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What is the premium for toners with great eye appeal?

llafoellafoe Posts: 7,220 ✭✭
in U.S. Coin Forum
Current grade: $650... plus: $725... next grade up: $1200... asking price: $1295

image

I've looked at this coin for months... and I LOVE IT! But, I don't want to get buried in this coin in the current toner craze.
WANTED: Cincinnati Reds TEAM Cards

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  • UnknownUnknown
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    stevebensteveben Posts: 4,666 ✭✭✭✭✭
    wow, i don't know. you'd be paying more for the toning than the coin is worth? or is it priced such that the seller thinks its actually a grade better? perhaps its the latter.

    maybe i don't understand the question...but anyway...

    the coin's intrinsic value is basically a couple pennies...so anything more than that you're paying because you like it and want to collect it. so, does it make a difference? ask yourself if you like it enough to pay that much money. you're taking a risk regardless, the way i see it atleast, that the coin will retain or increase in value.
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    llafoellafoe Posts: 7,220 ✭✭


    << <i>wow, i don't know. you'd be paying more for the toning than the coin is worth? or is it priced such that the seller thinks its actually a grade better? perhaps its the latter. >>



    PCGS MS64RB CAC (green)
    WANTED: Cincinnati Reds TEAM Cards
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    coinkid855coinkid855 Posts: 5,012 ✭✭✭
    1879-S Morgan Dollar NGC MS64* Greysheet: MS64-77 MS65-170

    I paid $550

    I sold for $1550

    Translation: Very large if the coin is pretty enough!! image


    image




    -Paul
    NGC 2.1 Census! PM me yours!
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    richardshipprichardshipp Posts: 5,647 ✭✭✭


    << <i>

    << <i>wow, i don't know. you'd be paying more for the toning than the coin is worth? or is it priced such that the seller thinks its actually a grade better? perhaps its the latter. >>



    PCGS MS64RB CAC (green) >>



    Not all 64's are equal and that appears to be a nice one... toning or not.
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    stevebensteveben Posts: 4,666 ✭✭✭✭✭
    okay, i see. well, i still say that its a collectable and it comes down to whether or not you want to pay that much. its not an investment.

    btw, very, very sweet coin!
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    BAJJERFANBAJJERFAN Posts: 31,672 ✭✭✭✭✭
    There is no set premium for toners. Depends on the coin and how much you like it. Common Morgans with great toning tend to bring large premiums because there is a large collector base for them. One former poster would say that it's ok to overpay for a coin if you really really like it.
    theknowitalltroll;
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    BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    Just look at what the Guttag Family commemoratives that sold at ANA.

    Some tough issues to locate with color sold for astronomical figures...

    Way beyond the moon far closer to uranus money! image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
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    elmeisterelmeister Posts: 117 ✭✭
    I was looking at that piece yesterday and was loving it but just couldn't justify the premium... def. looks strong for the grade and may + or upgrade if resubmitted...

    i beleive that dealer has a "make offer" button... i know it's been sitting for awhile b/c i've kept my eyes on it too... def. worth a premium but 100%'s way over my comfort level as well...

    OGH adds a bit, CAC adds a bit, def. looks PQ which adds a bit, and nice toning can add alot... don't know if i'd buy it, but i'd consider it more in the $900-1000 range....

    it's a bear trying to grade MS coins via photo... to me it looks mark free and maybe alittle lightly struck around 11 and 2... but in hand there could be something obvious keeping it from a 65.
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    MikeInFLMikeInFL Posts: 10,192 ✭✭✭✭
    Not a bad coin, but overpriced at 65 money, IMO. I look at that coin and think $900 (i.e. about half way to the next grade's price). I also wonder just how nice the luster is -- the coin looks at least a 65 from the photos and suspect impared luster may be the cause of the 64 grade (and thus decrease in-hand eye appeal). Lastly, keep in mind '53 large cents are not rare coins by any stretch of the imagination, even in 64 grade (even if toners are not common).

