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<p>[QUOTE="Lehigh96, post: 660114, member: 15309"]This coin has always perplexed me. It has both AT & NT indicators. The color and progression seem to indicate AT. However, the fact that the recesses in the hair are a different color than the high points is a strong indicator of NT and very difficult to duplicate. Also, the lettering (especially PLURIBUS) rest on toned areas but the lettering is not the same color, again an NT indicator. Personally, I will always group this coin in the QT category.</p><p><br /></p><p>One of the most compelling reasons to support NT for this coin is from it's pedigree. This coin is from the Binion Hoard. Binion was not a coin doctor, he simply hoarded silver dollars. It is entirely possible that this toning could have been caused by some method of improper storage which is likely given the heritage of the coin. Having said that, the coin could have been artificially toned before Binion acquired it.</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Morgan%20Dollars/MorganDollar1884-ONGCMS63BinionH-1.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>Although NGC decided to grade the coin, I probably would have bagged it if I were a grader because I would not have considered it market acceptable.</p><p><br /></p><p>BTW, where are you seeing mustard yellow. I would call that orange and pale yellow.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 660114, member: 15309"]This coin has always perplexed me. It has both AT & NT indicators. The color and progression seem to indicate AT. However, the fact that the recesses in the hair are a different color than the high points is a strong indicator of NT and very difficult to duplicate. Also, the lettering (especially PLURIBUS) rest on toned areas but the lettering is not the same color, again an NT indicator. Personally, I will always group this coin in the QT category. One of the most compelling reasons to support NT for this coin is from it's pedigree. This coin is from the Binion Hoard. Binion was not a coin doctor, he simply hoarded silver dollars. It is entirely possible that this toning could have been caused by some method of improper storage which is likely given the heritage of the coin. Having said that, the coin could have been artificially toned before Binion acquired it. [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Morgan%20Dollars/MorganDollar1884-ONGCMS63BinionH-1.jpg[/IMG] Although NGC decided to grade the coin, I probably would have bagged it if I were a grader because I would not have considered it market acceptable. BTW, where are you seeing mustard yellow. I would call that orange and pale yellow.[/QUOTE]
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