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Has anyone heard the term "market acceptable" when it comes to toning...what does it mean?

I've heard that term. Can anyone help me out?

Comments

  • darktonedarktone Posts: 8,437 ✭✭✭
    I think it means the majority of those in the coin industry have been duped into accepting it as real toning. mike
  • hookedoncoinshookedoncoins Posts: 1,231 ✭✭✭
    From what I understand, when someone states that a toned coin is market acceptable, the toning has probably been accelerated or enhanced, but the look of the coin still appears natural and accordingly is accepted. In my mind, it is similar to a market acceptable bust half dollar that may have had a light cleaning (not harsh), but has retoned and almost appears original.
  • dragondragon Posts: 4,548 ✭✭
    That term is meaningless. It was thought up as a crutch phrase for those grey area coins where people were not sure what the hell they were, so they just say 'market acceptable' or 'not market acceptable' as a cop out term.

    How can a market accept anything anyways? What is acceptable to some is unacceptabe to others.

  • Dog97Dog97 Posts: 7,874 ✭✭✭
    They were slabbed just for the people that say "Who cares if it's AT as long as you like it" but still want their coins slabbed.
    Change that we can believe in is that change which is 90% silver.
  • cmanbbcmanbb Posts: 1,059 ✭✭✭✭✭
    I have heard & seen this on Small Eagle Dollars "market acceptable" for mildly cleaned & retoned coins...........
    Of course this is a two fold issue "lightly cleaned & retoned"
    As to what it means:

    In this case, Early Dollars are 206+ years old "WHAT DO YOU WANT" an original coin!.................good luck, they are few and far between!
  • BigEBigE Posts: 6,949 ✭✭✭
    I squeeezed some avocados today and I wondered why the market accepted themimage----------BigE
    I'm glad I am a Tree
  • relayerrelayer Posts: 10,570
    Market Acceptable (noun) - a coin that has been altered in order for it to be so pleasing to the eyes that how it got that way is forgiven.


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  • Market acceptable was first used by the Romans around 26 BC. The original latin for that term is caveat emptor.
  • AethelredAethelred Posts: 9,288 ✭✭✭
    For me it means that I have taken the coin out of an original roll or Mint Set myself.image
    If you are in the Western North Carolina area, please consider visiting our coin shop:

    WNC Coins, LLC
    1987-C Hendersonville Road
    Asheville, NC 28803


    wnccoins.com
  • I'll come out of lurk mode for the first time in quite awhile for this one.

    The first time I heard this term applied by PCGS was regarding the proof Jefferson electric Kool-Aid nickels.

    They had no problem slabbing the first 200 or so and then somewhere along the way, it was decided that they were no longer "market acceptable", and no more would be slabbed.

    Nothing changed with the nickels, just an opinion from PCGS. The coloring/toning may have been accelerated, if you call forty years an acceleration, but as I understand it, it was a freak of nature as opposed to intentionally done.

    It's just an opinion coming from someone or some group that has a certain degree of clout. The opinion, at least in this case, didn't have much effect on the coin's value, in fact it may have actually driven the price up as no more were being slabbed.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff

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