For the knockout or very attractive stuff, yes. I've had dealers cut me off when the asked to view my toned collection on my phone and exclaim "I wouldn't pay extra for that if you were selling those". My answer to that was, "well I wouldn't sell to you anyway". I never even said I was selling to begin with, just showing my collection.
You can collect what you want, but if you offered my 6o bucks on a nicely toned Morgan because the grade is MS-64, I'd go elsewhere. There are buyers for the decent stuff. I know because I have sold a few from my collection.
One example from the first part of my post was this coin. The dealer (unsolicited) was offering basic AU-55 money for the below coin. Yeah right. It's an AU-58 and, well the toning...
There are several dealers who specialize in attractively toned coins. That's where I would go if I wanted to get a fair price for my color coins. I've left instructions for my heirs as to where to sell them.
It's also worth noting that I will pay a premium for a nice coin, period. It can be lightly toned or untoned but wholly original and be a great example. It can be colorfully toned and particularly appealing. The premium I pay will certainly change, but I think it's important to avoid getting to hung up with simply whether you get a good deal relative to book value, and rather you should focus on whether you got a great coin at a fair price given the qualities of the coin.
Not only would I not pay a premium... I will not buy a tarnished coin... It is environmental damage, and removing tarnish will also remove surface metal....and possibly expose flaws as well. Others can spend their money as they choose. Cheers, RickO
@ricko said:
Not only would I not pay a premium... I will not buy a tarnished coin... It is environmental damage, and removing tarnish will also remove surface metal....and possibly expose flaws as well. Others can spend their money as they choose. Cheers, RickO
I have paid 5x retail for a toned coin but it was a $20 for an otherwise $4 coin (common date Roosie) and it was from a B&M in my old hometown. I would always stop in and buy something, generally something I didn't need, when I went back. The owner was an old family friend, my dad used to spend hours each week before he passed away, just hanging out in the store having coffee, and I viewed it as buying something to pay back for all the good times my dad had.
I wouldn't spend $400 on an $50 coin just because it had rainbow toning, even if the market would bear that cost today. I don't buy often, and I really don't sell often - coins tend to be in my collection for 10 years. Who knows if today's rainbow toners will still have the same market premium by the time I'm ready to sell. I do enjoy looking at the images of the toners on-line.
Successful BST (me as buyer) with: Collectorcoins, PipestonePete, JasonRiffeRareCoins
For the knockout or very attractive stuff, yes. I've had dealers cut me off when the asked to view my toned collection on my phone and exclaim "I wouldn't pay extra for that if you were selling those". My answer to that was, "well I wouldn't sell to you anyway". I never even said I was selling to begin with, just showing my collection.
You can collect what you want, but if you offered my 6o bucks on a nicely toned Morgan because the grade is MS-64, I'd go elsewhere. There are buyers for the decent stuff. I know because I have sold a few from my collection.
One example from the first part of my post was this coin. The dealer (unsolicited) was offering basic AU-55 money for the below coin. Yeah right. It's an AU-58 and, well the toning...
Beautiful piece, what's not to like - what a whopper for an AU58
Count me in for the many that appreciate nice color, solid EA pieces.
I'm pretty deeply in to the toned coin thing, but I'll admit, when collecting Peace dollars, it's the blast white ones you have to pay a premium to acquire. Apart from a nice golden patina or a bit of raisin-rim speckling, most toning patterns on these only detract from eye appeal.
Comments
Sadly, yes. Wish I liked blast white coinage. This hobby would be so much less expensive.
Dave
That is a knockout '42-D you have there, leothelyon!
Does anyone pay premiums for white coins?
For the knockout or very attractive stuff, yes. I've had dealers cut me off when the asked to view my toned collection on my phone and exclaim "I wouldn't pay extra for that if you were selling those". My answer to that was, "well I wouldn't sell to you anyway". I never even said I was selling to begin with, just showing my collection.
You can collect what you want, but if you offered my 6o bucks on a nicely toned Morgan because the grade is MS-64, I'd go elsewhere. There are buyers for the decent stuff. I know because I have sold a few from my collection.
One example from the first part of my post was this coin. The dealer (unsolicited) was offering basic AU-55 money for the below coin. Yeah right. It's an AU-58 and, well the toning...
10-4,
My Instagram picturesErik
My registry sets
There are several dealers who specialize in attractively toned coins. That's where I would go if I wanted to get a fair price for my color coins. I've left instructions for my heirs as to where to sell them.
Most White coins should worth a discount. Nice toned coin shows the time
Toned coin buyers are what auction houses called advanced collectors. Lol
People who buy white coin should really think it over. When trying to sell it later he will learn how difficult to sell a white coin at good price.
Yes.
If I still feel there's a few shreds of meat on the bone.
It's also worth noting that I will pay a premium for a nice coin, period. It can be lightly toned or untoned but wholly original and be a great example. It can be colorfully toned and particularly appealing. The premium I pay will certainly change, but I think it's important to avoid getting to hung up with simply whether you get a good deal relative to book value, and rather you should focus on whether you got a great coin at a fair price given the qualities of the coin.
It's a good question.
``https://ebay.us/m/KxolR5
Not only would I not pay a premium... I will not buy a tarnished coin... It is environmental damage, and removing tarnish will also remove surface metal....and possibly expose flaws as well. Others can spend their money as they choose. Cheers, RickO
@Ricko with the unexpected hot take!
I have paid a premium for nicely toned coins. I just really like toners. To each his or her own, I guess.
My OmniCoin Collection
My BankNoteBank Collection
Tom, formerly in Albuquerque, NM.
Sure. "Eye appeal is buy appeal."
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,...
I have paid 5x retail for a toned coin but it was a $20 for an otherwise $4 coin (common date Roosie) and it was from a B&M in my old hometown. I would always stop in and buy something, generally something I didn't need, when I went back. The owner was an old family friend, my dad used to spend hours each week before he passed away, just hanging out in the store having coffee, and I viewed it as buying something to pay back for all the good times my dad had.
I wouldn't spend $400 on an $50 coin just because it had rainbow toning, even if the market would bear that cost today. I don't buy often, and I really don't sell often - coins tend to be in my collection for 10 years. Who knows if today's rainbow toners will still have the same market premium by the time I'm ready to sell. I do enjoy looking at the images of the toners on-line.
Successful BST (me as buyer) with: Collectorcoins, PipestonePete, JasonRiffeRareCoins
.> @ElmerFusterpuck said:
Beautiful piece, what's not to like - what a whopper for an AU58
Count me in for the many that appreciate nice color, solid EA pieces.
I'm pretty deeply in to the toned coin thing, but I'll admit, when collecting Peace dollars, it's the blast white ones you have to pay a premium to acquire. Apart from a nice golden patina or a bit of raisin-rim speckling, most toning patterns on these only detract from eye appeal.
Yes and eye appeal is the key.
Gonna get me a $50 Octagonal someday. Some. Day.