The Toning Premium Thread Part 2

I wouldn't say it was very strong money like @EyeAppealingCoins , but I see where he's coming from. In my experiences, Roosevelt Dimes have been hard to sell for much of a premium unless the colors are very strong. The experiences of others may vary though.

 

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Double duty for this one:
https://www.cointalk.com/threads/to-star-or-not-to-star-official-game-thread.332059/page-23
...sold last week (so please don't guess if you know).
Guide for a 67 is
NGC: $2,600
NUMISMEDIA RETAIL: $1,940
Recent sales: $1,200-$1,900

 

$1500

 

The price guides are a joke. Generic NGC 67s are selling in the $10-$15 range so a guide putting it at $30+ already has a 2x+ premium built into it. In March/April of 2009 DLRC sold 4 generic NGC 67 coins in separate auctions for $24 each.

 

That’s not my experience. I bought an MS65 1946 for $81.50 in 2007, and sold it for $95 in 2012. It retails for $10-$12. I had a collection of toned Roosevelts and the market was quite lively.



That said, it appears the bottom has fallen out of the entire Rosie market. It’s a shame, it’s a fun series to collect.

 

The pictures leave a lot to be desired. I bet it looks much better in hand. Since you can lot view at GC if in California, the sale price will likely not reflect the images and be difficult to predict. That said: $1750.

 

The market has definitely deteriorated.

 

It can certainly be fun. And I can't speak for the market in 2012 (I wasn't paying attention to dimes back then), but in the 2015-2019 period the market has appeared relatively weak for nice but not monster Roosevelt Dimes.

This was the example I had. It had a nice crescent of colors on the reverse and a small but still nice crescent on the obverse. I had it up for $50 with no takers and finally sold it for $35 (paid around $25 for it in 2016 and sold it in 2018).

https://www.instagram.com/p/BkGv5rKATBU/

 

So what, I just scrolled through the Heritage archives and saw plenty that sold for $50 or more. Furthermore, I didn’t see any in the $10-$15 range.

It seems you want the price guide to reflect the lowest price that a coin achieves as opposed to an average of auction results. It doesn’t work that way.

 

That's quite possible, but I don't see how those dark spots/toning around the top of the reverse look much better in hand. Plus, I'm guessing very few people lot view (at least compared with the other auctions, like Heritage and Stacks). Although even a few people seeing it could be enough to bid the coin up.

 

That's not my intent. But when I noticed multiple examples selling for the same lower price, I consider that a basal level for the grade. Premiums and percentages should be reported based on that unless it is unusually strong for the grade. That's also not a snipe at the coin. I like it, but don't consider it to be almost no premium at all. It's closer to 3x.

 

Fair enough, but I still don’t consider 3X “strong money”. The real problem with the coin is that it is plainly overgraded and the toning isn’t enough to sustain the premium of the actual grade of the coin, even back in the time period that I owned it, 2007-2012.

 

I can be melodramatic sometimes. (I'm guessing you've already noticed that. )

 

$2,750

 

Maybe, but your point about time of sale was just validated. I bet I couldn’t sell that coin for even $50 today, much less $70.

Now that I know how cheap they are, I might start collecting Roosevelts again.

 

$1325

 

$2,222.22

 

$2050 I am not sure that this one should have qualified for the Star.
Not really that appealing to me.

 

$2850.49

 

$1250. I’m really struggling with the toning...