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 Replies: 17 / Views: 3,992 |
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Moderator
 United States
14463 Posts |
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Pillar of the Community
Australia
7096 Posts |
Why not just buy raw coins, That way you are not paying the premium for getting the coin slabbed in the first place.
I have noticed in australia that slabbed coins are priced 2-3 times more than an eqivelant raw coin.
Is it the same in the US?
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Pillar of the Community
United States
1510 Posts |
yes cheapslabs--good deals there
Retired USAF 1983-2003
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Valued Member
 United States
99 Posts |
trout1105: raw coins can be cheaper here as well but, mainly because slabbed coins are more precised in grade,not because it is slabbed.i dont buy the slab I buy the coin.main reason I prefer the slabbed coin for toned morgans is simply to limit the risk in getting an artificial toned coin.i am still not good at identifying an AT coin versus a natural toned coin.
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Valued Member
United States
99 Posts |
i looked at cheap slabs.thanks.
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Pillar of the Community
United States
6396 Posts |
If you are looking specifically for toned Morgan dollars the certification becomes pretty important. Many colorful Morgans have been artificially toned and are recognized and rejected for no-problem grading by the major grading services. If you spring for the slab you are getting a professional opinion that the specific coin is not an AT example. If you buy raw you are taking a significant chance that your rainbow beauty is actually an altered piece worth less than an original AU to an knowledgeable collector. |
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Valued Member
United States
227 Posts |
Gotta keep in mind toned examples are worth a lot more to some people. Here's an example of a "rainbow" toned 1964-D JFK half graded PCGS MS64:  The PCGS suggested price for this coin is $17, but it sold for $145 on ebay. There were no bidding wars going on either - 16 bids from 16 different people. It might be expensive if you want the really attractively toned coins, but stay patient with ebay. What I've learned is that prices can be pretty volatile on there (unbelievably high sometimes) but on occasion you can find an amazing deal. It's a combination of timing and patience. I also agree with only buying slabbed coins if they are toned, especially Morgan dollars. |
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Moderator
United States
189767 Posts |
Quote:
Here's an example of a "rainbow" toned 1964-D JFK half graded PCGS MS64: I just have to say...  |
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Pillar of the Community
United States
1770 Posts |
that toned coin does nothing for me looks like a mess in my opinion
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Pillar of the Community
United States
1554 Posts |
I agree MOnks! Although it could be used for target practice.
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Valued Member
United States
122 Posts |
Fuzzy and basebal21 thanks for posting those links. Now I'm going to purchase coins from them. Jpcoins good topic ..
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Pillar of the Community
United States
6396 Posts |
I like that toned Kennedy half and would love to own it, but not for $145. I'm not surprised someone was willing to pay so much. Bet the seller was pleased! |
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Pillar of the Community
United States
561 Posts |
M0nks, I have to agree. I am not a fan of toned coins at all. My tastes may change but right now I can't see me ever putting one in my collection intentionally.
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Bedrock of the Community
13014 Posts |
latebloomer, youre very welcome. Also both of those stores I linked have ebay stores that carries a different inventory than their regular store as well |
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Pillar of the Community
United States
3276 Posts |
Yeah I'd hate to break it to you, but those coins selling for outrageous prices... well that is their market price. If people are willing to spend it, then that is what the coins new value is. I have been seeking a nice toned morgan for my dansco 7070 for a few months now. Seems like normal for a nice toner is 2x suggested value usually. It's not fun, but there's a reason people are paying that much, because it is worth it to them.
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Replies: 17 / Views: 3,992 |
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Posted 05/27/2012 04:54 am
