Discussion in 'Coin Chat' started by Robert Ransom, Jul 8, 2020.
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Does a toned coin,i.e., the 1884 O Morgan mention cost more than a non-toned coin? I have a RAW 1884 O Morgan with a little toning on the edge that my father left me. Just wondered is it worth grading?
Open a new thread with pics. and allow us to see it.
As Robert said
Short answer yes. That coin is on sale for $800 on ebay right now, which is basically $750 over the normal price without toning. If it has a little bit of yellowish rim toning, then yeah you can add about $5-10 on the normal price if it didn't have toning. If it has more bright rainbow colors then the price really goes up. A nice BU Morgan with actual rainbow colors on the rim usually goes for about $20 more than normal price. Make a separate thread and we'll help you out on that thread!
The barbershop in our town had a Coke machine like this one, and my Mom would give me a mercury dime for a Coke so I wouldn't fuss in the barber chair.
Fast forward ten years and I had a paper route...and a complete "Blast White" uncirculated Mercury Dime collection...except for the 1916D. I had a G-4 example, but it stood out like a sore thumb.
So, in 1972, I asked the owner of our local coin shop to locate the best 1916-D Mercury Dime he could find. He found a nice one (MS64FBL by today's standards), but said it would cost $600!
I didn't have anything close to $600 (that's like $6000 today)...however, I would get about $10 per customer for a Christmas tip. I spent the entire year cutting lawns and signing up new paper customers hoping to save $600 by Christmas.
By Christmas, I achieved my goal...$600 saved! I proudly marched down to the coin store to claim my prize...only to be told that he had a customer that wanted it for $800, but that I had first right of refusal...at $800.
I was crestfallen, I busted my butt for an entire year, thought I had a deal, but instead, learned a hard lesson about business. I didn't have $800, but told the owner that I would be back. I exhausted all my options, so I finally went to my Dad to see if he would lend me the money...girding myself for an unpleasant lecture.
Much to my surprise, he agreed! ...but I had to let him hold it until I repaid the loan. I repaid the load quickly, but when I wanted to put the coin in my Whitman folder, my Dad advised against it...so I let him hang onto it. He had it wrapped in aluminum foil...like all his other coins.
About 6 years later, my ex-Brother-in-Law stole my coin collection and sold it. All my other mercury dimes were gone...except for the 1916-D my Dad was still holding for me (Phew!). I've since rebuilt a nice Uncirculated Mercury Dime collection around my 1916-D, but it was much more expensive the second time around.
Mine, too. Also, an AU or better 1889-CC Morgan dollar to upgrade my F15. Also, a 1927-D Saint, but you can delete the word "quite."
Indian Head 1/2 eagle
A Carolingian Coin
....and the list goes on and on and on....
I thought this would be an easy question, but based upon some of the responses, one choice is not is simply not an option. I would hazard a guess most of the single coin responses are from older collectors who have satisfied most of their desires, but then again, I may be wrong, again.
Got a picture of it? We would love to see it after a story like that!
I got out of coin collecting when I joined the USAF. I didn't get back into it until after my Father passed. I had completely forgot about the dime, but came across it as I was settling my Father's estate. It was still wrapped in the same aluminum foil after all these years.
That's when I decided to put my uncirculated Mercury Dime collection back together...and when I discovered CoinTalk. Does anyone remember Elaine or Krispy?
I HATE it when that happens.
Separate names with a comma.