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Someone told me that a 24kt coin will not tone...
MAT1
Posts: 283
Is it true???
MT
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if your 24 k gold coin (.999, .9999, .99999) is toning, Houston, we have a problem.
No Way Out: Stimulus and Money Printing Are the Only Path Left
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
...so I'm going with the belief that over thousands of years , pure gold will tarnish slightly !
<< <i>You are entitled to believe what ever suits you.... however, the key phrase in that statement is "...my guess is, ..". Pure gold will not tarnish. Gold is the most noble of metals. Cheers, RickO >>
Hey Rick, When was the last time you (or anyone else for that matter) saw a "pure gold" coin? More directly, even 24k gold has impurities which can (and often do) show up as toning....Mike
<< <i>Copper spotting has shown up in 24k $50 gold buffalos and they have only been issued since 2006. My first question with any slabbed gold coin toning is "What slab is it in?" One slab in particular has demonstrated to me that it has a toning affect (almost brasslike) on 22k gold eagles. >>
no a PCGS slab right??
I've got an 2006 NGC MS70 $50 Buff that has developed spotting. Almost looks like patches of light carbon spots in a couple places.
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Francis H. Brown, dean of the College of Mines and Earth Sciences at the University of Utah, provides the following answer.
Meanings of the word "gold" are manifold. The term is used to refer to the chemical element itself (its symbol is Au) and also to objects (often jewelry) that contain some gold but do not consist entirely of gold¿a gold watch or ring, for instance. In the latter case, the amount of gold is described by the karat fineness of the alloy, so one sees marks such as 12K for 12 karats, and so forth.
The purity of gold is defined either in karats or fineness. A karat is 1/24 part of pure gold by weight, so 24-karat gold is pure gold.
<< <i>How can the US mint make a 100% AU coin that makes sense ie works in circulation. >>
I think they are talking about coins like the Gold Buffalo and similar .9999 non-circulting legal tender coins for investment purposes.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
The Elizabeth Monroe seems to tarnish.
even ultra pure gold at .9999 is 1/10,000 other metals that will tone the overall coin slightly under the right conditions of time and environment.
even 100% pure gold (something only possible in small quantities, in very special labs, at enormous expense) will react with certain elements in certain conditions.
"the most noble of metals" doesn't mean "impervious" just as a diamond, the hardest of materials, doesn't mean "indistructible."
Liberty: Parent of Science & Industry
<< <i>I think it is obvious by now that Ricko really really hates any toning at all. he just hates anything that tones therefore he doesn't want to deal with the toning aspects of the question so therefore with this example he has answered his own question and not the op's. The op is talking 24K as in coins and Ricko is talking pure gold as in theory, two different examples.
Am i the only one that hopes all of RickO's coins tone in their slabs?
You may think im being mean but think of all the added value to his collection.
This may sound crazy but I suspect the intercept shield box is causing the problem. I had a Martha Spouse (PR70DCAM) in a PCGS holder tone exactly the same way as that Buffalo did. I also had it in that "double protectant" Intercept Shield box so I suspect it's the Intercept Shield. Don't know why or how but I'm thinking its the box.
When I was a kid my Mom told me my family couldn't tone. Actually she was afraid of the sun and its effects and told us that our people could not tan ( eastern european) to keep us kids out of the sun. Well I lead my life believing that. The first time I laid on a beach and in the sun for an extended time was on my honeymoon in the tropics. Turns out that my mother was a liar. A big ole liar. Not only did I tan, I went from Powder to George Hamilton in about three days. Moral of the story..........Don't listern to your mother. MJ
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
<< <i>
<< <i>You are entitled to believe what ever suits you.... however, the key phrase in that statement is "...my guess is, ..". Pure gold will not tarnish. Gold is the most noble of metals. Cheers, RickO >>
Hey Rick, When was the last time you (or anyone else for that matter) saw a "pure gold" coin? More directly, even 24k gold has impurities which can (and often do) show up as toning....Mike >>
In SW Virginia we call it puredy gold ... especially after watching too many reruns of Hee Haw.
<< <i><Someone told me that a 24kt coin will not tone...>
When I was a kid my Mom told me my family couldn't tone. Actually she was afraid of the sun and its effects and told us that our people could not tan ( eastern european) to keep us kids out of the sun. Well I lead my life believing that. The first time I laid on a beach and in the sun for an extended time was on my honeymoon in the tropics. Turns out that my mother was a liar. A big ole liar. Not only did I tan, I went from Powder to George Hamilton in about three days. Moral of the story..........Don't listern to your mother. MJ >>
She was trying to keep you from getting skin cancer. The sun is to your skin what cigarettes are to your lungs.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Looking at the obverse above the letter L - on the PCGS slab you can see some kind of damage, it almost looks like a chemical reaction. Not a expert or a chemist. Crazy but I agree with RMLTM79.
<< <i>notwilight...
This may sound crazy but I suspect the intercept shield box is causing the problem. I had a Martha Spouse (PR70DCAM) in a PCGS holder tone exactly the same way as that Buffalo did. I also had it in that "double protectant" Intercept Shield box so I suspect it's the Intercept Shield. Don't know why or how but I'm thinking its the box. >>
The box keeps air out. It also keeps the air that is in there in. So if there is something inside the Intercept Shield box that causes toning, the box will exacerbate it's effect. --Jerry
<< <i>notwilight
Looking at the obverse above the letter L - on the PCGS slab you can see some kind of damage, it almost looks like a chemical reaction. Not a expert or a chemist. Crazy but I agree with RMLTM79. >>
What you are seeing is a bump in the orange peel textured field. No damage. Coin was fine. --Jerry
Evaluated? Well, the L&C leather pouch was not the best idea...crazy actually.
Best,
Eric
No Way Out: Stimulus and Money Printing Are the Only Path Left