When it comes to coin collecting quality items matters very little. Occasionally a coin might have a little bit of a defect or scratch, but for the most part they are still worth something. The scratches, nicks, and abrasions all affect the overall quality of the coin. Recently, a good friend s uncle found several gold coins on his attic and went to a coin dealer to attempt to sell them off. He was pretty unsuccessful because they were badly cracked and worn.
The coin collecting market is full of coin collecting items that are not worth very much. People will try to sell these for way below their true market value. As a coin collector you must learn to recognize these fake coins and not waste too much time with them. If you find a coin that is badly cracked or worn you must avoid buying it at all costs.
Many people think that if a coin is old it has been well looked after. This is not true as many of these coins have been damaged by someone attempting to resell them on the internet or in other forms of advertising. When you see an old coin that is scratched or scarred you should think about how much time the person trying to sell it has spent making it look good. In most cases if it was poorly made it could have been poorly done just to remove the scar and make it more appealing to potential buyers. Remember, always be on your guard for these kinds of cheap coins!