The Toning Premium Thread

given the premium that cruddy pic drove,, I don't think they are too ashamed.

 

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Shane has it. I spent $100 more than he guessed..... pretty toning nuts, huh?
Chaulk it up to angry bidding at FUN, which wasn't so fun cuz all the premium prices for everything this year... last year was funner imo,, we need another dose of recession.
Anyway,,, coin is cool, Green Lantern cool...... looks AT to me, which makes it a bit of a novelty in the holder imo. I like it, but $alty.

 

As long as you like it that's all that matters , I like it too , it would make a great X-Mas ornament . LOL
rzage

 

lol

 

Bicentenial toners

Hi guys awhile back I asked about these coins, I got them in a roll together out of a fed wraped roll while coin searching. Should I just run them through the local machine or is it something somebody would want? Someone said to post pics well here is the best I could do. And as I said before although I am rather new here I have a 300+ 100% pos ebay rating. THANKS JON

 

Someone might be willing to pay a premium if they are uncirculated? I would through them up on the Ebay and you might be surprised by the final auction price

 

Ok since I guessed closest on the last one here is one of my recent pickups at the 2011 Tampa FUN show....bought from a dealer table and not at auction. Currently in an MS63 holder but I don't see how it's not at least an MS64

 

$225

 

OK I have never auctioned coins before, Could anyone give me any hints? or how the best way and cheapest way to ship would be? No SORRY they would be circulated, Like I said they were all in one or 2 rolls of fed wrapped. I kinda wondered if they went through a fire or something in a safe maybe. Just seems kinda funny to get 25 to 30 bicens all together and toned. unless someone did it on there own but I do not see where they are all the same or anything dif colors and such? But I do not know alot about coins as of yet, ha Ha

 

That coin falls into the monster category IMO. My guess is a cool G ($1,000) at 25X wholesale. If that coin had gem surfaces, it would be on par with examples from the Simpson, Sonnier, Sunnywood collections and would drive $5K+ prices!

Every indicator on the coin points to NT and it is a wonderful representation of the "shadow effect." Even the toning correspondence is correct.

 

Love it , $485 , those reds are fabulous .
rzage

 

"If a coin has vivid rainbow toning, chances are that it was done by a coin doctor. Sorry about that. The point is, it's best not to pay much if any more for brillian or rainbow-toned coins."

Q David Bowers - Coin World, January 17th, 2011

 

I could never see myself making any comment considering the source other then to say I couldn't disagree more lol

 

Of course not. You deal in toned coins Shane. I would never expect you or any other toned coin seller to agree. It's just that the current "new" collectors should really know what the seasoned numismatists think.

 

the only time i have actually seen some rainbow toned coins is when they have been soaked in malt vinegar.

 

Can you give us the context of that quote please? In my experience, Bowers has always been leary of monster toned coins, but is equally as bullish on what he considers subtle natural toning. All that means is that his line for "market acceptability" would be further right on the scale I posted in the other recent thread on this topic.

I do not consider that quote to be particularly alarming. Bowers is old school, and most old school collectors do not support premiums in multiples of bid for rainbow toned coins. His recent comments are no where near as controversial as David Hall's comment last year that all rainbow toned Peace Dollars are AT.

 

The context of the quote is from his Coin World Column titled "Cherrypicking and thinking -- Smart buyers will do both". Since I cannot qoute the entire column, might I suggest you read it as he's encouraging folks to "think" before they part with their money on either high grade coins (which derive value on low populations which can change in an instant) or current market "trends".

 

$575

 

To be fair on this thread, I will voice support to toning collectors and say that extremely pretty rainbow toning has been around a lot longer than these premiums have. This mean it is NOT possible for all rainbow toned coins to be AT. Why would a coin doctor do this, risk ruining a nice white coin, for almost no premium?

While I have all of the respect in the world for Mr. Bowers, I cannot help believe that he was speaking of a certain subset of toned coins, or simply trying to scare new collectors away from highly priced toning until they themselves can learn which is NT versus AT. I love Mr. Bowers thinking both on high grade and toning, (and Paul will tell you I tend to agree with), but to insinuate all rainbow toned coins are AT is not true. I happen to have a gorgeous 1891 half with multi rainbow, (green, red, blue), toning bought in the early 80's that I am convinced is NT. I paid a little more than book for it, but the point is why would someone risk a good coin to add something with little value, (then)? That and the source, (well documented collection from a premiere dealers estate), leads me to believe it is NT.

Chris

 

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