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Are toned SAEs worth a premium?
Weiss
Posts: 9,942 ✭✭✭✭✭
Got some bits and pieces of junk silver from my dealer. He had a partial roll of 87/88 SAEs, sold them to me for $8 each. Got 'em home and found that several had some pretty interesting colors.
The one on top is shown for comparison, it's pretty much white. The two in the middle are a really pretty champagne color--the one on the right is really quite stunning and doesn't look nearly as unevenly toned in person. Both are blast white on the reverse.
The bottom three have purple to green rim toning that is just starting to creep onto the surfaces, mostly on the obverse but just a tiny bit on the reverse, too.
Worth a shot on eBay, or are toned SAEs a dime a dozen?
(image is my first attempt using the Marty Cone of Science)
The one on top is shown for comparison, it's pretty much white. The two in the middle are a really pretty champagne color--the one on the right is really quite stunning and doesn't look nearly as unevenly toned in person. Both are blast white on the reverse.
The bottom three have purple to green rim toning that is just starting to creep onto the surfaces, mostly on the obverse but just a tiny bit on the reverse, too.
Worth a shot on eBay, or are toned SAEs a dime a dozen?
(image is my first attempt using the Marty Cone of Science)
We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
--Severian the Lame
--Severian the Lame
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Tiger trout, Deerfield River, c. 2001.
Same grade, too.
Russ, NCNE
In answer to your question, the ones that you displayed are worth little or no premium.
Russ, NCNE
Hell, I don't need to exercise.....I get enough just pushing my luck.
2. there's one born every minute
3. to each his own
4. yes
5. no
Chose an answer and it'll fit 20% of the people here
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<< <i>Weiss,
In answer to your question, the ones that you displayed are worth little or no premium.
Russ, NCNE >>
They have to have some color to them other than brown or gold to really command any premium....but when they have a lot of color...than can go for a considerable premium!!!
<< <i>Russ, that is a beautiful hunka silver. >>
Yeah, it was a screaming bargain, too. I sold it for less than $60 compared the $3 grand or so that was the original price on the other one posted.
Russ, NCNE
--Severian the Lame
As I said in that other thread, if it didn't have all the little 'Non-toned" marks, it would be better....I just don't like it like that.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
<< <i>Yeah, but did the other one sell at the asking price? >>
Nah, the price was dropped to $750.
Russ, NCNE
I like toned coins, but I just can't imagine it selling for over $100 max (I wouldn't pay that but I know there are people that do)
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment
the third star given by NGC). The obverse was a deeeeep blue/violet with even color, zero breaks
in the toning and mirrors that were clear as glass. The reverse was blast white. I would have loved
to see the rims of that coin!
The coins story: The dealer said he bought it raw at the show and had it graded there. The original
seller told him that he had purchased it from the mint in 1986, had taken the front half of the capsule
off and placed it on his mantle for display. His wife made him take it down shortly thereafter and he
placed it back in the velvet box without the obverse capsule half. 29 years later he opens it, and voila!
Asking price: $1700 (I didn't buy it)
Ken
<< <i>His wife made him take it down shortly thereafter and he
placed it back in the velvet box without the obverse capsule half. 29 years later he opens it, and voila!
Asking price: $1700 (I didn't buy it)
Ken >>
29 years you say?
I'm more impressed with the time machine than I am the toning.
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
They tone up quickly. I semi-local dealer near me makes them up at a regular rate. He places them in his display case near the street window for a few months till they tone up. Depending on the weather............
I recently sold some and they fetched anywhere from $50-$100 for the nicer ones, and less for the not so nice ones.
To each their own with these.
Asking $3k, or even that $750 is.....well........I guess anyone can ask what they want for their own inventory.
LSCC#1864
Ebay Stuff
SAE Rainbow Link
Box of 20
Russ, I believe you are mistaken. The one above started at $750 and was never listed higher. We sold an NGC PF69*DCAM before that was listed at the price you mentioned at around 3 grand or so. Anyone who saw the coin would agree that it is nicer than that MS70 that sold for over $13,000.