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Another guess the hammer price. 1889 toned Morgan.
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<p>[QUOTE="Morgandude11, post: 8420652, member: 37839"]The market has definitely moved up significantly for the mid level toners. I would call that coin a nice level 4 out of a possible 6. It has pretty color, but the amount of coverage on the obverse is limited. Also, as you pointed out, the intensity is somewhat lacking in consistency. It is more an attractive pastel toner, as opposed to a monster. Nowadays, those tend to sell for monster prices.</p><p><br /></p><p>I consider the whole market for toned Morgans crazy. Sy, I used to pick up coins like this one for $300-$500 maximum. Even then, I thought I was overpaying. Evidently, people are willing to pay 10x to 20x sensible premium value for what is essentially an attractive, as opposed to stunning coin. Perhaps you are right, [USER=28299]@Skyman[/USER] and [USER=22377]@ddddd[/USER]. The bidders drank their dinner, and all price restraints went out the window. The seller is laughing all the way to the bank, as he sold a nice, technical MS 65 toner for MS 68 monster price.[/QUOTE]</p><p><br /></p>
[QUOTE="Morgandude11, post: 8420652, member: 37839"]The market has definitely moved up significantly for the mid level toners. I would call that coin a nice level 4 out of a possible 6. It has pretty color, but the amount of coverage on the obverse is limited. Also, as you pointed out, the intensity is somewhat lacking in consistency. It is more an attractive pastel toner, as opposed to a monster. Nowadays, those tend to sell for monster prices. I consider the whole market for toned Morgans crazy. Sy, I used to pick up coins like this one for $300-$500 maximum. Even then, I thought I was overpaying. Evidently, people are willing to pay 10x to 20x sensible premium value for what is essentially an attractive, as opposed to stunning coin. Perhaps you are right, [USER=28299]@Skyman[/USER] and [USER=22377]@ddddd[/USER]. The bidders drank their dinner, and all price restraints went out the window. The seller is laughing all the way to the bank, as he sold a nice, technical MS 65 toner for MS 68 monster price.[/QUOTE]
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Another guess the hammer price. 1889 toned Morgan.
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