How much is color worth? (or pricing toned coins)

FrattLaw

How do you price color? This isn't meant to be a toning vs blast white debate, I am asking what would you price this coin at if you were the seller and were selling it for a fixed retail price? Does the grade matter for this coin? If so, its a 1992 PCGS MS64. Would it be less since it's only a 64? And no the coin isn't for sale and I won't be offering it to the highest bidder.

I would like to know what you would honestly sell this coin for -- not buy it for. Assume you found it in a roll and the only money you had into the coin was the slabbing fee and the bullion cost.

By the way, the pics haven't been played with. It really looks like this.




Thanks
Michael

Cladiator

tough question man.

stman

<< <i>How much is color worth? >>



Color on those are not worth anything to me. I would not sell one, nor buy one. Just my worthless opinion. They are Bullion plain and simple, and IMO shouldn't even be graded. More-so on these wild toned ones. That's my story and I'm sticking to it.

LucyBop

That coin does deserve a premium for that fabulous color...

the question is, how much?


Color coins have been hit or miss with me.....

some sell for more then I expect while others don't bring much...

I would think that coin would encourage many bidders on ebay...

ER

Worth exactly how much a certain buyer is willing to pay for a certain coin, i.e., could be anything.

FrattLaw

No one willing to put a price on it?

C'mon, everyone says its easy to be a dealer, put a price on it. I'm not asking if you like the coin or whether you would buy it or how it would it do on Ebay.

What do you think someone would be willing to pay in order maximize your profits while not pricing too high so that it sits in your inventory or too low that you get ripped on it.

Michael

Cladiator

Bullion eagle, 1 ounce of silver, MS64, super color.......$20-$25?

nederveit

I'm not a dealer, but that would command a premium at auction. I'm going $200.

coingame2000

Michael...Are you fishing for a price because you want to sell it?

Mike

greghansen

$75. The grade does matter to me. Probably up about 25% for each grading point higher.

cosmicdebris

Throw it up on eBay and find out

braddick

Truth be told your colorful silver eagle should be worth $300.00 or a bit more as the color combination is rare. MS64 will hold it back a tad as most like to see the GEM grade (MS65) or better on these (I'm guessing luster is holding this one back).

With the right photo and a few enthusiasts chasing it, $300.00 could be even a low estimate.

Very pretty! I know I'd want to own it.

sliderider

It all depends on how the coin actually looks. The coin you show is very nice and I'd probably give an extra 5-10% for a coin with nice color. If a coin looks crusty and dirty, I'd bid less for it because I'd have to dip all the gunk away, and hope that it wasn't permanently set in.

Oh, yeah, and I'd only pay the premium for an NT. If it's obvious the coin is a shake and bake or chemically treated job, I wouldn't bid at all.

nwcs

I've seen ones like that sell for around $100-$150 at local shows.

DRUNNER

I PMd earlier . . .

What sellers ask and what buyers pay sometimes wildly differ. Some auctions have had lesser examples sell for huge money, yet you can find some slab-worthy killer-toned SAEs in local shops for bullion prices when they are brought back in from dissatisfied customers who don't like the 'tarnish'.

Sales range locally for $25 - $75 but I have certainly heard of people both wanting more . . . and expecting more.

DRUNNER

FrattLaw

<< <i>Michael...Are you fishing for a price because you want to sell it? >>





<< <i>Throw it up on eBay and find out >>



No offense to anyone, but does did you guys read the original post of mine?

What I want to know is how would YOU price this coin. If all you have into the coin is $22.00 ($15 slab fee $7 bullion costs) what do you think would be the right price to sell it at if you were a retail dealer.

My hypothetical question more centers around how do dealers price coins that have great color.
So far we have prices from;

$8.00 (sliderrider)
$25.00 (cladiator)
$75.00 (drunner)
$75.00 (greghansen)
$150.00 (ncws)
$300.00 (braddick)

So far these are rather interesting results, but no where near enough responses to give some sort of median price.

Anyone else?

Michael

ms70

I'd put it on eBay for $1. That's what I did a few months back with a few nicely toned PCGS graded SAE's that I had. They went between $35 and $80.

SDCollector

I'm completely out of touch with the toned coin market, but my honest answer is $30. Now if it was something other than bullion, I would probably go much higher. For me personally, I wouldn't feel right putting a huge premium on an SAE, even with the color.

