Rainbow Toned Error Coins
ctf_error_coins
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Talk about a double premium.
Post yours if you got them.
7
ctf_error_coins
Posts: 15,433 ✭✭✭✭✭
Comments
No disrespect intended, but this doesn't look like rainbow toning to me.
Well its got all the colors of the rainbow altho not banded.
So should I say "Toned like the colors of a Rainbow". Seems like a long and ridiculous description.
I will call it what I want.
OK.
Truly, I meant no disrespect.
I am interested in the premium though.......
I do not collect error coins (or toned copper), but my understanding is that a key-date error coin is something of an albatross. If people want to pay up for a key-date coin, they usually want a "nice" one and not a "messed-up" one. If people want an error, they want a cool error without paying a premium for a scarce date. Along those same lines, I was wondering if it's actually common for people to pay a toning premium for an error coin.
To my eye, this toning pattern on copper isn't particularly attractive, but I'm sure others see it differently.
copper is so volatile that only the prettiest of pretty typically command any premium. With copper the exponential increases typically come from lack of toning with the purest of Reds. Occasionally a better coin with a better look (more common on Proofs and highend UNC) can bring an eye appeal bump with its blues and greens but those have a mixed perception in the market as most know they were influenced with perversities and even then the eye appeal is most driven by the luster not the color. While not unattractive, the technical term for you coin is Brown (maybe it could squeak into a RB). Any eye appeal bump would start at the lower value point of BN so still a subtraction from Red.
All that said being a common low value coin where all the value stems from the attributes of the error and it's eye appeal, I doubt the color factors in at all outside of the overall decent but not remarkable base coin the error sits on.
11.5$ Southern Dollars, The little “Big Easy” set
Every single major error coin with what I call rainbow toning that I have watched have commanded a substantial premium over what a regular error coin of the same would bring.
This seems to be a fact of the market.
The market will dictate premium levels... and for some collectors, colorful tarnish seems to outweigh any other attributes. @ErrorsOnCoins is an expert in this area, and I certainly believe him when he says he has seen significant premiums for tarnished error coins. Cheers, RickO
This one sold for a triple premium. Nice error, nice color, and the Fred Label.
I suspect that premium was for the clear date, presentation and the Fred label making people willing to stretch for an otherwise cheaper coin. That wasn't a toning premium
11.5$ Southern Dollars, The little “Big Easy” set
Gotta love this forum.
Post an error coin, and get ready for some sort of odd debate.
What ever happened to, "Hey, cool coin".
It's cool, but it only looks 38% off-center to me.
Nothing is as expensive as free money.
This forum is about education, I was educating you..... the difference between sales hyperbole vs technical assessment.
What ever happened to, "thank you Sir"
11.5$ Southern Dollars, The little “Big Easy” set
The only one thing that you personally have ever "educated" me on is just how sharky and unethical some members of this forum are, and I have thanked you repeatedly for that. It has helped my business tremendously knowing what you taught me.
As to error coins and toning premium, you know nothing sir.
Not the best pic, but this is a cool 1929-D Merc with 2 clips. Coin is in an old Anacs 65 holder, bought it for the toning but have since dipped my toe in errors a little.
That is a very beautiful double clip. I was curious what would be posted on this thread, and this coin did it for me. Toned error coins is a very niche market to examine.
"But seek ye first the kingdom of God and His righteousness and all these things shall be added unto you" Matthew 6:33. Young fellow suffering from Bust Half fever.
BHNC #AN-10
JRCS #1606
Agreed...that '29 Merc is epic.
Hey cool coin. I like the coin and I love error coins. Definitely not rainbow toned. Toning premiums are usually for spectacularly toned coins which I also love.
Toning like this brings the premiums.
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You always have interesting material.
You are a teacher as well.
Seems like the toning question is in the eye of the beholder.
Not my favorite toning, but doesn't take away from the coin.
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I am going to guess that the old ANACS holder has the serial number that starts with two letters. I have seen many silver coins with similar toning that bloomed in those holders.
To the OP's coin, there are a lot of 1960s / 70s Lincoln cent errors with that purplish toning that came from Lonesome John Devine, he had a "secret sauce" that his used to treat copper that imparted this toning. Perfectly market acceptable and even worth a premium to some nostalgic error collectors.
Sean Reynolds
"Keep in mind that most of what passes as numismatic information is no more than tested opinion at best, and marketing blather at worst. However, I try to choose my words carefully, since I know that you guys are always watching." - Joe O'Connor
Here's my only nicely toned error coin. It has that "Fruity Pebbles" toning...
Hmmm, tough category! This is about all I have.
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
Off medal, original minted in silver.
I feel like you should have already known what sharky and unethical looks like pretty intimately but either way you're welcome... Bud
11.5$ Southern Dollars, The little “Big Easy” set
You and your little circle of buddies take advantage of other numismatists which is unethical.
I strive for the highest of ethics and truths.