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Toned Coins For Long Term Investment

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jbuck's Avatar
United States
187446 Posts
 Posted 04/13/2016  09:16 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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For me, coins are a hobby. They are best enjoyed this way.
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billymac11's Avatar
United States
613 Posts
 Posted 04/13/2016  1:40 pm  Show Profile   Bookmark this reply Add billymac11 to your friends list Get a Link to this Reply
Toned coins are pretty, but for me, not an investment. I fully expect the toning to progress to its logical conclusion. With luck that's decades after I'm gone!
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Hepcat's Avatar
Canada
24 Posts
 Posted 04/13/2016  2:36 pm  Show Profile   Bookmark this reply Add Hepcat to your friends list Get a Link to this Reply
I have problems with the term "natural" toning. My understanding is that the silver is tarnishing because it's reacting to the sulphur in the air. Well earth's atmosphere doesn't naturally contain any meaningful amounts of sulphur. The sulphur in the air is a byproduct of manmade industrial processes, i.e. pollution. So what's so "natural" about the toning?

Why some collectors prefer coins that have been more exposed to man made pollution than other coins rather puzzles me, especially since most collectors prefer uncirculated, i.e. mint, coins. Well silver coins come out of the Mint looking shiny white.

Edited by Hepcat
04/14/2016 1:14 pm
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CSOTUS's Avatar
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 Posted 04/14/2016  4:51 pm  Show Profile   Bookmark this reply Add CSOTUS to your friends list Get a Link to this Reply
coins can be a good long term investment, but remember not too long ago a toned coin was considered an imperfection. Someone already mentioned it but if you're looking at coins for investment reasons, go for high MS, low mintage
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Sap's Avatar
Australia
16804 Posts
 Posted 04/14/2016  6:52 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply

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I have problems with the term "natural" toning. My understanding is that the silver is tarnishing because it's reacting to the sulphur in the air. Well earth's atmosphere doesn't naturally contain any meaningful amounts of sulphur. The sulphur in the air is a byproduct of manmade industrial processes, i.e. pollution. So what's so "natural" about the toning?

It's "natural" as opposed to "artificial" or "accelerated", ie toning deliberately placed on a coin to improve its appearance, rather than toning that happened simply with the passage of time.

Silver is very good at sucking sulfur out of the atmosphere. Well, it's as good as any other metal (apart from gold) in that aspect, what makes silver unique is that it reacts readily with sulfur but not with oxygen. So while copper toning is a mixture of sulfides, oxides, carbonates etc, on silver it's pure silver sulfide.

Yes, there is (or was; it's getting better) more sulfur in the air in recent centuries due to man-made activities, particularly burning certain high-sulfur fossil fuels (oil and coal). But there would still be more than enough "natural" sulfur in the air to cause silver to tarnish, eventually. Volcanoes emit sulfurous gases, and certain foodstuffs (notably eggs and garlic) are high in volatile sulfur compounds. If everybody still lived in the Stone Age, your silver coins would still tone, just maybe 3 or 4 times slower than they do now.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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