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Question On Trade Dollars

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Pillar of the Community
smokeriderdon's Avatar
United States
3755 Posts
 Posted 12/09/2012  11:30 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
And quite frankly I find calling dipping doctoring to be a bit over stated to say the least. Unless the coin is radically dipped, there is NO way you can say a coin is dipped or not. I for one am quite glad that set of "rules" did not get agreed on. In my personal opinion it was way overboard. But that's just me.

Just because a coin is old and silver does NOT mean it has to be anything other than white. At least not uncirculated coins. Now, a CIRCULATED coin, yes, it will be tarnished and if not has been dipped.

Anyway, if you use patience as Dave said, you can find just as good a deal on ebay. Those buyers fees at Heritage are ridiculous and a significantly added cost when you talk about coins costing hundreds or more.

The tax thing. Well, thanks to our lovely government, it looks as if you will be paying taxes on purchases online as well. So, the tax thing may well not be a factor soon. If you have a good shop near you, cultivating a relationship with them will often times end up with you getting stuff for less than the asking price. That can apply to dealers at shows as well if you have shows around you on regular basis. We have like 4 dealers we always buy from at the shows in our area. This has led to us getting some pretty good deals. Plus you have the added benefit of being able to look right at the coin in hand. And a good conversation to go with the sale as well.

So if you don't have a store you can feel comfortable with, and there are not a lot of shows in your area, then use that patience thing and ebay will certainly pay off.
Valued Member
Tom B's Avatar
United States
168 Posts
 Posted 12/09/2012  11:45 pm  Show Profile   Bookmark this reply Add Tom B to your friends list Get a Link to this Reply

Quote:
And quite frankly I find calling dipping doctoring to be a bit over stated to say the least. Unless the coin is radically dipped, there is NO way you can say a coin is dipped or not. I for one am quite glad that set of "rules" did not get agreed on. In my personal opinion it was way overboard. But that's just me.

Just because a coin is old and silver does NOT mean it has to be anything other than white. At least not uncirculated coins. Now, a CIRCULATED coin, yes, it will be tarnished and if not has been dipped.


I understand completely if folks think it over the top to consider dipping to be doctoring and the committee understood that including dipping as doctoring would sink any definition submitted to the PNG. Also, some members of the committee might not think dipping is a form of doctoring. I will not attempt to debate the point in order to change one's view. However, I will explain my reasoning for my stance. In my opinion, any form of surface manipulation that intentionally changes the appearance of a coin and is also outside of normal intended usage of the coin is doctoring. Others need not agree and that is fine.

I write that the vast majority of silver coins from the 1800s shouldn't be blast white because these coins weren't stored the way they are today. There was no climate control and the method of storage was either fortuitous (forgotten change in a drawer, purse or clothing) or exposed the coinage metal to many toning agents such as the acids in woods or organics within glues or fabrics. All of these, in addition to the ambient humidity, tend to tone silver over time. Therefore, while there can be the oddball completely untoned silver coin from the 1800s, the great majority have been dipped. This would be even more true for an AU58 Trade dollar, which was the topic at hand. Of course, the previously mentioned Morgan dollars were stored in Mint bags for decades and quite a few are Mint fresh, blast white without having been dipped. They are the most glaring exception to the idea that 1800s silver should have toning.
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