Obverse toning, Reverse toning, and two sided toned Morgans

FC57Coins

I know that in the market there is a preference for obverse toned Mogans, and now NGC and PCGS will put the reverse of the coin on the front of the slab if the toning on this side is better looking. How does everyone feel about this? Do you pay more of a premium for obverse versus reverse toning? Do you avoid coins that only have reverse toning? And how about two sided toned coins? - Are those the REAL monsters of the toned Morgan world? Just wondering what everyone thinks.

Frank

nwcs

Frankly, where the toning occurs matters zero to me. It's what the toning looks like and how much.

agfox

I personally like reverse toned morgans. I like my ladies with clean cheeks, and lustrious hair. All rainbows are pretty, but I like my on the back

Placid

If the same exact toning was on the reverse or obverse I would pay the same.
Yes the two sided nice ones are the real monsters.

I think with pcgs you have to write on the submission form to holder reverse out or they won't automatically do it.

ccr

Will they be doing the same for white/non-toned coins?

ArtR

<< <i>Do you pay more of a premium for obverse versus reverse toning? >>


Yes, don't have much of a choice. If you find two Morgans with equivalent toning, one obverse tone and one reverse tone the obverse toned coin will sell at a premium over its reverse toned counterpart.


<< <i> Do you avoid coins that only have reverse toning? >>


No


<< <i>And how about two sided toned coins? - Are those the REAL monsters of the toned Morgan world? >>


Being toned on both sides does not make a coin a Monster. A coin is what it is. If it doesn't have great color, flash, and knockout eye appeal the coin will not qualify as a Monster.

gsaguy

As usual, ArtR stole my thunder! He's right on the money.....'monster' is all about color quality and eye appeal when it comes to toned Morgans.

I've bought quite a number of beautifully reverse-toned Morgans but can rarely get much of a premium for them when selling. The only exception is if the color is.......well.....exceptional.

Two-sided toned coins are interesting, but mostly just as a novelty. Of course, I'm talking about bag toned coins here as most envelope toned coins show two sided toning. For a bag-toned coin to show two sided toning, the coin typically had to sit on edge in a crease of the bag. Can't be too many like that out there.

Out of several hundred toned GSA's that I've put away through the years, only 5-10 are full two sided toned. Interestingly, in almost every case, the two sides look nothing alike.

GSAGUY

MadMonk

Well, I won't pay a significant premium for reverse toning. I have bought coins with nice rev toning, and have payed a little better than average for them, but I really like it better on the obverse. I realize that the services are starting to slab them that way. Guess I could pay a gazillion dollars for them to reholder mine as such. I will pay more for a piece that has attractive toning on both sides. I have passed on a lot of rev toned pieces though. In fact, I'm getting ready to start selling some off. Of course that is my preferance. I suppose the possibility exists for me to pay good money for reverse toning, but it better be a godzilla. I was taught years ago, and have seen it some in my experience, that the obverse ultimately sells the coin. I never expected to take my collection to the grave, so have always bought with the ease of eventually selling the piece in mind.

barney

Hi Bryan,

Do you remember mine? Has the market improved at all for exceptionally toned Morgans? Or is the margin still tight? It is such a subjective
market, do you not agree? Bullion and current world events should have little impact on this area of numismatics. Do you agree?

I may submit my dollar to Goldberg Auctions in May depending on how things go.

Take care and hope that you've recovered OK from the storm.

Barney

gsaguy

Barney,

No way to forget your coin!

The market still appears to be strong for top quality toned coins of all demoninations but it's almost impossible to predict what any given coin will bring. It's still, "beauty is in the eye of the beholder". In other words, it will always be a 'subjective' market.

GSAGUY

FC57Coins

So Bryan and others - what would you call this type of toning. I was interested in it because of the big splotch of blue on the reverse. The obverse colors are really neat too, but the reverse kinda makes you go hmmmmm - it's in an NGC MS64 holder.

Frank

jbsteven

I like this one of mine..........

front



reverse of the same coin

gsaguy

Frank,

Based on the scan, I'd have to guess it's an envelope-toned piece although the colors look brighter than typically encountered for such pieces. They're usually much more pastel.

GSAGUY

jbsteven

come on gsa, show us one of your favorite 2 sided monsters

Lori

I personally like the toning on the front. I am sure there are some toned Morgans with beautiful reverse toning that would make me change my mind. The few I have seen at the coin shop have not been that great.

I updated my toned morgan page if anyone is interested. The link is in my signature. I have many new ones in the mail and cant wait to take their pictures. 3 of the morgans are new from the local coin store today. 2 slabbed and one raw.

Lori

MadMonk

Frank, I wouldnt buy that one.
JbSteven, That's more of what I would look for in this stage of my life.

FC57Coins

Monk - it's a sight to behold in your hand though - something you can't really appreciate from just a pic

MrKelso

Make mine BLAST White.

jbsteven

FRANK:

here is a few newps of mine



another



reverse of coin above

MadMonk

<< <i>Monk - it's a sight to behold in your hand though - something you can't really appreciate from just a pic >>



I'll have to believe you on that. I looked a little longer and see where your coming from. Reminds me once again that images on the web can be highly decieving. The piece can be either way, worse or better than the image.