Reply to Thread

Message:: [QUOTE="jolumoga, post: 26780377, member: 41780"]I think the truth is in the middle. We will never know the exact percentage of silver dollars that were dipped, but it's very high. Some estimates put it at 80 to 90 percent I believe. My understanding - and I think this came from ChatGPT's help yesterday - is that dipping was so common that it became a business decision for the TPGs to be lenient on it. However, given that cartwheel luster is so important for very high-grade coins, the system has a check - too much dipping will penalize them, relegating them to at best a lower-grade mint coin. I'm starting to see that there is a feedback loop between the marketplace and the hobby. We see the hobby as an individualized experience ("I really like that coin"), but it's as much or more a collective experience shaped by a community that includes businesses that need to run.[/QUOTE]