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Why did NGC bag the coin as AT?
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<p>[QUOTE="Lehigh96, post: 1092959, member: 15309"]Perhaps you need to visit your eye doctor.</p><p><br /></p><p><br /></p><p><br /></p><p>I absolutely did not avoid answering your question. The following sentence is a quote directly from me in post #83</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p> </p><p>I did not claim that the proof set was improperly stored or AT. I stated that improper storage could explain why the TPG found the toning of that Proof set coin questionable. Silver Dollars were stored in canvas bags as a routine procedure of commerce in the United States. For those coins that spent decades in those bags, the coins touching the canvas often developed dramatic rainbow toning. The storage method is known to everyone, and the patterns and color schemes are identifiable. Coins have been stored in coin albums as an accepted method of storage since the first coin album was produced. Again, the storage method is known to everyone, and the patterns and color schemes are identifiable. </p><p><br /></p><p>As you have pointed out, coin doctors are capable of reproducing both bag toning and album toning Therefore, we can't declare these coins that exhibit identifiable toning patterns NT. What the TPG's and I do is declare them to have "market acceptable" toning. Based on the look of the coin that exhibits identifiable color schemes and toning patterns, the TPG's decide that the toning is most likely the result of an accepted storage method and is therefore most likely NT. In the case of your proof set coin example, my guess is that it did not display a color scheme and toning pattern that the TPG's recognized to be the result of a proper storage method and deemed the coin a problem coin. Would it make you happy if they stopped calling coins AT and started using the terminology "improper storage". I know how sensitive you are about the proper use of terminology.</p><p><br /></p><p>You see Doug, there are a percentage of coins that we have such a high confidence level about the origin of the toning that we simply label them NT or AT. It is technically incorrect to do so since we don't know 100% that they are NT or AT, but that really only bothers you. For everything in between what we label as NT and AT, we make a decision about the market acceptability of the toning based on known patterns and color schemes that are created from accepted storage methods as well as accepted indicators of NT & AT.</p><p><br /></p><p>FWIW, I agree with you about intent. But nobody can prove intent, therefore it can't be used as the criteria to evaluate toning, no matter how much you want it to.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 1092959, member: 15309"]Perhaps you need to visit your eye doctor. I absolutely did not avoid answering your question. The following sentence is a quote directly from me in post #83 I did not claim that the proof set was improperly stored or AT. I stated that improper storage could explain why the TPG found the toning of that Proof set coin questionable. Silver Dollars were stored in canvas bags as a routine procedure of commerce in the United States. For those coins that spent decades in those bags, the coins touching the canvas often developed dramatic rainbow toning. The storage method is known to everyone, and the patterns and color schemes are identifiable. Coins have been stored in coin albums as an accepted method of storage since the first coin album was produced. Again, the storage method is known to everyone, and the patterns and color schemes are identifiable. As you have pointed out, coin doctors are capable of reproducing both bag toning and album toning Therefore, we can't declare these coins that exhibit identifiable toning patterns NT. What the TPG's and I do is declare them to have "market acceptable" toning. Based on the look of the coin that exhibits identifiable color schemes and toning patterns, the TPG's decide that the toning is most likely the result of an accepted storage method and is therefore most likely NT. In the case of your proof set coin example, my guess is that it did not display a color scheme and toning pattern that the TPG's recognized to be the result of a proper storage method and deemed the coin a problem coin. Would it make you happy if they stopped calling coins AT and started using the terminology "improper storage". I know how sensitive you are about the proper use of terminology. You see Doug, there are a percentage of coins that we have such a high confidence level about the origin of the toning that we simply label them NT or AT. It is technically incorrect to do so since we don't know 100% that they are NT or AT, but that really only bothers you. For everything in between what we label as NT and AT, we make a decision about the market acceptability of the toning based on known patterns and color schemes that are created from accepted storage methods as well as accepted indicators of NT & AT. FWIW, I agree with you about intent. But nobody can prove intent, therefore it can't be used as the criteria to evaluate toning, no matter how much you want it to.[/QUOTE]
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Why did NGC bag the coin as AT?
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