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Replies: 58 / Views: 4,677 |
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Valued Member
United States
254 Posts |
Hi JDW, Welcome, and thanks for the informative and thoughtful post!  quote: But, I think he also makes the same leap of faith that many collectors of perfect white coins do, that Intercept Shield products are the answer to the very real possibility that the environment will change the surface of their coins after they leave the Mint.
I have read White's book, Coin Chemistry (ISBN: 0-9713924-7-1), and found it to be very informative. In it he details experiments in which he exposed silver coins in various holders to artificially elevated levels of atmospheric H2S. Coins in Kointain holders and slabs (from the top TPGs) toned surprisingly readily, whereas those in Intercept Shield holders did not appear to tone at all. Based on what I've read, it sounds as though the best way to protect your coins, at least for many years, is by use of these products. Alternatively, one could keep plenty of fresh copper around the collection (either in sheet form, or new pennies, or whatever), as the atmospheric H2S reacts with Cu more readily. In fact, as I understand it, the main "secret ingredient" of the Intercept Shield material is Cu. I think the mention of the amount of converted micrograms is used as an indication of toning color. The lower amounts are indicative of less toning, such as golden, whereas the higher amounts are indicative of more toning, such as blue or black. quote: He doen't say what happens if you just let the coin be. I'd like to know if the toning itself does not become a sheild against the stuff that caused it to tone in the first place.
Nope, it will keep on toning as long as unreacted Ag is about. It will eventually become black, and will continue to tone as long as there is unreacted Ag on the surface. As far as I know, the gas will not infiltrate the coin, at least to any great extent, so the toning is always on the surface. My advice is that if you have a toned coin that you like, and want it to stay as it is, buy an Intercept Shield for it and store it like that. Otherwise, it will continue to darken, and the beautiful coin you paid premium $$ for today will appear ugly and lose much value in the future. No, I do not have any stock in Intercept Shield, but I do have some background in chemistry and experimental methods, and White has tested and explained the concepts well. Again, I'd recommend his book for those of you who would like to educate yourselves further on the matter. Regards, ~neuron
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Pillar of the Community
United States
7123 Posts |
Hi JDW
Thank You for the well thought out and informative post,, I have found some really beautifully toned coins in mint sets proof sets Myself.
Welcome to the forum !!
Rick
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Pillar of the Community
United States
1247 Posts |
If a coin has lost metal from wear or dark toning I say...GOOD! It's a sign that the coin had some adventure in it's life. To fret over what was lost would be, IMO, akin to someone from the old dueling societies fretting over a dueling scar. As I understand it they not only didn't fret about them but were proud they were there.
"...I got scars, I got lines, I'm not hard to define..." Coastal Confessions Jimmy Buffett
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Pillar of the Community
 United States
1203 Posts |
quote: Originally posted by longnine009
If a coin has lost metal from wear or dark toning I say...GOOD! It's a sign that the coin had some adventure in it's life.
All right, you better get ready for 'Dennis' as it will sure give your coins an adventure if not locked down properly. Have a safe week-end.
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Valued Member
United States
187 Posts |
It's easy. All toned coins are damaged and shouldn't be graded MS. They should be given their own designation of NT.
Jerry
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Pillar of the Community
United States
7123 Posts |
quote: Originally posted by Twentycent
It's easy. All toned coins are damaged and shouldn't be graded MS. They should be given their own designation of NT.
