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<p>[QUOTE="yakpoo, post: 5361498, member: 18157"]Interesting question...when I was young (when coins >5¢ were still struck on 90% silver planchets), my Father taught me that the goal of coin collecting is to complete a series with coins that look as close as possible as the day they fell from the dies. He said that any kind of toning is PMD.</p><p><br /></p><p>Since 1964, more and more silver struck coins made their way out of bank storage and into the hands of collectors. Many of these coins developed attractive rainbow toning over many years of storage; each one unique.</p><p><br /></p><p>When I returned to coin collecting around 2005, a lot had changed. Coins were now graded and encapsulated in TPG slabs and now attractively toned coins command a premium over coins with original surfaces. I can't say which is "right" or "wrong", but Numismatics has certainly changed over the past 60 years.</p><p><br /></p><p>My "Value" equation is..."Value = Collector Base / Availability". The Availability of attractive, naturally toned coins is limited while the Collector Base has expanded over the years...increasing prices. Whenever there's a way to profit from coins, you will find unscrupulous dealers willing to cut corners.</p><p><br /></p><p>This is why I've stuck with my Father's advice and only pursue the best (untoned) examples. When my Father passed in 2005, the coins he put away in the late 50's and early 60's were all wrapped in aluminum foil (acts as an intercept shield). I opened a couple of his packages and the coins were as pristine as the day they were put away. I now wrap all my stored coins in aluminum foil to prevent toning.</p><p><br /></p><p>I'm definitely in the minority when it comes to this topic.[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 5361498, member: 18157"]Interesting question...when I was young (when coins >5¢ were still struck on 90% silver planchets), my Father taught me that the goal of coin collecting is to complete a series with coins that look as close as possible as the day they fell from the dies. He said that any kind of toning is PMD. Since 1964, more and more silver struck coins made their way out of bank storage and into the hands of collectors. Many of these coins developed attractive rainbow toning over many years of storage; each one unique. When I returned to coin collecting around 2005, a lot had changed. Coins were now graded and encapsulated in TPG slabs and now attractively toned coins command a premium over coins with original surfaces. I can't say which is "right" or "wrong", but Numismatics has certainly changed over the past 60 years. My "Value" equation is..."Value = Collector Base / Availability". The Availability of attractive, naturally toned coins is limited while the Collector Base has expanded over the years...increasing prices. Whenever there's a way to profit from coins, you will find unscrupulous dealers willing to cut corners. This is why I've stuck with my Father's advice and only pursue the best (untoned) examples. When my Father passed in 2005, the coins he put away in the late 50's and early 60's were all wrapped in aluminum foil (acts as an intercept shield). I opened a couple of his packages and the coins were as pristine as the day they were put away. I now wrap all my stored coins in aluminum foil to prevent toning. I'm definitely in the minority when it comes to this topic.[/QUOTE]
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