The Fascinating Rust Image: My Exploration of the SS Central America Double Eagle
June 22, 2025My Night with Sal’s “Nifty Nickel Night” Edition: Sharing Those Nickels
June 22, 2025
You know, after decades in this hobby, I thought I’d seen every numismatic blunder imaginable. But nothing quite prepared me for that eBay listing of a gold coin someone tried to “improve” with artificial toning. What was supposed to be a valuable collectible ended up looking like a science experiment gone wrong – barely worth its weight in metal. That experience cemented my belief that trying to tone gold is like trying to teach a cat to swim: pointless and destined for disaster.
Why Gold and DIY Toning Don’t Mix
That poor coin looked like it took a bath in Liver of Sulphur – a trick that sometimes works on silver but turns gold into a hot mess. What emerged was this blotchy, unnatural carnival of colors that screamed amateur. Here’s the hard truth: gold fights oxidation like a champ. While silver develops those lovely natural patinas over time, gold’s purity means discoloration usually signals either alloy impurities or human meddling. When collectors spot that telltale ring of chemical residue, we grimace and call it a “Potty Dollar” – not exactly a prized possession.
Where Things Go Sideways
Let me break down exactly why playing alchemist with gold coins backfires every time:
- Killing Value: That eBay disaster? Might as well have taken a sledgehammer to its numismatic worth. What could’ve been a premium piece got reduced to melt value overnight – and even then, good luck finding a buyer.
- Alloy Roulette: Trace copper or other metals in gold coins react unpredictably to chemicals. Shipwreck coins like those from the SS Central America develop natural goethite crusts, but that’s worlds apart from kitchen-table tinkering.
- Graders See All: PCGS and NGC sniff out artificial toning like bloodhounds. I’ll never forget how Robert Evans carefully restored those SS Central America coins – professional conservation is lightyears removed from homebrew toning attempts.
Market Wisdom and Restoration Realities
The SS Central America recovery story fascinates me – those “rusted washers” transformed into museum pieces through painstaking expertise. But here’s the kicker: professional restoration isn’t toning. In today’s market, watch for shady tactics like “slab-gassing” where coins get altered in holders. That eBay tragedy? I’d only touch it at scrap value if I knew a top conservator could salvage it – otherwise, it’s landfill material.
Keeping Your Collection Safe
From one collector to another, here’s how to dodge these nightmares:
- Steer Clear of Suspicious Surfaces: If a coin looks dipped, painted, or cooked, walk away. Original surfaces age like fine wine; tampered ones crumble like cheap cheese.
- Know Your Seller: That jeweler-turned-coin-“enhancer”? Hard pass. Stick with dealers who’ve built reputations over decades, not days.
- When in Doubt, Melt it Out: Compromised gold belongs in the bullion pile. Paying numismatic premiums requires pristine originality.
At the end of the day, that eBay horror show reminded me why I fell in love with coins. Gold’s magic lives in its unspoiled luster and history – not some chemical-induced psychedelic circus. I’ll save my toning admiration for silver pieces and let gold shine naturally. Trust me, that approach has saved my collection (and wallet) countless times over the years.
