I can do that, Bob, if you're okay with a late Memorial proof...say mid 1990's. But it would be an untoned one. I think MS70 reacts with toning particularly. I'll give it a whirl early next week. I'm on a business trip until then (Laguna Seca raceway! Woo-hoo!). Lance.
Lance, bust out the photo of that really nice 1915 Lincoln cent you have that just graded PCGS MS 65 BN. That sure is a nice one. Matt
I hear what your personal hobby P&L might read, but if you factor in personal enjoyment and life enrichment I think you have been in the black all along sir. If someone is a coin collector for profit, they should just stop collecting and become a dealer. See my Avatar pic? I horribly overpaid for it and it will never sell for what I paid for it most likely. I don't care, I have already gotten at least my purchase price back from it in enjoyment and satisfaction. Chris
Thanks, Matt. Here it is. It's always fun buying a raw coin from so-so pix, being surprised by it, and getting a fair shake from the TPG. Wish it would happen more often. Lance.
Thanks for posting the 1915 picture Lance Leadfoot, how am I supposed to stay away from a coin like this beauty? Would you say it is MS 70 handy work and pass? I suppose being "wary" doesn't indicate a flat out no, but would you say there are blue and purple hues that are more acceptable on copper than others. Matt
In the order you ask.... IMO, simply go into the transaction with your eyes open and don't spend a premium for a coin whose color may be AT. Yes, I would call it MS-70 and pass. Blue/Purple hues are NOT acceptable to many/most collectors -- because they are unnaturally induced. Other collectors (and some dealers) simply look the other way. What you do is entirely up to you.
Thanks Lead, I appreciate your input. I agree with it on one level, but I disagree on another. I must say that when it comes to toning I prefer the words intentional, unintentional to natural, unnatural as all toning is a "natural" process. With that said, I would add from my experience, that blue on copper is one of the first and easiest colors to show up weather intentional or not. When we know that colors develop on coins all by themselves (sitting in a paper envelope, a stained wooden desk, etc.) a blanket statement that all blue is intentional is pretty strong. To me, that is the same as saying every toned coin such as a Morgan dollar or Buffalo nickel is a home science experiment. For example, I found this 1955 S Lincoln cent pop out of a sack of cents that had been stashed for years. It was a mixed lot of all dates and grades and I kept it as one of the surest examples I could find that blues happen all by themselves. Sure, it isn't a total blazer, and the real gaudy bold colors probably should get a pass, but with copper, you buy it one way and bring it home and it pretty much does what it wants. Maybe I buy a nice RD cent and put it in my gun safe with some freshly cleaned, oiled guns and next season Whala! not red anymore, and probably on its way to brown or blue. That is one of the reasons I prefer copper in the MS BN designation, coins that have full detail, but have made most of their final transition that is inevitable, and if blue want's to develop at that point, that is a bonus in my book. Matt
I agree with Matt. Blue toning is one of the first levels of toning on copper. As a copper collector, I believe it is unwise to make a blanket statement about immediately rejecting any coin with blue/purple as intentional toning.