UPDATED: what premium would you pay for the color on this coin? And, looking for suggestions on a po

coinguy1 · June 19, 2004 8:13AM

Part 1:

A fellow forum member who owns this coin gave me permission to post it and ask everyone what type of premium they would place on its color.

It resides in an NGC MS64 holder and lists at $185 in the Certified Coin Dealer Newsletter and $282 bid/$310 ask in the CDN. What would YOU pay for such a coin?

Obverse

Reverse

Part 2:

I'm considering (meaning, I might or might NOT be) changing my icon and am looking for your input and suggestions???? Thanks

Placid · June 19, 2004 8:21AM

$150

airplanenut · June 19, 2004 8:27AM

Don't change your icon!

Back to the coin... while I like the periphery, I think the brown detracts from the coin. Balancing them out, I'd pay around $270-310, maybe, but I'd have to see the color first hand to be sure I'd buy it at all.

Jeremy

EDIT: After seeing that CDN is a lot higher, let's change my price...

bennybravo · June 19, 2004 8:48AM

I agree with Manofcoins.I'd pay a slight premium for that type of toning, but I wouldn't go nuts over it.$300-$325 range and I'd consider it.

bennybravo · June 19, 2004 8:50AM

The Coin in question.

TonedCoinTrader · June 19, 2004 8:56AM

I'll say 300 also.

Scott

JadeRareCoin · June 19, 2004 8:56AM

If that coin is for sale today, I will mail you a check for $340.

PS - I would get rid of the "coin doctor"

icon and go with something a bit more prestigious, such as your favorite coin in your inventory or collection. Or, you could use an image that references your famous relative, B. Max Mehl.

XpipedreamR · June 19, 2004 8:59AM

Assuming I had the cash on hand, I would probably pay in the $400+ range for the coin. The coin seems to be pretty nice, with nice colors not usually seen as often on Peace dollars as other coins. I'm also guessing that the area of the coin from 6-10 o'clock is speckled with the same kind of color, although it's not coming through in the pic. It wouldn't be the first toned Peace dollar that I've overpaid for, anyway

291fifth · June 19, 2004 9:02AM

I think the toning is very unspectacular. No premium.

Leave your icon the same.

Russ · June 19, 2004 9:03AM

That's a $400 Peace Dollar. Note: That's not what I'd pay for it, since I don't collect them. But, I'm pretty sure it would sell for that.

Russ, NCNE

wallstreetman · June 19, 2004 9:05AM

$350, as long as thats not hairlines on the cheek!

DHeath · June 19, 2004 9:08AM

I like the toning, and would be excited around $350-$400 depending on the luster flash.

I thought about possible icons, and I realize you might not have a nice example of one of these to pick from, so I'll be happy to loan you one of mine. Feel free to crop as you see fit.

greghansen · June 19, 2004 9:15AM

$401. So far, I win.

FrattLaw · June 19, 2004 9:15AM

Can I answer???????

Fine -- deleted

As for your icon -- leave it alone. It suits you well.

Michael

Baley · June 19, 2004 9:16AM

it's not a common date 22 or 23 or 24, the color if above average nice, if it was my coin i'd hold out for $450.

coinguy1 · June 19, 2004 9:16AM

<< Can I answer??????? >>

No Michael, you may not. Now, please delete your post!

CarlWohlforth · June 19, 2004 9:32AM

I'm at $325 and am outbid again!

Coinguy1 - go for a neat classic coin as an icon. I think of you as a classic kind of guy more than as a mad chemist

clw54 · June 19, 2004 9:38AM

Mark, if you really want to change your icon, how 'bout a nice seated liberty dollar?

FatMan · June 19, 2004 9:39AM

I would go 10% above ask ($340).

nwcs · June 19, 2004 9:51AM

I'd pay a small premium, but not too much of one.

