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My hubby says that toned coins are a fad........ Soon to die out

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  • 500Bay500Bay Posts: 1,109 ✭✭✭
    They may or may not be a fad - but they will continue to change colors and not stay the same colors you bought them.
    Finem Respice
  • Ask your hubby what will the next fad be so we can all cash in on massive profits?

    Cameron Kiefer
  • krankykranky Posts: 8,709 ✭✭✭
    I think there will always be an interest in toned coins. They can be very attractive.

    Will toned coins be able to command high premiums in the future? I'm not so sure.

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

  • BarryBarry Posts: 10,100 ✭✭✭
    He's a smart man.


  • << <i>I think there will always be an interest in toned coins. They can be very attractive.

    Will toned coins be able to command high premiums in the future? I'm not so sure. >>



    I'd agree here... nice, eye appealing coins (with or without great color) will always command a premium. However, the days of the outrageous premiums for monster toners seems to be over, at least for now.
  • fcfc Posts: 12,793 ✭✭✭


    << <i>He's a smart man. >>



    i agree. countless old timers clearly explained to us the blast white
    versus toned goes in cycles.

    also countless experiments and posts have shown that AT coins
    are labeled and slabbed, they can be produced on demand in
    simple napkins, and etc...
  • OPAOPA Posts: 17,143 ✭✭✭✭✭


    << <i>They may or may not be a fad - but they will continue to change colors and not stay the same colors you bought them. >>




    True, in time, all silver coins will have one thing in common ... they will turn black & become unrecognizable ...image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • StellaStella Posts: 720 ✭✭✭✭✭
    But wait... RickO says you need to dip all of your coins... image
    Coin collector since childhood and New York Numismatist at Heritage Auctions.
  • I think there will always be a demand for nicely toned coins.
    "College men from LSU- went in dumb, come out dumb too..."
    -Randy Newmanimage
  • PerryHallPerryHall Posts: 46,881 ✭✭✭✭✭


    << <i>I think there will always be a demand for nicely toned coins. >>



    And there will be plenty of coin doctors to meet this demand.



    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,621 ✭✭✭✭✭
    HipHuggers are a fad
    Tree Huggers are tools
    Toner Huggers are geeks
    image
    Husbands just need good huggers.
  • Listen to your husband.
    I've seen a lot of fads come and go since I started collecting.
    It won't be long and white coins will be all the rage again.

    Ray
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    1. not all toned coins command a premium just as not all untoned coins command a premium.
    2. not all toned coins will change in time. in fact, if the "toning agent" is removed from the surface of coins and they are stored properly in a stable environment they should remain stable almost indefinitely. the same can be said for untoned coins.
    3. i'm not so sure what we're seeing is a "craze" or a "fad" or anything else a catch-phrase might describe. attractively toned coins have always been popular---perhaps to a greater or lesser degree---and probably always will. the increased popularity and the attendant problems caused by that are more a function of the almost 10 year up cycle and other variables such as collectors getting older/dying and the hobby being energized in a fashion which is altogether unique. from that perspective i don't think a comparison between the past decade and any other time in the history of Numismatics is valid.
    4. as long as intelligent collectors seek Originality, toned coins will remain a stable investment in the long term. despite all that's transpired lately, that undisputable fact remains.
    5. todays lesson in grammar begins now!!! I say there here to stay. is just wrong: there are two variations which might make it correct.
    -----I say there, here to stay???
    -----I say they're here to stay.

    i say they're here to stay and i also say i'm here to stay regarding toned coins. i collect brilliant blast white gems but have come to appreciate the uniqueness of attractive toning and buy accordingly, being careful not to get "buried" with either genre. there is plenty of room in the hobby for collectors of both which has resulted in a vibrant market and wonderfully bombastic threads at this site.
  • fcfc Posts: 12,793 ✭✭✭
    keets, if there is one thing i have learned about this hobby is that
    many coin collectors love to mess with coins.

    to assume we can even tell if a coin is originally toned is the height
    of folly.

    about the only toned coins i consider original are almost black/brown.

    the so called monster toners in many cases is just a guess considering
    how quick they can be made. there is always exceptions of course.
    but most coins i used to see on anaconda's website made me chuckle
    then and now for example. an obviously cleaned coin with new color.... comes to mind. you know the one. how many others did we
    miss? hmmm

    image
  • notwilightnotwilight Posts: 12,864 ✭✭✭
    You need to defined toned. If you mean natural looking coins they I disagree. If you mean psychodelic coins then they will probably die out in popularity as more and more fakes challenge the collector. --Jerry
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    fc, that is true enough, but to state other absolute things like toned coins will always keep changing and things of that sort are the types of replies that really wrankle me.

