Poll: Current values and prices realized for heavily toned with high eye-appeal coins

dizzyfoxx

Please elaborate on your thoughts and opinions?

michael

it all depends on the coin and series

some are justified and actually quite low or in other words are value opportunity buys

while others are simply way too much money in fact if they came down 50% in price they are still way too much money

HighRelief

Toned coin buyers can be very different in what they think a nice toned coin should look like. Some buyer might look at a toned coin and say it is worth $6,000.00, when another buyer wouldn't pay over $600.00 for it. It all comes down to what the tone buyer is looking for in a coin and willing to pay for it.

JJM

I think the premiums for the monsters are way too high....I collect budget type toners and enjoy them quite a bit for the money.......
a good light and a mag. glass and your all set !

roadrunner

A beautifully toned bust, barber or seated coin is bringing a strong price but still less than what they are probably worth. There are other series such as Morgans and post 1930 - 20th century silver sets where I don't see as much value. Gem, nicely toned seated material is now starting to advance in price somewhat sharply, while the average conserved material is begging for a home. You could pay 2X bid for some of this stuff and not be overpaying. But those kinds of coins show up very infrequently.

roadrunner

dizzyfoxx

<< <i>Toned coin buyers can be very different in what they think a nice toned coin should look like. Some buyer might look at a toned coin and say it is worth $6,000.00, when another buyer wouldn't pay over $600.00 for it. It all comes down to what the tone buyer is looking for in a coin and willing to pay for it. >>



Good point.

Mesquite

<< <i>Current values and realized prices are right on, even for the enormous premiums >>



This is of course correct. The market sets the price and determines the value. If people didn't believe they were worth the price, they would not purchase them.

STONE

I voted, but what do I know, I dont buy toned coins!!!

The votes might become slightly skewed or show inaccurate results.

dizzyfoxx

<< <i>

<< <i>Current values and realized prices are right on, even for the enormous premiums >>



This is of course correct. The market sets the price and determines the value. If people didn't believe they were worth the price, they would not purchase them. >>



Not sure that's necessarily correct. Auction frenzy and perceived collector status can certainly skew one's perception of realistic value.

Mesquite

I'm not sure that PT Barnam would agree with you Dizzyfoxx.

dizzyfoxx

Well so far it's about what I figured. About 80% of the vote is where I'm beginning to believe as well.