Sunnywood is on CoinChat Radio right now!!!! Starts at 22 minutes after the hour!!!

Goldbully

Talking about his colorful rainbow Morgan collection!!

He's good!!

When he was 9 he dipped his Dad's brown Lincolns while he was away on a business trip.

I'm sure Little Sunnywood meant well.

Link

Just heard that Douglas Kurz is taking his Sunnywood collection to Long Beach too.

FatMan

<< <i>Talking about his colorful rainbow Morgan collection!! >>

And an amazing collection it is.

Goldbully

Sunnywood

Goldbully, thanks for the alert !! The conversation with Coin Chat Radio was just taped Tuesday afternoon, by telephone. I was sure I would sound like a complete idiot, but actually it didn't come out too bad. They seem to run different programming all day long, so the conversation will be repeated at various times. I hope some more of our Board members get to hear it.

One of these days I will take a picture of the glass bowl which still - 37 years later - holds the Lincoln cents from my Dad's album that I (disastrously) soaked in vinegar. That bowl remains a graveyard, a testament to the bad idea of letting a 9-year-old with a chemistry set play with your coin collection !!

If anyone misses the online broadcast but wants to hear the interview, you can download the December 18 show from the Coin Chat Radio website. You'll get an .mp3 file that's about 34MB. You can play it in iTunes, or on other media players. The interview with me starts at about 20:40. (The earlier part of the show is an interview with the Presidents of Bowers & Merena and Ponterio & Associates, discussing the recent acquisition of Ponterio by B&M, but you can just jump ahead to about 20:40 if you don't want to sit through that part.)

All the best,
Sunnywood

Halfhunter06

ok, i have to get this off my chest. The show should be more like a real radio station. the announcer sounds like he was born in some far off country and this whole "eastbumble____ wisconsin, the coin collectors capital of the world" is pathetic.. ive never even heard of the place!
DO they have an appplication for new employees???? lol

Ronyahski

So Sunnywood is a closet Coin Doctor! Maybe more accurately, a disenfranchised ex-Coin Doctor! I listened to the broadcast, very interesting listen, thanks Doug! And good luck with your display next month, unfornunately for me I will miss FUN this year.

Please comment on what I thought I heard you say. I thought I heard you say that one reason you decided to put together a superb toned Morgan set starting seven years ago is that you perceived the premium for toned Morgans over their white counterpart as not as pronounced as that found with other series. Really???

Goldbully

<< <i>Goldbully, thanks for the alert !! The conversation with Coin Chat Radio was just taped Tuesday afternoon, by telephone. I was sure I would sound like a complete idiot, but actually it didn't come out too bad. They seem to run different programming all day long, so the conversation will be repeated at various times. I hope some more of our Board members get to hear it.

One of these days I will take a picture of the glass bowl which still - 37 years later - holds the Lincoln cents from my Dad's album that I (disastrously) soaked in vinegar. That bowl remains a graveyard, a testament to the bad idea of letting a 9-year-old with a chemistry set play with your coin collection !!

If anyone misses the online broadcast but wants to hear the interview, you can download the December 18 show from the Coin Chat Radio website. You'll get an .mp3 file that's about 34MB. You can play it in iTunes, or on other media players. The interview with me starts at about 20:40. (The earlier part of the show is an interview with the Presidents of Bowers & Merena and Ponterio & Associates, discussing the recent acquisition of Ponterio by B&M, but you can just jump ahead to about 20:40 if you don't want to sit through that part.)

All the best,
Sunnywood >>



Sunnywood, I really enjoyed your interview.

I actually listened to it twice.

Your love of the Rainbow Morgans, as well as coins in general, really comes forth.

I hope more forum members give a listen.....you are very entertaining and informative.....far from a "complete idiot."

The story of you as a 9 year old coin doctor is priceless.

Wish I was going to FUN.

Come on guys.....put Sunnywood on your iPod now!!

GB

Goldbully

Well worth listening to our estemmed forum member, Sunnywood.

