The Toning Premium Thread Part 2

I'd say no...usually the small white holders are considered "old" but even those lasted into the early 2000s (but it is an easier cut-off point for old vs new).

 

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The ones with the "ANA" blue water mark text?

 

Or did you mean the new blue background with a white area for the grade typed in black?

 

I'm guessing he meant this generation:

https://coins.ha.com/itm/commemorat...ewItem-Auction-Archive-JumpLot-NextLot-050318

 

Then I'd knock a couple of hundred dollars off of my guess. I'm not saying that I agree with that and this is definitely the type of coin that I would happily cherry pick, but the reality is that the plastic has negative value in this case. I'd submit it to PCGS. It looks to be a very nice coin and should go gem. In PCGS plastic, the value would go up beyond my original guess.

I hate the current plastic obsessed nature of the coin market. I hate even more that I even need to consider things like plastic in a guess the price thread for toners.

 

There are actually 2 variations of the blue label holder, of which this is one. I don’t have it in front of me, but I think that’s the right one. I’ll update again when I get home.

 

Yep you're correct.
The other one is similar to the current yellow holder, but with a blue label.

Like the one in this link:
https://www.worthpoint.com/worthopedia/1922-silver-peace-dollar-anacs-ms62-1818790833

 

$865. Due to the slab. Pretty coin. I had a blue label 3 cent go from 62 to pcgs 64

 

Ok, bad picture, but it serves the purpose of showing the type of slab.

 

$1025

 

Reveal coming in a little over an hour, so get your guesses in soon!

 

And the winner is....

@ddddd with a guess of $1250.

Actual sale price: $1200.

 

Points table:
ddddd - 39.26 Points
Beefer518 - 31.26 Points
baseball21 - 26.61 Points
heavycam.monstervam - 23.51 Points
jtlee321- 23.02 Points
ddoomm1 - 21.51 Points
Duke Kavanaugh - 20.51 Points
Lehigh96 - 20.51 Points
jwitten - 16.51 Points
Mainebill - 15.01 Points
Johndoe2000$ - 14.51 Points
IBetASilverDollar - 14.01 Points
Pickin and Grinin - 13.01 Points
ron_c - 10.01 Points
Santinidollar - 9.51 Points
KSorbo - 7.51 Points
brg5658 - 7.01 Points
bsowa1029 - 6.51 Points
thomas mozzillo - 6.01 Points
kSigSteve - 6.01 Points
Bman33 - 4.51 Points
C-B-D - 4.01 Points
mumu - 4.01 Points
Night*Hawk - 3.01 Points
jpcienkus - 3.01 Points
Paddy54 - 3.01 Points
EyeAppealingCoins - 3.01 Points
Volante - 1.01 Points
moneycostingmemoney - 1.01 Points
Cascade - 1.01 Points
Physics-fan3.14 - 1.01 Points
Jebocement - 1.01 Points
charlietig- 1.01 Points
toned_morgan - 1.01 Points
Paul M. - 1.01 Points
LuxUnit - 1.01 Points

 

Floor is open (I’ll try to find something to post this evening if no one has one by then).

 

I’ve got one I can post in a bit. Meanwhile, can we talk about the lackluster premiums color toned SLQs bring? In my experience, anything nice with decent color is rare. I think mine and the one @Lehigh96 posted have been the only ones. (Coincidentally, had I had the available funds at the time of sale, those both probably would have been my coins!)

Is it a case of lack of supply suppressing demand? Are there just not enough SLQ collectors? Or do SLQ collectors not care?

 

I agree with you that the coins are undervalued with exceptional toning. I think it is a combination of factors including that many collectors will only look to third party grading labels and generic auction levels in pricing a coin. I don't think there are that many people completing toned sets for the series (cf. Morgan Dollars), and there are only a small number of people working on a toned type set although there are definitely some. (I started one years ago and ended up selling it off before I finished it).

 

I've actually seen very few nicely toned SLQs in the auctions I follow. So, I think you do have a solid point about there being a low supply.

The holder also plays a role. For your Anacs example, the $1,200 is a pretty solid premium considering how many people treat these slabs as sub-par (even when the coin is all there).

I'm certain that a nicely toned SLQ in a PCGS holder with CAC would do quite well if offered at a Legend auction (and would still draw a premium in other holders on eBay, GC, or Heritage).

 

I agree 100% with everything you said here. In fact, I got a PM after posting the coin where another member was saying I could probably crack it out and send it to PCGS and make money on it. I agree with that. I think it would probably cross at grade, and then earn a green CAC sticker if I chose to do that. That's not happening any time soon, because I have no intention to sell, but I'm sure I could do it.

Also, there's "nicely toned" and there's "wow!" and there are very, very few "wow!" SLQs out there. I've only seen a handful.

Since the floor is open, here's another one from me:



PCGS MS66+. This coin used to be featured on PCGS Coinfacts, and I'm a little disappointed that a few lesser coins are now there in its place. Oh, well, their loss, right?

PCGS guide is $26, although I think that's pretty high for a generic coin.

Full disclosure: I bought this raw from a member here about 3 years ago, before I even knew what the grade was. Turns out I guessed the grade correctly and scored decently.

 

So we're guessing the raw price?

I'll go with $45

 

Yeah, guess the raw price from 3 years ago.

Hint to all guessers: it wasn’t $384k