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That's it! Color on coins is just going wacky! I'm gonna start collecting gold only.

Stupid price for a common coin that just happens to be toned.

Most coins with great color are commanding unreal prices. I can't imagine why this trend is starting to occur. I don't even want to compete with it any more.

Gold is good! Most coins go for a fair market value. I like the look of eagles and double eagles. I'm officially a gold collector now.

Comments

  • MrEurekaMrEureka Posts: 24,413 ✭✭✭✭✭
    Enjoy.
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • Somehow I doubt the bid on the quarter is the result of the color!! Gold is great though-----IF it's originally toned and not messed with, dipped and puttied, or smoked to hide the stripped surface. Or do you mean bullion at face?image
    morgannut2
  • michaelmichael Posts: 9,524 ✭✭✭
    oh my

    my my my my my my my my my my my my my my my my my
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,572 ✭✭✭✭✭
    Toning .... it's just like eye shadow and blush....it makes an otherwise plain thing look desireable.
    I guess image just give me natural mint state and one of the Lee sisters. I don't care which, Home or Ug and she can leave the make up off....so long as there is beer.

    LOL

    just kidding folks..... I don't like beer.
  • RussRuss Posts: 48,514 ✭✭✭
    That's an insane price for that coin. The color isn't even all that nice.

    Russ, NCNE
  • BochimanBochiman Posts: 25,556 ✭✭✭✭✭


    << <i>That's an insane price for that coin. The color isn't even all that nice.

    Russ, NCNE >>



    That's exactly what I was thinking when I saw it....

    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

  • bestclser1bestclser1 Posts: 5,566 ✭✭✭
    That color does nothing for me either.image
    Great coins are not cheap,and cheap coins are not great!


  • << <i>That color does nothing for me either.image >>




    Yes I think even us toning fanatics are scratching our head at that one........I might pay a 20% to 30% markup for that toning but I wouldn't pay multiples of anything for it ???? image
  • BillJonesBillJones Posts: 34,773 ✭✭✭✭✭
    Sorry to burst your bubble, but the toning craze could get to gold too. Sometimes the copper in the gold alloy tones in such a way to give the coin a wonderful look. It does not happen often, but if people start paying for it, the coin doctors will try to reproduce it.

    I've seen some puddied gold coins that had the look for a while before they turned. Maybe that process will be the ticket to producing AT for gold coins.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • kiyotekiyote Posts: 5,588 ✭✭✭✭✭
    Instead of bashing it, let's find ways to profit from it, like gototoning did! image
    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.


  • << <i>Stupid price for a common coin that just happens to be toned.

    Most coins with great color are commanding unreal prices. I can't imagine why this trend is starting to occur. I don't even want to compete with it any more.

    Gold is good! Most coins go for a fair market value. I like the look of eagles and double eagles. I'm officially a gold collector now. >>



    I'm with you.. I rarely like color unless it's on AU busties and some buffalos.
    Either write something worth reading or do something worth writing about. -Benjamin Franklin-
  • Who spille the coffee on George.........................???????????
    ......Larry........image
  • If you want to see an expensive coin because it's toned, take a look at the ANR Sale, lot 1147. I'd have trouble bidding more than $7,500 (assuming non-broke conditions), for an 1880-S Morgan, no matter how pretty/high grade. But the quarter is pretty--maybe $50????? Who but 2 good "friends" could bid $1000 on a coin with a $42 and lower price history?? Is it a SMS or something?? imageimage
    morgannut2
  • MyqqyMyqqy Posts: 9,777
    What would be a fair market price for a that quarter without any toning?
    My style is impetuous, my defense is impregnable !
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>If you want to see an expensive coin because it's toned, take a look at the ANR Sale, lot 1147. >>



    It's currently at $11,500 and is going to bring a lot more by the time it closes.



    << <i>What would be a fair market price for a that quarter without any toning? >>



    About $15. PR68 1964 Washington quarters are common as dirt.

    Russ, NCNE


  • << <i>That's an insane price for that coin. The color isn't even all that nice.

