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A dive into the toned Morgan market (via Legend Auction 7/27/23 vs prior sales at GC, etc)
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<p>[QUOTE="ddddd, post: 24659719, member: 22377"]Toned Peace Dollars are another segment that has really taken off. Being that less of them come nicely toned (Morgan level toning is particularly scarce), when a nice one shows up the bidding tends to be very spirited. This auction I only noticed two Peace Dollars with color and both were so-so in my opinion. One did not garner any bids at the 750 level and the other ended at $734.38.</p><p><a href="https://legendauctions.hibid.com/lot/160285006/-1-1924-pcgs-ms65" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://legendauctions.hibid.com/lot/160285006/-1-1924-pcgs-ms65" rel="nofollow">https://legendauctions.hibid.com/lot/160285006/-1-1924-pcgs-ms65</a></p><p><br /></p><p><br /></p><p>As far as GC, they continue to get solid results. I have picked up some of my favorite coins there over the years but the last few years it is becoming harder to win much (in the way of high end toners) without spending moon money. If one can find a reasonably priced toned Morgan, I could see it doing well on GC. However, many of the coins that I see on IG or eBay were from people that won them on GC and are trying to resell for even more (occasionally successfully but more often not so successfully).[/QUOTE]</p><p><br /></p>
[QUOTE="ddddd, post: 24659719, member: 22377"]Toned Peace Dollars are another segment that has really taken off. Being that less of them come nicely toned (Morgan level toning is particularly scarce), when a nice one shows up the bidding tends to be very spirited. This auction I only noticed two Peace Dollars with color and both were so-so in my opinion. One did not garner any bids at the 750 level and the other ended at $734.38. [URL]https://legendauctions.hibid.com/lot/160285006/-1-1924-pcgs-ms65[/URL] As far as GC, they continue to get solid results. I have picked up some of my favorite coins there over the years but the last few years it is becoming harder to win much (in the way of high end toners) without spending moon money. If one can find a reasonably priced toned Morgan, I could see it doing well on GC. However, many of the coins that I see on IG or eBay were from people that won them on GC and are trying to resell for even more (occasionally successfully but more often not so successfully).[/QUOTE]
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A dive into the toned Morgan market (via Legend Auction 7/27/23 vs prior sales at GC, etc)
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