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 Replies: 37 / Views: 5,469 |
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Pillar of the Community
United States
937 Posts |
... and one day the pendulum will swing, as pendulums do, and someone will be buried under coins with environmental damage.
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Pillar of the Community
United States
4416 Posts |
IMHO, the OP coin has so many bag marks that it should've been an MS-62 at best. The colors mask many, small obverse marks. I can't help but wonder how the colors may change in time.
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Valued Member
United States
125 Posts |
You know it's funny. The one that was posted that only cost 2K appeared, in my opinion, to be far more beautiful than the one that sold for 6K. The colors were way too crazy. It frankly didn't even look like a real coin to me. It seriously reminded me of tie die t-shirts...
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Pillar of the Community
United States
7390 Posts |
And that's why they cost so much  |
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Bedrock of the Community
United States
12057 Posts |
I don't understand why people feel the need to tell others what they should and should not pay for coins. Yes, I get it, people make stupid purchases and pay way too much for way too little coin, but they earned that money, not you, and it's their right to spend it however they please. To me, this applies to a wide variety of hobbies, from art to sports cards to classic cars.
I might look at a Jackson Pollock painting such as #17A and see junk; but an art buyer apparently saw the same painting as a great buy for $200m in September of last year.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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New Member
United States
40 Posts |
photography is a BIG factor in toned coin sales...
if you notice on jhone e cash's site, all of his pics of the slabs have very strong light reflecting off of the plastic and the label...most of the emerald green colors onward (purples) tend to look very dark in hand unless viewed in the right reflection of light...
people poo-poo on very old Heritage pics of slabs, claiming they looked washed out....they do, for white coins, yet IMO very accurately portrayed the 'in-hand' perspective of toned morgans
Edited by cbc
05/14/2016 08:21 am
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Pillar of the Community
United States
1499 Posts |
I am glad that I never contracted the "color disease." There are so many interesting coins with a great history attached to them that you could buy for $7,499.
What is this 1885-O dollar? It's a common coin that was minted at the New Orleans Mint in 1885 that happened to come in contact with some chemicals that give it this type of tarnish. I'm not even sure that this color is natural. There's not much more to write about it.
Yes, people have a right to collect what they enjoy and spend their available funds in ways that they see fit, so long as they don't end up going on welfare as a result. Still inexperienced collectors should know that there is a group of very experienced collectors who view this segment of the market with caution when the prices go up by factors of 90 to 100 times the normal price because one side of the coin has bright, colorful toning on it.
Edited by billjones
05/14/2016 09:06 am
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Pillar of the Community
United States
4416 Posts |
@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!
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Pillar of the Community
United States
4989 Posts |
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
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Valued Member
United States
392 Posts |
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 |
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Valued Member
United States
452 Posts |
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... |
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Pillar of the Community
United States
7390 Posts |
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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Moderator
 United States
16679 Posts |
Sorry, this guy will never get half his money back. Guess he better enjoy it  swcoin.ecrater.com
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Pillar of the Community
United States
4416 Posts |
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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Pillar of the Community
United States
1346 Posts |
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
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Replies: 37 / Views: 5,469 |
First Page
Posted 05/04/2016 4:31 pm
