Opinion's on this unique toned morgan from teletrade.

[nk1nk]

I fell in love with this coin and really wanted to win it, I have never seen anything like it and probably never will but my $850.00 wasn't even close but with christmas around the corner I couldn't go more. I haven't been able to stop thinking about this coin. What do you guys think and has anyone seen toning like this before?

 

Nick

 

teletrade link

 

http://www.teletrade.com/coins/lot.asp?auction=3391&lot=1725#n

 

picture

 

[AnkurJ]

That is quite interesting! Not sure I would pay that much either.

[Walkerfan]

Wow! That's cool but it is a hefty premium. IMHO.

[mkman123]

Really pricey!! I do like the toning, its great

[mumu]

That is a trippy coin. Its like an energy warp flying thru liberty.

[cpm9ball]

To be honest with you, I find it very hard to believe that it is NT. I'm wondering if it were cracked out and resubmitted to PCGS if it wouldn't come back AT.

 

Chris

[newprepper]

Looks like a piece of marble. Too bad its in a PCGS slab, if it were in an NGC slab your price would have won by a lot

[cpm9ball]

A couple years back, Shane had a nice Morgan toner up for auction. I think it was an 1883-CC certified 64 or 65 (or it could have been an 1884-CC.) I can't remember. Anyway, the bidding had stalled at $700-800, so I placed a bid of $1K on it. I was the high bidder almost to the end when it closed for $1200. I was a little disappointed, but I'd like to think that I helped Shane out a little anyway.

 

Not more than two weeks later, Shane had another nice toner listed, an 1883-CC NGC MS65. This time, I really wanted to win, so I placed a bid of $1250. When the auction closed, I won it for $511. I was a happy camper!

 

Chris

[PerryHall]

Interesting but not worth a big premium to me. All it takes in an auction is for two people who really like it and are willing to pay a big premium.

[Conder101]

I would have a hard time believing that it was NT I don't care whose slab it is in.

[brg5658]

Gassed? What would have possibly caused such bizarre "whispy" toning patterns?

 

IMO, $1250 for a $60 coin is a bit steep for funky color.

[MarkFeld]

To be honest with you, I find it very hard to believe that it is NT. I'm wondering if it were cracked out and resubmitted to PCGS if it wouldn't come back AT.

 

Chris

 

It's certainly unusual looking, but it looks NT, all the way, to me.

[TonerGuy]

Very cool coin. Gut reaction says EOR toning...

[Coinbuf]

Well its interesting and the AT/NT could be debated all day long but imo you lucked out by not winning.

[Catbert]

I'm captivated and understand why you were too. There will always be another cool coin to come your way. Chalk this one up to fate that it wasn't to be for you.

[PerryHall]

Very cool coin. Gut reaction says EOR toning...

 

What's EOR?

[L1ncolnF4n]

To be honest with you, I find it very hard to believe that it is NT. I'm wondering if it were cracked out and resubmitted to PCGS if it wouldn't come back AT.

 

Chris

 

It's certainly unusual looking, but it looks NT, all the way, to me.

 

Agreed. That'd be some chemistry exam else wise.

[cpm9ball]

Very cool coin. Gut reaction says EOR toning...

 

What's EOR?

 

EOR - End of Roll

 

But, I think it should be DOR - Dead on Resubmission!

 

Chris

[johnny9434]

A couple years back, Shane had a nice Morgan toner up for auction. I think it was an 1883-CC certified 64 or 65 (or it could have been an 1884-CC.) I can't remember. Anyway, the bidding had stalled at $700-800, so I placed a bid of $1K on it. I was the high bidder almost to the end when it closed for $1200. I was a little disappointed, but I'd like to think that I helped Shane out a little anyway.

 

Not more than two weeks later, Shane had another nice toner listed, an 1883-CC NGC MS65. This time, I really wanted to win, so I placed a bid of $1250. When the auction closed, I won it for $511. I was a happy camper!

 

Chris

you did real good on that one and the way it worked out is pretty cool to

[TonerGuy]

For those of you saying its definitely AT - anyone want to put into words as to why you feel that way... other than "well it just doesnt look right" or "Ive never seen anything like that before..."

 

 

[cpm9ball]

For those of you saying its definitely AT - anyone want to put into words as to why you feel that way... other than "well it just doesnt look right" or "Ive never seen anything like that before..."

 

 

I'm not saying it is or it isn't, but I would be afraid that PCGS could just as easily change their mind.

 

Chris

[RWB]

Interesting, but has no special appeal to me.

[FILTHYHOARD]

To be honest with you, I find it very hard to believe that it is NT. I'm wondering if it were cracked out and resubmitted to PCGS if it wouldn't come back AT.

 

Chris

 

It's certainly unusual looking, but it looks NT, all the way, to me.

 

Mark, what do you think could have possibly caused that unique toning pattern?

[Kurtdog]

For those of you saying its definitely AT - anyone want to put into words as to why you feel that way... other than "well it just doesnt look right" or "Ive never seen anything like that before..."

They can't. The terms are arbitrary and the distinctions are irrational. That's the reason they can't. If you insist, some may oblige, but they'll be the most distorted, vague, and unintelligible explanations you ever heard.

 

On how I'd judge the coin. The only rule is, collect what turns you on. As a corollary to that, let others alone, to do the same. That coin, to me, looks like something was spilled on it. It colored-out, as such, for whatever reason, but that's irrelevant. I like the colors, and it has a nice surface, but the color-pattern is highly-distracting. Overall, I could see a small premium for it, for its uniqueness.

[nk1nk]

I think it is naturally toned. I think it was and end roll coin but instead of the roll being folded at the end it was twisted closed. So who knows maybe I will find the other end someday.

 

Nick

[e1cnr]

end of roll toning seems possible

(although I wonder if an electrical current helped)

 

the reverse has me scratching my head

 

the white areas could be areas on planchet before striking

[TomB]

It needs a name like "The Vortex" or something like that.

[delta]

I wonder if an electrical current helped

 

That's getting warmer. It appears as if the toning pattern developed while the coin was exposed to a strong magnetic field.

[MarkFeld]

To be honest with you, I find it very hard to believe that it is NT. I'm wondering if it were cracked out and resubmitted to PCGS if it wouldn't come back AT.

 

Chris

 

It's certainly unusual looking, but it looks NT, all the way, to me.

 

Mark, what do you think could have possibly caused that unique toning pattern?

 

I like Nick's theory as a possibility: "I think it was and end roll coin but instead of the roll being folded at the end it was twisted closed."

 

Or perhaps it was otherwise exposed to paper or a ribbon?

[Kurtdog]

I think it is naturally toned. I think it was and end roll coin but instead of the roll being folded at the end it was twisted closed. So who knows maybe I will find the other end someday.

 

Nick

Nick, did you notice the determinations by the TPGs on the issue of whether tarnish on a coin is "NT" or "AT" are inconsistent over time? A good friend of mine from another forum showed me a very well-written lecture, there, somewhat recently, on what was referred to by the author as, "Appalachian toning," on that very issue. I don't see anything whatsoever wrong with this coin, outside of the fact, it's just not my tastes in tarnish. The most important thing to me is whether the surface is hurt by the tarnish, and this surface, from what these eyes can see, is all there. If you find another one like it, go after it, and don't worry about "NT," "AT," or anything anybody says. That's what I'd do. In fact, that's how I buy all my tarnished coins. FWIW...