NGC and toned ASE's.
keets
Posts: 25,351 ✭✭✭✭✭
Most of us are aware of toned ASE's, mainly the vibrantly toned Proofs stored in the velvet lined cases, but also any toned Silver coin which might be in an old PCI holder with "100% White" added to the insert. We know they tone. Similarly, most of us are aware of the old NGC "no line fatty" holders which are well known to tone coins after encapsulation.
I assume that the graders at NGC are well aware of these facts, particularly about their own holders.
So...............I spoke with a customer of ours at a Sunday coin show, his son works as a grader at NGC. He told me that they will no longer grade toned ASE's with the reasoning being that they "just aren't old enough" to tone like that. I wondered if anyone else had heard as much recently or had toned ASE's rejected by NGC?
Thanks in advance.
Al H.
I assume that the graders at NGC are well aware of these facts, particularly about their own holders.
So...............I spoke with a customer of ours at a Sunday coin show, his son works as a grader at NGC. He told me that they will no longer grade toned ASE's with the reasoning being that they "just aren't old enough" to tone like that. I wondered if anyone else had heard as much recently or had toned ASE's rejected by NGC?
Thanks in advance.
Al H.
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Andrew Blinkiewicz-Heritage
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
This came up during one of my grading classes at Summer Seminar and one of the instructors who happened to be an NGC grader, closely mirrored what you heard at that show. So it isn't exactly "new" policy by NGC toward toned SAE's.
As Ablinky mentioned, this is not a new policy. It's at least 3 years old.
Choice Numismatics www.ChoiceCoin.com
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Coins purchased at $50. (or even less) are transformed into PCGS beauties that sometimes sell for many multiples.
peacockcoins
But they sure don't mind throwing a 'Star' on any Morgan with even a tiny ho-hum crescent or blotch of toning.
I would also be curious to know if anyone has given one of those toned ASEs a bath in acetone, and what the outcome was.
Nothing will happen to the tone of a coin in pure acetone. If there is organic matter on the coin that toned (dirt, glue, paint etc.) then the surfaces underneath will probably vary from the rest of the coin after it is removed by the acetone.
I would also be curious to know if anyone has given one of those toned ASEs a bath in acetone, and what the outcome was.
Nothing will happen to the tone of a coin in pure acetone. If there is organic matter on the coin that toned (dirt, glue, paint etc.) then the surfaces underneath will probably vary from the rest of the coin after it is removed by the acetone.
Precisely. Sometimes outgassed organics deposit on the surfaces of coins, giving them the appearance of toning. I have seen some coins that had very different coloration after a dip in acetone, meaning that some of the color wasn't real toning.
RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'
CJ: 'No one!' [Ain't no angels in the coin biz]
I was thinking about trying to send a couple of these to PCGS. Waste of time / money or worth a shot?
Excuse the poor IPhone pic but this is a 2015 ASE put in an envelope and forgotten about for around six months. AT? No. Market acceptable? Not by NGC, maybe not by PCGS either. Pretty enough for my album? Yep.
That's quite impressive in that short amount of time. What kind of envelope? Where did you keep it? What temp? What made it turn purple?
Great to know NGC's stand on toned ASEs.
I was thinking about trying to send a couple of these to PCGS. Waste of time / money or worth a shot?
To PCGS? Should be fine.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
Great to know NGC's stand on toned ASEs.
I was thinking about trying to send a couple of these to PCGS. Waste of time / money or worth a shot?
To PCGS? Should be fine.
Do not crack them out. Send them in the holders for crossover with no
minimum grade. They'll be fine.
Great to know NGC's stand on toned ASEs.
I was thinking about trying to send a couple of these to PCGS. Waste of time / money or worth a shot?
They all should make it !
Is that yours? It still may be questionable but that's probably the most amazingly toned SAE I've ever seen.
To hear directly why not, I did not know until this topic. Very informative. I wonder what NGC's exact "line" is for AT/NT in terms of newness of coin? 10 years? 20? If they aren't grading ASEs it seems to be at least 30 years.
PCI ASE toners don't always cross at PCGS at any grade. I sent a group of 5 in that way several years back. DNC on all of them due to Questionable Color. They were still in PCI holder and everything.
yes with guns and other things. No tarnish, no milk spots. Cheers, RickO