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Please Explain This MS-66

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 Posted 11/12/2010  7:44 pm  Show Profile   Bookmark this reply Add BadThad to your friends list
Keep in mind, this coin probably looks a lot better in hand.
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 Posted 11/12/2010  9:06 pm  Show Profile   Bookmark this reply Add carmykle to your friends list
Boy it must! I can't belive it was graded that high with all that wear.
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 Posted 11/12/2010  9:24 pm  Show Profile   Bookmark this reply Add southerngent to your friends list
I have some very much like it and when you hold the coin so that the light hits it where you can properly examine it, the things have amazing luster and full details. It is very hard to photograph though.
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 Posted 11/12/2010  10:05 pm  Show Profile   Bookmark this reply Add lukkyseven to your friends list
Wow I started a decent conversation! haha...

The reason I posted this was 1) It looks almost... rusted is what comes to mind 2) my dad has silver Roosies in a Whitman folder that is 25+ years old and they have toned like this. But they also look real cruddy to me. I kind of wanted to know if it's common or do I need to open my view of grading up a bit.

I really can't see purchasing this coin at all. I would pay melt for it because of the silver content, but above that... It would be a stretch. Even in the NGC case.
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 Posted 11/12/2010  10:08 pm  Show Profile   Bookmark this reply Add lukkyseven to your friends list
I would also like to say that this seller has other pretty hideous coins for sale in slabs. So I don't know. I feel like it wasn't a once in a life time grading error.

Lastly (shoulda kept this in one post sorry), I understand toning affects flaws, luster, grading differently. But how does the wear on that coin allow it to come even close to MS? That's my biggest question. My computer is having problems, but if I remember correctly, you couldn't even see one of the bands on the torch.
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Philippines
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 Posted 11/13/2010  03:05 am  Show Profile   Bookmark this reply Add Pandesalapi to your friends list

Quote:
No, most likely the coin is a mint set toner that was already toned when sent to be slabbed.

whew... now it's a relief. Now I should not be worried on my 1st slabbed Morgan that it might be almost the same as the abovementioned coin. Thanks for the enlightenment Wheatguy.

Quote:
Wow I started a decent conversation! haha...

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 Posted 11/13/2010  08:48 am  Show Profile   Bookmark this reply Add Adam_E to your friends list
Morgan dollars were never in mint or proof sets
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 Posted 11/13/2010  09:36 am  Show Profile   Bookmark this reply Add WashQuartJesse to your friends list
I can't add much to Wheatguy's post (which I fully agree with), but will say that I've seen many higher grade (usually 66) MS coins with this type of toning. I've also photographed this type of toning. If you've ever taken photographs of coins from this era with similar toning you know what you're looking at here. The olive you see in the photo is a bright chartreuse green in hand. What looks like a copper hue in the photo, is probably bright red. My point is that photos can be misleading. I'm not defending this coin, or suggesting that I particularly care for this toning, but am surprised so many of you absolutely detest it and oppose the grade assuming it isn't worn.



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 Posted 11/13/2010  09:54 am  Show Profile   Bookmark this reply Add Adam_E to your friends list
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 Posted 11/13/2010  10:21 am  Show Profile   Bookmark this reply Add clairhardesty to your friends list
" Morgan dollars were never in mint or proof sets"

Actually, there were proof sets produced that contained Morgan dollars. The 1878 10 piece proof set contained proof examples of both the 8 and 7 tail feather coins and a Trade dollar, for instance. The 1879 7 piece proof set contained both a Morgan and a Trade dollar. Even the 1904 six pice proof set has a Morgan in it.
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 Posted 11/13/2010  3:55 pm  Show Profile   Bookmark this reply Add wheatguy to your friends list

Quote:
but will say that I've seen many higher grade (usually 66) MS coins with this type of toning. I've also photographed this type of toning. If you've ever taken photographs of coins from this era with similar toning you know what you're looking at here. The olive you see in the photo is a bright chartreuse green in hand. What looks like a copper hue in the photo, is probably bright red. My point is that photos can be misleading. I'm not defending this coin, or suggesting that I particularly care for this toning, but am surprised so many of you absolutely detest it and oppose the grade assuming it isn't worn.




Lukkyseven, you need to keep in mind that the images are digital, not guaranteed to be an accurate representation of the coin in hand. I'm sure in hand that isn't actually wear, and to be honest I have enough faith in the expert graders at NGC to assume that they know what they're doing and don't blatantly give circulated coins MS grades. Toners are notoriously difficult to image and I'm sure in hand the coin is different than the image implies.



Edited by wheatguy
11/13/2010 3:56 pm
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 Posted 11/13/2010  4:20 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list
chaihardesty: oh.
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 Posted 11/13/2010  11:28 pm  Show Profile   Bookmark this reply Add coppertop5150 to your friends list
sometimes the picture is not even of the coin 4sale.
The fine print usually indicates

I have emailed people on coins and this is the case
A person that sells alot of coins often mixes up pics by mistake.

One seller emailed me and said something to this effect

" I'm just a reseller using a stock photo, the wharehouse has all the coins the email me the sales price and discription if each coin. I list auction and take payment then they mail out the coin , I dont actually have that coin in my possesion or mail it, But do offer a money back return if its not up to par with the discription."
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 Posted 11/14/2010  12:02 am  Show Profile   Bookmark this reply Add scott hill to your friends list
Toning hides features and is hard to catch well in a photo from what I see it's not clear enough to give a proper representation so unless the coin is in hand we must give the graders the benifit of the doubt
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 Posted 11/14/2010  2:11 pm  Show Profile   Bookmark this reply Add thecoinczar to your friends list
What a bunch of crap is right! It makes me so angry when I see coins like this one falling through the cracks!
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