Is the Morgan toner market cooling?

Not all toned coins .Just the ones that POP.

 

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That surprises me and goes against the auction results. However, we all have different tastes and that is what keeps things interesting!

 

In my eye it is ok for the collector if they need the date or simply want to upgrade a bit but definately not the investor as they ( investors ) are only interested in monetry gain. The collector has to remember that the minute they have purchased an item, he or she has lost at least 35 - 40% of the value. No collector will want to pay retail and no dealer will want to sell it and make no profit...This is simply me experience over the last 52 years or so in the hobby as i began when i was 8.

 

I have also noticed several cutoffs where the coin market started declining. The 2007-2008 period was one time along with the financial/housing crash. Another was 2011, after gold and silver peaked.

As for toned coins (especially Morgans), it is not quite like cameo coins. Yes for a cameo most want it on both sides. For toners, two sided monster toning is much rarer than two sided cameo. Many also like the contrast between one colorful side and the other being blast white. Some color may be found on both sides of average toners, but those don’t really see a premium compared to one-sided monster toners. So I would say that two sided color vs one sided color is not a major reason in any perceived decline of the toning market.

 

Absolutely. As an example, there have been 5 Morgans posted in this thread. 2 of them are AT (or not-market acceptable, at best). When someone pays a lot of money for a coin that they don't understand and then get burnt when they try to sell it, you can understand that they are going to be hesitant to stick their hand in the fire again.

 

That to me is a reason for some decline.
There has been AT in the market for a while now, but newer high quantity sellers like edynamic have not helped.

 

Face it, you as the middle aged or older generation grew up with coins , notes, stamps etc before computer games...Nowadays kids are not interested as i have experienced that in Australia where i am originally from...I was a successful stamp and coin dealer down there ( part time from 1977 = 1997 ) and full time from 1997 - 2011.... I saw ups and downs like everyone but as philatelics and numismatics are declining by the generations coming up and are only interested in computer games and mobile phones... I sold my entire stock and personal collections and migrated to ohio in 2011 and have not looked back...Nowadays i buy and sell as a hobby. i retired from stamps and coins before i was 55 but that is no longer available. With MOST silver and gold coins, they are all just scrap metal to me and that is what i do to them...NOTICE I SAID MOST AND NOT ALL!!!! The carson city morgans i do not scrap as they are good in any condition. Banknotes are far more better than coins ever will be as once it is damaged, it is gone where the coin is always the metal value. Military war medals of Korea, Vietnam and Gulf Wars are fantastic investments as the people are more than likely still alive and the medals have not reached the collectors market yet...WW1 and WW2 are no longer a viable proposition as most of those vets are long gone and the
medals have hit the secondary market. A Trio of WW1 australian medals is now over 1000.00..... Where british can be bought cheaper... Go look at ebay number
263434588858 and you will see it is not sold yet. OIO