My hubby says that toned coins are a fad........ Soon to die out

...........therefore should not command a premium.
I say there here to stay.
What do you say?
Stefanie
I say there here to stay.
What do you say?
Stefanie
CoinsAreFun Pictorials Album
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CoinsAreFun Toned Silver Eagle Proof Album
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Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
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More CoinsAreFun Pictorials NGC
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CoinsAreFun Toned Silver Eagle Proof Album
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Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
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More CoinsAreFun Pictorials NGC
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Comments
Cameron Kiefer
Will toned coins be able to command high premiums in the future? I'm not so sure.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
<< <i>I think there will always be an interest in toned coins. They can be very attractive.
Will toned coins be able to command high premiums in the future? I'm not so sure. >>
I'd agree here... nice, eye appealing coins (with or without great color) will always command a premium. However, the days of the outrageous premiums for monster toners seems to be over, at least for now.
<< <i>He's a smart man. >>
i agree. countless old timers clearly explained to us the blast white
versus toned goes in cycles.
also countless experiments and posts have shown that AT coins
are labeled and slabbed, they can be produced on demand in
simple napkins, and etc...
<< <i>They may or may not be a fad - but they will continue to change colors and not stay the same colors you bought them. >>
True, in time, all silver coins will have one thing in common ... they will turn black & become unrecognizable ...
-Randy Newman
<< <i>I think there will always be a demand for nicely toned coins. >>
And there will be plenty of coin doctors to meet this demand.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Tree Huggers are tools
Toner Huggers are geeks
Husbands just need good huggers.
``https://ebay.us/m/KxolR5
I've seen a lot of fads come and go since I started collecting.
It won't be long and white coins will be all the rage again.
Ray
2. not all toned coins will change in time. in fact, if the "toning agent" is removed from the surface of coins and they are stored properly in a stable environment they should remain stable almost indefinitely. the same can be said for untoned coins.
3. i'm not so sure what we're seeing is a "craze" or a "fad" or anything else a catch-phrase might describe. attractively toned coins have always been popular---perhaps to a greater or lesser degree---and probably always will. the increased popularity and the attendant problems caused by that are more a function of the almost 10 year up cycle and other variables such as collectors getting older/dying and the hobby being energized in a fashion which is altogether unique. from that perspective i don't think a comparison between the past decade and any other time in the history of Numismatics is valid.
4. as long as intelligent collectors seek Originality, toned coins will remain a stable investment in the long term. despite all that's transpired lately, that undisputable fact remains.
5. todays lesson in grammar begins now!!! I say there here to stay. is just wrong: there are two variations which might make it correct.
-----I say there, here to stay???
-----I say they're here to stay.
i say they're here to stay and i also say i'm here to stay regarding toned coins. i collect brilliant blast white gems but have come to appreciate the uniqueness of attractive toning and buy accordingly, being careful not to get "buried" with either genre. there is plenty of room in the hobby for collectors of both which has resulted in a vibrant market and wonderfully bombastic threads at this site.
many coin collectors love to mess with coins.
to assume we can even tell if a coin is originally toned is the height
of folly.
about the only toned coins i consider original are almost black/brown.
the so called monster toners in many cases is just a guess considering
how quick they can be made. there is always exceptions of course.
but most coins i used to see on anaconda's website made me chuckle
then and now for example. an obviously cleaned coin with new color.... comes to mind. you know the one. how many others did we
miss? hmmm
i PM'd the OP to suggest she should perhaps educate herself and seek those who are better informed than either of us. as for being able to tell original toning from AT, i do in fact believe it is possible with experience the same as being competant at grading is possible with experience. your notion seems to be that since there are problems with AT, not much can be trusted, so toned coins should be avoided; that is probably good for you and other like-minded collectors. i feel it is a poor blanket statement to make on an open forum to a newcomer seeking advice. as in most things in life, the grey area is larger than the black and white so it's probably better to advise from that standpoint.
either of the extremes-----toned coins should be avoided -or- toned coins are safe-----are just bad advice from my experience.
Is this the same husband who is still wearing his bell bottoms and tye dye shirts?
There is some truth to what he says....things cycle. One thing that people, who treat the old-timers' advice as gospel, don't seem to take into account is the dispersion of information nowadays.
This is a plus/minus for coins.....
Plus that people can see pics of the coins, learn what others believe is natural, or not, and also learn what dealers/doctors do to dip/clean/work on coins.
The minuses are that people can learn how doctors "fix"/tone/etc coins and try to replicate as well.
So, will it be a cycle? Likely. How much? Who knows.
As for commanding a premium? No one should pay anything more than they can afford to just throw away. If a collector wants to pay a premium, do it for a coin you like, but consider that money thrown away and, if the coin, when sold, sells for enough of a premium to recoup the purchase price, then consider that a bonus/found money.
I don't pay HUGE premiums for toned coins, but I do pay some premiums, if I have to and I want the coin. I also pay premiums for nicely struck coins or coins with better luster than others. When I go to sell them, I may not get the same premium, but at least I go into it knowing that.
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
I have paid modest premiums for original coins, and especially coins that are more attractive than average for the grade or price. I think that the high premiums for "monster" toned coins has already been dramatically reduced over the past couple years.
Collect what you like.
<< <i>I do not recall ever paying a huge premium for toned coins >>
Neither do I. Specifically, I try to NOT pay a huge premium for toning. However, one has to ask oneself -- do we even know?
