Why are toned coins so popular?

I don't doubt you, but if you want to see it, come to Lancaster/Lebanon/Berks/York/Adams County area of Pennsylvania. There are so-called "important" collections thick as flies, none of them slabbed.

 

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Not to mention a lot of sellers that do that all of a sudden have pristine, clear, crisp photos when they have a nice graded coin listed yet somehow the raw coins don't get those types of photos

 

This was exactly my line of thought and why I posted that coin specifically. I'll track it but I'm guessing that coin will sell for between 3-5k.

They have two raw morgan proofs currently up for auction that I stumbled upon yesterday and it just didn't add up to me.

 

That's not the issue and you know it. There are gazillions of newbs around here who come here showing that sort of stuff, pretending that that's what the mainstream of numismatics is. How? Where? Who? Why?

Mostly, HOW DID YOU COME TO THINK OF THIS AS WORTH DOING?

I've about had it with this "let people do what they wanna do" attitude. Not informing people how it is is WRONG.

"What evs" is NOT teaching. Teaching is what numismatics is supposed to be about. The Chicago Coin Club motto translates to: "We Learn by Teaching". Not by "lettin' it all hang out".

 

Lol, thousands isn't a lot when you consider how many toned coins have been graded. Furthermore, that includes hordes like the Peacock Ike's before the TPGs figured out they were AT.

And when did I say that dealers didn't sell toners before they got hot? They just didn't have them front and center in their display cases.

And talk about a meme. Your vision of rainbow toned coins being manufactured at Willy Wonka's Chocolate Factory is a meme. The AT coins that enter the market come in drips.

If you aren't talking about Morgans, what are you talking about. Give us some examples. If there are thousands, you should have no problem showing me some.

 

Seems like the issue to me. If someone is happy to show it off or excited about it why not? Most do it because they enjoy it which is no different than any other collector. My tastes don't have to reflect theirs nor do theirs have to reflect mine.

Really there is no real mainstream numismatics, it is nothing but a bunch of niches under one roof. Some things are more popular then others but in the end every series is it's own niche that can be broken down into more niches. At this point the closest thing to mainstream is probably type collecting or just buying what you like which is really just dabbling in a bunch of different niches

 

V. Kurt Bellman, posted: "There are gazillions of newbs around here who come here showing that sort of stuff, pretending that that's what the mainstream of numismatics is. How? Where? Who? Why?"

Possibly because the newbs don't know any better or that's what THEY like and think others may like it too. I wish members would get off the soapbox. Live and let live. You are not going to change anything as virtually no one outside of this forum cares about what any of us is posting.

 

Does ANYONE else here believe this? I think I may have found a unique specimen here.

 

Who cares what the mainstream of numismatics is. If someone is interested in a niche market, who are you to tell them that it is wrong.

And when I told a guy it was wrong to buy that Stone Mountain, you bashed me for being critical of the dealer simply because you buy coins from him.

You really love talking out of both sides of your mouth don't you?

 

I'm starting to realize why, and why I don't favor Internet coin anything. Like most of the Internet, its main function seems to be to enable people otherwise too "out there in the edgeville" to run across one another, to con themselves into believing they're mainstream.

 

No, you were dead on correct about THAT PARTICULAR COIN. It's when you generalized on him that I objected.

 

If AT coins were flooding the market, the floor would drop out. It is still based on supply & demand ya know!

 

Yet now you are saying people are collecting wrong for collecting what they like because you don't care about a variety ect. Should we just all give you the checkbook so we only buy things you approve of so we can do it "right"?

 

He deserves that generalization, by your own words. You pointed out how often you look at his inventory and only purchased two coins last year.

 

What is the ratio, in your esteemed estimation, of real errors and varieties posted here to just plain PMD? 1:50? 1 to 500? 1:5,000?

 

That's true of EVERY dealer I look at. Take out series I don't collect, coins where I already have a better piece, and we're down below 1% already. Then take out the ones where I can't see what I need to and we're down to about 10% of the 1%. Then take out the ones that aren't in the budget at that moment, and WHEW BOY, it's gettin' rare.

I'm at the inflection point where my resources and my tastes collide more often.

 

We aren't discussing PMD coins. Most of those threads though are people ASKING if its an error

The topic was minuscule varieties that require extreme magnification. Quite frankly if someone wants to collect PMD coins know they are PMD coins I wouldn't criticize them either. There are people people together type sets of holed coins as an example because they find it interesting. People can collect whatever they want when they are fully aware of what they are doing.

 

Are you claiming that Doug & I are wrong about their photos? If so, can you name any other dealer who sells that many high value coins raw?

 

Agreed. At Orlando ANA show, I judged a category that INCLUDED the most extensive collection of intentionally mangled large cents and half cents I've ever seen assembled. It finished third, by a significant margin, on all three judges' scoresheets. Number 1 and Number 2 were VERY close to each other. The one we unanimously named the winner got 2nd Place in Best in Show (different judges). The 3rd Place exhibit won People's Choice. Lesson: the standard of regular numismatic judging, as taught and retaught regularly and mandatorily DID NOT MATCH AT ALL with public opinion. I'm okay with that, and I've taken a vow to TEACH THE RIGHT WAY, not bow to public ignorance.

 

Every dealer on the local show circuit near me. There are STARTING to be more guys who deal in slabbed coins, but they're still the minority. The 2x2 is still king here, even with 5-figure coins.

I honestly think their coins, TO THE EXTENT I HAVE BEEN ABLE TO MATCH THEM UP (small sample), better match the coin in hand than any other online dealer with whom I have ever dealt. (again, this is a small sample) Less than 5 dealers, about 10-15ish GSC coins purchased over the years.

By far most of my coin purchases are made at back-country live auctions where I don't even GET, and don't NEED photos, because I get to examine the coin first. FWIW, that's ALSO how I buy from S/B also. I ALWAYS examine in hand before bidding.

What DOES disturb me about GSC coin listings is their photos are the only ones not getting technically better over time. It's normal to expect progress. I just checked, I can see far more on my stupid phone than I can on the full website. Now THAT'S odd.