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<p>[QUOTE="Morgandude11, post: 4851902, member: 37839"]That OP coin would bring over $1000, without question. I sold far lesser toned Franklins for $300-400 in 2015. I think you are drastically underestimating the market for toned coins in general. Coins that I sold for $2,000 in 2015, and 2016 have resold for double and triple that amount. The 130k Franklin is an anomaly, but right now, the toner market is sizzling. </p><p><br /></p><p>I just think your standards are far too tight. You grade these coins consistently 1-2 grades less than others do. I have a hard time getting a handle on what your standards are. Purchasers of toned coins are generally reacting emotionally to the coins—there is no factual literature to support the sale of toned coins. There is no red book or price guide for a toned coin. It is strictly what the market will bear, and the market is very hot. </p><p>Granted, toned Morgans drive a lot of the toned market, but other US toned coins are sky high. All reason goes out the window for a monster, and buyers are not as critical about the degree of monsterdom as we are being in this exercise. I guess we shall just agree to disagree, and that is fine. It isn’t personal—this is a hobby with a variety of opinions.[/QUOTE]</p><p><br /></p>
[QUOTE="Morgandude11, post: 4851902, member: 37839"]That OP coin would bring over $1000, without question. I sold far lesser toned Franklins for $300-400 in 2015. I think you are drastically underestimating the market for toned coins in general. Coins that I sold for $2,000 in 2015, and 2016 have resold for double and triple that amount. The 130k Franklin is an anomaly, but right now, the toner market is sizzling. I just think your standards are far too tight. You grade these coins consistently 1-2 grades less than others do. I have a hard time getting a handle on what your standards are. Purchasers of toned coins are generally reacting emotionally to the coins—there is no factual literature to support the sale of toned coins. There is no red book or price guide for a toned coin. It is strictly what the market will bear, and the market is very hot. Granted, toned Morgans drive a lot of the toned market, but other US toned coins are sky high. All reason goes out the window for a monster, and buyers are not as critical about the degree of monsterdom as we are being in this exercise. I guess we shall just agree to disagree, and that is fine. It isn’t personal—this is a hobby with a variety of opinions.[/QUOTE]
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