The Toning Premium Thread

Yes it is.
Too many posting out of turn.
What coin are we actually on?

 

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I think we are okay now, we are on the 1896 Morgan taking guesses.

 

333..nice toning

 

Beautiful color on the obv. but I feel the opposite: don't like the way the lack of toning on the face exposes the 63-level dings. To each his own; good thing there are plenty of coins for us all. I really like this reverse.

I know you (Shane) tend to score good deals but I'll go $240.

 

$210 on the '96 Morgan.

My first reaction upon seeing the coin was: Odd toning pattern. Doesn't look like a bag toner to my eye.

Tell me, Morgan Toner Fans, how do you think that coin got that toning?

 

Album toning

 

I paid $200 for the coin so I believe leadfoot was the closest. Yes the toning pattern is called a catseye and they are much rarer then coins with normal crescents because the coin developed the crescent on one side and then at some point the bag was moved which shifted the coin so that the opposite side came into contact with the bag but the center was still partially coverd by a morgan. It takes many years and just the right circumstances for this pattern to occur but it happens enough that you will usually find a couple of examples in any bag of morgans with toned examples. Personally I find a coin very attractive with this pattern and I was willing to pay full retail at the time to get it.

I could sell this coin today on Ebay for around $250 to $300 with no problem. I posted this example as I didn't want to trick anyone buy posting a coin I got cheap or a coin I paid moon money for....just a nice example at a fair market price.

 

Would the coin have had to shift again in order for the reverse to tone? And does the reverse toning add any to the premium? I would think it would a little.

 

Here you go:




PCGS PF 66 purchased in a retain transaction from a national dealer (Legend) in 2006.

 

I assume you mean a RETAIL transaction.

Aside from that, I am having trouble finding the FMV. The prices I am seeing are all over the place. I will guess that it was $2000 and say you paid $2400. That being said, I would think most of that premium was because this coin ought to be graded as a cameo (maybe even deep cameo if your pictures are accurate).

 

Beautiful frost and subtle toning on the devices; very nice. Barber dimes are one of my favorites although I don't follow proof coinage. This is just a stab based on brief research: $1,450. I don't have the sense this toning would add a premium, however (again based on very limited knowledge); just overall eye appeal.

 

The reverse toning was probably due to the coin being either in a fold or a corner of the bag so that both sides of the coin touched the bag and in this case since ther isn't a double screscent on the reverse is means that the coin in front of the obverse shifted where as there probably wasn't much movement as far as a coin being between the reverse surface and the bag. There are a lot of variables to consider but it's pretty easy to figure out the type of toning that could happen in a bag when you think about overlapping coins, folds, corners, seams and even threads in a bag...I have seen some pretty crazy bag toned patterns and even owned one with a cool thread design many years ago. in most cases double sided toning does pull a premium as long as they toning is attractive and in this case the blue matches the obverse toning so I would give it a slight premium over a coin with a blast white reverse due to the rarity factor. Bag toned coins with legit toning on both sides are rarer then a coin with toning on just a single side.

 

$1850 is my guess on the PF66 Barber dime

 

I'm gonna say that coin is more dramatic in heavier light.. and will say $2553.75

I really like how the tone manifests in the frosted devices rather than the fields... neat.

 

$1500 on the dime

 

$1985

 

Thanks. You're right, it's not hard to imagine the different types of toning that might occur in a bag if you consider all the configurations the coins can take. Otherwise, though, I have little knowledge of how Morgans were stored: don't know about the kinds of bags used, location of the vaults, humidity levels, in-house handling, etc. I toured the Philly mint once as a kid but no others and if they covered that, I have no memory.

That thread design toner sounds interesting!

 

It is pretty common to find attractively toned Proof Barber coinage with those color schemes. Having said that, the eye appeal of that dime is formidable and I am certain it would command a strong price. Add to it that you bought the coin from Legend who only carries what they consider PQ coins, that supports a high retail price. I will guess $2,100 but I think the price of this coin is based more on the entire look of the coin including surfaces, cameo contrast, and color rather than simply just a toning premium.

 

Sorry for the delay. Dealing with a hard disk crash on my laptop.

I paid $2,050 for the coin. At the time I purchased it, it was my most expensive coin. Since I purchased it, CAC also agreed with the grade and subsequently awarded it a green sticker. If the coin were dipped (and thank heavens it wasn't), it would be a DCAM, but as you're probably aware, PCGS doesn't give those grades to toned coins (for some reason).

As for the coin itself, I think that I paid little for the toning, which is frankly pretty indicative of my toner purchases -- I try not to spend a lot on toning. As a type collector who does not venture near top-pop, that's much easier to accomplish, and I think it exposes my coins to much less downside.

Here's a shot that shows a bit of the color:



Lehigh wins.