Gorgeous toning... What % above sheet do you go? ...or have you gone???

dizzyfoxx

I know this question is a bit lacking details, but if you see a coin that you want that has amazingly attractive toning, what is your % cap on average that you would pay above standard sheet prices for the same given coin?

ziggy29

I don't pay a premium for toning per se but for attractive original surfaces. Having said that, I rarely pay a huge premium for colorful toning but I will occasionally bid 30-50% over sheet for something I really like. The problem is that other people usually "really like" it a little more.

sleeper

As a dealer as well as being a collector still my view of paying over sheet is pretty sqewed. I have paid as much as 50 times greysheet roll bid for a single more modern coin. Thats easy to do for a gemmy lincoln cent with incredible color. Harder to do for a coin that is hundreds of dollars to start with. For more expensive coins the most i ever paid was maybe 5x bid for a sweet 58 mint set that i just had to have.

Andrew

RYK

There is no price that is too high to pay for a beautifully toned coin.

techeff

I think I paid over 50% for this one...

Russ

I once paid $170 for an 1879-S NGC MS64 Morgan. That's something like 3x Ask.

Russ, NCNE

dizzyfoxx

<< <i>There is no price that is too high to pay for a beautifully toned coin. >>



Believe it or not, I have grown to disagree wholeheartedly... Big time!

airplanenut

It very much depends on the coin--there's no "cap" per se. I paid well over MS64 money for this beauty, and it's only a 63. That said, a few 1000% is usually the limit...

lordmarcovan

No more than about 10%.

Needless to say, I am often priced out of the market for attractively toned coins, since I am not willing to pay a premium of several hundred percent for them like so many folks are.

cullenbryant

<< <i>Needless to say, I am often priced out of the market for attractively toned coins, since I am not willing to pay a premium of several hundred percent for them like so many folks are. >>

jayboxx

What kind of crazy person would pay above sheet?

DorkGirl

<< <i>

<< <i>There is no price that is too high to pay for a beautifully toned coin. >>



Believe it or not, I have grown to disagree wholeheartedly... Big time! >>



I would really like to hear "the rest of the story".

BillyMadison

Nice, but out of my leauge

If the toning is right, I can almost be sold on anything.

coinut1799

How about $69,000 that was paid for a gorgeous toned Oregon Trail commemorative a few years ago. Or, a bit more down to earth, how about $850 that I paid for an MS-64 1881-S Morgan with super colors. That coin "sheets" for $50, so I paid 17 times sheet. Oh, the coin was given the * designation by NGC, and I love looking at the coin. Who knows what it will sell for someday.

lablover

Sheet? What's sheet? Never look at it, whatever it is.

AnkurJ

This is one of the first coins I ever purchaesd at a show. It was in a SEGS holder and grade 64. I liked the color on it, and I was seeing some very very high prices at the show on toned Morgans. This one was priced at $350, and I was able to get it for $300. I sent the coin to NGC and they graded is 63*. To this day, it is my favorite coin, and I dont care that I paid well over guide for it!



Edit to say: this is the best picture I could get to capture all the colors.

Ankur

CarlWohlforth

I wanted this one:



The sheet wasn't a guide for pricing that one. I feel that Dizzy has had a change of heart. Let us do hear more about it!

stman

<< <i>

<< <i>There is no price that is too high to pay for a beautifully toned coin. >>



Believe it or not, I have grown to disagree wholeheartedly... Big time! >>



WOW Dizzy, and here we have been listening to you preach how undervalued and NT all these wild toners are.
I been following your lead and now you're gonna bail on me?

dizzyfoxx

<< <i>

<< <i>

<< <i>There is no price that is too high to pay for a beautifully toned coin. >>



Believe it or not, I have grown to disagree wholeheartedly... Big time! >>



WOW Dizzy, and here we have been listening to you preach how undervalued and NT all these wild toners are.
I been following your lead and now you're gonna bail on me? >>



Steve, not bailing, just shifting direction. I am concentrating more on coins that have substantial historical numismatic appeal based on the actual coins themselves and not on coins that are worth 'x' in standard 'white' condition and 5 times 'x' because they have colorful toning, for example.
Even though I do indeed like the eye appeal of a beautifully toned coin, I think they are somewhat of a 'novelty'. Admittedly, I am also doubting myself at times when looking at outrageous toning (on some coins) and wondering just how 'real' it truly is (with time, will come better wisdom). Like many collectors over time, I am simply and slowly evolving from one aspect of the hobby to another and am really learning to better appreciate a nice coin with original surface luster, and perhaps just traces of color.