    Personally, I would pass, but you're not buying the coin for me....so if you have the money and really LOVE the coin (in-hand), I see no issue.
    Collector of Large Cents, US Type, and modern pocket change.
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    llafoellafoe Posts: 7,220 ✭✭
    I agree with the $900-1000 crowd... but I can assure you $960 won't buy this coin! image
    WANTED: Cincinnati Reds TEAM Cards
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    partagaspartagas Posts: 2,056 ✭✭✭
    It is a wide range, and the spread is whatever the seller wants, and a buyer will pay. See the two links below. Notice the price disparity. Was it for eye appeal, both makes claims for the finest known as they are tied in numerical grade. But why did one sell for so much more?

    1875-cc pitman

    1875-cc legend

    Some one really thougth the 2nd coin was so much nicer they paid $33,000 more for it. Now part of that is also grade related, but $33k that is a big premium and some one paid it.
    If I say something in the woods, and my wife isn't around. Am I still wrong?
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    elmeisterelmeister Posts: 117 ✭✭


    << <i>but I can assure you $960 won't buy this coin! >>



    at least you know where you stand and you gave it a shot. Makes moving on easier...

    Lots of nice, high grade 1850s Large Cents out there... i think i came to a realization that although I do like toning on silver, i prefer copper to look like copper...
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    tradedollarnuttradedollarnut Posts: 20,788 ✭✭✭✭✭


    << <i>It is a wide range, and the spread is whatever the seller wants, and a buyer will pay. See the two links below. Notice the price disparity. Was it for eye appeal, both makes claims for the finest known as they are tied in numerical grade. But why did one sell for so much more?

    1875-cc pitman

    1875-cc legend

    Some one really thougth the 2nd coin was so much nicer they paid $33,000 more for it. Now part of that is also grade related, but $33k that is a big premium and some one paid it. >>



    There is NO comparison that works for a coin that deserves to be in a 66 holder vs one that the market says doesn't really even deserve to be in the 65 holder it's in.
    Early Dollar Set
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    JCMhoustonJCMhouston Posts: 5,306 ✭✭✭
    I have paid a small premium for nicely toned copper, but paying 100% premium is way over anything I would ever consider, particularly for a fairly common coin. It's been sitting with the dealer for a couple of months so that should tell you something about the price, buried might be putting it a little too mildly.
    JCM-Houston
    World Collection
    British Collection
    German States Collection
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    JBNJBN Posts: 2,009 ✭✭✭✭✭
    Don't collect large cents, but that is a beautiful coin!

    Experts here have coalesced around $1K.

    You really "LOVE IT!"

    Has the green tag holder, so hasn't been messed with and toning is probably stable.

    CAC to boot.

    Is your love of the coin worth stretching three hundred bucks? Or offering $1150, and stretching a hundred and half bucks?

    Definitely a pretty coin.....and will be one when you decide to sell.

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    SeattleSlammerSeattleSlammer Posts: 10,126 ✭✭✭✭✭
    That's Brandon's coin ...aka poorguy... it sure looks 65 to me, so given that PLUS the cool color, I don't think the asking price is too far off. As was already mentioned, 900-1000 may make it sell faster but there also aren't too many colorfully toned large cents around....... image

    coinkid, sweet Morgan and nice flip!
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    SeattleSlammerSeattleSlammer Posts: 10,126 ✭✭✭✭✭
    ps- coin is in a blue label slab with green bean ... not OGH
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    kerikowkerikow Posts: 136
    it is not just toners, many dealers are charging one grade up prices on all of their coins, i believe, imho, that they are making so much money on bullion that they do not mind if their coin inventory sits in their case forever
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    poorguypoorguy Posts: 4,317 ✭


    << <i>I agree with the $900-1000 crowd... but I can assure you $960 won't buy this coin! image >>



    OREALLY? Never hurts to ask. image
    Brandon Kelley - ANA - 972.746.9193 - http://www.bestofyesterdaycollectibles.com

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