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The Myth of toned coins.....
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<p>[QUOTE="GDJMSP, post: 974276, member: 112"]For the sake of argument let's assume you're right even though I have heard differently. Let's just assume you are.</p><p><br /></p><p>Those bags were sealed up when they left the mint. And in that time a lot - I would argue the majority but those who wish to believe that somehow coins managed to stay untoned for a 100 years or more would argue otherwise - a lot of those coins in the bags toned during that time. And that still leaves 40 years after all of those releases for the coins to tone once those bags were opened.</p><p><br /></p><p>Now how many collectors do you know of that store their coins incorrectly even today ? How many more do you suppose there were 40 years ago and during the time since then ?</p><p><br /></p><p>You should be getting the idea. That being, that today there are very, very few of those coins that still have their original, untoned, mint finish on them.</p><p><br /></p><p>I stand by my original point.</p><p> </p><p><br /></p><p><br /></p><p>And I did not deny that. I used to buy them myself in the 1960's. But where were those coins all those years before paper rolls existed ? And those banks that did have the dollars in paper rolls - do you think they just kept them all ? No, they sold them to their customers. And then the customers brought those dollars back in to the banks and the banks rolled them up yet again. How many times do you suppose that happened ? How many of those dollars that were rolled in the '30s do you suppose stayed in those rolls, untouched until the 1980's ?</p><p><br /></p><p>Banks don't work that way. Rolled coins are unrolled and then counted when the bank audits the money they have on hand. And this is done all the time, usually several times a year. My aunt, who worked at the bank for 40 years where I used to buy my rolls of coins as a kid used to complain about it all the time ! She hated opening those rolls, counting the coins and rolling them back up again.</p><p><br /></p><p>Yes, there are some original blast white coins out there that have never been dipped. I've never denied that. But there are very, very few of them.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 974276, member: 112"]For the sake of argument let's assume you're right even though I have heard differently. Let's just assume you are. Those bags were sealed up when they left the mint. And in that time a lot - I would argue the majority but those who wish to believe that somehow coins managed to stay untoned for a 100 years or more would argue otherwise - a lot of those coins in the bags toned during that time. And that still leaves 40 years after all of those releases for the coins to tone once those bags were opened. Now how many collectors do you know of that store their coins incorrectly even today ? How many more do you suppose there were 40 years ago and during the time since then ? You should be getting the idea. That being, that today there are very, very few of those coins that still have their original, untoned, mint finish on them. I stand by my original point. And I did not deny that. I used to buy them myself in the 1960's. But where were those coins all those years before paper rolls existed ? And those banks that did have the dollars in paper rolls - do you think they just kept them all ? No, they sold them to their customers. And then the customers brought those dollars back in to the banks and the banks rolled them up yet again. How many times do you suppose that happened ? How many of those dollars that were rolled in the '30s do you suppose stayed in those rolls, untouched until the 1980's ? Banks don't work that way. Rolled coins are unrolled and then counted when the bank audits the money they have on hand. And this is done all the time, usually several times a year. My aunt, who worked at the bank for 40 years where I used to buy my rolls of coins as a kid used to complain about it all the time ! She hated opening those rolls, counting the coins and rolling them back up again. Yes, there are some original blast white coins out there that have never been dipped. I've never denied that. But there are very, very few of them.[/QUOTE]
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The Myth of toned coins.....
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