(Toning) The Future of Coins?

I would ask to hear the opinions on the future of coins as related to toning. We have all seen certain toned coinage fetch unbelievable premiums. I can tell you that in the world of Toned Franklins they are sometimes 20x their non toned counterpart.

Likewise if you search many of the top sellers on eBay they are all selling toned coinage, and in volume. If you search the “Let’s see your newest acquisition” thread you will see hoards of toned coins, as well as highest number of bids in ebay auction format (all toners).

So my question is are toned coins the future of the coin market? Have they surpassed key-dates, or at least semi-key dates in value? It is fairly obvious that these coins are in high demand right now, but how about in 20 years? To put a twist to it, what if the coin world was oversaturated with tonnage?
I was actually thinking about the 25[SUP]th[/SUP] Anniversary ASE set prior to starting this thread. How high will the prices go?

 

Log in or Sign up to hide this ad.

I personally love toning and dont care about paying a premium.

 

I personally hope its not the future of coin collecting, I like my coins blast white, although I know for older coins to impossible to find a natural blast white coin that hasn't been dipped. But although if it is the future, that could be okay, as it would mean the demand for original coins will go down, therefore so will the price

 

I personally see the toning fade ending badly. The toning is surface damage and I don't like damage on my coins. I realize I am probably an outlier here as this is exactly why I clean dirt/grime of my coins, I don't want it to eventually corrode the surface below.

 

Sorry, but my personal opinion is prices are not reproducible, no standardization or really even a good way to estimate value, I find them to be a bubble like many this hobby has seen. Search roll craze, large date/small date, or many other crazes this hobby has been through.

If you like them, good for you. If you are a dealer in them and make money, good for you. If you are someone who believes they are making a good long term investment, I would be worried.

To be completely honest, I have personally seen prettier, more NT looking toning done in a few hours, created from white coins. Way too easily reproducible, and as soon as buyers truly see that fact the premium bubble I believe will deflate.

P.S. And no, I will not give anyone directions on how to do it. However, I am not the last person on earth who knows how to do it. A few could be selling them as we speak. Just being real.

 

I have no opinion on this matter.. lol Some toned coins do look nice but I do not go out of my way to look for them

 

I dont mind toned coins, especially on ancients. I actually bought 2 just cause of the toning they had, one is nearly deep black!, but it wasnt priced cause of its originality & it was old dealer stock so it was priced to move. But I do agree with some here who see it as a fad. I cant see paying high 3 or 4 figures for a toned morgan or some other modern silver. Whats to say 30 years or more from now that fancy toning just fades away and your left with a run of the mill $100 morgan?

 

Why pay a premium for a natural chemical reaction? Doesn't make sense to me, and it never will.

 

Even as a toned lover, I cannot believe some of the huge premiums they fetch. I do not pay these huge premiums for toned coins. I personally believe as the toning premiums go higher, the coin doctors will step up their game and artificial toning will get much less detectable. Especially when you are looking at images on the internet when buying. This makes me, as a toned coin collector, much more weary about purchasing toned coins. Whether they are in a slab or not. When I do buy one, it is simply because I like the coin and the color. Whether or not it's AT or NT does not play into it.

 

If stored properly then i dont think this is a big issue.

 

While I'm a fan of toned coins I don't see myself paying a huge premium for them. I tend to go for slight to medium toned coins, the heavily toned ones are usually out of my range. And even when they are in my range I always say to myself, I can buy two coins for that price. Which I guess sometimes its good to talk to yourself.

 

wow

 

Hello

What is the basis that you have for this statement? Generally, once a chemical reaction begins, it continues until it is out of substrate.

Amanada

 

I never meant to offend you or Lehigh or others with my post sir, and I hope you do not take it that way. The OP asked a question, and I just gave my personal opinion. I never meant to belittle anyone's collecting interest. I nearly didn't post due to worry about some collectors taking offense, but its just my opinion.

Chris

 

Im posting this thread scroll down to Lehigh96 and read about how restricting air slows down toning and can preserve them for long periods of time.

http://www.cointalk.com/t203581/

​

 

Others can comment better, but generally the toning reaction only occurs in a certain environment. Take that environment away and the reaction will stop. Its not a cascading, self reinforcing type reaction, more like a continued reaction in the presence of certain criteria.

I apologize for the poor technical description Chemists, its been 25 years since inorganic chemistry. I am sure you will correct me where my wording is wrong, (or the chemistry itself).

 

IMHO toning is just surface damage, and a current fad that will fade in the future. I'm probably alone in this, but I see nothing attractive about the coins in the starting post. But, that's just me.

 

My opinion is that due to history being how it is, there was a market for toning back then (somewhere) but then they stopped because people were ATing them and people were buying at said ridiculous prices. So then people were buying blast white. Now they invented the coin sniffer to help with toning and some people are getting genuine coins and managing to AT them in the slabs. (Thread somewhere else where a guy got caught selling these) They are getting much better at ATing coins nowadays.

As for my thoughts of future value? Who knows? I think it'll come in waves coming and going out of style. The prices for a nicely toned coin may reach the moon. And soon they may only be worth book value. WHo knows?

As for the 2011 sets being NT, I would love to see one and would make the pictures the background of my computer :yes:

 

This is real toning

 

I love toners because they are unique and will pay as high as my budget permits. I like Morgans, but to me a whole pile of blast white ones is monotonous. I would sooner have 10 nicely toned 1881 - S, than 10 different dates blast white. To each his own.