My PCI toned Morgan that didn't cross

Discussion in 'US Coins Forum' started by mike79, Feb 5, 2021.

  1. mike79

    mike79 Member

    1898-O, originally graded MS64 in old green holder (the real one)....sent to PCGS thru GC, did not cross, ended up in Details holder:

    https://www.greatcollections.com/Co...ver-Dollar-PCGS-Genuine-Unc-Details-Art-Toned

    total BS how PCGS decides Silver Eagles in old school PCI holders are ok with their toning, yet Morgans are somehow not ok....

    super lustrous, original, problem-free, GORGEOUS in hand.....an unfortunate crossover disaster for me

    I'm sure if Legend had submitted this, it would've gotten the bells and whistles of a 65 with a +

    it deserved it, esp. when you look at it in hand

    lesson learned....send your PCI target toned Morgans to a place like Great Toning on Ebay
     
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  3. mike79

    mike79 Member

  4. Evan Saltis

    Evan Saltis OWNER - EBS Numis LLC

    In my opinion, toned ASEs seem to get away with much more artificial color than any other type. I don't buy toned coins generally, but most likely will never grab a toned ASE.
     
  5. Jaelus

    Jaelus The Hungarian Antiquarian Supporter

    Yep I had the same thing happen to me back when the standards stealth changed. Unfortunately the TPGs tightened up on MA toning a few years back. I wouldn't try to cross a PCI toned Morgan nowadays.
     
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  6. Collecting Nut

    Collecting Nut Borderline Hoarder

    Wish I could see it but I don't do links.
     
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  7. mike79

    mike79 Member

    I promise, the link is straight to the GC auction
     
  8. mike79

    mike79 Member

    PCGS has their guidelines for what's ok toning-wise, NGC has their standards, etc

    It's absurdly arbitrary, and there is NO definition of standards.

    It's a game, and we're all invited to play.
     
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  9. Inspector43

    Inspector43 More than 75 Years Active Collecting Supporter

    If we are not getting the results that we expect we should stop using the service.
     
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  10. Paddy54

    Paddy54 Well-Known Member

    This is why I won't try and cross my toned Morgans in PCI slabs.
    First of all to my liking they are worth more in the old green slab, and second PCGS and NGC never want to give the collector the benfit of doupt....however let modern coin mart or another large company send in coins as such ...and they all get 70's!
    Next on keys and semi keys they never want to give you the next grade up with pricing jumping by tens or hundreds of dollars.
    There have been way to many examples posted here over the years 20180331_092135.jpg 20180331_092227.jpg

    This will remain right where she is.....anyone with a good eye can see what this specimen is .....a nicely toned frosty proof like coin end of story.
    Will also adc if I sold this it be for 66 PL moneys with a premium for color.
     
    Last edited: Feb 5, 2021
  11. mike79

    mike79 Member

    you, my friend, have the right idea

    I tried it b/c I thought the coin was so OBVIOUSLY ok, that it would cross, at any grade.

    Morgans with wacky toning usually have luster issues, along with their strange colors. An 1890s New Orleans Morgan with that blazing luster and obvious PCI coloration should've been an easy crossover....

    but I stand corrected
     
    Last edited: Feb 6, 2021
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  12. mike79

    mike79 Member

    just for clarification, yes, I submitted it in the holder....no crack-out
     
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  13. C-B-D

    C-B-D Well-Known Member

    I get it still goes for $150
     
  14. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    Sorry, but I agree with PCGS. The toning looks very dubious to me. I have not seen a Morgan with that toning pattern that was Market Acceptable.
     
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  15. charley

    charley Well-Known Member

    i question the color progression. it is not an unknown pattern and has been linked in the past to a midwest coin doctor chemical gassing process.

    i would have liked to have seen it in hand.

    it is still attractive and there are many buyers for this type of coloring, with or without the coffin i.d.

    of course it is sort of kicking the can down the road and disclosure is always better.
     
  16. baseball21

    baseball21 Well-Known Member

    False
     
  17. mike79

    mike79 Member

    it's the same color progression that you see on those target toned ASEs from PCI holders

    570317-1.jpg
     
  18. baseball21

    baseball21 Well-Known Member

    ASEs tone in very different ways than Morgans, they aren't a comparison. They have a different composition, different mint washes etc
     
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  19. charley

    charley Well-Known Member

    the coin you display is not the same at all in progression.
     
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  20. charley

    charley Well-Known Member

    are you stating that color break progression, as to questionable at vs. nt, is not possible for determining that a serious question of coin doctoring is probable?
     
  21. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    Doesn’t matter. The coin looks clearly gassed to me. So do a lot of those ASEs, with a similar toning pattern. There are coin doctors in Chicago and Orlando that are known for that pattern. They gas coins in the slabs, as they are not airtight. This is well known in the coin world, and has been for over a decade.
     
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