how desirable are textile toners? higher premium?

Discussion in 'US Coins Forum' started by goldrealmoney79, Jan 24, 2021.

  1. goldrealmoney79

    goldrealmoney79 Active Member

    Im curious to how desirable they are since they seem to drive such high premiums.
    Take this coin for example, while the colors are nice, theyre not extroardinary but the closing price is!

    https://www.ebay.com/itm/1884-O-Morgan-Dollar-PCGS-MS65-CAC-Ex-Aurora-Borealis-Textile-toning-/333845289098?hash=item4dbabad88a%3Ag%3Aua0AAOSwTwRf7mZc&nma=true&si=YQNPvOoKLCDhrUpgJqVpw2OVd7E%253D&orig_cvip=true&nordt=true&rt=nc&_trksid=p2047675.l2557


    How desirable are textile toners and do they usually attract a higher premium?
     
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  3. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes? Supporter

    Textile toners are incredibly desirable if you find them attractive and will drive a very high premium.

    That particular coin has many things in its favor - it has a strong textile pattern across nearly the entire obverse. The more textile coverage, the higher the premium. Obverse is going to have a higher premium than reverse.

    Additionally, that is an amazing mix of purple, blue, and green. Even without the textile, that coin would be worth a high premium. With textile? Moon money.

    For toner collectors, the Aurora Borealis collection is well known, and may add premium (though small). CAC also makes the price go stronger than it otherwise would.

    A generic 65+ 84O is a $150 coin.... so that premium is incredibly high.... but I'm honestly not that surprised.
     
  4. bradgator2

    bradgator2 Well-Known Member

    I’m not generally a fan of textile toners... but that coin is absolutely stunning.
     
  5. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Absolutely stunning coin. I don’t think there’s any denying an emotional component exists when pricing coins like this, on both the buyer’s and seller’s part.
     
  6. GoldFinger1969

    GoldFinger1969 Well-Known Member

    WTH is a "textile" toner ? :D
     
  7. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes? Supporter

    It's a coin that sat in a canvas bag for a very long time (usually in a treasury vault). Based on the airflow through the canvas, and contact with the fabric, the toning pattern takes on the "textile" pattern. It is rather rare - and even more rare that the toning appears in vibrant, wonderful colors such as shown in the link. It is *incredibly* rare on anything but Morgans (because really only Morgans were stored in bags in a vault for a long time), and it is still quite rare on Morgans.

    Strong textile patterns, such as shown here, and especially when it covers a significant portion of the coin, as shown here.... the sky's the limit.
     
    GoldFinger1969 likes this.
  8. MeowtheKitty

    MeowtheKitty Well-Known Member

    Wow, that is beautiful.
     
  9. ldhair

    ldhair Clean Supporter

    Pretty coin. It's coins like this that made the Aurora Borealis collection so well known.
     
  10. CircCam

    CircCam Victory

    What a crazy coin. Looking at it reminds me of the horizontal lines that were always flowing through my family’s first color TV.
     
  11. messydesk

    messydesk Well-Known Member

    Even though the colors are a little later than the optimal, most vibrant colors, the textile coverage of the entire obverse, a few splashes of magenta and orange, and the fact that it was good enough for the Aurora Borealis collection are all contributing to the winning bid. Same color no textile and it's a $600 coin.
     
  12. Skyman

    Skyman Well-Known Member

    FWIW, you CAN find textile toning on Peace dollars, but it is NOT nearly as appealing as on Morgans. First off, bags of Peace dollars didn't have nearly as much time to tone up as bags of Morgan dollars. Second, the weave of the bag holding Morgan dollars was much wider/looser than the weave of the bag holding Peace dollars. Given the tightness of the weave of the Peace dollar bag you don't get as much air circulation as you do on Morgan dollars.

    Here's a Peace dollar that I used to own. You can see how it is beginning to tone up. If you look at the periphery around 3 o'clock you can see some black somewhat stippled toning. That is textile toning on a Peace dollar. Notice how much "tighter" the weave of the bag is than for a Morgan dollar.

    bc1926_64$ob5.jpg

    bc1926_64$ob10.jpg
     
  13. Crate Digga

    Crate Digga Active Member

    Screenshot_20210127-230836.png

    Dealer had a box of toners, this was the least expensive one. I thought there was something off about the eye appeal, google that evening told me what a textile toner was, and rushed back the next day to buy it. 85o MS63 NGC
     
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