It has been 24 hours since the last winner was announced. The floor is now open. Anyone interested in posting a toner may now do so!
Beautiful coin..... no idea at all regarding what it's worth... I'll guess it's a $100 coin,, and then 5x premium.... so $500
Isn't that a Maria Theresa restrike? If so the value is more like $20. I would pay $20 if I wanted the silver. Heck of a point Doug. Is toning premiums valid on bullion? Do you toning collectors pay huge premiums for toned ASE?
Yes it's an MTT Proof restrike. The obverse is white. Yes, collectors often pay outrageous premiums for attractively toned ASE's or other bullion coins. As for book value, there isn't one. The coin contains 3/4 oz. of silver.
Toning premiu8m for bullion? You know, I have some gorgeously toned silver tea sets. I wonder how much toning premium they would bring. Seriously, why would any toning premium apply to silver rounds or other bullion? The entire purpose is to store silver for melting at a later date. It kind of throws a whole different perspective onto the toning premium thing if people are extending it past collectible coins, (which I may or many not agree with to begin with). Toning guys, do you consider it legimate to pay a toning premium on bullion coins? If so, how about silver bars? Silver objects? My said tea sets? Chris
While I find the coin attractive, I can't assign any numismatic value to the coin and as others have stated it is basically bullion. I don't know much about the darkside, but I know they don't value toning as much as US coin collectors. Also, Doug is not a fan of paying huge premiums for toning. Therefore, my guess is $25.
I guess it really matters when he bought it. If it was a bullion purchase say 5 years ago then I'll say he paid $10 if it was within the last year or two I would say $16.50
Now wait a minute, numismatic premium has nothing to do with this thread. The title is "The Toning Premium". By definition that means any premium over and above numismatic value - as in what a toned example would bring over and above a coin of the same grade/condition that was not colorfully toned. Does it not ? Or am I misunderstanding you ? Sure they do. They are just as crazy about it as you are. Where they differ is that they will not pay outrageous premiums for it. In other words they are much like me - they like it just as much, but they think it's foolish to pay as much for it as US collectors do for their stuff. edit - but just for you Paul, when I next get a chance I have a US coin to post
The seasnake (still in the little lattitudes, not for much longer though) says $36, just comparing to some canadians I bought lately, otherwise, not a clue
When I said that it has no numismatic value, I was only saying that the coin is bullion and should be priced based on intrinsic value. The toning premium would be what multiple you paid of the intrinsic/numismatic, that is correct. I said they don't value toning as much as US coin collectors. They may like toned coins as much as we do, but valuing something means an increase in price which they don't typically do.