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 Replies: 56 / Views: 8,590 |
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Pillar of the Community
Korea, Republic Of
1881 Posts |
Toning isn't considered a "damage" until it gets into the surfaces of the coin and causes environmental damage. Some collectors will call toning a "damage," but it's just tarnish that happens on every coin. There isn't a single coin that has no toning at all. All coins start to tone from the very moment of being struck with a die.
Natural toning, when it's attractive, can be sold for a premium. Even coins with toning that aren't very attractive are worth far more than a coin that has been cleaned/polished in order to get rid of the toning and make them "shiny" again.
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Pillar of the Community
 Canada
5417 Posts |
Quote:
Now I'm confused. I thought that coins that were "toned" were almost like "damaged" coins. I have some naturally toned silver dollars in their mint cases from the 1970s. Is it possible that they are worth more because of the toning? Coins, like any other salable product, run on the basic system of supply and demand, with one major difference, once a coin stops striking, supply stops and the case with older coins is that at the time of striking, demand for them was very low so supply was very low too. So now, when demand is high, supply remains low and this inflates the overall price. When people search the market for coins they are able to pick from whatever is available. Here's where eye-appeal becomes a factor. A coin that is worn is less valuable than that which is in mint-state not only because the mint-state coin is rarer but also because the mint-state coin is much better looking and doesn't have wear or damage. In the same way, superb rainbow toning is not only rare but eye-candy prompting people to pay (sometimes ridiculous) premiums for it. Look at my avatar, that's a Seated dime that I own, it's completely toned over with a rainbow patina and aside from that is mint-state. So, naturally someone would be willing to pay more for it than a bland, darkly toned coin or something that's been overly dipped. Hope me long rant adequately answers your short questions  Edited by zxcccxz
08/05/2014 10:06 am
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New Member
Canada
31 Posts |
So basically it boils down to whether a particular buyer likes coins with toning or not then the price is whatever the buyer is willing to pay. Is that right?
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Pillar of the Community
United States
1804 Posts |
DavidWriter Quote:
So basically it boils down to whether a particular buyer likes coins with toning or not then the price is whatever the buyer is willing to pay. Is that right? Yes. What the buyer will pay. And the price the coin owner is a willing seller. Toners are similar to peglegs  Not all collectors need/want either. Personally I collect Eisenhower toners and peglegs  |
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New Member
United States
38 Posts |
I think his coins are legit. They are more expensive than untoned examples but I bet he pays premium prices to get them and he specializes in toned coins so I wouldn't worry about them.
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New Member
Canada
31 Posts |
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Pillar of the Community
United States
1804 Posts |
David Quote:
What are peglegs? The short answer is the "R" in LIBERTY has no serifs |
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Pillar of the Community
United States
1804 Posts |
David Check out this 1974 S Eisenhower. The picture might be too small to see the left leg of the "R" in LIBERTY. Other peglegs are "CUT OF AT THE KNEE" Quiet radical. The nature of peggers is all over the place. If you have any interest you can study up on them. This is the only PIC I have in my bucket  |
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New Member
Canada
31 Posts |
Domain555 is this really the coin you meant to show me? In the post you said it was a 1974 but this looks like a 1976. Anyway is the left leg of the "r" the same as in a 1974?
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Pillar of the Community
United States
1804 Posts |
david, you are correct The coin shown is a 1976 Not a 1974 This 1976 pegleg is the only one I have in my bucket. Sorry about that  |
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New Member
Canada
31 Posts |
I'm not really familiar with U.S. coins. Are these "peglegs" common? Do they appear only on dollar coins or are they on others as well?
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New Member
Canada
31 Posts |
Back to the original topic of toning. Is there good natural toning and bad natural toning? How can I tell the difference?
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Pillar of the Community
United States
1804 Posts |
David Quote:
I'm not really familiar with U.S. coins. Are these "peglegs" common? Do they appear only on dollar coins or are they on others as well? I am a 7 month newbie here. 99% of my knowledge is with Ikes. Have about zero knowledge of other coins. Some peglegs are very rare Some are rare Some are scarce Some are common One example of very rare is the ESKIMO BOOT pegleg Some are DESIGNER peglegs. Others are die-state, die-abrasion, or die polished. This grouping has PROGRESSION attributes. |
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Valued Member
Canada
74 Posts |
Hi guys, I HuguesGervais and just joined the forum.
@sweetswede @artdio @doubleeagle59
I never AT, alter or dip coin.
I mostly buy (and sell) toned and when toning in uninteresting, I sell them quickly/cheap which mean I am left with the best toned coin. They are my personal collection and if I can make some profit, then I increase my collection.
I am bidding at most auction on toned coins.
Note: My full-time job is to sell fingerprint scanners and buying/selling coins is a hobby. I also a very photographer which help to show the real colour of toner coin. I am using Nikon camera with macro lens, and single source light which help to remove ICCS holder reflection. This help to bring the colour.
@doubleeagle59
Agreed. PCGS is more strict on toning than ICCS.
@AgCoinAu
Same comment. I don't AT or alter coin. If I did, I will have more on sales.
In most case, I bought theses coins already graded from other auction with toning already present
@jerry
Thanks.
@Domain555
I know. Too many WOW. I am French speaking so my use of adjectives is not too good. Often I see description in auction and would like to be able to come-up with these description.
@mdwoods
Yes exactly. And if they don't sell, they are still my collection.
But I don't sell any, then I cannot make some profit and increase my collection.
Something, it's difficult to let go of the coin.
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Valued Member
Canada
155 Posts |
Hi Hugues Gervais welcome I've bought a couple things from you before,I'll admit not the real high end ones I don't have that kind of money I wish I did.I thought they were very beautiful coins and not a bad price and I would buy again.
I have no idea whether there AT or NT ,But I know there very beautiful and beauty is in the eye of the beholder some like em some don't.
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Posted 08/05/2014 10:05 am