I had a set of SAE's in a Dansco for about a year and one was already starting to tone. The silver in these are so reactive, it doesn't take much. Another reason for my $30 price tag.

anablep

I would try to sell it for $75.
I do not know how common they are toned like this, but I don't think the demand is out there for SAE's the way it is for other dollars.

If this were a Seated, Morgan or Peace $, I'd guess with those colors it would sell for whatever someone is willing to pay. You wouldn't even have to put a price on it. Let the offers just roll in.

kieferscoins

$175.00

Cameron Kiefer

Bikingnut

I think it depends on the buyer. One toned coin that is a beauty to one collector, may be an ugly dud to another. I also think the term rainbow is really stretched beyond comprehension in some cases. I see that term on many auction coins, not just on ebay either, and when I look I see an ugly brown or black coin. My first thought is I've never seen a rainbow like that.

I also think it depends on the coin. The silver eagle in this thread to me is attractive, but I would have a hard time paying a premium for a modern coin such as this. If I saw this coin on ebay and the price was more than 12.00, I would probably pass it by.

Dennis

Baley

Micheal, try your post in "poll" format with price ranges, you'll likely get a nice bell shaped curve.

I'd vote for the $90-$110 option.

ziggy29

The premium value, if any, of toned coins is extremely subjective and totally depends on how an individual collector views the eye appeal of an individual piece. One person may think toning on a common coin, such as an MS-63 1923 Peace Dollar, is so spectacular that they'd pay $300-$400 for it. Another person -- even those who strongly prefer toners -- may think it's nothing special and offer little more than $50. And for a different coin in the same series and condition, those offers might be reversed.

eyoung429

I would have to agree that it looks like the tone is holding this coin back. I would be hesitant on buying it just due to it's newness......if it were a pre-clad era (not that bullion isn't worth anything) I would go higher than $100 but for the coin, colors and age....I would be on $50 firm.

But then again, I am still pretty new to all this.

fountainheadgold

$250.00 to 300.00 imho

byergo

$133

Coinerww

$100

Nysoto

How can a coin naturally tone like this in 12 years? What method of storage was used to artificially tone this coin?

joejoe2001

I have issues with paying large premiums for color. I have become attracted to nice toning though.
ASE's seem to new to devlop nice toning. I think I would pay no more than $50 if I was interested in toned ASE. Some people suggest > than $100 that seems like a lot. I started grabbing some of the canadian
silver dollars 71-73. This fills my attraction to color at a better value. At the higer premiums I would also
be unsure if it was real because coin doctors have more insentive to do their work. I know my where my cased dollars got their toning.

jom

Fratt: It's a good question I can't really answer. I've never sold one so I really don't know. I do know I'd wouldn't pay what some here would ask for it...if that means anything.

I agree with stman: I would very little for that particular coin. Frankly, I think it's AT...but hey...PCGS graded it so I guess it's "OK".

jom

coinbuf

I would not pay more than $15 for it, but I'm not on the toning bandwagon so to me this coin is not very attractive. As others have said for those who like toined coins this should bring a prem.

Chris

Russ

Toning is common on these, and even very attractive toning is somewhat common. But, that color combination is not common. The coin would easily bring $250 or better at auction. If it were high grade, say MS67 or better, I could see it bringing a grand.

Russ, NCNE

coynclecter

I've seen common MS64 Morgans bring 250+ so the premium on toning can be extreme. It's totally in the eye of the buyer and I'm not one over 50 bucks. Since its a buy/sell world I'd start high and lower as you go. I wouldn't be suprised if it brought 300+ but I also wouldn't be suprised if you couldn't get 80.

My guess is that there will be a HUGE supply of toned coins in about 5-8 years. The current premiums will not be sustained.

dorkkarl

on that ase, the color is worth at MOST a 1 dollar premium, to me. realistically, i would never pay any premium for a coin like that which tones very easily.

K S

FC57Coins

Toning on a coin has to be accompanied by blazing luster that makes the coins seem like it's on fire in my opinion. If I don't see any luster in the coin that makes me do a double take I will not pay a premium for it.

Mike - that's a nice coin, however a combination of the low grade and the apparent drab appearance (to me) would relegat this coin into the "marginal" sector of the market - meaning I probably wouldn't buy it - but if I had to - I'd pay maybe $30 for it.

Frank

UncleWiggly

Would you please put up a picture in normal size. I'll give you what I would pay. I would want to bid on it by the way it actually looks in real size to the naked eye. When blown up, you can see all the color breaks which take away from it i.e. reverse under the Eagle.


