Toners, classics and the local coin show. POST A TONER!
Griv
Posts: 2,804 ✭
I hadn’t been to a coin show since I was much younger so when a coin show came to a city nearby I thought I would go have a look. It took a while to get there so I thought about the shows that I used to go to with my Mom when I was a kid. Things hadn’t changed much from what I remembered, other than I didn’t have to tippy toe to see the cases, but nor would I expect it to have.
I wandered around for a couple hours carefully looking through each display while being careful not to block any would be buyers. It was an interesting assortment of classics and moderns, some world coins, currency, tokens, etc. I had several pleasant conversations with different dealers and most seemed eager to help even though the show was fairly busy at the time. I enjoyed looking at the people interact, shrewd looking men holding grey sheets haggling with dealers, men and woman lost in buckets of coins, looking for that missing or upgradable gem. There were young people and older people, couples, families and people of many nationalities.
I think what is a big part of collecting classics is that dig, the endless hunt for a coin just a bit better than the one you have with an occasional diamond in the rough find that just happened to be at the bottom of the stack.
What I thought seemed odd to me was an almost total lack of bullion coins, few slabbed and most raw. I took along 1 coin that I considered selling, an 87 PCGS MS70 $5 gold, which is pop 6 in this grade but a fairly reasonable coin to purchase, but even dealers advertizing that they buy all coins wouldn’t make an offer on the coin.
In a way it seemed to indicate that the reason so many classic collectors/dealers are somewhat negative toward bullion is that it simply doesn’t exist in any significant amount within their buying/selling environments. There seems to be enough of a riff between the classics and the moderns but the bullion coins are apparently another beast altogether with most of the bullion sales being done online.
This is not a dig in anyway as I said, I had a good time and enjoyed looking at the different coins. In fact, I actually bought one of those ancient coins (anything before 1986 is borderline ancient, which according to my daughter includes me
) at the show. It was the finest looking toned coin there and had a decent PCGS grade, which I hope lessens the potential for it to be AT. I have to totally blame/credit the members here for getting me interested in toned coins due to the absolute amazing toners that people post. I will post a picture once I get it and I would love to hear any comments since I don’t know anything about it except it’s a MS66 and one awesome toned Morgan. IMHO
If you’re in the mood, then post some of those awesome toners.
I wandered around for a couple hours carefully looking through each display while being careful not to block any would be buyers. It was an interesting assortment of classics and moderns, some world coins, currency, tokens, etc. I had several pleasant conversations with different dealers and most seemed eager to help even though the show was fairly busy at the time. I enjoyed looking at the people interact, shrewd looking men holding grey sheets haggling with dealers, men and woman lost in buckets of coins, looking for that missing or upgradable gem. There were young people and older people, couples, families and people of many nationalities.
I think what is a big part of collecting classics is that dig, the endless hunt for a coin just a bit better than the one you have with an occasional diamond in the rough find that just happened to be at the bottom of the stack.
What I thought seemed odd to me was an almost total lack of bullion coins, few slabbed and most raw. I took along 1 coin that I considered selling, an 87 PCGS MS70 $5 gold, which is pop 6 in this grade but a fairly reasonable coin to purchase, but even dealers advertizing that they buy all coins wouldn’t make an offer on the coin.
In a way it seemed to indicate that the reason so many classic collectors/dealers are somewhat negative toward bullion is that it simply doesn’t exist in any significant amount within their buying/selling environments. There seems to be enough of a riff between the classics and the moderns but the bullion coins are apparently another beast altogether with most of the bullion sales being done online.
This is not a dig in anyway as I said, I had a good time and enjoyed looking at the different coins. In fact, I actually bought one of those ancient coins (anything before 1986 is borderline ancient, which according to my daughter includes me
) at the show. It was the finest looking toned coin there and had a decent PCGS grade, which I hope lessens the potential for it to be AT. I have to totally blame/credit the members here for getting me interested in toned coins due to the absolute amazing toners that people post. I will post a picture once I get it and I would love to hear any comments since I don’t know anything about it except it’s a MS66 and one awesome toned Morgan. IMHOIf you’re in the mood, then post some of those awesome toners.
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Comments
<< <i>
What I thought seemed odd to me was an almost total lack of bullion coins, few slabbed and most raw. I took along 1 coin that I considered selling, an 87 PCGS MS70 $5 gold, which is pop 6 in this grade but a fairly reasonable coin to purchase, but even dealers advertizing that they buy all coins wouldn’t make an offer on the coin.
In a way it seemed to indicate that the reason so many classic collectors/dealers are somewhat negative toward bullion is that it simply doesn’t exist in any significant amount within their buying/selling environments. There seems to be enough of a riff between the classics and the moderns but the bullion coins are apparently another beast altogether with most of the bullion sales being done online. >>
Most coin dealers sell bullion as bullion. The graded bullion (the MS70's at least) is rather unpopular amongst mainstream dealers.
<< <i>Here is a PCGS 66 for you.
Hey Lloyd, my goodness that's gorgeous!!!
<< <i>Here is a PCGS 66 for you.
The one I picked up is not as intense as that one but has a nice color spread and very nice obverse detail. The reverse has more of tone ring then yours so it rakes a bit from the blast white but still very nice.
8 Reales Madness Collection
http://forum.collectors.com//attachments/1897-sr (3).jpg
First one Ms-64 tougher date
Second one ms-65 also a tougher date
Rainbow Stars
That penny and the 58 are especially sweet. I hope I don't get hooked on these, I got too many coins as it is. Somebody save me from myself.
Edited to add that 55D penny as well. DANG!
PCGS MS65:
PCGS MS63:
PCGS MS63:
NGC MS63PL:
Ken
-Paul
P.S. Sorry, I just noticed how big it was ;P