What I think is interesting about the comments in this thread and many others since Peacegate broke, surround the market crashing on toned coins or toned coins being a fad etc. If every single person who post to this board were to decide to stop collecting toned coins........honestly it would have very little impact on the overall market for toned material. I think Ebay, Heritage, Teletrade etc have proved that their is a strong global market out there for toned material and since probably half the forum members don't even collect toned material and never did.........how aragant of some folks on here to feel like the PCGS forum is the barameter for the entire coin collecting world.
Peacegate has very little seepage outside of these walls.....is there some...absolutely as dealers and collectors alike post here but this isn't like the Y2K panic where it a nationwide crisis........
Simple rules apply here......If you like toned coins...collect them and pay what you feel a particular coin is worth. If you don't like toned coins.....don't collect them and if you must state your opinion then by all means do so and move on. The horse is officially beaten on this subject.....if I were to start 30 posts in the next few weeks talking about the demise of the white coin market and how stupid collectors are for buying dipped out white widgets etc.......I would be run out of town.
<< <i>Great coin Ron......looks even better in hand.
What I think is interesting about the comments in this thread and many others since Peacegate broke, surround the market crashing on toned coins or toned coins being a fad etc. If every single person who post to this board were to decide to stop collecting toned coins........honestly it would have very little impact on the overall market for toned material. I think Ebay, Heritage, Teletrade etc have proved that their is a strong global market out there for toned material and since probably half the forum members don't even collect toned material and never did.........how aragant of some folks on here to feel like the PCGS forum is the barameter for the entire coin collecting world.
Peacegate has very little seepage outside of these walls.....is there some...absolutely as dealers and collectors alike post here but this isn't like the Y2K panic where it a nationwide crisis........
Simple rules apply here......If you like toned coins...collect them and pay what you feel a particular coin is worth. If you don't like toned coins.....don't collect them and if you must state your opinion then by all means do so and move on. The horse is officially beaten on this subject.....if I were to start 30 posts in the next few weeks talking about the demise of the white coin market and how stupid collectors are for buying dipped out white widgets etc.......I would be run out of town. >>
First not only do I agree with Ron about the TPG's early on downgrading toned (read original skin, not just pretty color), but it still goes on. And I'm guilty. Just two years ago I had a raw 1878S Morgan bought in a bag directly from a bank in DC in 1960-61 time frame. It toned gold with some irridesent violet highlights. Because I graded it MS66, but was paying too much to have it constantly returned as "questionable toning". I finally just dipped it to stop the cash drain in mail and PCGS' fees. It finally did come back as a 66, but I view it as completely ruined since the history is gone.
AS for those who don't like or understand the toned coin "fad" I have no problem, because they seem to be reacting just the way I do to "Modern Art" and ugly Picasso-type abstract painting. I don't understand it, or the sophicated Museums worldwide pay millions for paintings worth a $2000 80 years ago.
As to the Peace Dollar of Ron-- All I can say is I've seen plenty that were known to be NT by their long history in top collections-where they started directly issued by the bank/mint/Fed. Like Ron's coin, the majority of Peace $1's seem to have a "pinkish" hue of toning blending sometimes with other colors-often green. I'd almost call it Peace Dollar pink-- the best one I saw was at Rare Coins of New Hampshire's Baltimore table:---A Key 1934-S (PCGS 65) with these colors with a Trends retail of $5000 at the time-- I offered $6000 and they laughed at me.
Last point-- the discription of toning by Ron can give anyone a clear way to figure out how a coin toned--it really does follow all the laws of phyics and high school chemistry. Most of gotonings coins just make zero since if you think there toning history through. The "Great Problem Peace" would never have fooled anybody at $55, but it looks to have been altered and spruced up to give it many of the key color diagnostics that experienced collectors use to detect frauds. Still the center was very "burned out", apparently by too much chemicals/heat --a tip off for everyone to check for in future.
Comments
What I think is interesting about the comments in this thread and many others since Peacegate broke, surround the market crashing on toned coins or toned coins being a fad etc. If every single person who post to this board were to decide to stop collecting toned coins........honestly it would have very little impact on the overall market for toned material. I think Ebay, Heritage, Teletrade etc have proved that their is a strong global market out there for toned material and since probably half the forum members don't even collect toned material and never did.........how aragant of some folks on here to feel like the PCGS forum is the barameter for the entire coin collecting world.
Peacegate has very little seepage outside of these walls.....is there some...absolutely as dealers and collectors alike post here but this isn't like the Y2K panic where it a nationwide crisis........
Simple rules apply here......If you like toned coins...collect them and pay what you feel a particular coin is worth. If you don't like toned coins.....don't collect them and if you must state your opinion then by all means do so and move on. The horse is officially beaten on this subject.....if I were to start 30 posts in the next few weeks talking about the demise of the white coin market and how stupid collectors are for buying dipped out white widgets etc.......I would be run out of town.
<< <i>Great coin Ron......looks even better in hand.
What I think is interesting about the comments in this thread and many others since Peacegate broke, surround the market crashing on toned coins or toned coins being a fad etc. If every single person who post to this board were to decide to stop collecting toned coins........honestly it would have very little impact on the overall market for toned material. I think Ebay, Heritage, Teletrade etc have proved that their is a strong global market out there for toned material and since probably half the forum members don't even collect toned material and never did.........how aragant of some folks on here to feel like the PCGS forum is the barameter for the entire coin collecting world.
Peacegate has very little seepage outside of these walls.....is there some...absolutely as dealers and collectors alike post here but this isn't like the Y2K panic where it a nationwide crisis........
Simple rules apply here......If you like toned coins...collect them and pay what you feel a particular coin is worth. If you don't like toned coins.....don't collect them and if you must state your opinion then by all means do so and move on. The horse is officially beaten on this subject.....if I were to start 30 posts in the next few weeks talking about the demise of the white coin market and how stupid collectors are for buying dipped out white widgets etc.......I would be run out of town. >>
In a word... Amen!
AS for those who don't like or understand the toned coin "fad" I have no problem, because they seem to be reacting just the way I do to "Modern Art" and ugly Picasso-type abstract painting. I don't understand it, or the sophicated Museums worldwide pay millions for paintings worth a $2000 80 years ago.
As to the Peace Dollar of Ron-- All I can say is I've seen plenty that were known to be NT by their long history in top collections-where they started directly issued by the bank/mint/Fed. Like Ron's coin, the majority of Peace $1's seem to have a "pinkish" hue of toning blending sometimes with other colors-often green. I'd almost call it Peace Dollar pink-- the best one I saw was at Rare Coins of New Hampshire's Baltimore table:---A Key 1934-S (PCGS 65) with these colors with a Trends retail of $5000 at the time-- I offered $6000 and they laughed at me.
Last point-- the discription of toning by Ron can give anyone a clear way to figure out how a coin toned--it really does follow all the laws of phyics and high school chemistry. Most of gotonings coins just make zero since if you think there toning history through. The "Great Problem Peace" would never have fooled anybody at $55, but it looks to have been altered and spruced up to give it many of the key color diagnostics that experienced collectors use to detect frauds. Still the center was very "burned out", apparently by too much chemicals/heat --a tip off for everyone to check for in future.