Toning on Peace versus Morgan silver dollars????

oreville · August 16, 2002 4:45AM

Ok here are three questions:

(1) Why do Peace Dollars rarely have the same lovely toning that Morgan silver dollars have? Even their golden toning is rarely golden and seems to be more yellowish in color?

(2) Why has Peace Dollars never developed the same demand factor for the fewer toned coins that has actually been discovered?

(3) Why is solid white Peace Dollars so much in demand vis a vis Morgans?

I have asked these questions before but never got a straight answer!

rkfish · August 16, 2002 5:29AM

Oreville,

All I can tell you about this is what I have read.....

1)Peace Dollars, being minted much more recently, have not had as much time to interact with the sulfer in the bags and there are beliefs that the acid bath in which the planchets were washed after annealing was more highly concentrated for Peace Dollars than Morgan's thus slowing the toning process.
2)I personally believe the "colorful, unique" Peace dollars probably would command much more of a premium over the Morgan.
3)From my experience, a colorful Peace dollar set would be very difficult and costly to put together thus the ease of the all "white" set. For Morgan's, I don't know.....

MoneyLA · August 16, 2002 9:42AM

I once picked up a raw Peace dollar with obv red toning. It was authentic and had the tell tale marks that showed the authenticity of the color toning. Yes, I had the coin slabbed by PCGS. But when I sold it, the premium for the toning was very low -- almost non existant. Im sure that had it been a Morgan the premium would have been substantial. I share your wonder why Peace dollars dont enjoy the same "toning interest" that Morgans have. cheers, alan mendelson

supercoin · August 16, 2002 12:05PM

Not sure what nonexistant premium you mean -- I'll pay Morgan equivalent premiums for a monster toned Peace dollar any day!

They don't bring the premium they "should" compared to an equivalently rare toned Morgan, though. I'd guess the ratio of truly nice toned Peace dollars to Morgans is less than 1 to 100, anyone with more experience with them back that up?

Peace dollars in general are overall less popular than Morgans, of course. And it could also be that since it'd be so difficult to put together a monster toned Peace dollar set that almost nobody tries.

jom · August 16, 2002 1:13PM

Peace dollar collectors should correct me if I'm wrong but I don't think Peace dollars were stored like Morgans were. Is this true?

You just don't see toned Peace dollars...they are far rarer (there's that word again!) than Morgans with tone.

jom

supercoin · August 16, 2002 1:34PM

Here's my favorite (a.k.a. only) toned Peace dollar:

ArtR · August 16, 2002 11:31PM

<< <i>I share your wonder why Peace dollars don't enjoy the same "toning interest" that Morgans have >>

Because they don't normally take on the beautiful toning that Morgans do. At times you can find Peace Dollars with the right colors, but the flash is not there, so the colors will be drab, and does not seem to lay on the surfaces as it does on most Morgans. They also have trouble with spotting, like a lot of there white counterparts do. Also most Peace Dollars develop a mottled effect which with the absence of flashy luster takes away from the eye appeal of the coin. In my eyes and my eyes only (the old beauty is in the eyes of the beholder thing) I have only seen one Peace Dollar that approaches a Morgan in Vivid Color, and the flash necessary to bring up these colors and I bought it. I have to give credit where credit is due. I probably never would have got to this coin on time (Before it sold) if it wasn't for a member of this board who tracked me down and let me know that it was available.

<< <i>I'd guess the ratio of truly nice toned Peace dollars to Morgans is less than 1 to 100, >>

Supercoin, I think you are being quite conservative in your estimates.

PQpeace · August 17, 2002 12:09AM

Hey Supercoin..
nice coin you have there !
Can I steal that pic for my web page ?
Larry

supercoin · August 17, 2002 12:59AM

Larry, sure feel free, if you're uploading it to your site rather than linking to mine (I pay for bandwidth).

ArtR, do you have a photo of that "one" Peace dollar? Would love to see it!

ArtR · August 17, 2002 1:43AM

Supercoin
It is the reversed toned Peace Dollar that I have up on my Web Page, and also the one that I use as my icon.

PQpeace · August 17, 2002 2:02AM

Art..great pics on your page..
may want to borrow a few pics also

Will always give credit to who owns the pic/coin.
Thanks,Larry

supercoin · August 17, 2002 2:47AM

Art, in that case, sad to say, I've seen some Peace dollars that have us both beat.

It was a small local coin show, I was looking at a mediocre toned Peace dollar and asked if he had any more. He pulled out a box with about 10 of them, 3 or 4 were stunners. But, unfornutately not for sale. He knew what he had and apparently just liked showing off.

ArtR · August 17, 2002 3:35AM

Tad

<< <i>Art, in that case, sad to say, I've seen some Peace dollars that have us both beat. >>

The Good Part: Sooner or later some where down the road this always seems to happen.

The Bad Part: The guy is never willing to sell.

oreville · August 17, 2002 4:20AM

I would venture to guess there is 1 really nice toned Peace dollar for every 10,000 nice toned Morgan silver dollars.

Thoughts?

TheNumish · August 23, 2002 9:01PM

I've talked to several people about this and one guy told me the way the mint agitated the planchets before striking the coins was different for Peace Dollars than Morgan Dollars. That's why they don't tone the same way. Don't know if that's true but seems to make sense to me.

PQpeace · August 24, 2002 12:12AM

Hey Super..is that a scan or a picture of your Peace dollar ?
Very nice !
Larry

supercoin · August 24, 2002 2:18AM

Thanks! It's not a scanner or a digital camera. It was taken with a Canon Hi8 camcorder attached via an S-Video cable to a digitizing board in a Mac, running custom software I wrote to capture/resize/crop/collate/compress/iconify/name the images.

The important part being "not a scanner".

PQpeace · August 26, 2002 3:05AM

Very cool..
Larry

pmh1nic · August 28, 2002 12:36AM

Tad & ArtR

Both are gorgeous coins! I've been looking but its seems like I've got a lot of company

. There was a common date, nicely toned coin on Ebay last week with about 15% ~ 20% of the color on your coins. The high bid was $200 all week but it ended up getting sniped at $350.

supercoin · August 28, 2002 3:44AM

In that case my "crazy name your asking price" just went up.

Do you have a link to that auction? Would like to see it for comparison.

pmh1nic · August 28, 2002 12:16PM

Tad

Here is the link to the auction I mentioned. My memory was a little off. The coin went for $330.00.

Toned Peace Dollar

supercoin · August 28, 2002 12:52PM

Wow... ok, I guess $3300.00 is my price.

The eBay coin does look like it has a nice pattern, but unless it's more vibrant in real life it doesn't really do much for me.

But if you're trying to put together a toned Peace set, you probably take what you can get!

pmh1nic · August 28, 2002 9:16PM

Given the 65 grade I'd hope the coin would have much more luster then comes through on the scan. Like you said if you're putting together a toned Peace Dollar set you don't have a huge selection of nicely toned coins to choose from.

$3,300...not from me

but I won't be surprised if you could get that in a heated up auction.

Toning on Peace versus Morgan silver dollars????

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