FC57Coins · June 19, 2004 9:52AM

I agree with Fatman as far as a premium for this coin, I'd go 10-15% above ask - As for your icon, this is the only suitable one in the whole array of icons:

shylock · June 19, 2004 9:59AM

Don't change your icon Mark, people here are creatures of habit and will always associate you with Poindexter -- like it or not.

jcping · June 19, 2004 10:14AM

From the picture, it seems that the coin is a high end MS64 (or possibly a shot to 65) so that the premium that I am willing to pay is high provided that I can see the coin in person. The rim color is interesting. It adds some value to tell graders that its surface is original. I don't care the tiny color that much (I know not many nicely toned Peace dollars). Personally, if the coin is updated, I won't pay anything for the color.

If the coin has no chance to upgrade (or it is a solid MS64), I will pay around the ask for it if I want it.

GOLDSAINT · June 19, 2004 10:17AM

I have been buying, and studying, color for a few months now, and it seems that there is lots of color around, what is very strange is that the more modern the toned coin the higher the price. Older toned proofs for example can be had very close to their white price, but as we saw last week great modern bullion coins can go many, many, multiples. Peace dollars are hard to find with great color but unless you are a toned type set builder there is no reason to own, one with medium color, and pay much more than the white price. So I would be at $300

Toningintheblood · June 19, 2004 10:24AM

In the Superior Auction at Pre=Long Beach, this coin was in the auction. I put a bid in of $285 with a check in the box on my fax form to go 10% higher if needed. So with that in mind plus the 15% juice I would have been willing to pay $360.53 for it. But some other fink won it!

FrattLaw · June 19, 2004 10:28AM

<< But some other fink won it! >>

Easy there -- your days of buying toned Peace $ at auction are over! And I'm coming to get that 34-D as well!!! --- the premium on that one is going to be HUGE!

Michael

ColonialCoinUnion · June 19, 2004 10:59AM

I think it would bring a hefty premium and I agree with russ that it would reach $400.

I don't collect these, but I have seen my share - and this is one of the most attractive toned Peace $s I've seen.

Myqqy · June 19, 2004 11:07AM

I like that peace dollar, but personally I wouldn't pay a big premium for the color. As far as your icon, I think you should keep the one you have! Your responses on this forum always seem so calm, reasoned, and polite- and that little poindexter guy seems to be a very nice cartoon embodiment of those qualities.....

mgoodm3 · June 19, 2004 11:11AM

I'd pay what those other guys paid. nice dollar.

Barry · June 19, 2004 11:12AM

I wouldn't pay a premium. Tarnish, I mean toning, is a fad.

Don't change your icon. It suits you well and is quickly identifiable when scrolling a thread.

relayer · June 19, 2004 11:13AM

85% of what Frattlaw would pay

stman · June 19, 2004 11:17AM

Interesting that most people consider going over Greysheet ask a "Premium."

michael · June 19, 2004 11:37AM

$675

michael

airplanenut · June 19, 2004 11:50AM

<< Don't change your icon Mark, people here are creatures of habit and will always associate you with Poindexter -- like it or not. >>

That's right... you know I'll always send pointless PMs to Poindexter no matter what

Flash · June 19, 2004 12:51PM

$185

SethChandler · June 19, 2004 12:57PM

I'd bet it go for double greysheet bid, easy.

Seth

Stuart · June 19, 2004 1:00PM

Mark: First and most importantly DO NOT CHANGE YOUR AUTHOR ICON!!! -- Under penalty of profuse verbal abuse by many forum members!!!

As for the Peace dollar, I would try to purchase the coin near MS-64 Bid and not pay a premium for the rim toning.

It's a premium eye appeal quality coin which is attractive enough that I would consider purchasing it for around Greysheet Bid of $260.

Thanks for sharing this pretty coin with us!

darktone · June 19, 2004 1:16PM

That's pretty nice toning but not the break the bank monster type of toning- I agree with the $400 or so. About your icon Mark- I thought that was an actual photo of you

. mike

Shamika · June 19, 2004 2:06PM

I'm not sure, but I'm thinking something approaching MS65 money. That's a BEAUT!

