Hi, Here's my dilemma, I've been collecting silver eagles (business strikes & proofs) for quite awhile and have been keeping up on the set. Back in the 90's I started to submit them to PCI for grading & encapsulation. For some reason I've stopped submitting them since 2001. I'm noticing now that almost all of them have started toning and some are not very appealing to look at. One of them is the 1995W. I'm questioning whether it was a good idea to submit them. What I'm wondering is that should I keep them in the capsules or should I break them out and return them to their original mint packaging (this is for the proofs of course)? Also, what would the toning do as far as a resale value is concerned (esp. the 1995W). I'm more concerned for the proof than the business strikes. From 2001 to present I've kept them in the mint packaging (proofs). I'm kinda bummed out for I was hoping that by getting them encapsulated I would be avoiding the toning process that usually happens to coins. Your advice will be appreciated. Mark
Don't get very bummed out it - silver tones, some sooner, some later, all at some point in time. You may have sped the process up a bit when submitting maybe not. Could be the removing, handling, mailing or whatever hastened the toning maybe not. Also PCI was not a good place to go with them for any reson IMO but you can't go back. If I wanted perfect silver eagles this is what I would suggest: Re-Buy them all un-toned in carefully selected PCGS holders, buy the intercept over-wrapps, store them in a climate controled area with low humidity and hope for the best. That's all you can do or, learn to love them the way they are a stop worrying. Perfection is way over-rated in the first place and a waist of time in most cases. These are not rare coins and the value will not be lowered that much no matter what. You can always trade up or find, learn how you can safely dip them at some point so they are white again. Even then they will re-tone probably even faster depending on storage, etc. There is few other options for you other than those. Your cheapest and best overall choice is adjusting your expectations of modern silver coins and toning and learn to love them as they are.
The amount of toning plus the type and color of the toning, can affect a coin's grade in either direction. Toning can affect price as well, but not always. There is no minimum or maximum to the impact, up or down. The only exception is black spots. They never increase the grade or the value.
I'm having the same problem also. IMO I've never seen any toned ASEs that I consider attractive. I'm not a fan toned coin lover to begin with, but I have seen some Morgans and Jefferson Nickels that are quite attractive even to me that are toned.
Bad toning answer Dude, your better off submitting to PCGS,easy to liquify,dealers easily buy back, you need to get going on submitting that 95w before it gets worse!HEEEEEEEEEEEYAAAAAAAAAAAAAAAA!!lol,no but seriously pcgs or NGC!
Thanks for all your responses and advice. I think eventually I will have all my proofs in PCGS holders starting with the '95W. There's never a dull moment in coin collecting!
Sounds like you purchased your ASEs at spot (bullion issues) or mint price (proofs) over the years. Many people would like to be in your situation even with the toning. I use intercept shield holders for my bullion ASEs and all are still bright white. As far as the proofs go, as long as you are not in a very humid climate, they should hold up for quite a while. I live in the Northeast so humidity is not a problem, except for 2-3 weeks every July/August. You may want to store with a desiccant or consider a dehumidifier. If you submit to a TPG now, there is an issue of whether or not you will ever be able to recoup those costs in the future. Regardless, sounds like you have quite a collection of ASEs. That 1995w will always be in demand regardless of toning. TC
