■ Is an ancient coin that has been identified as having been smoothed or retooled saleable?
Smoothing and retooling are well known ways so-called coin doctors “improve” the appearance of ancient coins. A coin dealer once joked to me, “better coins through chemistry.” Damaged, clipped, retooled, and smoothed coins are saleable, but such coins typically command a lower price than will a coin that has not been “doctored.”
■ Which type of ancient coin alteration is more likely to sell, a smoothed or a retooled piece?
When a coin surface has been smoothed the coin’s rough, encrusted, or pitted areas are smoothed over using existing metal. When a coin is re-tooled or epoxy is added to smooth out the surface, the coin is improved in much the same way as…