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$100 toning premium on this coin.
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<p>[QUOTE="Detecto92, post: 1608923, member: 75105"]I don't you need you "dumb it down" for me.</p><p><br /></p><p>It's due to the fact the high premiums paid for toned coins is purely artificial.</p><p><br /></p><p>Is there a reason to pay a little more for a toned coin? Sure. Say a coin is normally worth $75, would it be okay to pay $25 more? Sure.</p><p><br /></p><p>But is it okay to pay $200 for it? $300? No. </p><p><br /></p><p>There are 126 nickel lots on TT currently. Almost half are rainbow toned. Although it's not the best estimate, it will make you understand just how many toned coins are out there. They are not by any means rare.</p><p><br /></p><p>Now let me ask you this, if (and I'm just saying if) exactly half of all Jefferson nickels are toned, is it okay to pay 4-5 times as much for one? </p><p><br /></p><p>Is it okay to pay that much, for something that there is half as many of? Is it okay to pay $500 for a Morgan worth $90? </p><p><br /></p><p>No, and once you realize that, you will realize that it's silly to pay a huge amount for toned coins, there are so many of them out there!</p><p><br /></p><p>Now, if say 1% of all Jefferson nickels were toned, THEN it might warrant a large premium. </p><p><br /></p><p>The premiums keep rising, the bubble will soon burst. Mark my words.[/QUOTE]</p><p><br /></p>
[QUOTE="Detecto92, post: 1608923, member: 75105"]I don't you need you "dumb it down" for me. It's due to the fact the high premiums paid for toned coins is purely artificial. Is there a reason to pay a little more for a toned coin? Sure. Say a coin is normally worth $75, would it be okay to pay $25 more? Sure. But is it okay to pay $200 for it? $300? No. There are 126 nickel lots on TT currently. Almost half are rainbow toned. Although it's not the best estimate, it will make you understand just how many toned coins are out there. They are not by any means rare. Now let me ask you this, if (and I'm just saying if) exactly half of all Jefferson nickels are toned, is it okay to pay 4-5 times as much for one? Is it okay to pay that much, for something that there is half as many of? Is it okay to pay $500 for a Morgan worth $90? No, and once you realize that, you will realize that it's silly to pay a huge amount for toned coins, there are so many of them out there! Now, if say 1% of all Jefferson nickels were toned, THEN it might warrant a large premium. The premiums keep rising, the bubble will soon burst. Mark my words.[/QUOTE]
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$100 toning premium on this coin.
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