MS68 1831 Half Dime value

Discussion in 'US Coins Forum' started by mrbrklyn, Jul 13, 2012.

  1. statequarterguy

    statequarterguy Love Pucks

    Several dippings and a recent one. I'll bet what appears to be a hint of toning (top obverse) is lighting. Anyway, still a nice coin - notice how all the stars are full, that's more common on proofs.
     
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  3. GDJMSP

    GDJMSP Numismatist Moderator

    When you say cleaned if you mean dipped - I disagree.

    Yes, it is.

     
  4. Kirkuleez

    Kirkuleez 80 proof

    Well Doug, I was wondering when it would happen. But I respectfully disagree. I have coins that my Great-Great Grandfather collected in the 1870s that are blast white and have never been dipped. And how do you explain all of those bags of Morgan and Peace dollars that are all blast white? Surely if these coins were all toned, they would sell them at a premium and not clean the color off of them. As far as I"m concerned, there is only one way to properly dip a coin. And that is a quick acetone bath which in my experience does not remove all toning.
     
  5. statequarterguy

    statequarterguy Love Pucks

    In the past toning was not desirable, so "everyone" including dealers dipped coins so they could sell them. How do you know your family's coins have not been dipped? If they're from the 1870's and blast white, they've been dipped, since the technology to keep them free from contaminants (air) didn't exist then - the closest thing today are Air-Tites and they're not 100%. Today, since toning is desirable, if an old coin is blast white, it could mean that it had undesirable toning, and from experience, I've found that that undesirable toning could reappear as the coin retones.
     
  6. Doug21

    Doug21 Coin Hoarder

    agree, it looks like it has been dipped more than once, the photos don't seem to show much luster.

    Doesn't look MS-68 to me from the photos.
     
  7. jello

    jello Not Expert★NormL®

     

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  8. GDJMSP

    GDJMSP Numismatist Moderator

    Kirk - Morgans are the only coins there are that were ever stored in bags in govt. vaults until modern times. So Morgans are the only coins there are that have ever, repeat ever, been found blast white in bags. And that is specifically because of that unique characteristic.

    If you ever saw a blast white Peace dollar, the odds are 9,999 out of 10,000 it's been dipped. Same for any other older silver coins, including most of those made in the 20th century. And yes that includes your grandfathers coins.

    Now if you don't want to believe me that's your privilege. But even Q. David Bowers will tell you the exact same thing I am telling you. So will every other numismatic expert.
     
  9. yakpoo

    yakpoo Member

    When I pay for lunch at work and the cashier reaches for a fresh BU roll of 2012 Roosevelt dimes, cracks them on the edge of the register drawer, then empties them into the tray...I wonder if I'm simply the protagonist of someone else's dream...200 years from now! :eek:ld-guy-smile:
     
  10. Kirkuleez

    Kirkuleez 80 proof

    I am really not trying to argue with your expertise, I just simply disagree. I understand that nearly all coins of this age have been dipped, and I'm not saying that this one has not been dipped (I would bet that is had been conserved by NCS). I was simply stating that just because a coin is blast white, it does not necessarily mean that it has been dipped. I bring my GG grandfathers collection as an example because I don't think that anyone in the family ever dipped the coins. He stored his coins stacked up, which is likely the reason that many of the coins remained white. the edges clearly show that they were exposed to the elements, but the obverse and reverse remained white. It was not until the 1980s, when I started compiling the collection into albums, that toning started to appear on the coins. It is the reason behind my recent rant about wanting a quality archival album.

    I am not against dipping a coin for preservation if done properly, in fact I give just about every coin (minus the coppers) an acetone bath before it goes in an album. It just bothers me that a coin is so quickly thrown under the bus for having been cleaned when I know that it is not always the case.
     
  11. GDJMSP

    GDJMSP Numismatist Moderator

    Saying that a coin has been dipped (cleaned - not harshly cleaned) is far from throwing it under the bus. Most coins that are or have been dipped are actually improved condition wise as a result of that dipping. Saying that coin has been dipped is nothing more than stating a fact. It is not a derogatory comment in any way.

    As for your family's coins, even if they have been in your family for 2 or 3 generations, and even considering the way your grandfather stored them, that still does not mean that those coins have never been dipped. Dipping coins has been with us for hundreds of years. So unless your grandfather got the coins fresh from the mint, which I very much doubt, and they were blast white when he got them, then it almost a certainty that they were dipped before he got them. Because no coin is going to remain untoned for even 1 year.
     