Sunnywood

Thanks guys, they seem to be repeating the whole show eveyr hour, so there are plenty of opportunities to hear it.

Please comment on what I thought I heard you say. I thought I heard you say that one reason you decided to put together a superb toned Morgan set starting seven years ago is that you perceived the premium for toned Morgans over their white counterpart as not as pronounced as that found with other series. Really???

Ronyahski - no, I don't think I ever said that !!! What I said was that there were two things different about Morgans:

1) In other classic silver series, collectors prize originality and toning, but in Morgans, there was (and still is) a market preference for white coins. By market preference, I don't mean anything to do with pricing or premiums. I meant that white Morgans are much more widely collected than toned Morgans. There are still many more collectors putting together sets of untoned Morgans than there are collectors doing the color coins. Part of the reason for that, of course, is that the premiums for the rainbow toning can be high. It's just supply and demand - there are so many more white coins out there than toned coins, therefore the white coins are much cheaper despite their broader collector base (i.e. the demand for white coins is greater, but the supply is greater still). Another reason more people do white sets is that once you get past the common dates, the going gets rough quickly - it becomes difficult to find any attractive original coins at all.

2) The other thing different about Morgans was the existence of these amazing banded rainbow toners, the unique result of the unusual history behind Morgans, with so many bags stored in bank vaults for decades. But yeah, you do have to pay up for them (unfortunately). Most people would think I was an utter fool for the strong premiums I paid. It was particularly expensive to wrench the coins I wanted out of the hands of other collectors of toned Morgans who had no interest in parting with them. But it enhanced my set greatly, because several of these very astute collectors had already snapped up some of the best coins.

My Morgan set would probably set a record for highest multiple of sheet paid (i.e. CDN Greysheet bid) in the aggregate for a complete set. In fact, even as a multiple of Ask the number is frightening !! Perhaps monsterman's incredible toned Commems are in a similar category. I doubt I could ever recoup my cost if I sold the set ... but at least for the present, I don't care, and I have no intention of selling.

Hope this clarifies what I meant to say !!

Sunnywood

Ronyahski

Thanks, that clarifies it. There are a few other classic silver series that would be similarly interesting and challenging to put together a toned set. Peace Dollars, SLQs, and Walkers come to mind. For many the same reasons as Morgans, collectors have a preference for white coins in these series. Maybe therein lies your next mountain.

Save for two series, all of my series collections are toned. In Proof Seated there is a reverse phenomenon. Origianal and nicely toned pieces are always in demand. But blast white proofs with CAM or DCAM on the holder command more and more attention and premium pricing. I'm not sure if it is because collectors now covet blast white coins, and they more readily receive the CAM/DCAM designation, or if it is because collectors covet the CAM/DCAM designation and they are more readily given to blast white coins. Either way is folly.

I've been working on toned MS and Proof sets in 3CS. It's been going on four years now and the end is not yet near. With white coins, I would've been done by now. There's not much preference with collectors either way that I can tell between white and toned 3CS, probably because very few collectors care about them in the first place. Poor little guys!

mrearlygold

Sunnywood

Ronyahski, I find blast white seated coins to be as unnatural as colorized enameled Walkers. By this I mean to say that some of them may actually be attractive to look at, but they are a ba$tardization of nature as far as I am concerned. I agree with your analysis of the CAM/DCAM phenomenon; the extra descriptors do as little for me as the blast white coins themselves. Speaking of Walkers, I have often thought of doing a complete set with beautiful original color ... I know it would be a very difficult challenge indeed. After the Morgans, and given a dose of financial reality this past year, it will probably be a while before I embark on another major numismatic endeavor. Of course, the Barber quarters weren't exactly easy either, but I did allow a handful of blast white coins in that set. Had I kept on, I would eventually have replaced them all with toned coins.

Best,
Sunnywood

tombr

Just listened to Sunnywood's interview.

Doug is very articulate and offers some great advice.