Jerry
Hi Jerry I assume from your post that you then believe any Silver coin which has oxidized should be designated NT and not receive an MS grade ? And any clad coin or a coin of base metal such as the nickel once toning begins should not receive an MS grade but be assigned an NT notation when slabbed or graded for collecting purposes ? And that the same aurguement would apply also to proof coins ? where in they could not receive a PR- anything grade even though they have never been nor for the most part never will be in circulation but many times tone as a natural course over time for a variety of reasons such as the one pictured below ? Which has turned the most remarkable shade of Gun metal grey Blue and was cut from an un opened proof set ? Download Attachment: DSCF0987~2.jpg33.44 KB Download Attachment: DSCF0988~1.jpg33.06 KB Rick
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Rest in Peace
United States
2884 Posts |
Hi Folks! A lot of posts are pointing out that even sealed mint set and proof coins tone in unopened packages. Some do, and some do not. The reason could be the chemical composition of the air that was sealed into the set at the time of packaging or some permeable source of contamination after the fact, such as drastic temperature change or heat or contamination from the packaging material itself. At any rate, I don't think thatâs the point. I believe that coins can and do degrade from a perfect mint state, sometimes even in the best of storage conditions. I don't think toned coins do not deserve a mint state status, just a reduction based on the severity of the damage caused by the toning. No different than the reduction caused by bag marks, fingerprints, nicks, and the myriad of other factors that reduce a coins grade coin as it moves away perfect mint state. Any way you look at it the coin is damaged! I don't know if this is plot to diminish the value of toned coins. I doubt many coins exist that are not toned, even if it is nearly invisable. Maybe I'm missing the point, by why does oxidation of the metal on coins cause such a controversy? Many have pointed out it is natural, it does damage the surface and eventually if left unchecked can really ruin the appearance of the coin. This debate is very interesting because science is crossing paths with asthetics and after all beauty truly is in the "eye of the beholder"! Peace, Mike 
Edited by Mike 07/09/2005 10:17 pm
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Pillar of the Community
United States
7123 Posts |
Mike Missing one significant point,as can be illustrated by a simple visit this morning to my local coin shop, and I'm sure can be duplicated many times over whereever you Maybe !!! I was looking thru his rotating display case, and I see within a Morgan dollar in an old PCGS slab, now the grade on this coin was MS-65 ,, the coin was beautifully toned,, but the slab did not carry any designation that it was toned when slabbed, My Mind went to this thread and I asked about the coin and the toning, the dealers reply , the coin was not toned when slabbed, but the result of years within the slab ,, I asked what the grade reduction was and the resulting price difference would be? He said( the grade is on the slab as is the price !!!!!) I guess he hasnt heard that toning is damage!!! PS In case you are wondering why I'm adamant about this subject, I collect Small cents, as we all know copper has a tendency to darken very quickly when in contact with the environment, this is also a form of oxidation and thus would be considered toning,, do you know what this would do to the small cent collector ? no more RB or BRN indians or lincolns achieve any high grades? so many dipped coins would be on the market it would be impossible to find natural coins , I believe in all denoms,, this IS NOT A GOOD THING!!! Rick
Edited by Metalman 07/09/2005 5:47 pm
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Pillar of the Community
United States
1247 Posts |
quote: Originally posted by Mike
after all beauty truly is in the "eye of the beholder"! Peace, Mike 
And yet the Great Holy Fathers can reduce the ever changing and diverse desires/perceptions of 1000's of beholders into a single grade. Aren't they amazing? This is especially true when it comes to what is or isn't damage to a collector. You mentioned your Union Cavarly sword in another thread. What if instead that sword belonged to Nathan Bedford Forrest and he had his initials carved into it. Would that be "damage" or would it be a really loud YIPPPEEEEEE!!!!  The logic that applys to a few missing atoms of metal on a toned coin can also be extended to brillant coins. Maybe they aren't mint state as soon as they fall out of the die and get the first nick.
Edited by longnine009 07/09/2005 6:46 pm
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Rest in Peace
United States
2884 Posts |
I agree, that if they fall out of the die and get a nick, they are no longer eligable to be a MS70. As we all know, very few coins are MS70's. Most coins are not really much better than MS65, that is until the recent "high grade modern slabbing fad"(scam)started. If a dealer is selling a slabbed coin at MS65 and you don't agree with the grade "and price", don't buy the coin. You may see the coin as "beautifuly toned" others may see it as ugly and ruined! On the issue of cents, I noticed no one had, nor did I include them in my earlier statement although I should have! Your words capture perfectly what the facts are when it comes to coppers! Colors, which are toning have a huge influence on value! The more red (nearer to mint state) the more valuable! They are much harder to maintain in that state as they are more affected by the enviornment then silver. Yes, Browns and Red and Browns would still, and do achieve high mint states, but again the further from red, the less valuable. I think the same should apply to other coins as well! Hey Longnine009, who are these mysterious "Great Holy Fathers" you keep refering to and if their so bad why do you pay any attention to "them"? Ignore "them" and they will "go away"! Remember you do not have to buy what "they" sell. Have some fun with the hobby! Buy from your friends and from those you know and trust who don't fall over and chase every fad that comes down the road. Be patient and even this fad will pass, in fact, based on the concerns expressed in this thread it may be happening now! Mike 
Edited by Mike 07/09/2005 10:28 pm
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Pillar of the Community
United States
7123 Posts |
Mike
Im glad that you at least considered the cents, but your point is off the mark, the last few posts were targeted at labeling ALL toned coins with an NT rather than an MS ,, I'm looking for the line between acceptable toning and unacceptable, if no toning is acceptable then cents are out from the start, they are not protected directly from the mint.
even the red cents are not the same color as Mint fresh,, this is very noticable from mint-bank rolls of new cents, there are many shades of red within one roll!!
