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question @ toning for Carson City Morgan officionados
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<p>[QUOTE="GDJMSP, post: 2691899, member: 112"]About the only time that one can be reasonably certain that a given coin was from the GSA hoard is if that coin is in a GSA holder, or so marked on the slab. There are several reasons for this but I would say that chief among them is the mintage number and the number sold in the GSA sales. With the '82-CC there were 1.1 minted and 605 thousand sold in GSA sales. But that said, yes it reasonable that the GSA coins outnumber the others in the total number extant because a large percentage of the others have not survived while most the GSA coins did. </p><p><br /></p><p>Then you must take into account that the GSA sales occurred between 1971 and 1980. And back then the degree of popularity for attractively toned coins was but a fraction of what it is today. So many of those GSA coins that were toned were removed from their GSA holders and dipped, to remove the toning. Still others were just removed to be placed in albums, which at the time was the most popular storage method, in flips, or 2x2s. In later years when the TPGs came along still more, and some might argue even a larger percentage, were removed from the GSA holders and submitted for grading. </p><p><br /></p><p>So when one takes all of this into account, that is why about the only way one can know a coin was a GSA coin is if it is in a GSA holder or so marked on the slab.</p><p><br /></p><p>When it comes to toning, especially nice toning, well ya just never know. Yeah, the coin might have toned in the bag, but the number of those that did is limited for most in the bags did not acquire that attractive toning, only a tiny percentage did. And of those many were dipped in the early years following the GSA sales as previously mentioned. It then becomes far more likely that any attractive toning occurred after the GSA sales due to storage methods. And let's not forget what happened once the toning craze took off after the turn of the century, a great many coins were artificially toned. Which when done correctly cannot be differentiated, by anybody, from natural toning.</p><p><br /></p><p>So, what are the odds of a given '82-CC, attractively toned, being one of the GSA coins ? Slim to none when you come right down to it. Unless it's in a GSA holder or so marked on the slab. And attractively toned coins in a GSA holder are extremely scarce.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2691899, member: 112"]About the only time that one can be reasonably certain that a given coin was from the GSA hoard is if that coin is in a GSA holder, or so marked on the slab. There are several reasons for this but I would say that chief among them is the mintage number and the number sold in the GSA sales. With the '82-CC there were 1.1 minted and 605 thousand sold in GSA sales. But that said, yes it reasonable that the GSA coins outnumber the others in the total number extant because a large percentage of the others have not survived while most the GSA coins did. Then you must take into account that the GSA sales occurred between 1971 and 1980. And back then the degree of popularity for attractively toned coins was but a fraction of what it is today. So many of those GSA coins that were toned were removed from their GSA holders and dipped, to remove the toning. Still others were just removed to be placed in albums, which at the time was the most popular storage method, in flips, or 2x2s. In later years when the TPGs came along still more, and some might argue even a larger percentage, were removed from the GSA holders and submitted for grading. So when one takes all of this into account, that is why about the only way one can know a coin was a GSA coin is if it is in a GSA holder or so marked on the slab. When it comes to toning, especially nice toning, well ya just never know. Yeah, the coin might have toned in the bag, but the number of those that did is limited for most in the bags did not acquire that attractive toning, only a tiny percentage did. And of those many were dipped in the early years following the GSA sales as previously mentioned. It then becomes far more likely that any attractive toning occurred after the GSA sales due to storage methods. And let's not forget what happened once the toning craze took off after the turn of the century, a great many coins were artificially toned. Which when done correctly cannot be differentiated, by anybody, from natural toning. So, what are the odds of a given '82-CC, attractively toned, being one of the GSA coins ? Slim to none when you come right down to it. Unless it's in a GSA holder or so marked on the slab. And attractively toned coins in a GSA holder are extremely scarce.[/QUOTE]
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question @ toning for Carson City Morgan officionados
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