Jerry

SDCollector

<< <i> i would never pay any premium for a coin like that which tones very easily. >>



I was surprised that after just one year I had one SAE begin to tone in my Dasco album. It was a small amount of color, but it was beginning in no time at all. I would post a pic, but I sold the set to fund more type set purchases. Based on my very small sample, these tone very easily. Even with the mixed color, I think this should significantly discount the price on these.

BAJJERFAN

I would start at $500 and go down from there if need be. I have lots of ASE's but none are toned or even close to starting to tone. Thats a pretty low grade for an ASE, however for the most part grade adds no premium either IMO unless its a coin like this. You can buy 68's and 69's all day long by the roll at $7 or $8 each if you buy in quantity. No one even wants an untoned 64 unless you are gonna remelt it.

ChuckC

$1,600,000.00

magikbilly

Hi,
didn't you just write the post about how easy it is to AT slabbed coins with eggs, vinegar, a plastic bag and 12 hours? Just kidding - not accusing. Excellent post that experiement. As far as this coin - I wish I had the time to collect toned bullion. That is how I view it - toned bullion.

Best,
Billy

FrattLaw

<< <i>didn't you just write the post about how easy it is to AT slabbed coins with eggs, vinegar, a plastic bag and 12 hours? >>



This isn't one of those coins. This was purchased @ a local shop. Can't say if its real, but I didn't "play" with it at all.

Michael

tradedollarnut

My first thought on viewing the image was $300

A local dealer here has a Wayte Raymond page of these sitting on top of a light on his display case. Prettiest colors you ever did see!

FC57Coins

<< <i>My first thought on viewing the image was $300 >>




OK - just so that I'm clear on this... You're telling me that if you walked into your favorite coin dealer's showroom, and saw this coin, you would whip out $300 for it and feel good about it - is that it?

tradedollarnut

OK - just so that I'm clear on this... You're telling me that if you walked into your favorite coin dealer's showroom, and saw this coin, you would whip out $300 for it and feel good about it - is that it?

Heck no - I have no interest in anything after 1947 [WLH]. But if I were interested in it, that's about what I might be willing to pay.

FC57Coins

<< <i>OK - just so that I'm clear on this... You're telling me that if you walked into your favorite coin dealer's showroom, and saw this coin, you would whip out $300 for it and feel good about it - is that it?

Heck no - I have no interest in anything after 1947 [WLH]. But if I were interested in it, that's about what I might be willing to pay. >>




So there would have to be a hell freezing over event before this happened?

tradedollarnut

Let's put it this way:

If I ever got serious about completing my dollar denomination type set, I might want one of those. And if I wanted one of those, I wouldn't hesitate for a nano-second to plunk down $300 for one I loved vs $20 for a nice white one.

Myqqy

I think the price I would put on it would depend on what type of dealer I am. If I was a big-time dealer setting up at big national shows, I would put a $250 price tag on it- even though I personally feel it's worth about $30-$40. If I was a small, local dealer who didn't do big shows with big money around, I would price it much lower (maybe $75) so it would eventually sell.

FC57Coins

<< <i>I wouldn't hesitate for a nano-second to plunk down $300 for one I loved >>




BUT is there a difference between one you loved and this one? Would you pay $300 for this particular coin?

tradedollarnut

Sure - that was my estimation. I'd pay more for a better one. If I wanted one....

rainbowroosie

$200

FrattLaw

This is what I kinda expected -- prices all over the map. Some have priced it from $8 to $300 (forget the $1.6 million). I didn't want to do this as a poll since it really doesn't allow an explanation of why you priced it as you did.

It's rather clear, some like it, some don't and it seems as though their pricing is based upon what they personally thought of the coin. I think that's how many dealers price not only toned coins but any coin. In this instance it is rather difficult to price this coin. The colors are good, but not monster. The grade is low, so there's no sheet to turn to for pricing help.

I think a lot of dealers would get ripped on this coin if they priced it near the lower end $35-$85. I believe the coin is worth far more than that. As for the high end $250-$300 I think this coin would sit in your case for awhile until the "right" buyer came along. IMHO, a price between $125-$175 and this coin would move rather quickly.

I would love to stick it on Ebay and see what an auction would do in regards to price, but I really don't want to part with it. I personally think it's kinda cool.

By the way -- I paid $50. So I think I got it cheap.

Thanks for all the great responses. And if someone does want to pay $1.6 mil, the coin is for sale!

Michael