Toning on a Peace Dollar
ajaan
Posts: 17,684 ✭✭✭✭✭
Never seen many Peace Dollars colorfully toned, so I'm guessing this isn't natural.
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
1
Comments
So what, it looks natural enough and may slip into a holder. I've seen much worse!
The colors dont jump out as AT... those (russet/browns) are not uncommon colors for toned Peace $. The toning pattern is odd though. Im trying to figure out how the untoned areas remained untoned... basically how was the coin stored that would have allowed for that to happen. The only thing I can think of is that tape was over the coin but then again it doesnt go all the way to the bottom of the reverse. It could be end roll as well. But the angles arent sharp. Its definitely unique.
If there is little to no premium I would take a chance in buying it and submitting it. It might straight grade. If the seller is asking for a hefty premium on a raw toned Peace $ thats usually a sign they tried and failed to get it graded.
I bought the coin for $17.
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
Looks like endynamics work to me. Definetly 100% AT.
I assume the obverse is untoned ?
His Peace $ are much more in the blue/purple range with a lot of amber/yellow...
https://www.ebay.com/sch/Peace-1921-35/11980/i.html?_nkw=&_udlo=&_udhi=&_ftrt=901&_ftrv=1&_sabdlo=&_sabdhi=&_samilow=&_samihi=&_sadis=15&_stpos=89052&_fss=1&_fsradio=&LH_SpecificSeller=1&_saslop=1&_sasl=edynamicmarketing&_sop=10&_dmd=1&_ipg=200
More tarnish... very popular the last few days....
More people are questioning the origins as well... That is good.... The market for tarnish may start to cool a bit... Cheers, RickO
I dont see the market cooling for toned coins. Perhaps for Morgans... Its probably the only part of the market that isnt cooling off right now. Im still seeing toned coins selling for hefty premiums at auction.
Toned Lincolns are especially hot...
https://www.ebay.com/itm/Beautiful-1964-PCGS-MS65BN-Gem-Rainbow-Toned-Lincoln-Cent-ap1757/382312596987?hash=item59039b45fb:g:TBAAAOSwDkVaNrCa
https://www.ebay.com/itm/1920-d-PCGS-MS64RB-Toned-Better-Date-Lincoln-Cent-jk1353/372162989107?hash=item56a6a48c33:g:GJgAAOSwvApaLXOs
https://www.ebay.com/itm/1925-d-PCGS-MS63BN-Colorful-Toned-Lincoln-Cent-jk1359/382307099846?hash=item59034764c6:g:GkgAAOSwO7haLXOY
https://www.ebay.com/itm/1941-s-PCGS-MS64BN-Colorful-Toned-Lincoln-Cent-jk1378/382307097122?hash=item5903475a22:g:W0AAAOSweZJaLXMc
https://www.ebay.com/itm/Beautiful-1946-PCGS-MS64RB-Rainbow-Toned-Lincoln-Cent-jk1384/332482537516?hash=item4d6980e82c:g:LdYAAOSws6ZaLXMH
@TonerGuy .... No doubt that the market is hot now.... My statement was intended to mean that with the amount of posts lately, questioning the tarnish on coins, perhaps it would lead to a market shift. After all.. the ridiculous premiums being paid for this phenomena can be avoided by doing it 'in house' so to speak. Cheers, RickO
@ricko Its no different that people paying premiums for blast white dipped coins from the 19th century. A little dip and you can dramatically improved the look and grade of a coin. Surface alteration is surface alteration. Its just a matter of picking your poisoning - some doctor/dealer is always going to find a way to improve his coins to maximize value.
@TonerGuy ....Very true, however, if collectors 'wise up' and stop paying for 'effects', and stick to technical grading, the hobby would be far improved. Cheers, RickO
I agree completely. Thats up to the TPGs though. They allow the AT'd coins, dipped coins, all kinds of alterations. They try to stop it but as soon as they bless it coin with a straight grade then the market decides. I really wish original skin coins were more popular. I wish original skin coins commanded a premium but they dont - well not really. People like "pretty" coins - whether that means blast white just as they left the Mint 100+ years ago or with rainbow tarnish.
As long as there will bumps in grading for pretty colors or blazing luster there will always be someone trying to improve on the value of a coin...
@TonerGuy.....I totally agree... unfortunately much of the fervor for colorful tarnish, especially the radical colors, comes from more inexperienced collectors, since they saw the attraction by other, experienced collectors - then they though 'more is better'....Thus the radical color market. Although I am not a fan of tarnish, I do like original skin with some wear and built up crud.... After all, while 'as minted' is great, coins do have a purpose - called commerce. Cheers, RickO
The toning on the reverse of that coin looks pretty good to me.