Now how about that line on toning , where do you think it can be drawn ?
I personally do not believe there is a suitable place,especially if it depends on a color change on the surface of any given coin!!
I happen to agree with longnine, the collectors are at the mercy of the whims and views of the selected few when it comes to things like this,, and it can cost the collector many dollars based on their whims .
it can also make many thousands of dollars for the right people of influence !!
you know some of those toned coins occupy places on the pop reports? given the right circumstances and the right science they maybe removed!! it doent take a rocket scientist to figure the outcome of that !!!
Rick
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Pillar of the Community
Australia
1091 Posts |
As it has been mentioned twice in this thread, I have to ask, for grading a toned coin, what is NT?
I don't own any slab coins but then the fad has not caught on in many countries. So my comments are just my outsiders view point. I don't want to offend anyone here.
What happens when "The Great Holy Father" (LOL), PCGS, grants mint state 70 to a coin and puts it in a slab, but then the coin tones? "the coin was not toned when slabbed, but the result of years within the slab". I think this would make the PCGS grading system worthless. Will collector then stop having the coins slabbed? I doubt it, but the slab companies will think this is the best thing that has happened since sliced bread. They could date their slabs and recommend you RESLAB you coins ever five years or so. All that extra repeat business opportunity for them to make money by changing the label on the coin every few years.
I suppose the grading only really becomes a factor when you are about to sell the coin by post. I would think that at this high end of the market, the collector would know the value and condition of the coin he is after if he was at the counter buying it. Or is slabbing more for the investor who doesn't know squat about the coins and believes the slab rating is set in concrete? I could ask "whats the difference between a MS67 and a MS68?" but on certain coins the answer would be "a couple hundred dollars and the opinion of the grader". Seems like a lot of money for a very slight differnce if any.
I'm learning, so if anyone wants to set me straight about this, I'd be happy. This is just my opinion from reading about Slabbing from the Forum, not from experiance.
Edited by toast 07/09/2005 11:44 pm
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Pillar of the Community
United States
7123 Posts |
Hi Toast
The abbreviation NT (natural toning or Naturally toned) is being used here for the sake of aurguement, since at this time no such designation exists !!
But with science beginning to call toned coins damaged and conversation calling for toned coins to not be graded as mint state based on the toning ,, it may not be long before that designation becomes an actual grade .
This thread is a disscussion of possibilities should that come to pass, nothing more nothing less, it is a good conversation since there are people from both views and people who fall somewhere in the middle, education at its best in my opinion!!!
Rick
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Rest in Peace
United States
2884 Posts |
Metalman, Longnine009,Toast and others, you all make valid and interesting points. Metalman, I think you raise the toughest question of all, just like grading, the toning level"grade" would be totally subjective. I for one hope they do not start yet another tier of grading standards. I think MS 67,and a brief description of the kind of toning is enough. I also agree that mint fresh cents vary in their color as well. In fact if you go back to early coppers the colors are all over the map, in mint state including multiple colors within the same coin! I collect Large and Half Cents. Surface porosity is the bane of old copper. Some granularity occurred in the minting, some from environmental damage. Toast, thanks for letting me on PCGS's "other name". (longnine009 you are one funny dude!) I will not pray to PCGS but I do have to sometimes pay PCGS! My usual M.O. is to break out any coin I fully intend to keep. I have lost a lot of faith in TPG'S these last few years, and you are correct, getting stung financially by their whims is almost impossible to avoid when shopping the open market. Thanks for getting the old gears turning upstairs. This is a fascinating subject! Mike 
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Pillar of the Community
United States
1247 Posts |
quote: Originally posted by Mike
Have some fun with the hobby! Buy from your friends and from those you know and trust who don't fall over and chase every fad that comes down the road. Be patient and even this fad will pass, in fact, based on the concerns expressed in this thread it may be happening now! Mike 
I do all those things Mike but it's still fun to pick on them. If you really want to get a migraine with this stuff consider that all the complaining that I and others (1,000's of others)do about TPG's and market grading may be exactly what they want. Is it hard to picture the day when the top TPG's get together and declare that they will conform to a new and improved universally accepted standard. What happens then? Remember now, it's not the fault of any one TPG. Their grading is perfect. Each can claim they are just doing this because collectors want reform. And after all TPG's live to serve. Doesn't a new grading standard accepted by all the top TPG's require a new slab with some kind of Universal Grading logo and smiley face on it. Wouldn't those new slabs make the existing slabs obsolete and worth less? And most important of all from a TPG standpoint, wouldn't that be the same as starting all over again in the grading business? It would be 1986 all over again.
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Replies: 58 / Views: 4,677 |
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