    i PM'd the OP to suggest she should perhaps educate herself and seek those who are better informed than either of us. as for being able to tell original toning from AT, i do in fact believe it is possible with experience the same as being competant at grading is possible with experience. your notion seems to be that since there are problems with AT, not much can be trusted, so toned coins should be avoided; that is probably good for you and other like-minded collectors. i feel it is a poor blanket statement to make on an open forum to a newcomer seeking advice. as in most things in life, the grey area is larger than the black and white so it's probably better to advise from that standpoint.

    either of the extremes-----toned coins should be avoided -or- toned coins are safe-----are just bad advice from my experience.
  • BochimanBochiman Posts: 25,556 ✭✭✭✭✭
    Stefanie,

    Is this the same husband who is still wearing his bell bottoms and tye dye shirts? image


    There is some truth to what he says....things cycle. One thing that people, who treat the old-timers' advice as gospel, don't seem to take into account is the dispersion of information nowadays.
    This is a plus/minus for coins.....

    Plus that people can see pics of the coins, learn what others believe is natural, or not, and also learn what dealers/doctors do to dip/clean/work on coins.
    The minuses are that people can learn how doctors "fix"/tone/etc coins and try to replicate as well.

    So, will it be a cycle? Likely. How much? Who knows.
    As for commanding a premium? No one should pay anything more than they can afford to just throw away. If a collector wants to pay a premium, do it for a coin you like, but consider that money thrown away and, if the coin, when sold, sells for enough of a premium to recoup the purchase price, then consider that a bonus/found money.

    I don't pay HUGE premiums for toned coins, but I do pay some premiums, if I have to and I want the coin. I also pay premiums for nicely struck coins or coins with better luster than others. When I go to sell them, I may not get the same premium, but at least I go into it knowing 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

  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    I do not recall ever paying a huge premium for toned coins, with the exception of a couple of relatively inexpensive Battle Creek Morgans (and we all know that these are naturally toned image ).

    I have paid modest premiums for original coins, and especially coins that are more attractive than average for the grade or price. I think that the high premiums for "monster" toned coins has already been dramatically reduced over the past couple years.

    Collect what you like.
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    I just saw a MS66 toned Stone Mountain on L's site for like $4,400... isn't this like a $400 coin w/o color image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • MikeInFLMikeInFL Posts: 10,188 ✭✭✭✭


    << <i>I do not recall ever paying a huge premium for toned coins >>



    Neither do I. Specifically, I try to NOT pay a huge premium for toning. However, one has to ask oneself -- do we even know?

    What I mean by that is this: In many cases the TPGs have given the coin a bump in grade because of the toning. For example, a darkly toned proof coin with hairlines may be only a 62 or 63 if it didn't have toning, but because it does, it gets a 64 grade (i.e. the old eye-appeal bump). Therefore, did we, unknowingly, pay a premium for that coin? I think so, and this is part of the challenge in puchasing toned coins -- the premium might have been built in by the TPG.

    Respectfully...Mike
    Collector of Large Cents, US Type, and modern pocket change.
  • HadleydogHadleydog Posts: 1,588 ✭✭✭
    Actually, I would say that blast white coins are more of a new fad...................

    New Fad?
  • MikeInFLMikeInFL Posts: 10,188 ✭✭✭✭
    p.s. to address the OP's question, no, I think toned coins are not a fad and they aren't likely to die out. However, I do think that the market for "monster" toned coins (particularly those that fetch ridiculous premiums like 10x) have room to decline. But I don't think the appeal (nor the premium) of toned coins will ever go away.
    Collector of Large Cents, US Type, and modern pocket change.
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  • SkyManSkyMan Posts: 9,515 ✭✭✭✭✭
    Stefanie, you are the wife!!! Shouldn't you be telling your husband he's wrong? I know that's there somewhere in the wife's manual about how to deal with husbands. image
  • PCcoinsPCcoins Posts: 3,354 ✭✭✭
    Well, those mint sets from 47-58 created some "monster toners" in registry quality grades. And they are 100% original. So its hard to say that the market for natural rainbow toned gems will decrease, at least from the mint set years, as we know mother natural was quite nice to grace us with some very eye appealing coins. And the same goes for bag toned Morgans, with amazing toning. But as for paying 10 times retail for beautiful toners 5 - 10 years from now? I couldn't tell ya. image
    "It is what it is."
  • TheRegulatorTheRegulator Posts: 1,232 ✭✭✭


