I agree with desertgem regarding the coin. It's BN. He had to juice the photos so you could see the toning. I'm not crazy about the spotting on the coin, especially for $4k.
Vic, I didn't realize it was in such an old holder. It is quite possible that the holder is what turned this coin colors as we've all seen fatties do. Thanks for the updated picture, I should have followed the link myself instead of coming to conclusions. The coin to me still looks cleaned and probably wouldn't grade in a no problem holder in today's market. Again, these are all my own personal feelings.
I have never in my life seen a coin turn colors in an NGC old fatty slab and I have owned hundreds of them across several series of coin. Furthermore, I belong to every major coin forum for years and have never read anything about NGC old fatties turning coins colors. In fact, the only holders that I know that were able to impart toning on coins were the old PCI holders, for example: It is your opinion that the coin was cleaned and retoned and that is fine. I don't agree with your opinion but you are entitled to think whatever you want. But when you state that NGC slabs turn coins colors and present it as fact by saying "as we've all seen fatties do" I have a problem with that. You see, someone might actually read this thread and believe that, and it isn't true. It is possible for a coin in a slab to tone if not stored properly, but that is a far cry from the holder being the cause of the toning.
Lehigh, it is quite possible that I got confused about the slab type that causes toning on coins. For sure the old PCI slabs toned coins funky colors. I'll have to do some research and if I'm wrong I will fully retract my statement.
Take a look at this thread, it has positive, negative and neutral information about no line fatty toning. My statement of "as we've all seen fatties do" was a bit broad, I should never speak for all of us. http://forums.collectors.com/messageview.cfm?catid=26&threadid=881133
I don't know the people on the PCGS forum who claim that NGC holders impart toning, but other than the guy with the anecdotal example, the others look like they are just engaging the the favorite pass time on that forum, bashing NGC! The solid majority and the people I know and respect who answered in that thread all stated that the coins would not turn if stored properly.
I have no reason to suspect any hard plastic holder as a tone producer. Different paper and poor seal however are possible but very improbable with PCGS and NGC, so I would agree with Lehigh's statement. If the cause was the label, the toning would be accentuated more on the top of the coin.
The only thing I've ever heard is that the Fattys "breathe" more than other holders do. Meaning, they are not as air-tight as some of the later holders, and maybe that will allow coins to turn more easily than other holders? And I've not even seen proof of that statement regarding the "weather sealing" of the fatty's, so even that may be flimsy. And like your saying, even if that were true, no proof coins turn in holders, although I suspect some RED Lincolns I've handled in Fattys were no longer red by current TPG standards. It may be that it takes 150 years to turn in PCGS plastic, and only 110 years in Fatty plastic. (Yes, Doug we know no holder is absolutely airtight ) P.s. I love those old Fattie holders!
The old white ANACS were accused of toning coins too. They usually left a purple rim. I have a medal from CoinWorld commemorating their 40th or 50th year (if i remember correctly) that was immediately placed into an ANACS holder. Mine has developed a purple rim tone to it, and as far as i know it has never been exposed to anything other than that ANACS label.
I have two recently purchased Morgans in old NGC holders. Both exhibit a purple rim toning. It might be coincidence, but I was thinking the holder had something to do with it. It's a small sample size and I have no othe emperical data to support that Morgans in these holders will tone violet/purple from the rims. I just thought there might, and I stress might, be a connection. Here are the coins:
Well this is the coin I was talking about. And I just can't imagine what it came into contact with before the slab and paper to make it toen purple.
FWIW, it did not sell. I wonder why! But it got relisted as http://www.ebay.com/itm/1955-Double...74?pt=Coins_US_Individual&hash=item2c90a9a12e
The old PCI slabs did allow coins to tone over the years. Not sure why, but they did. You really see it with silver. Never thought that about the NGC slabs. I don't feel that's the normal for NGC.
For 4G that is alot of dough for this coin. Yes it is rare but for 4g I would wait for something better, but again it is pretty rare to get this coin in any condition.
I like that one. This seller is known for pictures in which the coins toning is enhanced. I bought a half dime from him and while I like the coin a lot, the coins toning is different in hand.