I would love to hear your thoughts and reasoning for this coin here. I came across this just now online being sold for $2,500. I immediately assumed AT, but I'm often a pessimist. Everyone's input is welcome. I have asked for better photos of the reverse, these are the 8 photos available at this moment. @physics-fan3.14 @robec @desertgem @GDJMSP @Jack D. Young
Sorry for that kind of money, I sure would buy something else. Like a type 1 $20 Liberty or a 1900 O/CC High grade Morgan, on and on.
NT, it must have toned in the slab. PCGS is a pain with toning, and if there was ANY question, they would have AT's it
Obviously the price is ludicrous and I wouldn't buy it for a tenth of that price. However, the toning looks NT. Silver eagles are known for wild toning. Remember, they are 100% silver instead of the 90% of normal coins - their toning patterns are going to be different. I don't see any immediate indicators on this coin that would point to AT. Now, its possible that its just a really good AT job, but I don't think so.
It could easily be NT or AT. Toning similar to that is not at all difficult to cause to happen in a matter of hours. And since ASEs are prone to toning very quickly it could have happened in a completely natural setting in a year or two, or longer.
Thank you everyone for your thoughts. I had no intention of buying, just trying to learn. The fact that it was an ASE, and proof at that, had me scratching my head.
May I ask why it had you scratching your head ? I mean is there some reason that you think ASEs, Proof or business strike, can't tone like that ?
The thought behind it was that any other coin (like a Morgan) that exhibited such toning would most likely be AT. My gut reaction was to say AT, but then recognizing that it's an ASE and proof at that, meant there was a possibility of being NT. Edit: the coin has already sold!
OK, but I'm still curious, why ? What is it about that type of toning that makes you think AT ? I mean if ya know how toning works ya know it's progressive, meaning it starts out at the lighter colored end of the spectrum and gradually darkens as it progresses. And it usually starts at the outer edges of the coin, not always, but it usually does. And typically the color pattern will repeat, although sometimes certain colors are skipped in the progression pattern. And that's exactly what we see on this coin. On both obv and rev the toning at the outer edges has reached or nearly reached the terminal stage since it's that toning that's been there the longest, flowing through lighter colors as you move towards the center of the coin. And the same thing typically happens on Proofs and business strikes alike though the "look" will be different because of the differences in types of luster. Now of course these toning patterns can vary because of the differences in the various storage methods. If a coin is surrounded by cardboard at the outer edges, one of the most common methods, then the toning usually starts at the edges. It also starts at the edges when hard plastic holders and/or coin tube are used. If a coin is placed in an envelope or wrapped in tissue paper that toning can start anywhere. Same thing when a flip is used. In other words, everything about the toning on this coin screams completely normal. And that's the reason for my questions.