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<p>[QUOTE="GDJMSP, post: 25245187, member: 112"]And nobody else ever does either. That's the thing about dipping coins, it's always a crapshoot. </p><p><br /></p><p>That said, years ago there was a dealer who got his hands on a rare date/mint Morgan that looked much like yours, but toned even darker. It was slabbed and graded, he'd paid $56,000 for it. But he knew that since it was mark free and if he dipped it and it still retained its luster under that dark black toning - that its value and grade would increase greatly. So he decided to roll the dice.</p><p><br /></p><p>He dipped the coin, which immediately removed the black toning which revealed very nice luster underneath it. He sent it in for grading again and it came back a 65. He put it in an auction and the coin realized $152,000. </p><p><br /></p><p>It is not at all uncommon to find a gem hidden by all that dark toning. But it is also not at all uncommon to find dull, lifeless surface where the luster has been destroyed by all that dark toning. In the end it all comes down on whether you're willing to roll the dice or not.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 25245187, member: 112"]And nobody else ever does either. That's the thing about dipping coins, it's always a crapshoot. That said, years ago there was a dealer who got his hands on a rare date/mint Morgan that looked much like yours, but toned even darker. It was slabbed and graded, he'd paid $56,000 for it. But he knew that since it was mark free and if he dipped it and it still retained its luster under that dark black toning - that its value and grade would increase greatly. So he decided to roll the dice. He dipped the coin, which immediately removed the black toning which revealed very nice luster underneath it. He sent it in for grading again and it came back a 65. He put it in an auction and the coin realized $152,000. It is not at all uncommon to find a gem hidden by all that dark toning. But it is also not at all uncommon to find dull, lifeless surface where the luster has been destroyed by all that dark toning. In the end it all comes down on whether you're willing to roll the dice or not.[/QUOTE]
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Opinions. Dark toned Morgan
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