I think it is quite attractive, and better than the picture--rainbow on the bottom of the obverse; endroll on the reverse... I think it'll be more green with better lustre than the picture shows...
That just doesn't seem right. But you see enough of these super high priced toners that it no longer raises an eyebrow. Probably pocket change for someone.
Nice, original toning *may* be worth a premium, but not 20x the value of a white coin, IMO. Yikes. I never thought I'd see the day an MS-61 1922-P Peace dollar hit $100, let alone over $300.
While I too like the toning -- this price does seem even a bit ridiculous to me. Since I specialize in toned Peace $ I've seen prices across the Board for these coins. From $29 on Ebay for better grades, lesser toning to even nicely toned AU Peace $ that bring strong money. However, the most I'd be willing to go on this one is probably $100 or so. I do think Jeremy's right that coin will look even better in hand.
To me, it has always been a determination as to the TYPE of toning. It is all subjective, but any frenzy over toned coins just for the sake of any coloration, hopefully is over. There will always be a strong market for well-toned beauties.
I think people get too hung up on multiples. People pay 10x for an MS70 vs. MS69, but if you pay 10x for a lovely toned coin, you're crazy. To non-collectors, we're all crazy since we'll spend $1000 on a $1 coin--that's 1000x it's "value" (that is, it's value to non-collectors). In the same way, that toned coin that's worth $1000 to a collector of toned coins is worth $50 to someone who doesn't collect them. Heck, if people will pay millions for a canvas that's painted solid blue ("art"), I think toning lovers are downright sane paying a few thou for some, essentially, colorful rust.
I heard they were making a French version of Medal of Honor. I wonder how many hotkeys it'll have for "surrender."
Comments
Thanks
Michael
$340+ ? Pass....
Dave
That's crazy.
Tom
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
David
Michael
Ken
Dave
1926-S Toned Peace Dollar NGC MS62
Photos of the 2006 Boston Massacre
(I don't know how Teletrade works)
<< <i>Ken - Are you walking about that '41 PCGS MS66 FB Merc? Wasn't me...
Dave >>
Thats the one. It got up there a little high I thought. JrGman was the guy....
Ken
<< <i>but not 20x the value of a white coin >>
I think people get too hung up on multiples. People pay 10x for an MS70 vs. MS69, but if you pay 10x for a lovely toned coin, you're crazy. To non-collectors, we're all crazy since we'll spend $1000 on a $1 coin--that's 1000x it's "value" (that is, it's value to non-collectors). In the same way, that toned coin that's worth $1000 to a collector of toned coins is worth $50 to someone who doesn't collect them. Heck, if people will pay millions for a canvas that's painted solid blue ("art"), I think toning lovers are downright sane paying a few thou for some, essentially, colorful rust.
This thread was about an average toned Peace dollar that had huge bids in a Teletrade auction. Now it reads "Not sold"
Could someone, perhaps one of the original posters, comment on what this might mean on Teletrade before I
Thanks
Guess the toning craze ain't over...
"Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."
~Wayne
Now, all I want to know is how it could be "not sold"