IS this coin real, or fake toned?

Well, there is not another way, to base my theory on..
I can't go to NGC, and see all the coins that they grade, that are toned, nor could I do that with PCGS...
I just use the marketplace as a base..
Who knows, maybe you are 100% right, and the marketplace has nothing to do with it.. In this case though, I'm just going with my gut, and from what I see

 

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"In this case though, I'm just going with my gut, and from what I see "

As would I if I were in your shoes.

Time will tell who is right.

Good luck...Mike

 

Thank You Mike... I have a feeling I'm wrong though.. LOL
You are right, time will tell my friend...
Talk to you in 10 years...
-Travis

LOL

 

Agree 100%. I will send my toned coins there only. PCGS grades genuine on even the slighest hint of AT which is RIDICULOUS. PCGS is the best for resale. Just MHO's

 

Mike I didn't see your responses when I posted. I think these generalizations are generally true. Even coin that some would say MIGHT be AT got Genuine grade when I submitted. Look at NGC boards. There are dealers who have submitted thousands of coins and will agree with this assessment all day long. Greg M is one of them and he know a lot about toned coins in my opinion. I wander what Lehigh thinks. Maybe someone could PM him. Of course that would be a good thread. I don't think it is good to overly point this out as the graders may?? read these posts from time to time (probably only read there own- Collectors Society and Collectors Universe) but could be wrong. Pigeon holing the graders may cause a knee jerk reaction. I am happy NGC is not as hard on potential AT coins. Many beautiful toned coins that are benefitted by being graded. Grading protects coins because most are not willing to crack out and the tampering factor is therefore eliminated.

 

I think that PCGS created their own problem. Before the GENUINE designation, I think that both PCGS and NGC followed the same policy regarding toned coins. They both encapsulated and graded toned coins they deemed as "market acceptable." They were both able to do this because they could body bag the AT coins. Since PCGS will now authenticate any original coin and put it in a slab with their name on it, they have run into an serious unintended consequence. The submitters (coin doctors) know they have to encapsulate every coin they send them. This has forced PCGS to become very conservative when grading toned coins.

This does not mean the NGC has become looser when grading questionably toned coins. I don't think NGC's position has changed at all. Since PCGS is encapsulating every coin, they must be more conservative in order to protect their reputation.

With regards to the OP's coin, it looks AT to me, but the photos are terrible. IMO, it is moot, because nobody should be trying to buy a toned XF common date Mercury dime in the first place. These coins can be obtained with beautiful toning and in high grades for under $100 and sometimes less than $50. Don't buy junk for a few dollars, spend $60 and get something like this:

http://coins.ha.com/common/view_item.php?Sale_No=29023&Lot_No=23224#photo

My last topic to address is toning on circulated coins. While it is rare, it alone is not an indicator of AT. I have seen coins in my own collection develop rainbow toning in a whitman folder. Here is an example:

 

Just my opinion, but I think the NGC star designation might play a little role too. I know if I had a toned coin I would send it to NGC, even though I usually like PCGS.

 

The star makes the coin more desirable and more valuable..
The star also looks pretty....lol

 

Good Point, especially if the coin was of registry quality. Star coins get more registry points than their non-star counterparts of the same grade.

 

Thank you Lehigh! I'm just about ready to not respond to this poster anymore because for the past week he has shown us ZERO effort that he's actually trying to learn anything. He obviously won't buy or read a book or even just read here. He's just anxious to blow money on anything cheap he runs across. So it's getting tiresome.

There's so many holes in this auction that it's hardly worth the response.

- Pictures too far away and not very good

- Anyone with an authentic, NT Mercury dime like this would have huge close ups trying to get top dollar
- A normal Merc dime in this condition is worth a couple bucks. This went for 1.31!!!!!!!!!!!!!!
- There's no way to judge if it's even real. This could be a fake, Chinese copy purchased here: http://cgi.ebay.com/Replica-Mercury...yZ162126QQssPageNameZWDVWQQrdZ1QQcmdZViewItem

for 0.10, without the replica stamp of course, with some common, fake chemicals used to see how many suckers they could bait.

- Assuming it is real and we're just judging for natural toning without ever looking at the price, how many Mercury dimes have toning like this? I would say most of the time, the toning isn't on both sides of a coin and if it is, it usually does not cover the whole surface of both sides, let alone two different color patterns. As in Lehighs pic, the area toned is vastly different.

- The color patterns are not natural when compared to any number of real toned mercs.

- True steals on ebay are not common. There's too many eyes watching to let a 100, or 50 or 20 dollar coin go for 1.31. Premium stuff costs premium $$.

Are there bells and whistles going off yet?

 

Wow Lehigh!! That MS66 FB 43-D is awesome!!! And for 57 bucks!? lol Great. Now I want one. I didn't know you could get them that cheap, let alone toned like that. That was a great example for this thread.

 

Yeah seriously this is getting old fast.

 

We all had to start somewhere.

I can only imagine what my local coin dealer thought of me when I was young.

 

If only i knew a reputable place to find a nice toned coin...lol

 

Lehigh just posted one.

 

Thanks, but it is not mine. I like the toning on that coin, but it really doesn't meet my standards for eye appeal. Rainbow toned Mercury Dimes are not particularly rare and I would insist upon a fantastically toned example like the one that currently resides in my type set.



This 1940-D example ran me about $200. I am currently deciding whether or not I should try to upgrade to an MS68. I posted a thread last week about a sublime toned Mercury in the current signature sale. I don't know whether I will bid until closer to auction close.



I will let you guys know. Rule of thumb though is that if the photo is not mine, the coin is probably not mine (yet).

 

someone try to find the artificially toned ASE that is famous on the net. it was in a pci holder marked at, then made it into a ms-69 pcgs holder...pics abound, i just cannot find them here on my laptop, i think i have them on my home pc. this laptop has crashed recently and is pretty blank archive wise. and shift key, lol.

 

I remembered because it was my thread. Post #37.

http://www.cointalk.com/forum/t42159-3/

BTW Jack, I never asked you about that coin. Is that a Pat Braddick (Peacockcoins) photo?

 

Lehigh, once again, I am stunned by your coins...
You are the king of toners..
I'm AMAZED

 

Thanks Lehigh for your well articulated points. I knew you would have some good info/opinions on the subject.