I actually like the blue toned MS70 Lincolns and IHC's. I know they are AT but I still like them. To each their own I guess.
My original comment was relatively positive. I also happen to like some MS70 treated Lincolns - not all, but some. My negative comment occurred when I found out who took the pictures. That is where my biggest problem lies. I cannot trust that seller to honestly show the coin. If it really looks like the coin pictured and is as problem free as it appears in the pictures, I go back to my original comments. Either way, I will bet respectable no TPG will grade it.
Every piece of blue copper these days is being labeled as MS70'd but in this particular case I have to agree with Doug and others that this piece does look treated with it. With that said my experiments have shown me that the pieces that are red see almost no reaction when treated with MS70 while the BN piece due tend to turn blue a high percentage of the time. A quick treatment with some type of oil will remove most if not all of the blue tint from these pieces but all of the doctoring would still probably render the coin ungradable at the top TPGs. As pointed out by Lehigh...I find a lot of the blue copper and blue Proof IHC to be extremely attractive.
I do appreciate everyones comments - i just got home and checked my mailbox and nothing yet but i'll get some good pics of it with my dino-lite as soon as it arrives! Out of curiosity if the toning turns out to be AT - how bad would being AT hurt the value? For examples sake say it grades MS60 which according to Coin Prices magazine lists for $163.... Still worth $163 or less?
I think most everyone here is assuming that it is AT, but the determining factor is eye appeal. It also depends on the grade. Now that leaves us with 2 subjective qualities. Without seeing it in hand (accurate pictures?), it is a bit difficult to answer just what it is worth. However, the 31-S is probably one of the most flatlined pricing you will ever see.
That depends on the buyer to a large degree. Some folks have no problem paying up for problem coins, others do. It also depends on the problem, and MS70 toning is not as major as some others. Just a guess, but as a general rule I'd say it drops the value 50%.
It's Here... Ok then so I got home from work and my coin hath arrived. My first though as I pulled it out of the package is that it is not nearly as electric blue as GSC's photo's make it look. Overall if the light is not directly reflecting it looks reddish brown... The next thing I noticed is that most of Lincoln himself plus a spot to the left of his head are pretty much yellow which you can see best in the closer shots. Definitely not attractive or very natural looking. The reverse looks fairly clean with the exception of some spots on the lower left. The coin seems to have luster but not from a mint strike... oh well... 31lincoln-2 by Johns Pic Page, on Flickr 31lincoln-1 by Johns Pic Page, on Flickr 1931sLincoln-20 by Johns Pic Page, on Flickr 1931sLincoln-18 by Johns Pic Page, on Flickr 1931sLincoln-17 by Johns Pic Page, on Flickr 1931sLincoln-16 by Johns Pic Page, on Flickr 1931sLincoln-15 by Johns Pic Page, on Flickr 1931sLincoln-14 by Johns Pic Page, on Flickr 1931sLincoln-13 by Johns Pic Page, on Flickr 1931sLincoln-12 by Johns Pic Page, on Flickr 1931sLincoln-11 by Johns Pic Page, on Flickr 1931sLincoln-8 by Johns Pic Page, on Flickr 1931sLincoln-7 by Johns Pic Page, on Flickr 1931sLincoln-6 by Johns Pic Page, on Flickr 1931sLincoln-5 by Johns Pic Page, on Flickr 1931sLincoln-4 by Johns Pic Page, on Flickr 1931sLincoln-3 by Johns Pic Page, on Flickr 1931sLincoln-2 by Johns Pic Page, on Flickr 1931sLincoln-1 by Johns Pic Page, on Flickr
Your pictures have too much glare to see for sure, but your one close-up (of the ear) makes it look like the coin is AU. Your pictures have so much glare it is hard to see the detail. BTW, you say " The coin seems to have luster but not from a mint strike." There is no other way to get luster. I think you are saying that the coin has a lot of shine. Now that can come from oiling or other treatments.
Sorry for the glare - here are a few more shots, hard to get much better pics without getting out multiple lights etc. and to be honest it's just not worth it I think. My luster comment was really just a round about way of saying that I believe that it was treated with something, for instance on the reverse the luster seems to shine from the background and not from the raised fields. Not sure if that makes sense really - i'm kinda tired and at this point pretty disappointed with this coin. Oh well I can look at it as letting them hold my $180 for a few days while I had a chance to view the coin first hand! 31sLincolnTry2-1 by Johns Pic Page, on Flickr 31sLincolnTry2-7 by Johns Pic Page, on Flickr 31sLincolnTry2-2 by Johns Pic Page, on Flickr 31sLincolnTry2-6 by Johns Pic Page, on Flickr 31sLincolnTry2-5 by Johns Pic Page, on Flickr 31sLincolnTry2-4 by Johns Pic Page, on Flickr 31sLincolnTry2-3 by Johns Pic Page, on Flickr
I do not know what is going on with your pictures, but they do not have the definition I need to say much more than I did last time. It is either AU or a 62/63.
That coin is no way an AU58... MS 64 would be my opinion but depending on the luster could go 65. Nice Color!!
I didn't see the page 2 pictures... The page 2 pics are a bit overexposed. I wouldn't be surprised if it graded though. I still believe it is much better than an AU58.
Don't get me wrong, it's really nice... but I see what looks like circulation rub on it, which brings it to an AU58 in my book. Grading is, as always, subjective. I'd like to hear what Doug thinks it would grade if you assume the toning is natural.