I appreciate your reply and If I could buy textile toned Morgans like this for $400 I would get all I could It will be interesting to see what others have to say about this coin.
It's definitely a nice coin however I myself wouldn't pay more than $500 for it. I'm not in love with the coin, which is why I wouldn't pay a huge amount for it. I'm sure someone else would be willing to pay a lot more for it.
I agree with you in that if you do not like the look or if textile toning is not your thing it would not interest you. Kind of like the Sonnywood collection, it is amazing but some just do not like it. Desire does drive price/value on all coin purchases. Just like your icon, I am sure you like it but some would consider it tarnished. Toned collectors are a fickle bunch just like those that are always saying toned coins only look that way because someone did that to them. I like this one because of the wild spread of the colors and all the different stages exhibited especially the green dots where the bag/cloth was in contact with the coin.
I do like toned coins a lot but, it is the green spots on this coin that would prevent me from buying it.
If I were in the market I might pay $4-500 . I can see this coin if slabbed and graded going for $750 or more if a bidding war started . Now I love toned coins but neither Morgans or dark purples and greens aren't my faves .
The Morgan is slabbed and is an MS65 I just did not list the slab as I did not want that to influence the opinion, it's about the coin not the slab.
The green spots do not appear to be the result of textile toning. For that matter, I see absolutely no evidence of textile toning. Chris
Chris if you enlarge the image a bit you might be able to see it better. The green dots are 100% textile toning as they are where the material was in contact with the coin and is very apparent.
Chris thank you for your opinion. Here is a diagnostic for others who read this post by Sunnywood one of the most prominent Toned Morgan collectors and the creator of the Sunnywood color progression chart. Classic third cycle color, bits of blue-green (Q) and emerald green (R) progressing to primarily "gold over green" (S) and magenta (T) on the Sunnywood color chart; definitely natural toning, look at the "pull-away" effect south side of the date numerals, and the classic textile toning on the portrait. The textile dots are always 1-2 color levels below the surrounding areas, as the "dots" are where the high points of the burlap weave contacted (and therefore protected) the coin, so that those high points toned slightly less than the surrounding areas, producing the effect of "textile dots." Nice coin !! P.S. you can quote this on your thread if you like. Sunnywood For textile toning the dots are very often not even due to bag stretch, the weave and the characteristics of burlap.
Depending on how the colors "pop" I could see it bringing around $700. Nice coin for sure, but not a monster.