My impression from my prospecting for a Carson City Morgan dollar "type" coin from 1882 - i.e., I was looking for a certified 1882CC $1 with nice toning - and what I discovered was that most of the many coins available from that year (a common year, right?) if toned, are only toned on one side. Does this have something to do with the GSA hoard and the way it was stored? And if an MS64 to 66 coin has toning on both sides, does that mean if was probably not from that hoard? Just wondering?
hmm - so what does that say about the few certified coins of this type with consistent toning on both sides?
There's a pretty good chance that a two sider happened after it left government or bank storage. Likely what TC posted.
In general, two sided toning (particularly monster toning) is less common for any date and as mentioned by @TypeCoin971793 would mostly happen from an album or being in an envelope. Theoretically, a coin from a bag could have toned on one side and later been shifted to the other side and toned again, but the chances of that are slim.
The colorful kind that produces the big premiums. Most things labeled as monster though really aren't
It is difficult to draw a line. It is one of those subjective items. This site has a good starting point: http://www.jhonecash.com/coins/tonedmorgans.asp
This ebay seller would beg to differ! http://www.ebay.com/itm/1899-O-Morg...039592?hash=item2efe6ccfe8:g:iFAAAOSw4DJYi3R5 I enjoyed the description: "When it comes to toned coins, this coin wins a prize for ugly toning. But hey, some people like that. And that's OK. We don't judge around here. Own this New Orleans minted dollar today!"
It's aficionado. I guess officionado could be translated as "workaholic" lol No matter the year/mm, it seems Morgans with toning on one side are common, whereas those with *nice* toning on both sides are scarce.
About the only time that one can be reasonably certain that a given coin was from the GSA hoard is if that coin is in a GSA holder, or so marked on the slab. There are several reasons for this but I would say that chief among them is the mintage number and the number sold in the GSA sales. With the '82-CC there were 1.1 minted and 605 thousand sold in GSA sales. But that said, yes it reasonable that the GSA coins outnumber the others in the total number extant because a large percentage of the others have not survived while most the GSA coins did. Then you must take into account that the GSA sales occurred between 1971 and 1980. And back then the degree of popularity for attractively toned coins was but a fraction of what it is today. So many of those GSA coins that were toned were removed from their GSA holders and dipped, to remove the toning. Still others were just removed to be placed in albums, which at the time was the most popular storage method, in flips, or 2x2s. In later years when the TPGs came along still more, and some might argue even a larger percentage, were removed from the GSA holders and submitted for grading. So when one takes all of this into account, that is why about the only way one can know a coin was a GSA coin is if it is in a GSA holder or so marked on the slab. When it comes to toning, especially nice toning, well ya just never know. Yeah, the coin might have toned in the bag, but the number of those that did is limited for most in the bags did not acquire that attractive toning, only a tiny percentage did. And of those many were dipped in the early years following the GSA sales as previously mentioned. It then becomes far more likely that any attractive toning occurred after the GSA sales due to storage methods. And let's not forget what happened once the toning craze took off after the turn of the century, a great many coins were artificially toned. Which when done correctly cannot be differentiated, by anybody, from natural toning. So, what are the odds of a given '82-CC, attractively toned, being one of the GSA coins ? Slim to none when you come right down to it. Unless it's in a GSA holder or so marked on the slab. And attractively toned coins in a GSA holder are extremely scarce.
While I have seen coins in GSA holders that were toned on both sides, they're not common. After the GSA sale, coins that found their way into albums or Kraft envelopes would be subjected to toning further. Some may have found their way into actual paper rolls. A folded paper pattern (envelope, roll) indicates that the toning was not present at the time of the GSA sale, since those coins were never wrapped in paper, only canvas bags. Toning masked by another coin (crescent toning) is typical of original toning from a bag, although this could be simulated when toning a coin artificially.
Here tis'. Decided it was unusual enough to pay a modest premium for it. Very nice in hand - as per this discussion and other research - likely "envelope" toning, first cycle? A little darker on the rim, similar to Newman coins I've seen that we know were in albums. And thank you DGJMSP - not likely GSA. MS64 - good enough for me.
Most likely album toning. Not especially attractive toning with the fade to black. It does look like a non-GSA 64, and is a good coin.
