The Toning Premium Thread

What's the grade?

 

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ms64

 

How about $175?

 

$250

 

A classic crescent toned Morgan Dollar with pretty but not exceptional eye appeal. This is a better date with Numismedia wholesale currently at $110. The premium of a toned coin is highly dependent upon the wholesale price. Coins with lower values will often drive higher premiums in relation to wholesale values than coins with higher values. As a result, higher graded coins and better dates will drive less of a premium than the common date/grade coins. If this coin was an 1879-S, I would expect the premium to be 3X wholesale, but since it is an 1879 with a higher wholesale value, my guess is that you got for less than 2X wholesale.

I guess $202.

 

Seasnake (all full of himself and perhaps a tot of rum) says $155.

 

Is the grade rlm stated correct? If it is slabbed, whcih TPG?

 

it is pcgs ms64. sorry at work. will check back in when I get home.

 

I will be a jerk and say that if "book" value is $110, I might say $130. It is not much toning, not terribly attractive, so I do not think there should be much or any premium for toning. I myself would pay "book" for it, and not worry about the toning.

Not attacking you or your coin Bigjpst, just sharing how I would value it.

 

I'd probably prefer a blast white to this one... crescent toning doesn't do it for me at all.... If I'm gonna pay a premium, then most of the coin will have color.

will guess $150

 

$155 for me.

 

$166.28

 

Actually, I would say that there are two other factors that are equal or even more important in estimating the value of a toned coin -- the overall look of the coin (i.e. monster toned or average toning) and the demand for the coin type toned (i.e. is it a MS Morgan or a PR 3CS).

Regardless of my quibbling, you make a great point, and it's a point that is often lost on newer collectors who would be well served to read it a few times to be sure they understand what you're getting at. To say it a bit differently, "in general, toning premium is inversely related to the price of the coin untoned". It also makes more sense if you think of a toning premium not as "a multiple of greysheet", but rather as "a dollar amount over greysheet".

That said, I think the whole "multiple of greysheet" is a good way of thinking of things when you're talking about coins like toned morgans or commems, that commonly get 2x and above premiums. That line of thinking breaks down a bit when dealing with type coins which are, in my opinion, better judged by where their price falls between the given grade and the price of the next grade up. But that's another discussion for another time.

 

Well I guess I can't expect much closer than this. with buyers premium I paid $149.50. I bought it with the intention of selling. I was hoping that it would bring close to 2X book listed on the bay and bidding didn't even get to $110. Not a real expensive lesson because I am putting together a Morgan set and don't have this hole filled yet(although I was planning on saving up for a 65.) So bahabully I guess you're up. Thanks for the insight. At least I know now I wasn't way off base.

 

No offense taken, I am the same way. While I like the looks of toning I will not pay a hefty premium. Cant afford it

 

Yea I was $5.50 off...that as close as I'll get I bet as I have alot of learning with these toners to go.

Baha I bet yours is going to be nice...

 

This thread started as a challenge to guess what the owner paid for his toner, which requires the owner to post the date of purchase. I've noticed that people have been guessing what they might pay in today's market. Would you like to clarify this?

PS: sorry if you clarified this during the thread and I missed it.

 

I have a few that I'd like to post to hear the toning pro's feedback,,
Have posted this before,, probably one of my recent posts,,, so no cheating. If you've seen the $ paid, then pass this round, but feel free to offer comment. don't think any of the toning specialists offered comment on this when I posted it,,, so here's a second chance to let us know what you think of it....
.. reverse is blast white, I can post the rev if anyone feels it's necessary, but it's a pretty standard white franky reverse. This is my favorite toner I own for a couple reason.

 

I'll guess the Frankie sold for $130

 

How about $31.66