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Don't Overpay For Color

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Pillar of the Community
United States
4416 Posts
 Posted 05/14/2016  09:30 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list
@billjones ... I couldn't have said it better, more succinctly.

I'd not criticize someone spending that amount of cash on a common date but colorful coin. Yet, I couldn't help but ponder just how many truly historic coins and tokens that amount would buy, counterstamped or not!
Pillar of the Community
United States
4989 Posts
 Posted 05/14/2016  12:35 pm  Show Profile   Bookmark this reply Add fenton to your friends list
One thing to be cautious of is modern cameras can pick up differences in shade that the human eye cannot. What looks like a spectacular rainbow coin on ebay might be dark with just subtle variations in hand.

ALWAYS check the return policy and, ideally, buy these coins at shows where you can see them NOT based on pictures. And don't pay more than a 3-1 price premium over true value. Even that is stretching it.
Edited by fenton
05/14/2016 12:38 pm
Valued Member
United States
392 Posts
 Posted 05/14/2016  8:15 pm  Show Profile   Bookmark this reply Add jack316 to your friends list
For the most part, I agree with Andrew99. My comment isn't about what people "should" or "should not" do, but rather on the issue of "monster toning" in general.

Since this craze has been in the spotlight, shrewd sellers have learned to artificially "tone" coins to the point that, although they are beautiful, I would never buy one based upon its great colors, with no way of knowing how the coloring was achieved. I agree with others that there will come a time that such coins will be considered environmentally damaged. When that day comes, we'll be able to buy pretty cartwheels for $80, that were once purchased for for $6,000. No one can predict what shift the coloring might take in the years ahead.

I just think it's way too much of a gamble at the prices toned coins are going for. That's just my opinion. For Heaven's sake, don't follow my advice. I always pick the wrong isle at the grocery store! Jack
Valued Member
United States
452 Posts
 Posted 05/14/2016  10:43 pm  Show Profile   Bookmark this reply Add AES to your friends list

Quote:
Markets do ebb and flow so in 10 yrs will the values hold? That's the question and the gamble moster morgan collectors and registry guys make


The other question I have is what will these coins look like in 10 years? The tarnishing process has obviously progressed a great deal already...
Pillar of the Community
United States
7390 Posts
 Posted 05/14/2016  11:57 pm  Show Profile   Bookmark this reply Add Cascade to your friends list
In 10yrs, in a slab, probably won't change much. In 100yrs though, will it go from 2nd to 5th stage while in a slab? Who knows maybe. Will it go from say 2nd to 3rd. Probably
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16679 Posts
 Posted 05/15/2016  12:48 am  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list
Sorry, this guy will never get half his money back. Guess he better enjoy it
swcoin.ecrater.com
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United States
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 Posted 05/15/2016  01:12 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list

Quote:
In 10yrs, in a slab, probably won't change much.


Might not the colors be affected by temperature, light and/or humidity?
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 Posted 05/15/2016  03:37 am  Show Profile   Bookmark this reply Add 999fine to your friends list
You can lead a horse to water, and if it is thirsty enough, it will drink nearly anything.

After seeing a video, link posted here which I cannot find, about anodizing "toning", I am very questionable about toned coins.
Edited by 999fine
05/15/2016 03:41 am
New Member
United States
40 Posts
 Posted 05/16/2016  08:04 am  Show Profile   Bookmark this reply Add cbc to your friends list
the difference that lighting can make for a toned coin:

heritage:

Don't-Overpay-For-Color


jhone:

Don't-Overpay-For-Color

New Member
United States
40 Posts
 Posted 05/16/2016  08:20 am  Show Profile   Bookmark this reply Add cbc to your friends list
one more:

heritage:

Don't-Overpay-For-Color


jhone:

Don't-Overpay-For-Color
Valued Member
United States
392 Posts
 Posted 05/16/2016  12:54 pm  Show Profile   Bookmark this reply Add jack316 to your friends list
cbc - Thanks for taking time to provide GRAPHIC EVIDENCE of the ability of simple lighting technique to alter the perception of color (toning) and condition. They say a picture is worth a thousand words, in this case the picture clearly is worth $6,000.00!

Wouldn't it be great to advance the clock 50 years or so, and make the same comparison? Jack
CCF Advertiser
United States
1533 Posts
 Posted 05/16/2016  1:06 pm  Show Profile   Bookmark this reply Add Andrew99 to your friends list
I have this problem too with photography of coins. If you don't have an expensive camera, you have to take the picture at an angle (see jhone's 1st pic above) so that you don't get a strong reflection of the lights off of the plastic holder, or the coin (particularly proof or prooflikes). Pictures taken at an angle look different where toning is involved. Heritage can take pictures straight on. I'm not sure what their cameras cost.
Pillar of the Community
United States
7390 Posts
 Posted 05/16/2016  7:29 pm  Show Profile   Bookmark this reply Add Cascade to your friends list
It's more about the lighting technique, axial lighting, than it is the camera.
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 Posted 05/17/2016  09:22 am  Show Profile   Bookmark this reply Add cbc to your friends list
here is the OP coin at GC in 2012, sold for $2640:

http://www.greatcollections.com/Coi...-MS-64-Toned


quite a profit!
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United States
1533 Posts
 Posted 05/17/2016  1:36 pm  Show Profile   Bookmark this reply Add Andrew99 to your friends list
I think when values for a single attribute become disconnected from any objective grading or certification, you are back in the world of uncertified items where the seller can buy at $2640 and sell for $6,000. This is the way the coin business was all over in the 80's. When the buyer brings it to a show or dealer, he may end up with offers of $500 - $1500 and will never buy a coin again.
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