arn't nearly all colored coins not in mint packaging AT? Here's what i mean....
barberlover
Posts: 2,228 ✭✭
Assuming a coin leaves the mint in a bag or a coin wrapper but for the most part doesnt stay in the bag or the wrapped bullet rolls but a collector puts the coin in a danco or whitman album or even an envolope and over years you get many different colors because of the means of storage that were a complete accident but the coins tone to all kinds of picaso like pretty colors. Is that natural or AT toning.
Now for those of you that say that is natural toning, what would you say to coins that toned with the exact same circumstances in the same coin albums or envelopes with one small difference, that difference being this; lets say i see a beautiful 81 S 65 morgan dollar with light blue toning in a p.c.g.s. or n.g.c. slab worth 75 bucks selling for 500 because of the color, so i go out and buy some slabbed white examples and crack them out and put them in the same albums or light blue envelopes to get the same look as the people who got that look years ago by accident, and after a couple years of undisturbes storage i get beautiful natural looking toning. So i resubmit these coins to the grading services so i can resubmit them to get the same grade with color so i can turn around and sell for many multiples of cost. Is that natural or AT toning?
For those of you chasing rainbows and blue marvels that don't think this is going on and that all coin docktering is being done with easy bake ovens, i would say think again!!! Just my opionion, barberlover
Now for those of you that say that is natural toning, what would you say to coins that toned with the exact same circumstances in the same coin albums or envelopes with one small difference, that difference being this; lets say i see a beautiful 81 S 65 morgan dollar with light blue toning in a p.c.g.s. or n.g.c. slab worth 75 bucks selling for 500 because of the color, so i go out and buy some slabbed white examples and crack them out and put them in the same albums or light blue envelopes to get the same look as the people who got that look years ago by accident, and after a couple years of undisturbes storage i get beautiful natural looking toning. So i resubmit these coins to the grading services so i can resubmit them to get the same grade with color so i can turn around and sell for many multiples of cost. Is that natural or AT toning?
For those of you chasing rainbows and blue marvels that don't think this is going on and that all coin docktering is being done with easy bake ovens, i would say think again!!! Just my opionion, barberlover
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You make a very interesting point. I do not collect rainbow toned coins so I have no dog in this fight. I believe you are trying to differentiate between intentional toning vs unintentional toning. Intentional toning will eventually burst the bubble on this market. With prices this high it will not be long before science will find a way to duplicate unintentional toning to the point where it will be undetectable. After all, toning is nothing more than chemistry in action. All chemical reactions can be duplicated.
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Since the Mint didn't issue Morgans in Dansco Albums or coin envelopes I don't consider it original toning in the purist sense. OTOH it's not AT, it's just another form of toning. You can call it original album tone if you like.
You're not going to get killer prices for the Morgans you tone in your coin envelopes anyway because that kind of toning sells for considerably less than bag toned Morgans, which are as original as you can get.
In a couple of years there will be very little change, it will be more like a couple of decades to get any real color except maybe a little brownish gold which carries no premium to speak of.
Because I'm such a nice guy and am concerned about my fellow man, please PM me with details/pics of what you'd like to liquidate. Trust me, even offering you 10% of their current value is doing you a huge favor because when the market crashes, it will be ugly.
Do it, for the children.
GSAGUY
Good question. I believe that the artificial toning everyone is talking about either comes from chemicals, or speeding up the same process mother nature does. Fortunately, mother nature takes her time and does it right, whereas speeding up the same process tends to make the colors too abrupt and finite. They ( AT colors )
do not blend or flow as they should.
Natural toning can occur via many ways. Original bag tone, old time album tone, mint set tone, coin cabinet tone, and a variety of others take time. Man cannot speed this up.
njcoincrank
So i guess i'll just have to pass on the monster toned 81 s morgans selling for 500-1500 bucks in 65 and leave all the profits for you!!!
I'm not saying they are not pretty, but i just don't think there a great value at those prices [my opionion only] but if i owned them already, considering what they are bringing, I wouldn't sell them for 10 cents on the dollar, I'd sell half on ebay and keep half to enjoy incase your right!!!
After 20+ years in the oil industry, one thing I learned was that I couldn't predict the future. Every time I told a banker I was confident in the market for the next 18-24 months, I'd end up with egg on my face.
You're not wrong, you're not right, you're just expressing your opinion and that's what this forum is all about.
I think the 'meat' of my post is that if you collect what you love and you do it for the enjoyment of the coins (as opposed to a pure profit motive) then it doesn't matter what the market does. And I do love monster toned Morgans.
GSAGUY
P.S. I do like that hedging strategy you suggest.