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When did the TONING craze take off?

ERER Posts: 7,345
I know toning has been around for awhile now, but IMO, the hype and the craze really started to take off after the toned coins from the Binion hoard were released a year or two ago. What do you think?

Also, NT or AT doesn't matter to me. If it's beautiful, then it's beautiful, as long as it's not PAINTED on.

Comments

  • coinguy1coinguy1 Posts: 13,484 ✭✭✭
    ER, I think that some premiums for wildly toned coins have increased over the past few years. But, we also hear more about it than we used to, as the news is publicized/circulated more quickly and widely.

    I was paying hefty multiples for really pretty toned coins, 20 years ago, well before PCGS and NGC were in business. I wasn't alone in my buying habits and, while I'm no spring chicken, there were others doing the same, long before me.
  • CLASSICSCLASSICS Posts: 1,164 ✭✭
    i didnt start the tone collecting craze.......however, when i started to collect them back in the late 1950,s and early 1960,s...no one wanted them......people looked at you like there was something wrong with you, everone wanted...white coins.........thousands were cleaned, dipped, and ruined.....come to think of it there was something wrong with me, i didnt buy all i could get my hands on.
  • foodudefoodude Posts: 3,575 ✭✭✭
    I've been a fan, and sought exceptional toned coins for years. I found many dealers often did not have them in their cases, however. Some of my most stunningly toned coins were behind the counter and only came out if the dealer knew you, or understood that you would appareciate what they had. Surprisingly I did not always pay a premium for these toned coins! Most of them are in now PCGS or NGC holders and grade MS65. They include Franklins (of course), a BTW, dollars, Buffalos, a Walker, Mercs, and Jeffersons.
    Greg Allen Coins, LLC Show Schedule: https://forums.collectors.com/discussion/573044/our-show-schedule-updated-10-2-16 Authorized dealer for NGC, PCGS, CAC, and QA. Member of PNG, RTT (Founding Platinum Member), FUN, MSNS, and NCBA (formerly ICTA); Life Member of ANA and CSNS. NCBA Board member. "GA3" on CCE.
  • braddickbraddick Posts: 24,223 ✭✭✭✭✭
    Ron, and therein lies the rub.
    So many color coins were destroyed when their colors were dipped off. Had that not been the case these would not be as scarce (if 'scarce' is really the word to use-).

    I think of a "craze" as having a beginning and and end. I don't see an end coming for the love of attractively toned coins. The prices may stablize for awhile, but the seeking of these coins will always remain popular.
    After all, what's the alternative?

    peacockcoins

  • TootawlTootawl Posts: 5,877 ✭✭✭
    You will never see me buy toned coins....unless to dip them to get all that crud off.
    PCGS Currency: HOF 2013, Best Low Ball Set 2009-2014, 2016, 2018. Appreciation Award 2015, Best Showcase 2018, Numerous others.
  • coinkatcoinkat Posts: 23,465 ✭✭✭✭✭
    Toned coins have always had a loyal following... wildly toned coins have what I would call a cult following (I don't mean than in a negative way...) its just that the prices seem to be out of hand. I'll just be happy with original coins. Its been around for as long as I have been collecting...

    Experience the World through Numismatics...it's more than you can imagine.

  • Maybe in low grades but I think just the reverse.. (pun). at least in high end Peace dollars. There just isn't the "premium" there. You can find several right now on ebay that are toned that are selling less than blast white examples.......
  • FrattLawFrattLaw Posts: 3,290 ✭✭
    Peaceman --- oh, yeah, where? Are you talking common dates, questionably toned coins or true monsters. I pay a huge premium for monster toned Peaces. I also know someone who paid over $4000 for a 34-D MS65 that is unquestionably one of the most unique Peaces I have ever seen.

    Find me all the MS65 & MS66 (PCGS & NGC) monster toned Peaces that are selling for less then graysheet and I will buy each and everyone. image

    Michael
  • braddickbraddick Posts: 24,223 ✭✭✭✭✭
    Michael, You're both right. You pay a premium for wonderfully toned, wholesome and REAL colored Peace dollars (in GEM). I believe he may be speaking of a run of Peace dollars on eBay right now that are questionable (at best) to some as to the color. They're raw too. Those wouldn't (or shouldn't) carry any premium.

    peacockcoins

  • Got a '99 proof set that has a Jeff that's about 30% brown around the edges. Wasn't that way when I initially received it. The Staties are starting to look a little wierd too. The mint had a recall on '99s about a year ago and I didn't take advantage. How many were returned? How many are still out there? Should I slab my set now or wait for the "browning" to turn a different color?
  • Michael, Just go to ebay and type in PCGS for Peace dollars. EVERY high end coin that is toned is way under market value....
  • stmanstman Posts: 11,352 ✭✭✭✭✭
    Baseball, I didn't click on the link.... but I know about ArtR's Peace$. Not only will you Never see something like his on eBay, but it's probably the best by far that you will ever see. JMO

    Edit to add... the best you will probably ever see as far as high grade and being toned natural.
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • Baseball, made the mistake of clicking on your link and found ugly coins and popups.