What I mean by that is this: In many cases the TPGs have given the coin a bump in grade because of the toning. For example, a darkly toned proof coin with hairlines may be only a 62 or 63 if it didn't have toning, but because it does, it gets a 64 grade (i.e. the old eye-appeal bump). Therefore, did we, unknowingly, pay a premium for that coin? I think so, and this is part of the challenge in puchasing toned coins -- the premium might have been built in by the TPG.
Respectfully...Mike
New Fad?
U.S. Type Set
<< <i>
That's a nice toned coin.
what prompted this response? Were you just having a discussion, or was that a response to seeing a receipt?
Just curious, as I've seen similar responses to purchases I've made.
john
If a person knows what is going on and still wants to pay a premium (big or small) for a particular look, then that is their business. As always collect what you like, at prices where you can enjoy the hobby.
In honor of the memory of Cpl. Michael E. Thompson
``https://ebay.us/m/KxolR5
<< <i>Stefanie,
what prompted this response? Were you just having a discussion, or was that a response to seeing a receipt?
Just curious, as I've seen similar responses to purchases I've made.
You hit the nail on the head
We came to Palm Springs for few days of R&R
I hit the casino, they weren't paying so I draged him
To a few local coin shops. While we were having coffee he made a comment
Saying that most of the coins I buy are toned. Now most who know me know
That I don't go for wild toned coins rather nice thick skinned coins with nice
Toning catch my eye.
He also said that he hopes that toning is not a fad and eventually
When I sell them that people will still like them.
I replied that nice original, toned coins will never go out of favor( imho)
I was not speaking about wild toned coins.
He again replied that he hoped that I was right.
Now, I myself have never paid huge premiums for my toned coins.
But, I did think it was a valid point he raised!
Sorry about the weird typing, but it's not easy typing on
These stupid iPhones!!!
Stefanie
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CoinsAreFun Toned Silver Eagle Proof Album
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Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
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More CoinsAreFun Pictorials NGC
They'll always have a strong appeal, I think, so they're here to stay.
But I think some of the red-hot, faddish demand will cool a little bit over the long term.
I say you're both right.
I'll take this anyday ...
Best,
Sunnywood
Sunnywood's Rainbow-Toned Morgans (Retired)
Sunnywood's Barber Quarters (Retired)
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
bob
<< <i>I can't imagine why anyone would prefer Artificially White (AW) coins to beautiful, naturally toned coins. Of course attractive naturally toned coins should command a premium over their generic, widget, artifically white counterparts !!!! The only fad is the insupportable preference for coins that have been conserved, dipped, stripped and have unnaturally altered surfaces.
I'll take this anyday ...
Best,
Sunnywood >>
I'm with Sunnywood!!!!
<< <i>Stefanie,
Is this the same husband who is still wearing his bell bottoms and tye dye shirts?
There is some truth to what he says....things cycle. One thing that people, who treat the old-timers' advice as gospel, don't seem to take into account is the dispersion of information nowadays.
This is a plus/minus for coins.....
Plus that people can see pics of the coins, learn what others believe is natural, or not, and also learn what dealers/doctors do to dip/clean/work on coins.
The minuses are that people can learn how doctors "fix"/tone/etc coins and try to replicate as well.
So, will it be a cycle? Likely. How much? Who knows.
As for commanding a premium? No one should pay anything more than they can afford to just throw away. If a collector wants to pay a
premium, do it for a coin you like, but consider that money thrown away and, if the coin, when sold, sells for enough of a premium to recoup
the purchase price, then consider that a bonus/found money.
Hey Ron you found out he stills wears bell bottoms????
Stefanie
I don't pay HUGE premiums for toned coins, but I do pay some premiums, if I have to and I want the coin. I also pay premiums for nicely struck coins or coins with better luster than others. When I go to sell them, I may not get the same premium, but at least I go into it knowing that. >>
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CoinsAreFun Toned Silver Eagle Proof Album
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Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
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More CoinsAreFun Pictorials NGC
were produced enmasse. only a small portion of it is made public
for us to learn about. ms70 proof IHCs for example.
people on this forum claim to know the coin docs, heard of their
recipes, dealers buy from them to sell to collectors... there is such
a shady side of toned/messed with coins that i think many are in
denial.
taco bell napkins summarizes the potential for havoc nicely.
I am constantly amazed at the kudos that flow on this site to what I consider absolutely ugly, tarnished coins. I can appreciate subtlely tarnished coins as being genuinely beautiful. Much beyond a whisper of color and you can't even discern the surface conditions or images of the coin. Might as well just let a planchet accrue color. Having said that, there is no right or wrong. Collect what you like.
By the way, it would be a breath of fresh air if the hobby would drop the politically correct marketing-speak of the phrase "toning" and call it what it is, "tarnish". That is certainly how the rest of the non-numismatic world refers to it. They wouldn't even know what we were referring to if we say "toning". Funny how even a "hobby" such as coin collecting is not remiss to puff up descriptive terms to enhance marketability. For instance, what is good about a coin in "Good" condition? Most non-collectors would see it as one step above scrap metal. But it is hard to generate much of a premium by designating a coin as being in "WS" condition (worn-slick).
It's a fascinating pastime!
I know a lot of people would find this half dime unattractive because of its dark tarnish or toning, but I really like it in hand-it looks reflective black and gold, and very un-messed with. It is to me a nice example of a mid-grade coin that fits a need in my die variety set.
-Randy Newman