Toning

Discussion in 'Coin Chat' started by Ethan-Pitassi, Jun 27, 2017.

  1. Ethan-Pitassi

    Ethan-Pitassi New Member

    Yes sir, I have my eye on an uncirculated 1964 half dollar with some beautiful toning around the edge. Once I get it I'll post a picture for ya
     
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  3. Ethan-Pitassi

    Ethan-Pitassi New Member

    I've probably kept the lights on at his shop a few times over lol
     
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  4. samclemens3991

    samclemens3991 Well-Known Member

    The Peace dollar appears to have a purple haze. As a kid I ruined quite a bit of silver testing different things on coins.
    I seem to remember bleach turning coins purple.
     
  5. Dave Waterstraat

    Dave Waterstraat Well-Known Member

    The '98 and '21 Morgans have been harshly cleaned but the '22 Peace looked interesting in your first images. The second set of photos make the toning appear intentional and likely not market acceptable. If you plan on collecting toned silver dollars I would recommend some research to learn what is market acceptable and what is not. A good place to start is here, http://www.jhonecash.com/coins/tonedmorgans.asp
     
  6. spirityoda

    spirityoda Coin Junky

    in time/experience you will get to know which toning looks market acceptable and which ones do not look right. granted there are some coin doctors out there that are very good at toning their coins to look right. be careful.
     
  7. Lehigh96

    Lehigh96 Toning Enthusiast

    It is always good to see another toning enthusiast in the house, welcome. As you admit that you are new to the toning scene, you should do everything you can to learn about toning, how it forms, and how it affects price. Here is a great article from our own site to get you started.

    What You Need to Know About: The Science of Toning

    The primary pitfall in the toned coin market is artificial toning, like the Peace Dollar you have shown. While you are learning, my advice is to stay away from common date low grade 20th century raw coins with extravagant toning. When you see raw coins whose value is almost exclusively intrinsic with this type of toning, you must be seriously concerned that the coin has been altered. The easiest way to combat this is to stick to purchasing either PCGS or NGC graded material until you have the expertise and confidence to avoid questionably toned coins.

    However, this presents the second problem of the toned coin market, how to value them since there are no price guides. As I'm sure you know, rainbow toned coins will often drive a significant premium to the price guide listed for their grade. Knowing how much to pay for a toned coin without getting buried in the coin is an extremely difficult proposition. Hopefully, this thread will help you in your endeavor.

    The Toning Premium Thread

    Lastly, you also need to know that the TPGs are not foolproof. While they do eliminate the vast majority of artificially toned coins from getting graded, some do still manage to get past them. Here is an example.

    1996-D PFGS MS65 FS Jefferson Nickel 5c Monster Rainbow Toned Insanely Colorful!

    If you have any questions, feel free to ask.

    Paul
     
  8. RickO

    RickO Active Member

    To be correct, it is tarnish.... which is, in all it's forms, environmental damage. This is science, not opinion. Much of what is on the market today is artificial or accelerated tarnish.... Because it is profitable. Where there is profit, the coin doctors will make what the market wants... and the premiums on tarnish are ridiculous. Especially when it is so easy to do on your own coins and save money.
     
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  9. IBetASilverDollar

    IBetASilverDollar Well-Known Member

    It is very difficult to profitably flip coins for experienced collectors and takes a huge stroke of luck for beginners. I'm a little under a year in and have lost money on almost every coin I've bought and sold so far aside from a few that I've accidentally flipped for profit. Remember selling coins costs you 10-20% or more depending on the venue. So you would have had to bought the coins at least that much less than their market value and that is not a likely thing to happen at a coin shop. Also it's a good lesson to really buy coins you love because you probably will lose on them when unloading them. Don't just buy a coin because it's for sale, you should be passing wayyyyy more than you are buying on coins.

    As for toning, as Lehigh mentioned it's best to stick to already slabbed coins until you have more experience. It will save you lots of headaches without a doubt.

    Also, artificial or not, I kinda like that Peace dollar for $20. I think far too often people act like artificial toners will literally burn your hand if you touch them. If you weren't deceived into thinking it was natural, for 20 bucks you got an interesting coin IMO The problem comes in when AT coins are being represented as NT and sold for massive premiums. When you are talking around spot and you like the look who cares
     
    Last edited: Jun 27, 2017
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  10. spirityoda

    spirityoda Coin Junky

    it takes a long time (5-15 years depending on the coin and rarity) to make a profit on yours coins if you sell them. you can't expect to make a profit on flipping a common dated low grade coin. with time you can spot artificial toning a mile away. you learn as you go. I am going on 18 years into collecting coins and I am still learning all the time. most important thing is to have fun doing it. sure you will be burned on some prices on some coins. price realization comes with time too.
     
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