    "Reel me in"
  • FrattLawFrattLaw Posts: 3,290 ✭✭
    Not a great pic, but the luster is booming and the rainbow and golden toning just covers the obverse of this coin!

    Find me these for under gray!

    image

    Michael
  • FrattLawFrattLaw Posts: 3,290 ✭✭
    Well PCGS and NGC both disagree with you. So I'm happy with it. image

    By the way, if you find others like this, obviously AT, pastel rainbowed toned in either PCGS or NGC holders please point them out. I'd be happy to buy them.

    Michael
  • foodudefoodude Posts: 3,575 ✭✭✭
    The two toned coins in baseball's link are the right colors for NT. Although there a quite a number of Morgans with Ga Ga toning. Peace dollars with exceptional toning are very uncommon (some may say rare).
    Greg Allen Coins, LLC Show Schedule: https://forums.collectors.com/discussion/573044/our-show-schedule-updated-10-2-16 Authorized dealer for NGC, PCGS, CAC, and QA. Member of PNG, RTT (Founding Platinum Member), FUN, MSNS, and NCBA (formerly ICTA); Life Member of ANA and CSNS. NCBA Board member. "GA3" on CCE.
  • ANACONDAANACONDA Posts: 4,692
    Wildly toned coins took off when eBay started becoming the preeminent venue for the selling of coins.

    It didn't hurt that a few people learned how to image coins along the way and were able to show off the beauty of the very best of the
    very best.

    People could see the difference and good money always pushes out bad.

    adrian
  • michaelmichael Posts: 9,524 ✭✭
    coinguy1

    summed it up 100% correctly

    read and reread his post over and over as it is the best answer in words i have ever seen


    sincerely michael
  • IwogIwog Posts: 1,089 ✭✭✭
    He's correct in that toned coins have had a premium for about 20 years. Prior to around 1980 however, toned coins were considered undesirable and did NOT demand a premium. In fact there were very few toned coins around since most were dipped white.

    If you care to go back to the 50's and 60's you would find that toned coins were almost a sign of a neglected collection. Old time collectors that I've talked to used to tell me they wouldn't tolerate a "dirty" coin in their inventory, and did whatever was required to clean them. This was also when thousands of steel cents were processed to stop the rust problems, and they were widely accepted.
    "...reality has a well-known liberal bias." -- Stephen Colbert
  • islemanguislemangu Posts: 1,391 ✭✭✭
    Was Arts peace the reverse 22-d or was the link off? The best toned Peace I ever saw was Adrians 21 obverse about 2 ago maybe?
    The setting up of other roads
    To travel on in old accustomed ways
    I still remember the talks by the water
    The proud sons and daughter
    That knew the knowledge of the land
    Spoke to me in sweet accustomed ways
  • HigashiyamaHigashiyama Posts: 2,203 ✭✭✭✭✭
    Going back to the early 1970s, there were plenty of coins around that had either "original" or attractive toning.

    I think the prevalence of dipping varied by series. Certainly by the early 1970s, serious collectors knew to leave 19th century coins alone. Commemoratives were taking a beating, which helps to explain why so many now are either dipped out, or a bit too pale, or somewhat blandly retoned.
    Higashiyama
  • Colors on Frats Peace does look a little off, even PCGS can not catch them all-AT's. Even , if not, with all the doctor's out there I'm sure some of his Peace $$'s are AT. Just for that reason, think you're taking a bigf chance buying these things. Most Franklins I see have collor, but mixed in with what looks like rust... Don't want rusty coins in my collrection.
    PCGS sets under The Thomas Collections. Modern Commemoratives @ NGC under "One Coin at a Time". USMC Active 1966 thru 1970" The real War.
  • MacCoinMacCoin Posts: 2,544 ✭✭
    I love to look at toned coins but I don't have any in my collection. I am focused on completing sets I have started right now. but I am always looking for nice tomed coin that would go with what I am collecting.
    image


    I hate it when you see my post before I can edit the spelling.

    Always looking for nice type coins

    my local dealer

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