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The value of wonderfully toned coins

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  • ElcontadorElcontador Posts: 7,679 ✭✭✭✭✭
    Coindeuce - PM sent.
    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • CatbertCatbert Posts: 7,594 ✭✭✭✭✭

    10 YEAR OLD THREAD BUMP - ALERT!

    I was doing a search on color premium and saw this thread.

    I think, if anything, the color premium multiplier has increased on colorful Morgans. Do you agree?

    Seated Half Society member #38
    "Got a flaming heart, can't get my fill"
  • ConnecticoinConnecticoin Posts: 13,107 ✭✭✭✭✭

    @Catbert said:
    10 YEAR OLD THREAD BUMP - ALERT!

    I was doing a search on color premium and saw this thread.

    I think, if anything, the color premium multiplier has increased on colorful Morgans. Do you agree?

    My sense is the premiums are trending up from a few years ago, but not as high as they were in the mid to late 00s.

  • oih82w8oih82w8 Posts: 12,548 ✭✭✭✭✭

    PCGS Trends value for the 1885-O $1 AU58 CAC $52. Color value not included. I would pay that price any day of the week and twice on Tuesday!


    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
  • yspsalesyspsales Posts: 2,526 ✭✭✭✭✭

    Mostly look for varieties or high grade coins.

    If toners come without a premium, I will buy them.

    That said, I have a great appreciation for how hard attractive NT coins are to locate.

    So a 3x to 5x premium is what I try to get out of a toner.

    BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out

  • joeykoinsjoeykoins Posts: 17,469 ✭✭✭✭✭

    I Love Those Toned
    Morgan's

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • truebloodtrueblood Posts: 609 ✭✭✭✭

    Dear Joey,
    the above Morgan is not naturally toned imo and it may have problems other than just that issue

  • Inspired70Inspired70 Posts: 634 ✭✭✭✭✭

    PCGS has launched a toned coins competitions for top 10-20 toners. Open until June 30th. Some impressive coins already posted by collectors.

  • oih82w8oih82w8 Posts: 12,548 ✭✭✭✭✭

    @Inspired70 said:
    PCGS has launched a toned coins competitions for top 10-20 toners. Open until June 30th. Some impressive coins already posted by collectors.

    Link please!

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    edited April 8, 2021 6:36PM

    1958 Linda Gail “Beyond Moon Money!” Franklin Half Dollar

    This Linda Gail Franklin sold for a large dollar amount but at 10x Price Guide, it's much less a percentage increase than some lower priced toners.

    PCGS Price Guide: $13,000
    Legend Price Realized: $129,500

  • clarkbar04clarkbar04 Posts: 4,979 ✭✭✭✭✭
    edited April 8, 2021 9:03PM

    It’s funny to think that the anti toner brigade has been reminding us almost daily for a decade about how they are in the anti toner brigade.

    3,650 times seems a bit light even

    MS66 taste on an MS63 budget.
  • ElmerFusterpuckElmerFusterpuck Posts: 4,787 ✭✭✭✭✭
    edited April 8, 2021 9:17PM

    Wow, talk about flashbacks! I was at the Vegas show where the 1958 Franklin was up for auction, it was the talk of the show. We were refreshing the price during our social event and I think it went up 30k by the time we were done!

    The true monster Morgan toners are in strong hands now, but the prices paid for them were far higher than years back. Nice, attractively toned coins in various series have had prices rising over time. Neutral or blah toned coins haven't done squat. The 1904-O and even the 1885-O dollars pictured above would fetch little if any premium over the assigned grade.

  • Cougar1978Cougar1978 Posts: 8,759 ✭✭✭✭✭
    edited April 8, 2021 9:38PM

    Marking up toners vs ordinary pieces of the issue can vary. It could be 100 to 500 pct. For a really super toner pricing it 4x price guide is not uncommon. IMO it’s more of a qualitative decision, situation. The bottom line is that buyer who will pay the money out there.

    It boils down to how rare is it pop wise with other coins of the issue and how badly somebody wants it. Again that magic whale retail buyer.

    An analogy is one would pay more for super bowl tickets on the 50 yard line vs end zone (much more). Yes agree no 2 monster toners not alike but that does not mean they can’t bring big money. A team recruits 2 five star RB one is a speedster the other a wrecking ball. Different but both have explosive potential. It would be idiotic to assume otherwise.

