The Toning Premium Thread

Discussion in 'Coin Chat' started by Lehigh96, Oct 21, 2010.

  1. Kryptonitecomic

    Kryptonitecomic New Member

    Bag toning...though not typical...a fully green toned Morgan is a rare bird for sure.
     
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  3. cerdsalicious

    cerdsalicious BigShot

    Check your PM's
     
  4. Lehigh96

    Lehigh96 Toning Enthusiast

    I like the color of the coin, but both photos seem to indicate that the luster is a little flat and that the toning lacks vibrancy needed to generate a huge premium. In addition, there are some toning breaks on the obverse which will also turn off some of the more discerning collectors. Numismedia Wholesale is $38 and I will say that the premium is 5-7X wholesale. My guess is $228.
     
  5. Kryptonitecomic

    Kryptonitecomic New Member

    Well I purchased that little green gem on Ebay in 2005 or 2006 for $63 bucks, then when I saw it again at the 2010 FUN show I had to pay $140 to pick it up which I felt then and still do was a bargain. If I were to list it in a no reserve auction on Ebay I feel like the coin would probably sell for pretty close to Lehigh's guess...$200 to $250 maybe a touch more and yes the luster isn't booming like an S mint but it's there lol


    Not sure who was closest but I think it was bahabully?
     
  6. coinman0456

    coinman0456 Coin Collector

    Nice buy for that money.
     
  7. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Maybe she was on the Andrea Gale.

    Chris
     
  8. seasnake

    seasnake Junior Member

    Shane, I want it!
     
  9. Kryptonitecomic

    Kryptonitecomic New Member


    I will leave it too you in my will lol
     
  10. Simms

    Simms Tactile History

    Sorry once again for playing out of turn, but anyways here's mine, guesses? Should I get it graded then sell? Thanks for your wisdom fellas.
     

    Attached Files:

  11. seasnake

    seasnake Junior Member

    I appreciate that Shane, however if you do put it on ebay let me know. I've bought from you in the past and really like your eye for color.
     
  12. Kryptonitecomic

    Kryptonitecomic New Member


    Will do! Thanks


    As far as the Canadian cent...I posted my thought on the previous page....I would only have it certified if you were thinking of selling. It has a little carbon crust to it but I think certified in say MS64 or above the coin could certainly bring $50 to $75 on Ebay as it appears to be exceptional. Without the toning it's probably not worth .50 cents and if the toning gets darker it could hurt the value so I would at least pull it out of the mint set cardboard it is in so the toning progression slows down or stops all together.
     
  13. bahabully

    bahabully Junior Member

    Assuming that a 62 canadian cent is as common as a US 62 cent I couldn't believe it would go for more than $5-$10, even slabbed.. just way toooo common . Anyway, I'll guess $4 for the cent....
     
  14. seasnake

    seasnake Junior Member

  15. GDJMSP

    GDJMSP Numismatist Moderator

    It's not really a question of how common it is, it's more the perception of it being common. For example, if you really checked you'd almost certainly find out that toned Canadian cents like that are a whole lot less common than toned Morgan dollars. But that's where perception comes into play.

    Very few would think of Morgan dollars as being common. But Morgans are as common as dirt. There are literally millions and millions of them out there. But because they are old people think they are hard to find - when they aren't. I would even hazard a guess that you could find rolls of Morgan dollars to buy easier and quicker than you could find rolls of '62 cents.
     
  16. Simms

    Simms Tactile History

    Thanks a bunch, all I really needed to know.
     
  17. oval_man

    oval_man Elliptical member

  18. coinman0456

    coinman0456 Coin Collector

    Count yourself fortunate you did not get caught up in that bidding. OVER THE TOP BIDDING.
     
  19. cerdsalicious

    cerdsalicious BigShot

    I offered $70 for it as is raw.
    Coin is a beauty and I haven't seen a roll of BU 1962 cents Canadian in over a year.
    On the other hand Ive bought over 300 BU Morgans in the past 4 weeks.

     
  20. gachtor

    gachtor Member

    In the 2001-2002 recession, I dumped 10 BU rolls of 1962 Canada Cents into circulation. I couldn't get enough to cover package and shipping.
     
  21. cerdsalicious

    cerdsalicious BigShot

    I don't blame you the asking price on that roll was $.75 :(
    I just love the toning on this 1962. It's very vivid and rarely unseen on Canadian cents.
    On the other hand rolls of gem BU Morgans MS 63+ are in the $700 range.
    1958-D wheat cent BU rolls are at around $3 last I've checked.
     
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