Took a nice little jaunt today to see if I could find some nice toners, unfortunately there were not any American toned dimes I did however discover a coin with the most eye appeal I have ever seen!!!!! (This is no joke:veryangry In the short period of time while holding it the luster dripping of from it spread across the dealers showcase and because of the bright neon greens and pinks I had to put my sunglasses on before looking through the loupe.(This is a joke:bart So I asked the dealers daughter for a price. After a little bit of rustling through some papers without skipping a beat she says "$350" So I quickly handed it back to her thinking she had no clue what she was looking up. So I ask her if I could look at the coin that was next to it. This coin is a very nice coin and I was convinced since it had the same neon pink and green rainbow colors the other coin has, the two coins had to have walked through the door together. So as you know it I asked for a price on this one. Once again she grabs the same book and says "$800".........At this point im beyond confused. Never could have imagined hearing those two prices (rainbow colors or not). So I sadly procede to look at other items and conversate (dealers daughter was pretty easy on the eyes:thumb::yes:) So now that you have the story behind it. The $350 coin is a MS65* 1916 silver 5 cents and the $800 coin is a MS64* 1915 canada silver 5 cents. It wasnt until I got home that I realized the two coins are THE KEY and the semi key to the series (excluding varieties) and his prices are right on the dot or better without taking the rainbow colors in account. So since I fell deeply in love with the 1916 I was wondering if Canadians demand toning premiums also. My idea is to purchase both at a nice discount and sell the key date to soften the blow on the 1916. As with any flip project I understand that there are risk involved so I am not seeking advice on what I should do (although ill consider any advice thats giving) but I want to have a better feel for the toning market in Canada before trying to pull this off. I appreciate all of your help :cheers:
I would say most Canadian Collectors are neutral on toning .... about 50/50 but no premium price for beautiful toned coins. Having said that .... the prices you mentioned seem very good. Trends for the 1916 would be 1750 and the trends for the 1915 would be 1400 .... of course that depends on grading company etc. Good Luck PS: Does the daughter come with the coins .... LOL
Whoa thanks for that information!!!! The world book I had available only went up to MS63.......there is a pretty stiff jump. Why is the jump for the Key (1915) less than the 1916 I wonder?
The 16 is a semi key? I just got a really pretty toned one in a group of silver coins. It might only be an AU but sure looks nice. I know I am horrible about photos but will try to get one up this weekend. In fact, it seems a lot of the Canadian silver 5's, (keep wanting to call them half dimes), had pretty toning. Is this pretty common with these coins? I probably have 6 with rainbow toning of the 12 or so I got in the group.
They all have pretty toning but I think some people have different definitions of rainbow toning. so it would all depend
I am sure these aren't as nice as what you described, just from my limited experience they seem to tone nicely. Toning is always in the eye of the beholder, I tend to like a little darker than most others, but these were pretty, pretty enough for me to contemplate making ANOTHER mini collection lol.
