Will most rainbow toned coins eventually turn black?

Discussion in 'Coin Chat' started by C-B-D, Nov 7, 2016.

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  1. John77

    John77 Well-Known Member

    Exactly the way I feel on this... I wouldn't pay a penny over premium for a toned coin of the same grade as one with full original mint luster. In fact, I would pay less.
     
    John77, Nov 10, 2016
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  3. Vess1

    Vess1 CT SP VIP Supporter

    Btw, I realize we don't have the luxury of a pedigree for almost all silver dollars out there so for most , anything is possible. But we can also learn from the pedigreed examples. Whats interestingly lost in this convo is that crescent toned coins even exist. Forget multiple encapsulations. The mere chance happening of one MS silver dollar over-lapping another silver dollar in a harsh environment was enough protection to keep the covered face MS over a period of decades in harsh conditions with no protection.

    Meaning that it is possible that any number of nicely toned originals do exist, undipped.
     
    Vess1, Nov 10, 2016
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  4. GDJMSP

    GDJMSP Numismatist Moderator

    Do we know ? What I know is this, more than few knowledgeable people believe the BC coins to be AT. I also know that one of those "mint sealed bags" of 1887 Morgans contained some 1904-O Morgans.

    I also know that it was not uncommon for "mint sealed bags" to be opened, salted with coins, and then resealed. Fraud of this type, and others, has been perpetrated upon the hobby for as long as anyone alive can remember. And long before that as well. Some of the best known and biggest names in numismatics have been involved in fraud. Even John J. Ford was proven to have been involved in fraudulent schemes.
     
    GDJMSP, Nov 11, 2016
    #43 + Quote Reply
  5. GDJMSP

    GDJMSP Numismatist Moderator

    That I do not doubt. Of course there are some Morgans that have never been dipped. But they are the exception, not the rule. (and Morgans are the only exception) There are millions and millions more of them that have been dipped. And rightfully so for dipping coins is and always has been often necessary to protect the coins. Dipping coins is not the bad thing that many people make it out to be. Had dipping coins not been so long lived and widespread we would not even have the coins the we have today. And that includes many, a great many, of the beautiful toned coins we have today. And not just Morgans.
     
    GDJMSP, Nov 11, 2016
    #44 + Quote Reply
  6. Vess1

    Vess1 CT SP VIP Supporter

    I was under the impression that original mint seals were cut with witnesses? I know that some 1904-Os were in a bag but it's just as likely the mint themselves carelessly added them in and all happening at a time when nobody cared about toning. Are you implying you think they were AT'd in 2004? Somebody knows the truth.
     
    Vess1, Nov 11, 2016
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  7. GDJMSP

    GDJMSP Numismatist Moderator

    Maybe they were, but so what ? All those witnesses could have seen is what they assumed were original seals. But that doesn't mean they really were original seals.

    The mint themselves carelessly added them in ? :rolleyes: C'mon now ! Coins bagged and sealed by the mint are bagged and sealed by the mint when the coins are minted - in this case, 1887 in other words. And then, 24 years later, the mint carelessly opened a sealed bag of 1887 coins, removed some of the original coins that were in the bag, and replaced them with coins from an entirely different mint, and then put a "new original seal" on that bag ?

    This, and this is a fact not conjecture or an opinion, all by itself, discounts your first comment about the witnesses.

    I'm not implying that I think anything. I'm merely reporting what more than a few other knowledgeable people think.
     
    GDJMSP, Nov 12, 2016
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