousness.

royalmintmuseum.org.uk - 1933 penny - The Royal Mint Museum

1933 penny

If you have heard of only one rare coin, there is a good chance that it is the 1933 penny. For some reason this coin, more than any other, has lodged itself in the public consciousness. Indeed, people have spent a lifetime sifting through their coins in a vain attempt to find one. The banks possessed such large stocks of pennies in 1933 that it was not necessary to strike any more for general circulation. But there was a convention at the time that complete sets of coins of the current year were buried under the foundation stones of new buildings. Consequently three 1933 pennies were struck for buildings erected in that year, along with a small number to be kept as record copies by the British Museum and the Royal Mint Museum. No record was kept at the time of how many pennies dated 1933 were made but it is thought to be no more than six or seven. With no precise record of the number made, and with the coin having been struck to ordinary circulation standard, it seemed possible that one might turn up in everyday use, prompting a generation to search their change for the rare but ultimately elusive penny of 1933. In August 1970 it was discovered that thieves had stolen the set of coins deposited beneath the foundation stone of the Church of St Cross, Middleton, near Leeds. As a result a second set, buried beneath the foundation stone of St Mary’s Church, Hawksworth Wood, Kirkstall, Leeds, was removed on the instructions of the bishop and sold. As far as is known the third set is still in place.

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