    << <i>image >>



    That's a nice toned coin.
    The Tree of Liberty must be refreshed from time to time with the blood of patriots and tyrants. -Thomas Jefferson
  • Stefanie,

    what prompted this response? Were you just having a discussion, or was that a response to seeing a receipt?image




    Just curious, as I've seen similar responses to purchases I've made.image
  • No, they were a fad in 2005. Now there's a solid and consistent market for them.
  • jhdflajhdfla Posts: 3,030 ✭✭✭
    To each his own. Some of us who go back a ways prefer originallity. Insofar as silver is concerned, that means toned coins, NOT blast white. Long live Wayte Raymond coin albums!

    john
  • Not a fad, a fashion that goes in and out of style. The big thing to consider is that odds are high that more pretty toners are being made every day, and more are getting into top tier holders every day. This is not a certainty, but the evidence is strong. Pretty toners attracted a lot of attention back in print catalog days, but there are like ten times as many now as back in the old days.

    If a person knows what is going on and still wants to pay a premium (big or small) for a particular look, then that is their business. As always collect what you like, at prices where you can enjoy the hobby.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    It is a cycle, indeed. However, there are always those that will stay in the cycle... witness the old hippies on the commune's or in Woodstock.. still high, but dying out. So some will seek original, uncorroded coins, while others will look for psychedelic colors.. and of course, the real collectors who collect the coin for itself - condition, crust, some transition from as struck color... there will always be the lemmings, those that collect the latest 'fad', promoted on the forum and at shows. Fundamentally, collect what you like - and enjoy what you collect - to hell with everyone else. Cheers, RickO
  • TomBTomB Posts: 22,091 ✭✭✭✭✭
    Regardless of if one likes toned coins, untoned coins or both, the market in general has had strong appreciation for untoned coins over the years. However, truly attractively toned coins have commanded a premium over the years. At least no one is forced to pay this premium.
    Thomas Bush Numismatics & Numismatic Photography

    In honor of the memory of Cpl. Michael E. Thompson

    image
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  • jfoot13jfoot13 Posts: 2,677 ✭✭✭
    beauty is in the eyes of the beholder..... and some will always pay dearly for it , colored or not
    If you can't swim you better stay in the boat.......
  • BAJJERFANBAJJERFAN Posts: 31,392 ✭✭✭✭✭
    Toned coins seem to be doing ok on TeleTrade.
    theknowitalltroll;
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,621 ✭✭✭✭✭
    There are a few worth hugging. I'll concede. They are not a fad.
  • coinsarefuncoinsarefun Posts: 21,760 ✭✭✭✭✭


    << <i>Stefanie,

    what prompted this response? Were you just having a discussion, or was that a response to seeing a receipt?image




    Just curious, as I've seen similar responses to purchases I've made.image >>














    You hit the nail on the headimage

    We came to Palm Springs for few days of R&R
    I hit the casino, they weren't paying so I draged him
    To a few local coin shops. While we were having coffee he made a comment
    Saying that most of the coins I buy are toned. Now most who know me know
    That I don't go for wild toned coins rather nice thick skinned coins with nice
    Toning catch my eye.

    He also said that he hopes that toning is not a fad and eventually
    When I sell them that people will still like them.

    I replied that nice original, toned coins will never go out of favor( imho)
    I was not speaking about wild toned coins.

    He again replied that he hoped that I was right.

    Now, I myself have never paid huge premiums for my toned coins.
    But, I did think it was a valid point he raised!




    Sorry about the weird typing, but it's not easy typing on
    These stupid iPhones!!! image













    Stefanie
  • Ehh, I'd say he's just voicing a concern that many spouses have. He will surely remember that you have a super eye for quality and interesting pieces. I haven't collected long enough to know if all of this toning business is a fad or not, but I've seen many of the coins you post. You have my support!image


    image
  • lordmarcovanlordmarcovan Posts: 43,893 ✭✭✭✭✭
    I think certain aspects of it are faddish.

    They'll always have a strong appeal, I think, so they're here to stay.

    But I think some of the red-hot, faddish demand will cool a little bit over the long term.

    I say you're both right. image

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
  • Dang Keets is my hero....he pretty much clarified a lot of the incorrect statement made in this thread and I could have said it better. Toned coins are not a fad just ask Mike Defalco or any of the other toned coin dealers who have managed to stay in business for 30 years. Are the prices as strong now as they were 3 years ago when the Batttle creek Morgans came out......for most coins I would say no. It is a continuous cycle of peeks and valleys as is the case with untoned coins and I for one am happy for some relief in prices. I am in it for the long hall as all I want are beautiful and colorful coins....yes even with wild colors because I know what I am looking at as far as AT vs NT. If I can get them cheaper now....that just means I will have more nice coins in the future image
  • I can't imagine why anyone would prefer Artificially White (AW) coins to beautiful, naturally toned coins. Of course attractive naturally toned coins should command a premium over their generic, widget, artifically white counterparts !!!! The only fad is the insupportable preference for coins that have been conserved, dipped, stripped and have unnaturally altered surfaces.

