Is this toning even possible?

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Toners never fail to amaze me. That’s the primary reason I don’t buy them for the most part.

 

Classic illustration of "we know how to gas slabbed coins, but aren't very good at it".

 

It surprises me that Heritage would even have this in an auction.

 

Although, that is one reason to collect them. There's always something to surprise you.

 

That is ugly.

 

and of course the back side is okay

 

The bottom of the coin '96' looks funky and of course it is the closest internal area to the seal. IMO. Jim

 

How sad

 

It's still silver bullion, worth whatever an ounce of silver is worth. Surely someone out there will want it, even if it's just to buy it at market value of silver and crack it out to add it to their silver stack.

 

And there will likely be a bidder that sees the toning as a premium, as that is what youtube preaches.

 

Back in the 1990's everyone wanted shinny coins, so Morgans and other silver went from toned to clean due to expert dippers. Now over the last decade and a half toning is hot, so Morgans and other silver goes toned again. But you guys enabled that by paying big bucks for toning.

And in another few years when people want shinny coins again, I suspect the expert dippers will be at work getting rid of the toning and sending the coins back to NGC and PCGS for re-slabbing. And you guys will be paying big bucks for that.

 

It reminds me of the gassed slabs. Silver Eagles and fairly common world coins (many that are under $100) are the biggest targets for this since they are inexpensive. If it doesn't work out (like this example where the color appears unappealing), there won't be a big loss (and sometimes it still garners a profit).

 

Why? Someone will probably pay silly money for it, and Heritage will make a nice profit. Then if they change their mind or later decide it was artificially toned Heritage can just say "take it up with the TPG".

 

Gassed and ugly. Someone please dip this coin

 

I has a ASE and the reverse was immaculate and the obverse looked like the above. I don't believe it was altered/gassed.

 

Possible? Yes. Natural? I think not. There is a fun video floating around on Youtube that shows you how many of these ASEs are made.

 

Time again to start gnawing at the question of whether deliberate toning can be anything but "artificial" toning...