  12. onejinx

    onejinx Junior Member

    I have coins that I have owned for more then 1 year which have not toned
     
  13. Kirkuleez

    Kirkuleez 80 proof

    You and I and I'm sure many others know that properly dipping a coin is not a bad thing, but many collectors will stay away from a coin that is stated as having been dipped because we all preach about the fact that a coins value is lost after cleaning. The fact that the difference between a dip and a harsh cleaning is not clear to everyone is the reason that I say that a coin is being thrown under the bus.

    As far as my familys collection goes, I'm fairly confident that the proofs were obtained from the mint, but others were pulled from circulation. I can not say with any certainty that the coins have never dipped, I just don't believe that they have been due to the fact that the edges show the color that I would expect for coin of any age.
     
  14. GDJMSP

    GDJMSP Numismatist Moderator

    You do realize that we are talking about coins that were minted in the 1800's ?

    When there were no modern storage methods, no coin holders. When every light in your house was either whale oil, coal oil, kerosene, or candles - which all put off contaminants that would readily tone any coin stored in the house. When your source of heat was either a coal stove, a wood stove, or a fireplace - which also all put off contaminants that tone coins stored in that house. When there were no exhaust fans or anything to remove those contaminants from the house. When there were no silica gel packs to reduce humidity, when there was no A/C.

    It was a different world people liven in then. You could not stop a coin from toning if you wanted to.

    As for these coins you've had for a year and that have not toned. I'd bet you that they have toned, you just haven't noticed it. But it's easy enough to prove. Take any coin you want that you've had for a year, dip half of it. And I'll bet you your coin is two different colors. That means it has toned.
     
  15. rzage

    rzage What Goes Around Comes Around .

     
  16. Doug21

    Doug21 Coin Hoarder

    Would anybody dare crack this coin out of a NGC MS-68 slab to try and get that grade at PCGS ?

    I'll assume this is probably the finest known or highest graded.

    I contend it is at its' maximum grade level already and might come back as a 67 or lower if cracked out.

    Where's the CAC sticker ?

    I'd never buy this coin at these prices.
     
  17. GDJMSP

    GDJMSP Numismatist Moderator

    The key word in my comments was "properly". But if the dipping is not done properly and the coin is over-dipped, then the damage is easily seen with the naked eye. You don't need magnification to see that at all.

    But if it is done properly, I don't care how much magnification you use, you'll not find any physical proof that the coin was dipped. That is of course because there isn't any. The reason there isn't any physical proof is because even when coins come fresh from the dies there is a varying amount of luster on each coin - no two of them are ever identical. With every coin that is struck the luster decreases ever so slowly. So a coin that is struck when the dies are fresh, new, will have more luster on it than a coin that is struck 100,000 coins into the run. But yet both of those coins, the early and later one, are undoubtedly mint fresh.

    So looking at a coin that has been properly dipped and comparing it to one struck with fresh dies, is like comparing the coin from new dies with one from later in the run.

    Also, there is another scenario. You can have a coin struck with new dies that has the maximum luster, later that coin tones. Later still that same coin is dipped. You can then take that dipped coin, compare it to another coin that came from late in the run, and the properly dipped coin will have more luster than the late run, undipped coin.

    That is why the numismatic community finds dipping coins to be an acceptable, and yes even sometimes a necessary and beneficial practice.
     
  18. medoraman

    medoraman Supporter! Supporter

    I agree. Way too white. Honestly, I have CBHD's that look about this good, and if I saw this one in a dealer's case I would not buy it. I own one that is this white and am embarrassed I own it.

    Btw, not saying mine would grade 68, but unless you put mine side by side with his I believe most people would believe they are similar. I have never had mine graded. These coins used to be very common in nice BU condition for around $150-200 in the 90's.
     
  19. brg5658

    brg5658 Well-Known Member

    Trust Doug on these historical comments -- he lived through them ;)
     
  20. GDJMSP

    GDJMSP Numismatist Moderator

    Gonna getcha for that :D
     
  21. rzage

    rzage What Goes Around Comes Around .

    I don't know Doug , Before I became a tool and die maker I worked in a metal lab , one of my jobs was to take samples of transmission gears , cut them , polish them and then etch them in acid to do micro structures . You could always see the difference in the before etched and after . Where the metal was more squared before it was definitely more rounded after . Now we are talking some pretty high magnification probably 2-300 X so maybe it's not comparable to a 20X loupe , but I'm sure if you seen enough pieces whether early die state or late die state one would be able to tell . But I never thought about the early and late die states before so I learned something new again . Thanks .
     
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