    Russ, NCNE >>




    O'mygosh, I agree w/Russ!

    Megabuck$ for boooner toners is insanity, IMO.


  • << <i>Gold is great though-----IF it's originally toned and not messed with, dipped and puttied, or smoked to hide the stripped surface. Or do you mean bullion at face? >>



    I think that I'll finish my collection of Indian Eagles, all dates and mint marks minus the '33 and some of the more expensive '07 varieties. I'll also collect Liberty Head double eagles in the ms64 range and a nice better date St Gaudens or two.
  • rainbowroosierainbowroosie Posts: 4,875 ✭✭✭✭
    A 1919 penny is common, what would you pay for a MS 68 red? or a Ms 69 red??? Or Action Comics #1??? It depends on what fascinates you...I like -- make that love -- color and I pay what nearly all of you consider obscene money to get the coins I want...maybe I'll bump that 64 Quarter?imageimageimage
    "You keep your 1804 dollar and 1822 half eagle -- give me rainbow roosies in MS68."
    rainbowroosie April 1, 2003
  • fcfc Posts: 12,793 ✭✭✭
    with that kind of money i could buy a rare coin!
  • michaelmichael Posts: 9,524 ✭✭✭
    oh i think this modern wash quarter is a cool beautiful coin as everyone is going gaga over these coins

    it might sell for more thAN 10000

    more power to all you collectyors of such usa coinage


    image

  • Don't think the buyer will see a good ROI when it comes time to sell that one...
  • LongacreLongacre Posts: 16,717 ✭✭✭
    That's insanity.
    Always took candy from strangers
    Didn't wanna get me no trade
    Never want to be like papa
    Working for the boss every night and day
    --"Happy", by the Rolling Stones (1972)
  • HadleydogHadleydog Posts: 1,588 ✭✭✭
    The color on that piece should carry little or no premium.

  • robertprrobertpr Posts: 6,862 ✭✭✭


    << <i>Don't think the buyer will see a good ROI when it comes time to sell that one... >>



    I agree with you on that one. If someone wants to pay stoopid money then more power to them, but it's like going to Vegas...you wouldn't want to spend the rent money 'cuz the winning bidder is never gonna see that money ever again. JMHO
  • LakesammmanLakesammman Posts: 17,455 ✭✭✭✭✭
    If your a old cameo proof guy, can you afford gold??
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • Booooner toner insanity IMO!


  • << <i>If your a old cameo proof guy, can you afford gold?? >>



    Only if I save up and buy only one coin a year.image;D

    I actually like MS gold with lots of cartwheel luster and nice greenish- orange original surfaces.
  • uofa1285uofa1285 Posts: 2,252 ✭✭


    << <i>Sorry to burst your bubble, but the toning craze could get to gold too. Sometimes the copper in the gold alloy tones in such a way to give the coin a wonderful look. >>



    Speaking of that...

    image

    Okay, here is an AMAZING example of a True Rainbow Gold Saint (and I own it)!

    eBay Auction Link

    Note: that the Village Photos site is down so I cannot post these pictures without referring to the eBay Auction. I am not trying to spam or sell on the forum - just sharing this wonderful coin with you. IF anyone wants to copy the pics for me in another post, I will remove the auction link right away! Thanks! Doug
    Visit my eBay Store to see my (mostly) overpriced Rainbow Toned PCGS/NGC coins! IshopCoinShows4You
  • FullStrikeFullStrike Posts: 4,353 ✭✭✭
    If the US Mint would start AT'ing all their new issue Coinage we could get paid in valuable Coins. Also it would save money by eliminating all paper currency. A toned Sacky could take the place of the $100 bill and so on.

