But the point Jim was making is that dipped coins are graded mint state - and because they were dipped they are not like they were when they were struck. So if they say toning makes a coin no longer mint state, then they must also say that dipping makes a coin no longer mint state. And by that logic blast white coins have even more damage to the luster. This is because those blast white coins used to be toned, then they were dipped. So by their reasoning, blast white coins have been damaged twice as much as toned coins. Pretty much any way you wanna look at it a toned coin, unless it is very heavily and darkly toned, is closer to mint state than any blast white coin is.
Sorry not really following you. There CAN be blast white coins that have just never toned. I have seen, (what I believe to be), original rolls of mercury dimes and morgan dollars that the center coins only had toning at the reeding. Are you saying these coins are more impaired than toned coins? I do not understand what your point was unless you assume ALL white coins WERE toned and are now dipped, so therefor white coins now are more impaired. I agree with you if you are saying that dipped coins are more impaired than original toned coins. But it sounds like you are saying it is impossible for white coins to exist. Regarding dipping, yes I was saying that it impairs the luster and overdipped coins I believe are cause for TPG's to reject grading it. Should a coin ever be dipped? I don't think so. If a TPG could tell if a coin has been dipped, they should refuse to grade it, but I am not sure they can. However, some argue that the only reason dipping impairs a coin is that it simply removes the toning, showing you the damage that toning has already caused the coin, therefor any toning IS damage, and therefor no longer mint state. Their argument not mine. Go back 20-30 years and read the articles, that was a strong opinion then.
What I am saying is that pretty much any expert you care to talk to will agree that fully 80% or more of all older coins have been dipped. There are literally milions and millions of dipped coins in NGC and PCGS slabs. So no, I am not saying that is impossible for a coin to be blast white and yet be undipped. But I am saying that it is extremely unlikely that any blast white coin has not been dipped. Coins start toning the very instant they are struck. This is not an opinion, it is a scientific fact.
Fair enough, I agree with you that dipping is a problem. Sorry, it just sounded like white coins couldn't exist, and I owned some original rolls in my life that were 100 years old. I fully agree that dipping is a large concern, and 20-30 years ago dealers were doing it because no one at the time appreciated good toning. Now its the other way and people are artificial toning! Lol, times change huh? To OP, collect what you like, protect the coins in your custody the best you can, and have a good time.
Those coins pulled out of rolls are impressively white, but not blast white. Coins aren't blast white straight off the mint. Ruben
Love the conversation :eating: Thanks, I will. Now if those darn coin shops would hide other types of coins when I come in. Is it bad that I am now starting pennies, nickels, dimes, quarters, halfs, dollars all at one time? Only US so far, whew...
I find blast white equally as attractive as a nicely toned silver piece. However, if I was given the choice between the two of the same coin, I would more than likely be drawn to the blast white. There's just something about viewing a piece of history as it was created over 100+ years ago, as if frozen throughout time.
Doug is so old... You are the exception I was talking about, there are many collectors who never acquire a taste for toned coins, and for some it takes longer. What I've noticed, or at least I thought I noticed was, the typical, "I HATE TONED COINS" 6 months later "So I'm looking to buy toned coins..." It happens...but not always
Hey Jim. This definition of coins in pristine condition is not the definition of Mint State. It comes a s a shock to beginners that Morgans with BAG MARKS, are mint state, but they are. Mint state is more accurately called Uncirculated, or coins which have never been circulated. Circulation wears a coin in a specific fashion because of wear from use. As for toning, I don't have to teach you any of the chemistry, or laws of entropy. It is possible though that toning can actually protect a coin. Ruben
My coin collecting buddy is of the white coin mindset and my collection is now almost 100% color toned, we have some pretty interesting conversations. He also went for quantity and is a hoarder (never sells anything) while I went for quality with higher end coins by upgrading whenever practical. One of the great things about this hobby (obsession) is how we can customize it to our individual tastes. Give me color or give me death!
Yea, and I bet your collection is a helluv a lot more interesting to look at too. When I show my collection to non-collectors they get more excited over my colorful, toned Lincolns than my untoned ones.
I've added a couple of color toned wheaties this year, much nicer to look at than my xf '09 s vdb, both close to your avatar cent
Ok Ruben, if I might be a "Devil's advocate", what about "Cabinet Friction (wear)". With today's emphasis on airtite's, etc., few new collectors realize that many famous collections once resided in wooden drawers of "Coin Cabinets" lined with fabric such as velvet, and when ever the drawer was opened or closed, the coin would slide across the fabric, leaving lines. After many such opening/closing, the wear could be visible. The coin could be theoretically uncirculated ( many being obtained directly from the mint), but the wear could indicate a AU pattern. Is the coin mint state or not? Also many coins in the Smithsonian National Collection, obtained directly from the mint, were routinely cleaned and polished with cloth and some say chemicals. Would these be returned, if sent to PCGS as cleaned, damaged? Alas we do not have such problems here Jim
Give me color or give me death. White for me is just plain ole' boring. Of course, there are exceptions. We all have different taste on this hobby but similar interests.
yup - sliders are often around but these are still graded MS, just not very high. Sometimes they might be considered damaged, which is irelevant to the grade. I don't remember sliders falling to AU unless they also had rub wear. As for the Smithsonian, those are all MS damaged and cleaned coins...truly sucks
I love toned coins but not all toned coins! I have even sold a toned coin or two b/c I didn't like the toning that was coming to fruition. I haven't been collecting for very long but I know what I like and some blast white coins are alright but an unusually toned coin wins hands down in my book. Please do not mistake the artificially toned krap coins on ebay enter the equation of whether you like toned coins or not. Trust me, you may someday like toned coins and you may not, that said NGC used to have a Star * classification for beautifully toned coins and it's just my opinion but I think it was stopped only because you never know how a toned coin will look a year or two down the road.
NGC has not stopped using the star designation and with proper storage there is no way a toned coin will turn in 2 years. 200 years maybe, but not 2 years.