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Might Dip My 1860 -O Dollar

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T-BOP's Avatar
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 Posted 04/02/2021  08:20 am  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
If I were you I'd leave well enough alone . I don't condone
Dipping silver coins if they have the slightest bit of wear .
Then you want to crack it out and resend it to NGC to be regraded ? As already mentioned , Bad Bad Idea !
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 Posted 04/02/2021  08:24 am  Show Profile   Bookmark this reply Add shug23 to your friends list Get a Link to this Reply

Might-Dip-My-1860--O-Dollar
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 Posted 04/02/2021  08:36 am  Show Profile   Bookmark this reply Add shug23 to your friends list Get a Link to this Reply
Yeah, I don't think I would ever expect someone to say it is a good idea, and yet, what percentage of silver dollars (Morgans Peace, etc) have been dipped ? I am definitely no expert, but seems like a majority of the higher grades are, or am I way off base ?.

Personally, I think the Trade dollar has greater eye appeal, probably just because I am not a purist/ Once I get back to where the other dollars are and can lay the whole collection out, I'll probably make the decision. mIf it's a close call, I will most likely leave well enough alone

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dave700x's Avatar
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 Posted 04/02/2021  10:53 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
You are correct about many Morgans have been dipped but the ones done successfully are the mint state examples that have not been over-dipped to the point of stripping the original surface.
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Ty2020b's Avatar
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 Posted 04/02/2021  11:11 am  Show Profile   Bookmark this reply Add Ty2020b to your friends list Get a Link to this Reply


On that note, how many blast white Seated and Trade dollars do you see? Sans proofs, not a lot, and the ones you do see are higher MS. Low MS, let alone AU blast white Seated and Trade $ are red flags to me and certainly will be for a TPG. IMO.
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 Posted 04/02/2021  11:37 am  Show Profile   Bookmark this reply Add shug23 to your friends list Get a Link to this Reply
apologies.....what does the term 'blast' mean ?
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Coinfrog's Avatar
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 Posted 04/02/2021  11:48 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Of note, there were actually full bags of 1859-O and 1860-O dollars released during the Treasury raid in 1964.
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jbuck's Avatar
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 Posted 04/02/2021  12:01 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
apologies.....what does the term 'blast' mean ?
Blast white is bright white.
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 Posted 04/02/2021  3:04 pm  Show Profile   Bookmark this reply Add shug23 to your friends list Get a Link to this Reply
so let me come back to the original question. So generally everyone doesn't like the idea of messing around with the coin and I didn't expect anybody to say " Great idea"! when I posed the question. But, I do kind of like the cleaned up look, so is it likely a lower grade could result ? I do hear people saying it might come back 'detailed', but is that is a high risk? (Why aren't most of the Morgans coming back as detailed, if so). When faced with a choice of a dipped coin vs non-dipped of the same grade, would there really be a significant difference in cost ?
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Keith67's Avatar
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 Posted 04/02/2021  3:14 pm  Show Profile   Bookmark this reply Add Keith67 to your friends list Get a Link to this Reply

Quote:
Of note, there were actually full bags of 1859-O and 1860-O dollars released during the Treasury raid in 1964.
You make it sound like someone stole them
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T-BOP's Avatar
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 Posted 04/02/2021  3:18 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply

Quote:
When faced with a choice of a dipped coin vs non-dipped of the same grade, would there really be a significant difference in cost ?

Yes ,if the dipped coin was detailed by TPG .
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 Posted 04/02/2021  3:51 pm  Show Profile   Bookmark this reply Add shug23 to your friends list Get a Link to this Reply
just to take a shot in the dark, do you consider that to be a high probability ? I think anyone looking at it would know it's been a dipped coin, just as they do when looking at most Morgans
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Zurie's Avatar
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 Posted 04/02/2021  5:38 pm  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
If a mint state coin is dipped expertly, you shouldn't be able to tell that it's been dipped, and it would probably get a straight grade. But if it's dipped poorly, and especially if it's an AU coin, there's a high likelihood that it would come back detailed and lose significant value. Seems much smarter to sell it and buy one with the look you want.
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 Posted 04/02/2021  6:39 pm  Show Profile   Bookmark this reply Add shug23 to your friends list Get a Link to this Reply
thank you all
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