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What do you think Grading Raw Rainbow Coins
rainbowlover1
Posts: 402 ✭✭✭
The question I have is... What do you think why PCGS body bags so many raw rainbow toned Morgan's. Besides the fact there are so many AT stuff out there of course. There are many natural toners that get a questionable color grade.
- Rainbowlover1
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I think it's fair to say that PCGS doesn't bodybag naturally toned rainbow Morgans, in their expert opinions. Just the AT ones.
Mistakes are made, surely. Resubmissions get new opinions which sometimes reverse AT judgments.
It is very easy to AT silver coins. PCGS has to be vigilant about the matter. The market, by and large, trusts their decisions.
Lance.
Well said @lkeigwin
It may be fair to say “guilty by association “ . The AT issue is out of control. Hopefully in the nearfuture there will be a method for our host eliminate all the AT crap. Just my opinion, but I would put my money into something else until the dust clears on this issue.
The market is flooded with AT coins - both well done and trash. The reason this is happening is because of the premiums paid - ridiculous premiums IMO. The TPG's cannot catch them all, because, done right, it is an accelerated, natural process. Done with strange chemicals, a sniffer could detect them... done right, no one can. What amazes me, is the ones with unbelievable, dramatic colors and they get purchased and sometimes slabbed. I spent a couple of years pursuing this 'art', purely to educate myself. I do not like tarnish. Cheers, RickO
Well said - @No Headlights
Just out of curiosity... Has anyone got there toned coin body bagged/or questionable color holder from our host. But they believe it was natural toned?
@rainbowlover1...I dipped all my experimental coins.... I am about to do one requested by Lance... some textile tarnish... hope to get my wife to take/post pictures....Cheers, RickO
I have a couple but will not post them because they will go back to our host until they grade properly. Others that have come back QC have been a learning experience of sorts and I have actually agreed with. The mistakes are the cost of tuition!
Not really looking for much these days but if I were, it might be a toner.
Cool
I look forward seeing what you come up with @ricko
Totally understand that @keyman64
I think that there are some great looking rainbow toned coins. I do enjoy looking at them. I see similar type coins in body bags and straight graded holders. I prefer the blast white luster look. Just the way it left the mint.
@crazyhounddog
I’m a fan of naturally tone pieces. This particular one subject keeps pcgs on they’re toes more than any other subject I can think of. Yes it does add a twist to most folks collecting practices. I like both toned coins and white coins that are very well struck with booming luster.
But due to so many eggheads out there that artificially tone coins It tends ruins the hobby to a degree.
I hardly ever get a PCGS body bag on my Morgan toners I've sent in. But then again, it's what I collect and sell and know.
I habe had it happen though, on a $500 VAM in anacs 64 I cracked that had a slight purplish hue on the obverse. I saw nothing wrong with it and neither did anacs but PCGS must have thought it could be intentional to hide flaws or something.
IMO - In all due respect to our host. I do feel graders do there very best to snuff out the AT / accelerated stuff that they get in there desks daily.
I do feel that there are coins that tend to get through the crack especially more often with moderns IMO.
There tends to be more flooding the market as of lately regards towards the modern AT coins. Although there are plenty of non modern stuff that some may still to attempt to sell due to the very higher price in nice high end color that we all have seen.
Although my personal opinion is it would be nice to have a true toner collector or dealer in the grading room to help grade, what is legit will be a big help imo.
There are several times I've seen what I believe is legit toning that recieved a body bag/questionable color.
It would require several experts in toning. Toning is so complicated and vast that someone that was extremely well versed in Morgan toning would probably have very limited experience with toned Ikes or JFKs. Ive been collecting toned coins for 20+ years, but I couldnt tell AT from NT on Bust coinage. Even within moderns, its different. Clads coins tone differently than coppers, nickel or zinc which all toned differently than Silver Eagles. Proofs tone differently than business strikes.
I remember when ebay sellers like North Country coins were making megabucks selling bright rainbow toned Morgans. I would leave it to the experts as to what is NT and not.
@logger7 - I agree with ya