    Coins & Currency
  • joeykoinsjoeykoins Posts: 17,469 ✭✭✭✭✭

    Some more?





    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • rec78rec78 Posts: 5,860 ✭✭✭✭✭
    edited April 9, 2021 1:32AM

    As with any coin, or anything at an auction for that matter, all it takes is 2 bidders with endless money to turn something even relatively obscure into a valuable item. Sometimes you just toss out the book. There is no price guide for toned coins, as far as I know. Appearance is everything. I am not a fan of toned coins and thus will not pay more for toned coins, however, there are those who love toners and will pay the higher premiums. I am not saying that they are not beautiful coins, the 1958 Franklyn above is a very beautiful coin. It is just not a coin for me.

    image
  • yspsalesyspsales Posts: 2,526 ✭✭✭✭✭

    I was looking at a Battle Creek monster toner a couple days ago. Think it was around $1500... about 20x

    No different to me than a DMPL, DCAM, variety, etc... have started placing them in a R value scale. The Battle Creek coin was certainly R7

    BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out

  • KkathylKkathyl Posts: 3,762 ✭✭✭✭✭
    edited April 9, 2021 5:35AM




    I have old mint sets with rainbow toning around the outer edge they look fantastic! I always believe a rainbow toning on an old Morgan sorry about
    fuzzy photo but a true rainbow is worth at least double if in a rare year. The coin at that point is going to stand out and if a high grade even better but it’s eye appeal

    Best place to buy !
    Bronze Associate member

  • KkathylKkathyl Posts: 3,762 ✭✭✭✭✭

    The fuzzy picture is B Gale coin it’s worth about 6k it 1884

    Best place to buy !
    Bronze Associate member

  • MFeldMFeld Posts: 14,783 ✭✭✭✭✭

    @Kkathyl said:
    The fuzzy picture is B Gale coin it’s worth about 6k it 1884

    If you’re trying to show what a $6000 toner looks like, that picture’s not making your point.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • Inspired70Inspired70 Posts: 634 ✭✭✭✭✭

    @oih82w8 said:

    @Inspired70 said:
    PCGS has launched a toned coins competitions for top 10-20 toners. Open until June 30th. Some impressive coins already posted by collectors.

    Link please!

    Here you go @oih82w8.

    https://www.pcgs.com/setregistry/collectors-showcase/2021-u-s-toned-coin-competition-sponsored-by-legends-rare-auction/826

  • DRUNNERDRUNNER Posts: 3,897 ✭✭✭✭✭

    I will get BagBurn in for a TrueView and review in the next little while . . . .then we'll have a link that all can see . . . .

    Drunner

  • KkathylKkathyl Posts: 3,762 ✭✭✭✭✭

    Some metals are more prone to toning like sterling silver many Eisenhower coins and many pennies

    Here are some random pictures















    Best place to buy !
    Bronze Associate member

  • koynekwestkoynekwest Posts: 10,048 ✭✭✭✭✭

    This is one of my best-

  • ElcontadorElcontador Posts: 7,679 ✭✭✭✭✭

    It depends on the coin and the demand for it. About 20 years ago, I picked up a softly toned apricot rainbow iridescent business strike 1899 Liberty Nickel in PC 6 for no premium at all. You see very few of these coins.

    To command a large premium, said coin must turn heads and make people salivate like Pavlov's dogs when they see it. A coin that comes to mind was an 1892 P Barber Half or Quarter I saw a good 15 years ago in MS 66. Dealer was asking 5X over a white coin for it, and I'm sure it sold quickly.

    If you're bidding on these coins, you'd better know how to tell if it's the real deal, or if it's "market acceptable."

    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • ElcontadorElcontador Posts: 7,679 ✭✭✭✭✭

    @koynekwest said:
    This is one of my best-

    That's a nice 29 P. That said, this type of toning is not uncommon for a 38 D of the series.

    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • robbylu52robbylu52 Posts: 287 ✭✭✭

    I think lightly toned coins with great original luster are terrific coins to collect. So are white coins with that fresh blazing undipped look. But those white coins are few and far between. So I think most white coins are doctored in the sense they are dipped multiple times. So I would rather have a light toned pretty coin than all these fake white coins people collect that are dipped out trash.

  • robbylu52robbylu52 Posts: 287 ✭✭✭

    I buy white coins that look like they popped out of a roll, mostly..

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