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Do you pay a premium for toned coins?

Panda4456Panda4456 Posts: 362 ✭✭✭
edited January 24, 2021 10:04AM in U.S. Coin Forum

I see so many common date coins on eBay that are not worth that much but I see people paying 10X-100X the value of the coin just being it has rainbow toning.

I personally prefer coins that are bright white and PL rather than toned.

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Comments

  • CryptoCrypto Posts: 3,119 ✭✭✭✭✭

    I’ll never buy a random coin because of toning. I will pay a premium for the most attractive layers of age combination (that includes toning) for a coin already on the fair & semi-recoupable value spectrum that I was already seeking out.

  • 291fifth291fifth Posts: 23,723 ✭✭✭✭✭

    There is a core of collectors who seem willing to pay big premiums for anything that has "rainbow" toning regardless of whether the toning pattern is attractive or not. As the market for toned coins matures eye-appeal is going to become more and more important and many of the oddly toned coins are going to fall out of favor. When they fall out of favor their prices realized will fall with them.

    All glory is fleeting.
  • Downtown1974Downtown1974 Posts: 6,587 ✭✭✭✭✭

    There’s certainly a market for nicely toned coins. I’ll pay a hefty premium if it’s a coin l really like. A couple of weeks ago I was bidding on a beautiful Roosevelt dime. It’s about a $16 dime in blast white. It sold for over $300. Someone liked it more than I did.

  • ctf_error_coinsctf_error_coins Posts: 15,260 ✭✭✭✭✭

    Absolutely.

    Rainbow toned major error coins carry a heavy premium.

  • MFeldMFeld Posts: 11,075 ✭✭✭✭✭
    edited January 24, 2021 11:06AM

    @Panda4456 said:
    I see so many common date coins on eBay that are not worth that much but I see people paying 10X-100X the value of the coin just being it has rainbow toning.!

    I personally prefer coins that are bright white and PL rather than toned.

    Maybe they ARE worth that much.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • blitzdudeblitzdude Posts: 5,046 ✭✭✭✭✭

    I pay more albeit indirectly because the second she gets home she gets a bath. The Weimans isn't cheap.

    I would never pay more for the coin itself just because someone baked it in the taco bell sauce. THKS!

    The whole worlds off its rocker, buy Gold™.

  • derrybderryb Posts: 35,797 ✭✭✭✭✭

    like rust, tarnish never sleeps. And it's free.

  • HydrantHydrant Posts: 7,773 ✭✭✭✭✭

    Yes, but it depends on the type of coin. Early silver, 1790's to 1830's and classic commemoratives. Otherwise, I'm a member of the ricko school. No tarnish, please!

  • ZoinsZoins Posts: 33,735 ✭✭✭✭✭

    @ErrorsOnCoins said:
    Absolutely.

    Rainbow toned major error coins carry a heavy premium.

    They are also very rare! I think I’ve only seen you post one here?

  • CoinHoarderCoinHoarder Posts: 2,313 ✭✭✭✭✭

    I would pay a small premium for exceptionally toned coins.

    Many of the toned colors that I see today, I never saw back when silver coins circulated.

  • privatecoinprivatecoin Posts: 2,998 ✭✭✭✭✭

    Depends

    Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc

  • david3142david3142 Posts: 3,310 ✭✭✭✭✭
    edited January 24, 2021 11:41AM

    Since toned coins (particularly attractive rainbow ones) sell for (often huge) premiums, if a collector doesn’t pay the ask, they simply won’t own any. You could equivalently ask if you pay more for key date coins. You either do, or you don’t get to buy them (unless the seller is oblivious to the market).

    If you are referring to age-appropriate, subtle toning or dark/unattractive color then there wouldn’t be a reason to pay a premium as those have the same (or less than) market demand as blast white.

    To answer the question, I love toned coins and have paid rather large premiums for some of them.

  • clarkbar04clarkbar04 Posts: 4,895 ✭✭✭✭✭
    edited January 24, 2021 11:38AM

    It’s easy to guess who is going to post in these threads and what they are going to say.

    It’s not surprising that people pay a premium for superior eye appeal.

    And to be fair, those are asking prices, and appear to be still for sale. Take a look at realized prices.

    MS66 taste on an MS63 budget.
  • Cougar1978Cougar1978 Posts: 7,205 ✭✭✭✭✭
    edited January 26, 2021 8:09AM

    It depends on what think can sell them for.

    If the deal is right with huge profit potential (like 2-4 multiple x cost), confident can flip quickly, and the coin really PQ probably would bid up but not too high or get in bid war with some rabid collector.

    It’s all in the deal for me.

    Coins & Currency both US and World
  • Tom147Tom147 Posts: 1,296 ✭✭✭✭✭

    I'm mostly in the RickO camp too.

  • abcde12345abcde12345 Posts: 3,404 ✭✭✭✭✭
    edited January 24, 2021 1:53PM

    @Hydrant said:
    Yes, but it depends on the type of coin. Early silver, 1790's to 1830's and classic commemoratives. Otherwise, I'm a member of the ricko school. No tarnish, please!

