I am furthering my education in coins and as an avid collector of peace dollars, I was wondering what the problem is with this coin except that it is toned. The reverse looks strong, the obverse a little weak. Is the toning unnatural? I don't have the skills necessary to post the ebay picuture but it is item 330112463442 and is a 1924-S. I know that if it had real value that it would be submitted to PCGS or NGC for certification instead of NNC. Has it been cleaned in certain areas to show detail? Thanks for any and all responses.
Im not sure about the toning, but i would be weary of the slab ... NNC? Not a main TPG .. and the price he says a ms65 is worth is the PCGS price guide for PCGS coins ... To me, the moto on the reverse is to messed up to be a ms65 ... but that is just MHO good luck!
Courtesy link. The tarnish looks like the type which results from long-time storage in an old cardboard folder/album, such as the Whitman folders from the '40s. Mentioning the PCGS price guide for an MS65 in the auction of an NNC EF-AU misgraded as MS65, is about as relevant as mentioning the current value of a 1985 Maserati Biturbo in the auction of a 1985 Yugo.
Toning doesn't look too bad, though I'd say MS65 is a bit generous. Not even a PCGS MS65 is worth what the PCGS price guide says it is lol... and this isn't PCGS. It's still a good coin but don't pay MS65 money for it.
I would not suggest buying such a coin, toning like that is a half step away from corrosion. And it may already be too late.
The NNC grader tells me a lot. There are too many coins on ebay that are misrepresented as a higher grade than they really are. Often these grading companies are in a close relationship with the sellers. If you have some doubts about the coin then don't buy it. Move on and find another.
Silver doesn't corrode. And that toning is not ugly.......it is beautiful. NNC is some random 3rd tier TPC so the coin is probably only AU-58 to MS-60 but still a nice coin.
On that you are mistaken, silver most definitely corrodes. Any toning is a very mild form, the very beginnings if you will, of corrosion. But once toning turns that dark, once it begins to go black, the very next step is full blown corrosion. And if the toning were removed the evidence of that corrosion would be pits and a rough surface on the coin.
I second that motion...silver is used as an anode is some biological sensors like those used in PO2 sensors to determine the Partial pressure of Oxygen in a liquid. The only difference between the anode and the coin in this case is that the silver anode is subject to very mild electrical signals in (mA). The first thing to happen is oxidation of the silvers surface in short order.(fyi the anode is submerged in KCL) Right on Doug..right on!! RickieB
I would stay away. Personally, I think that toning (if you want to call it toning lol) is hiding a lot. Possible has more marks than it is showing, and was toned to hide a lot. Would PCGS bag something like this? Another problem with it is, NNC. They normally overgrade, and PCGS won't touch coins graded by them if I remember right (due to altered surfaces, and I think this coin is altered). The toning might be real, but it looks like it is hiding a lot IMO. I personally would only go a 62 on it, with out looking at it in hand. but not a 65 IMO. All this is my two cents, and could be way off, but this is all my opinion at the present time. Phoenix