    A really nice State Quarter with especially mind-bending colors might replace your entire paycheck.
  • mozinmozin Posts: 8,755 ✭✭✭
    A washington quarter going for 50 time the going rate, just for toning. This is crazy!image
    I collect Capped Bust series by variety in PCGS AU/MS grades.
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    The thought of untoned gold does have its benefits. And it does have some advantanges over other metals....that has not been lost on me as well.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • RYKRYK Posts: 35,799 ✭✭✭✭✭
  • BillJonesBillJones Posts: 34,773 ✭✭✭✭✭


    << <i>Instead of bashing it, let's find ways to profit from it, like gototoning did! image >>



    And it would also be nice if some of you fellows would think about the good of the hobby now and then instead of just profits. Insane prices like this for what appears to be a fairly nice, but not "ga-ga," extremely common date, toned Washington quarter are going to bite some people in the ass before this is over.

    You people think that there is no end to this foolishness, but there is. I've been collecting since 1960, and I've seen four major corrections in that time. A couple of them looked like the stock market crash of 1929. When you notice that prices are headed south it's too late. All you can do is watch the rollercoater go down. If you are lucky you might be able to sell before it hits bottom. If not, you lose most all of your investment.

    Here's an example. In 1979 some friends of mine, who were in the coin business, bought a 1910 original Proof set for $21,000 at the height of the market. (To put things in context, you could buy a nice car in those days for $10,000) This was a high quality item with choice original coins (There were no slabs in those days). Then the bubble burst. They were able to bail out at $14,000. Before it was over, the set was down to $5,000. These were REAL coins with some rarity (going by the mintage no more than 896 sets possible, far, far fewer original sets.) Yet these guys lost a bundle because they bought at the height of the market.

    Can you image what will happen to you if pay a 5-figure price for a coin that is as common as dirt?

    OK now you can begin with the personal attacks and tell me how stupid I am. image
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • RYKRYK Posts: 35,799 ✭✭✭✭✭
    OK now you can begin with the personal attacks and tell me how stupid I am. image

    Gee, Bill, when you put it like that, it takes the fun out of calling you stupid. image

    Actually, I agree with your point. Call me "stupid", too. image
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,572 ✭✭✭✭✭
    Well Bill Jones, in my opinion, which is has little weight in most circles, I have found you to be very intelligent, an excellent communicator, brilliant numismatist and all 'round informative guy.

    Just FYI.

    image

    Joe Pflug
  • BillJonesBillJones Posts: 34,773 ✭✭✭✭✭


    << <i>OK now you can begin with the personal attacks and tell me how stupid I am. image

    Gee, Bill, when you put it like that, it takes the fun out of calling you stupid. image

    Actually, I agree with your point. Call me "stupid", too. image >>



    I've gotten used to it, so I challenge the critics to come in and start flailing away. Sometimes it’s fun. A couple of weeks ago one critic called me “naïve” and poorly informed because I dumped on that “monster toned” Peace dollar that turned out to be AT.

    I didn’t call it AT, but I did call it a $40, MS-64 grade coin with $3,000 worth of color in an MS-66 holder. That was close enough.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭
    There can't be enough said about how STUPID it is to pay this kind of money for a common as dirt coin. This won't deter(sp) me from my collecting persuit of nice coins.

    This reminds me of a Walker I saw at a show a while back. It was a 1946 in 64. A 50 dollar coin. It had some nice tone and the dealer had
    800 dollars marked on the back for it. I handed it to hime and asked if that was a mistake. He said no. I laughed at him and walked off after I told him only an idiot would pay that. I have often wondered where that coin is today.

    Now I know. The guy bidding on this rare quarter has it.

    STUPID STUPID STUPID !!!!!!!!!!!!!
  • jmj3esqjmj3esq Posts: 5,421
    Since when does gold not tone? I have a 2000 1/10 OZ $5 Gold Eagle that is toned on the edges of the obverse and reverse. Its in a PCGS slab so im guessing its NT.
  • BillJonesBillJones Posts: 34,773 ✭✭✭✭✭
    Under normal circumstances, gold does not tone. It's the copper in the gold coin alloy that tones.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • fcfc Posts: 12,793 ✭✭✭
    or there is contamination on the gold coin reflecting and
    absorbing the light in a unique way. your eyes see "colors".

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