    I'll take this anyday ...

    image

    Best,
    Sunnywood
  • AnkurJAnkurJ Posts: 11,370 ✭✭✭✭
    I think they already have slowed down significantly.
    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
  • I don't believe words like fad or cycle should be word used to describe a hobby.
  • AUandAGAUandAG Posts: 24,942 ✭✭✭✭✭
    Like who's going to wear a bikini? Just a fad.

    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • GoldbullyGoldbully Posts: 17,972 ✭✭✭✭✭


    << <i>I can't imagine why anyone would prefer Artificially White (AW) coins to beautiful, naturally toned coins. Of course attractive naturally toned coins should command a premium over their generic, widget, artifically white counterparts !!!! The only fad is the insupportable preference for coins that have been conserved, dipped, stripped and have unnaturally altered surfaces.

    I'll take this anyday ...

    image

    Best,
    Sunnywood >>




    I'm with Sunnywood!!!! image
  • coinsarefuncoinsarefun Posts: 21,760 ✭✭✭✭✭


    << <i>Stefanie,

    Is this the same husband who is still wearing his bell bottoms and tye dye shirts? image


    There is some truth to what he says....things cycle. One thing that people, who treat the old-timers' advice as gospel, don't seem to take into account is the dispersion of information nowadays.
    This is a plus/minus for coins.....

    Plus that people can see pics of the coins, learn what others believe is natural, or not, and also learn what dealers/doctors do to dip/clean/work on coins.
    The minuses are that people can learn how doctors "fix"/tone/etc coins and try to replicate as well.

    So, will it be a cycle? Likely. How much? Who knows.
    As for commanding a premium? No one should pay anything more than they can afford to just throw away. If a collector wants to pay a
    premium, do it for a coin you like, but consider that money thrown away and, if the coin, when sold, sells for enough of a premium to recoup
    the purchase price, then consider that a bonus/found money.









    Hey Ron you found out he stills wears bell bottoms????



    Stefanie

    I don't pay HUGE premiums for toned coins, but I do pay some premiums, if I have to and I want the coin. I also pay premiums for nicely struck coins or coins with better luster than others. When I go to sell them, I may not get the same premium, but at least I go into it knowing that. >>

    image
  • fcfc Posts: 12,793 ✭✭✭
    amazing how so many people forget how a lot of these toned coins
    were produced enmasse. only a small portion of it is made public
    for us to learn about. ms70 proof IHCs for example.

    people on this forum claim to know the coin docs, heard of their
    recipes, dealers buy from them to sell to collectors... there is such
    a shady side of toned/messed with coins that i think many are in
    denial.

    taco bell napkins summarizes the potential for havoc nicely.
  • To go a little farther on some of the comments here ("Attractively toned coins will likely always be in demand.), I would add a caveat. What is considered "attractive" could swing dramatically around the range of degree of tarnish.

    I am constantly amazed at the kudos that flow on this site to what I consider absolutely ugly, tarnished coins. I can appreciate subtlely tarnished coins as being genuinely beautiful. Much beyond a whisper of color and you can't even discern the surface conditions or images of the coin. Might as well just let a planchet accrue color. Having said that, there is no right or wrong. Collect what you like.

    By the way, it would be a breath of fresh air if the hobby would drop the politically correct marketing-speak of the phrase "toning" and call it what it is, "tarnish". That is certainly how the rest of the non-numismatic world refers to it. They wouldn't even know what we were referring to if we say "toning". Funny how even a "hobby" such as coin collecting is not remiss to puff up descriptive terms to enhance marketability. For instance, what is good about a coin in "Good" condition? Most non-collectors would see it as one step above scrap metal. But it is hard to generate much of a premium by designating a coin as being in "WS" condition (worn-slick).

    It's a fascinating pastime!
  • That's okay, I like tarnished coins, too.
    image
    image

    I know a lot of people would find this half dime unattractive because of its dark tarnish or toning, but I really like it in hand-it looks reflective black and gold, and very un-messed with. It is to me a nice example of a mid-grade coin that fits a need in my die variety set.
    "College men from LSU- went in dumb, come out dumb too..."
    -Randy Newmanimage
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