    :|

  • spacehaydukespacehayduke Posts: 5,072 ✭✭✭✭✭

    I will pay a premium for toning, originality, green or gold bean, and old holders. Absolutely. Send 'em my way.


    Successful transactions with-Boosibri,lkeigwin,TomB,Broadstruck,coinsarefun,Type2,jom,ProfLiz, UltraHighRelief,Barndog,EXOJUNKIE,ldhair,fivecents,paesan,Crusty...
    Everyman Bust Quarters
    Early Quarters
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  • HigashiyamaHigashiyama Posts: 2,103 ✭✭✭✭✭

    Yes, but only if the character of the toning is consistent with the issue, for example, bag toning on Morgans, mint set toning on a 1958 Franklin, and many types of toning (consistent with manufacture and storage) on classic commemoratives.

    Higashiyama
  • JimnightJimnight Posts: 10,592 ✭✭✭✭✭

    For me ... I guess it all depends on the coin and eye appeal.

  • SmudgeSmudge Posts: 9,057 ✭✭✭✭✭

    Yes, if it is pretty. Funny how pretty tarnish is toning and ugly tarnish is tarnish.

  • goldengolden Posts: 8,804 ✭✭✭✭✭

    Most of what I see out there is a no. There are a few toned coins that I will pony up for.

  • ms70ms70 Posts: 13,940 ✭✭✭✭✭

    I do but I'm fussy about it. I have a fondness for blue toning but I do not like one-sided toners.

    Great transactions with oih82w8, JasonGaming, Moose1913.

  • abcde12345abcde12345 Posts: 3,404 ✭✭✭✭✭

    @Jimnight said:
    For me ... I guess it all depends on the coin and eye appeal.

    :|

  • messydeskmessydesk Posts: 19,466 ✭✭✭✭✭

    If the toning is exceptional and makes sense for the coin, yes. If it's just a coin that isn't white, no.

  • 3stars3stars Posts: 2,270 ✭✭✭✭✭

    I discount them. Tarnish isn’t for me. I collect coins that look like they were minted, and they don’t have toning when minted.

    Previous transactions: Wondercoin, goldman86, dmarks, Type2
  • cameonut2011cameonut2011 Posts: 9,915 ✭✭✭✭✭

    I will pay a premium for high end attractively toned coins. I wouldn't pay a premium for the first or third coin. I'd pay a small premium for the 1881-S in MS66.

  • CoinHoarderCoinHoarder Posts: 2,313 ✭✭✭✭✭

    I don’t care for the one sided toning. I like em to look the same on both sides.

  • BoosibriBoosibri Posts: 11,711 ✭✭✭✭✭

    Eye appeal is massive in creating demand for coins. What your eye appreciates may be different from the market but attractive toning draws interest.

    That said, many coins are marketed as such but aren’t and any collector with half a brain can separate out the fluff from the gems.

  • bearcavebearcave Posts: 3,993 ✭✭✭✭✭

    :o

    Ken
  • santinidollarsantinidollar Posts: 1,055 ✭✭✭✭✭

    Nope

  • rec78rec78 Posts: 5,624 ✭✭✭✭✭

    No.

    image
  • matt_dacmatt_dac Posts: 954 ✭✭✭✭✭

    No, not for me,

  • Downtown1974Downtown1974 Posts: 6,587 ✭✭✭✭✭

    @koynekwest said:
    Definitely. But I like to cherrypick 'em, something that's nearly impossible to do these days. Here's one I cherried a few years back for the price of a normal coin-

    ❤️❤️❤️❤️

  • WalkerfanWalkerfan Posts: 8,664 ✭✭✭✭✭

    A modest one....Not a stupid one.

    “I may not believe in myself but I believe in what I’m doing” ~Jimmy Page~

    My Full Walker Registry Set:

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • pcgscacgoldpcgscacgold Posts: 2,510 ✭✭✭✭✭

    No, I avoid toned coins.

  • SeattleSlammerSeattleSlammer Posts: 9,940 ✭✭✭✭✭
    edited January 24, 2021 5:18PM

    Does a bear poop in the woods?

    Of course I will for the good stuff!

  • jt88jt88 Posts: 2,710 ✭✭✭✭✭

    Nice toned coin worth premium.

  • BearlyHereBearlyHere Posts: 254 ✭✭✭✭

    Sorry...give me blast white every time.
    And I do poop in the woods...

  • CoinHoarderCoinHoarder Posts: 2,313 ✭✭✭✭✭
    edited January 24, 2021 5:55PM

    @SeattleSlammer said:
    Does a bear poop in the woods?

    Not if he's in a zoo.

  • vplite99vplite99 Posts: 1,143 ✭✭✭✭

    I do not pay up too much, since I am afraid the toning is a process - on the way to black.

    Vplite99
  • leothelyonleothelyon Posts: 8,300 ✭✭✭✭✭

    @Boosibri said:
    Eye appeal is massive in creating demand for coins. What your eye appreciates may be different from the market but attractive toning draws interest.

    That said, many coins are marketed as such but aren’t and any collector with half a brain can separate out the fluff from the gems.

    There's a ebay seller with close to 700 Jeffs up but only 22 are certified. Most are toned and raw. 3 sales in 3 months. Buyers with half a brain are steering clear.......

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

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