Are all toned coins in rattlers now suspect?

Bochiman · August 29, 2006 5:23AM

Edited to remove link since coin was not rattler and I was too busy looking at "old holder" and strongly toned coin......see what recent events have done?

So, my title still stands: Are all toned coins in rattlers now suspect?

Russ · August 29, 2006 5:24AM

That's not a rattler holder.

Russ, NCNE

Longacre · August 29, 2006 5:24AM

Personally, I am a buyer, but only at a steep discount. This numismatic scandal is very significant to the toned coin market, especially the rattlers.

Louis · August 29, 2006 5:24AM

Is that a rattler ?

Louis · August 29, 2006 5:25AM

That damn Russ beat me to it.

Bochiman · August 29, 2006 5:27AM

You are right Russ...I took too quick of a look.

Ok...given that, the question still stands...are ALL coins in rattler holders now suspect?

Louis · August 29, 2006 5:28AM

I would say the majority of toners will be looked on with suspect by some, especially the rattlers. Thanks, MOC.

notwilight · August 29, 2006 5:29AM

<< That damn Russ beat me to it. >>

And he knew the answer too.

Even if these aren't rattlers this seller has several coins with similar toning for sale right now...looks like he left them in the garage with the pool chemicals a litle too long...

But I'll be the first to acknowledge that it may be on purpose the matched-toning coins are for sale at the same time since some collectors try to match toning in their collection.

--Jerry

Russ · August 29, 2006 5:35AM

<< Edited to remove link since coin was not rattler >>

Actually, it was. Sort of.

It was a second generation "holder within a holder" slab. So, inside the outer shell there is a rattler, but the outer shell was still intact.

Russ, NCNE

robertpr · August 29, 2006 5:42AM

If anyone thinks this one incident, miniscule in the grand scheme of things, is going to change the overall market one iota is plain crazy.

rainbowroosie · August 29, 2006 5:42AM

No, no, no....buy the coin not the holder...if you even SUSPECT the coin, simply PASS on it...you don't have to buy the coin...

ddbird · August 29, 2006 5:44AM

Am I the only one that thinks MOC morgan was blatant AT?

I wouldnt have ever bought a coin like that...just use your common sense when buying old rattler holders.

If it looks fishy, it may be. But there is hardly a "significant" number of ATd coins in rattlers. A few here or there, but most are pretty poor attempts IMO.

dizzyfoxx · August 29, 2006 5:46AM

Rattler holders could possibly seem to be as poisonous as a rattlesnake for a little while to novice collectors in the wake of all this. But the informed and educated buyer should and will know better. JMHO.

Russ · August 29, 2006 5:46AM

<< Am I the only one that thinks MOC morgan was blatant AT? >>

No. Many people expressed the same thought. But, this board is not comprised of the average buyer out there. Plenty of collectors would trust the color because the coin is in a PCGS slab.

Russ, NCNE

UncleJoe · August 29, 2006 5:55AM

Are all toned coins in rattlers now suspect?

Yes.

Joe.

Cladiator · August 29, 2006 6:06AM

A coin being in a Rattler doesn't matter. All you have to do is AT a coin in a Rattler and then send the coin in to PCGS for a $5 reholder.

ABC123 · August 29, 2006 6:08AM

Bingo !! Ring that Bell !!

Steve27 · August 29, 2006 6:17AM

" All you have to do is AT a coin in a Rattler and then send the coin in to PCGS for a $5 reholder. "

That's just what I was thinking.

ziggy29 · August 29, 2006 7:17AM

<< Rattler holders could possibly seem to be as poisonous as a rattlesnake for a little while to novice collectors in the wake of all this. But the informed and educated buyer should and will know better. JMHO. >>

I agree -- but the problem is that slabs have helped prop up the market by giving confidence to less knowledgeable buyers. Anything that undermines said confidence could take a lot of money out of the coin market.

That could be a good thing for advanced collectors looking for prices to fall.

Mesquite · August 29, 2006 8:07AM

My two cents worth. Highlighting old rattlers as problematic misses the mark IMHO. Three or four years ago Scott Travers et al. developed the Intercept Shield technology for coin storage. In their literature, they did not distinguish between old, new, PCGS, ACG, NGC, etc. holders. I am relatively new to the hobby, but I have always had the impression that no holder was air tight, and Intercept was developed to address that issue by providing a scrubbed storage environment for all holdered coins. I submit that gas exchange is a potential problem for most, if not all holders. If you think the problem lies only with the old rattlers, I think you are wrong - don't develop a modern holders false sense of security.

I know the white balance is wrong - but I didn't feel like fixing it.

JRocco · August 29, 2006 8:14AM

I sure hope not. I wonder what was done by MOC to those slabs and if the coins will keep toning now that these is something in the holder or if the coins will just keep that look ???

Hadleydog · August 29, 2006 8:21AM

<< Edited to remove link since coin was not rattler and I was too busy looking at "old holder" and strongly toned coin......see what recent events have done?

So, my title still stands: Are all toned coins in rattlers now suspect? >>

No.

majorbigtime · August 29, 2006 11:12AM

<< A coin being in a Rattler doesn't matter. All you have to do is AT a coin in a Rattler and then send the coin in to PCGS for a $5 reholder. >>

BINGO!!!

Nic · August 29, 2006 11:33AM

No. Please send the suspect high grade type to me for an offer

. K

SUPERCARCOINS · August 29, 2006 12:27PM

"No. Many people expressed the same thought. But, this board is not comprised of the average buyer out there. Plenty of collectors would trust the color because the coin is in a PCGS slab.

Russ, NCNE "

I still say Russ is the smartest S.O.B out there..........

............

bestclser1 · August 29, 2006 1:08PM

<< 

<< Am I the only one that thinks MOC morgan was blatant AT? >>

No. Many people expressed the same thought. But, this board is not comprised of the average buyer out there. Plenty of collectors would trust the color because the coin is in a PCGS slab.

Russ, NCNE >>

Baley · August 29, 2006 1:09PM

Every coin raw or slabbed should be judged by the universal, "what do your eyes tell you?"

Are all toned coins in rattlers now suspect?

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