So in what way may a test cut effect a coins value ? How is a coin rated eg VF if there is a test cut ?
How much does a
test cut affect value? Significantly. I don't think you can put a dollar or even percentage on it, because it depends on:
1. the condition and grade of the coin (I think that on a percentage basis, a
test cut affects
price of a coin in great condition more than a
test cut on a coin that costs less because of condition, centering, etc.).
2. the location of the
test cut and how much it detracts from the
eye appeal of the coin.
I don't think there's any way to answer the question specifically. I'd suggest checking
acsearch.info and searching
athens tetradrachms to get a sense of how much various coins have sold for based on condition,
test cuts, etc.
Can anyone then explain what a coin effected by oxidization would look like then ?
Depends on the coin. Oxidation on iron is generally rust. On silver it's generally black tarnish or
toning. On copper it's generally that green
patina that copper tends to take on. Oxidation is basically the
patina you see on coins. Take a look at the
members galleries here on this site and you'll see lots of different coins with lots of differrent patinas. It's the oxidation that forms the
patina.
Here's a link to the galleries in general: https://www.forumancientcoins.com/gallery/index.php
Also below is a coin that has
had the
patina removed and is stripped to bare metal that has started to tone again just a little.
Below that is a similar coin (same ruler any way) with the
patina in tact.
By the way,
patina on a coin is a
good thing. You can read several topics on that here. CHeck out the uncleaned coins discussion for examples.
On edit: I've added a third coin which also has
had its
patina stripped. It's actually more representative of coins with
patina removed than the first one in that you can see the
pitting and corrosion on the coin that the
patina was covering before it was removed. Anyway, just explore this site and read and I think you'll learn a lot.