AU58WALKERS

oh noooo

stman

<< <i>Admittedly, I am also doubting myself at times when looking at outrageous toning (on some coins) and wondering just how 'real' it truly is (with time, will come better wisdom). >>



Atta Boy You do know some of the dealers aren't gonna love you as much now don't you? You question their coins.... No love for you.

AU58WALKERS

what is this place coming to?
hammering the slabs to free the coins.
loss of love for over priced color.
real love for original surfaces.
my oh my

Dave99B

For colorfully toned Seated and Standing Liberty quarters I've gone to almost 3x several times. It's painful, but I've never regretted doing so.

Dave

bestclser1

Dizzy,Everyone has a different definition for gorgeous.The jaw droppers in 65 and higher can go for 50x sheet,but they are truly VERY few and far between.JMO

dizzyfoxx

<< <i>Dizzy,Everyone has a different definition for gorgeous.The jaw droppers in 65 and higher can go for 50x sheet,but they are truly VERY few and far between.JMO >>



Lloyd. My definition can be described as one particular BC Morgan in emerald greens and cranberry textiles.

I showed it to some dealers in Santa Clara and the response was, "Wow!!! This is definitely one of the nicer ones"!

bestclser1

<< <i>

<< <i>Dizzy,Everyone has a different definition for gorgeous.The jaw droppers in 65 and higher can go for 50x sheet,but they are truly VERY few and far between.JMO >>



Lloyd. My definition can be described as one particular BC Morgan in emerald greens and cranberry textiles.

I showed it to some dealers in Santa Clara and the response was, "Wow!!! This is definitely one of the nicer ones"! >>

Yes it is.

PerryHall

<< <i>I wanted this one:



The sheet wasn't a guide for pricing that one. I feel that Dizzy has had a change of heart. Let us do hear more about it! >>



I'm surprised they didn't body bag this coin because of the staple scratch. What grade did they give it? I do like the toning. Nice.

poorguy

The more expensive a coin is without color, the less of a % over sheet I will pay for it, if at sheet level at all depending on if it's PCGS or NGC. Some coins such as Common date morgans in MS63-MS66 have their own pricing scale for color.

Russ

<< <i><< Admittedly, I am also doubting myself at times when looking at outrageous toning (on some coins) and wondering just how 'real' it truly is (with time, will come better wisdom). >>

Atta Boy You do know some of the dealers aren't gonna love you as much now don't you? >>



That's because they'll be missing their yacht payments.

Russ, NCNE

Cladiator

I paid nearly 200% over list for this one.

Barndog

<< <i>I paid nearly 200% over list for this one.

>>



smoeone got ripped on that one, geez!

mrcommem

I think I paid over 100% for this coin. The toning is nice and transparent and does impair the lustre of the coin.

Doogy

<< <i>No more than about 10%.

Needless to say, I am often priced out of the market for attractively toned coins, since I am not willing to pay a premium of several hundred percent for them like so many folks are. >>




Ditto! I won't pay more than say 5 or 10 percent over its book value.

Doogy

also, in a lot of cases, I think "beautiful" toning detracts from the design of the coin. Sorta like taking the statue of David, and putting a colorful polyester leisure suit on it.

mozin

I might pay 50% more for a very nicely toned coin over a still lustrous dipped coin.

CarlWohlforth

PerryHall: <<I'm surprised they didn't body bag this coin because of the staple scratch. What grade did they give it? I do like the toning. Nice.>>

I don't remember exactly. It was NGC and had a star. I think it was 64*. That isn't a staple scratch, it is just a gash. NGC has no problem with staple scratches BTW. I have a seated dime, otherwise gem, that has staple scratches and they gave it a 63. I sent it back for grade review and they said they were fine with the grade.

DennisH

I'm not a toning guy and I think the premiums paid for some of them are... well, never mind.

The biggest premium I have ever bid for one is 100% over Grey Sheet. I think it wound up selling for about 1500% over sheet.