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<p>[QUOTE="-jeffB, post: 2964769, member: 27832"]Without sidetracking into the whole "what is AT vs. NT" philosophical debate, I'll defer to your opinion that this coin is <i>poorly</i> toned by today's market standards. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>I got this coin in a lot of 10. All 1887-P, all AU to low mint state, each stapled into a cardboard 2x2, and all put into a 3x4-pouch vinyl (?) 3-hole page. The seller inherited the lot, I think; it was listed as an eBay BIN, with the title "Morgan Dollar" and an image of one coin, at $150. I had to read the whole description to realize that it was <i>ten</i> coins for that price -- at a time when melt value was around $25/coin. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /></p><p><br /></p><p>I don't think I have images from the lot when i first got it, but I suspect that the coins have toned a bit further since I got them. In other words, they or the 2x2s may have something active on them. If the toning <i>is</i> progressing, it's moving from the rims inward, and somewhat uniformly.</p><p><br /></p><p>So, I didn't <i>set out</i> to do a toning experiment on this batch, but I wonder if I should leave the other eight in their original (to me) packaging and see what happens? I don't think any of the coins are high-MS or desirable VAMs, so I don't think there's a big downside. The upside is that I may learn some more about toning progression.</p><p><br /></p><p>And meanwhile, I certainly won't generalize my experience with these coins to the entire toned-coin market![/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 2964769, member: 27832"]Without sidetracking into the whole "what is AT vs. NT" philosophical debate, I'll defer to your opinion that this coin is [I]poorly[/I] toned by today's market standards. :) I got this coin in a lot of 10. All 1887-P, all AU to low mint state, each stapled into a cardboard 2x2, and all put into a 3x4-pouch vinyl (?) 3-hole page. The seller inherited the lot, I think; it was listed as an eBay BIN, with the title "Morgan Dollar" and an image of one coin, at $150. I had to read the whole description to realize that it was [I]ten[/I] coins for that price -- at a time when melt value was around $25/coin. :rolleyes: I don't think I have images from the lot when i first got it, but I suspect that the coins have toned a bit further since I got them. In other words, they or the 2x2s may have something active on them. If the toning [I]is[/I] progressing, it's moving from the rims inward, and somewhat uniformly. So, I didn't [I]set out[/I] to do a toning experiment on this batch, but I wonder if I should leave the other eight in their original (to me) packaging and see what happens? I don't think any of the coins are high-MS or desirable VAMs, so I don't think there's a big downside. The upside is that I may learn some more about toning progression. And meanwhile, I certainly won't generalize my experience with these coins to the entire toned-coin market![/QUOTE]
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Is the Morgan toner market cooling?
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