And by the way, don't change your icon. It becomes you.

zenny · June 19, 2004 3:08PM

<< $675

michael >>

from what i can tell, he's the only one who would have outbid me, so far..........(although i don't know what the other Michael did pay for it).

that is one sweet lookin coin!!

icon works fine for me.

z

Dennis88 · June 19, 2004 6:32PM

don't pay a premium for toned coins.....

Dennis

roadrunner · June 19, 2004 10:24PM

Certainly in the $400-450 is a reasonable price on the coin's value.
What anyone would pay on any given day is debatable. I'd love to buy this for CDN bid or ask too!

Please, ship me a crate of these at $300.

Blue sheet bid for a lousy 65 of this date is $430. That seems reasonable for a PQ eye-appealing 64. That's also about half of the CDN65 price ($800) which also supports a figure in the $400 range.
The obv on the coin looks very close to 65, the reverse has some chatter on the eagle that appears to negate a 65 shot.

MARK, KEEP YOUR ICON, IT SEEMS TO SUIT YOU AND WE CAN FIND YOUR POSTS MORE EASILY

roadrunner

FrattLaw · June 20, 2004 1:22PM

Well since this thread has now quietly died I'd figure I'd finally post to it.

I am the purchaser of the coin. As most know, I have been collecting toned MS Peace $ for about 2 years and I have to search high and low to find nicely toned examples of such. After seeing thousands upon thousands of toned Peace $ -- this one certainly fits into the "nicely toned category" not a monster, but very nice by toned Peace $ standards. Therefore the toning would carry some premium.

Secondly, this a 1934, a rather low mintage date for Peace $. Actually the 4th lowest mintage. Finding a 1934 Peace $ with nice toning is extremely difficult. The common dates are rather easy, but the other years are almost non-existent. This is the 3rd toned 1934 that I've owned and the nicest, by far, of the three. That, to me, warrants a nice premium.

While the coin is not a MS65 it is a solid MS64. So no premium there.

As for the price, the coin opened @ $450 to the book. No one else was even close at the auction so I was able to purchase it for $460 + juice + sales tax. Overall I think the coin was roughly $565.00 out the door. Is it alot -- sure. But there's no way I would have owned this coin bidding sheet for it. The seller knew what it was worth. I knew what it was worth.

Common dates with color have sold for $400+ This coin is certainly more rare than that. While I might never get my $565 back, it really doesn't matter since the coin will probably never be resold.

It has occurred to me from reading this thread, that if you want really nice coins sheet just isn't going to cut it most of the time. I have started to realize that and have started to change my collecting style. I'd rather overpay for a beautiful coin, then underpay for an average coin.

Thanks
Michael

mdwoods · June 20, 2004 1:25PM

Keep your current icon or face the Zipper Dance.

stman · June 20, 2004 1:31PM

<< After seeing thousands upon thousands of toned Peace $ >>

Interesting, and they say toned Peace$ are tough to find. Now I know you're gonna say "Nicely toned" Peace$ are tough which is true. But I'm glad you've found "Thousands" to look through in 2 years time.

Gotha back dude. Ga-head, get the last word.

airplanenut · June 20, 2004 2:09PM

<< While I might never get my $565 back, it really doesn't matter since the coin will probably never be resold. >>

Please do enter me in your most generous giveaway

coinguy1 · June 21, 2004 12:34AM

Thanks for all of your replies and suggestions.

PART 1:
Based upon the various replies, it appears that the consensus/average value placed on the 1934 $1 by the forum is approximately $350, a bit more than 10% over CDN "ask". I, as a dealer, would probably be willing to buy the coin at roughly a 50% premium or somewhere in the $425 range.

PART 2:
I will NOT be changing my icon

stman · June 21, 2004 2:12AM

<< I, as a dealer, would probably be willing to buy the coin at roughly a 50% premium or somewhere in the $425 range. >>

I find this to be a bit interesting. Probably why I rarely sell anything on the BST. Why bother when a few dealers I know are willing to step up for nice coins.

UPDATED: what premium would you pay for the color on this coin? And, looking for suggestions on a po

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