Do or should toned coins bring a premium for their grade? Say a Kennedy half graded MS67 and it looks brand new compared to one graded MS67 and it is colored like the rainbow, or gold and green for example. I was just curious. Thanks Kent
Whether they should or not is a debatable question. But the fact remains, coins with pleasing toning DO bring premiums.
I thought I have read on here where people artificially tone coins why would this be different from cleaning or dipping or other things collectors are against?
It isn't any different. That doesn't mean unscrupulous sellers won't AT coins in the hopes of fooling people and the grading companies, in order to make thousands of dollars in premiums rather than a few bucks. That should come as no surprise. There are toned coins that can easily be picked out as fakes. There are toned coins that in all likelihood are genuinely NT because of past conditions they were known to be in and certain features. Then there are ones in the middle that nobody knows for certain and may even be fooling the grading companies. The more subtle the toning, the better chance it is of being real IMO. You should not expect to buy a wildly colored Morgan for $30 and think that it is NT or even a real Morgan for that matter. For many coins, it is very rare to find a toned example and every one should be questioned. Only you can decide the premium you're willing to pay knowing the risk. There is no price guide and some people are just plain nuts.
