Here's One for Thought...
CoinHunter2003
Posts: 498
Last year I bought a handful of Morgan Dollars - 1884 O - ANACS MS 63 for about $18.00 a piece.
Now I see toned 1884 O's going as high as $100.00. Are you telling me that just because a coin
has "natural aging" it goes up $80.00 in value? This whole "toned coin" business is running wild
and has spawned such crooks as "Tone coin" & associates. So it's aged - so what. MS 63 is MS 63.
Alex
Now I see toned 1884 O's going as high as $100.00. Are you telling me that just because a coin
has "natural aging" it goes up $80.00 in value? This whole "toned coin" business is running wild
and has spawned such crooks as "Tone coin" & associates. So it's aged - so what. MS 63 is MS 63.
Alex
Alex in Alaska
Collecting Morgans in Any Grade
Collecting Morgans in Any Grade
0
Comments
Just my eversohumble opinion.
Cheers,
Bob
Blast white 4ever!!!!
Dennis
Like VOC Numismatics on facebook
Buy coins with blazing luster, and some day when the market is saturated with AT junk everyone will jump back on the white bandwagon and you'll make millions.
Until then, just watch and shake your head.
It can.
<< <i>Coins do not age >>
Are coins magic?
At a recent coin show I saw a spectacular killer Frankie that was beautifully toned beyond words in a PCGS 65FBL holder. The price tag
was $700. Trends had it listed at $250. I really wanted it but wasn't willing to pay that much of a premium for the color.
Great transactions with oih82w8, JasonGaming, Moose1913.
<< <i>(most deleted) So it's aged - so what. MS 63 is MS 63.
Alex
Alex, it isn't necessarily that it has aged, rather, how it has aged.....would you rather have Dr Ruth or Morgan Fairchild? Both have aged, but one is sure better than the other
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
More accurately, coins do not change as they get older unless exposed to an environmental hazard like hydrogen sulfide.
Russ, NCNE
<< <i>OutHaul...Now that was a good one!!!! >>
dlimb2...I strive for perfection
I think your mind is in the gutter.
Russ, NCNE
It can, but not just because it is toned, but because the toning is very attractive. Most toning do not reach this level. In some cases, the attractiveness of the toning is highly desirable, and the cost can be exccesive in the eyes of some. Most toned coins, however, including dare I saw most advertised as "rainbow toned" and other superlatives are not even in the same ball park as the truly spectacular toned coins that bring the relatively big $$$.
I buy and have some of the latter coins. Occassionally at shows I am offered "attractive toned" coins, but more often than not they are just the run of the mill toned coins that bring no premium, or in some cases actaully are a negative, and bring a bit less because of the toning. Some are attractive, and worth a small premium. So that people understand what a spectacular toned coins actaully looks like, I have samples on hand to demonstrate what I'm talking about when I say I want to buy spectacular toned coins. For those that have never actually seen a truly spectacular toned coined, the reaction is always WOW, often followed by "that is the prettiest ... coin I've ever seen". Many then say can I buy it, and for some, the price seems to be a secondary consideration, they just want to own the coin.
About $60,000 worth of toning
<< <i>Welllllll...it seems that there are more people hung up on eye appeal than a technical grade. So much so, that they'll pay many, many, many multiples of a coins value simply because of the pretty colors. Don't get me wrong, I like toned coins (NT that is), and I even paid a premium for one once. But, some of the prices are totally stupid. >>
Ken