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Why Do People Colorize Coins?

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sirdizzy's Avatar
United States
461 Posts
 Posted 09/14/2012  2:30 pm Show Profile   Bookmark this topic Add sirdizzy to your friends list Get a Link to this Message Number of Subscribers
It is the ugliest thing you can do to a coin makes me want to vomit everytime I see it. And heck half the time the coloring job is glaring I want to find the person who thought it was a good idea and beat them with a stick.

I was looking for a Silver Eagle for my type set and I went to two pawn shops near my work (figured you might find a really good Eagle in a Pawn shop at spot versus the coin shop that is going to charge a small premium on them). And the only one they had a was ized colored Eagle arghhhhhhh
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GerrodH's Avatar
United States
89 Posts
 Posted 09/14/2012  2:48 pm  Show Profile   Bookmark this reply Add GerrodH to your friends list Get a Link to this Reply
It's a marketing ploy for people who dont actually collect coins. I agree, it's annoying too.
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Gyrene7483's Avatar
United States
1704 Posts
 Posted 09/14/2012  2:52 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
People colorize coins because to them it makes them prettier and less boring. I don't care for colorized coins but there is a market for them and I have bought and sold a couple. They are harder to sell so unless they are greatly discounted I doubt I'll ever buy any more to sell.

Quote:
(figured you might find a really good Eagle in a Pawn shop at spot versus the coin shop that is going to charge a small premium on them)
Typically pawn shops charge more than coin shops for coins but there are exceptions. Coin dealers also have to pay the premium for the silver eagles when buying from their wholesaler. Retail the premium is usually $3.00 to $4.00 over spot.

Ed
ANA LM-3175
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sirdizzy's Avatar
United States
461 Posts
 Posted 09/14/2012  3:09 pm  Show Profile   Bookmark this reply Add sirdizzy to your friends list Get a Link to this Reply
Yea spot is $33 right now, coin shop told me $40 for the Eagle, part of the reason I was also hoping for a pawn shop is there is some close to work I can hit on a 10 minute break where the coin shop is a 15 minute drive each way with terrible hours of 10-5 M-F meaning I use my whole lunch hour to buy stuff there.
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CelticKnot's Avatar
United States
12811 Posts
 Posted 09/15/2012  01:46 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
Some folks are drawn to garish colorizations... if they're done well I appreciate them, but wouldn't collect them or invest in them unless (as others have said) I could get a good deal on them for silver value.

I just prefer the simple elegance of the un-"enhanced" ASE.

sirdizzy, you should be able to find a bullion shop around that will sell you an ASE for $3-4 over spot.

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kylecolb's Avatar
United States
438 Posts
 Posted 09/15/2012  4:07 pm  Show Profile   Bookmark this reply Add kylecolb to your friends list Get a Link to this Reply
ugliest coins ever imo
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Shirayasha's Avatar
United States
141 Posts
 Posted 09/15/2012  7:57 pm  Show Profile   Bookmark this reply Add Shirayasha to your friends list Get a Link to this Reply


Why-Do-People-Colorize-Coins?
Valued Member
Shirayasha's Avatar
United States
141 Posts
 Posted 09/15/2012  7:57 pm  Show Profile   Bookmark this reply Add Shirayasha to your friends list Get a Link to this Reply


Why-Do-People-Colorize-Coins?

Why-Do-People-Colorize-Coins?

Why-Do-People-Colorize-Coins?
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Shirayasha's Avatar
United States
141 Posts
 Posted 09/15/2012  8:00 pm  Show Profile   Bookmark this reply Add Shirayasha to your friends list Get a Link to this Reply
I wouldent mind owning one of those silver eagles as a novelty, I think the one with the gold color nice looking, and it still has the 1 oz silver content. It just isn't as nice to stack in bulk in my opinion
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ninamason's Avatar
United States
1227 Posts
 Posted 09/15/2012  8:34 pm  Show Profile   Bookmark this reply Add ninamason to your friends list Get a Link to this Reply
I would support colorization of some pieces IF it could be done without the result looking like a two-bit --for example, a gentle flesh-tone on presidents' faces, proper hair colour, etc. Unfortunately, the way I see this in my head looks kind of like controlled toning, and I don't know how you'd even begin to do that.
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trout1105's Avatar
Australia
7096 Posts
 Posted 09/15/2012  8:43 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
These came out this year.


Why-Do-People-Colorize-Coins?

Why-Do-People-Colorize-Coins?
New Member
2klbgoldcoin's Avatar
United States
8 Posts
 Posted 09/15/2012  9:27 pm  Show Profile   Bookmark this reply Add 2klbgoldcoin to your friends list Get a Link to this Reply
Take coin
put Barack Obama on it
Profit
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Broseph's Avatar
United States
979 Posts
 Posted 09/15/2012  9:35 pm  Show Profile   Bookmark this reply Add Broseph to your friends list Get a Link to this Reply
Yeah, you could fudge eisenhower to look like Barack Obama using solder and coin paint!
BIG MONEY BIG WIN


YOLO
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OldSkoolMadSkilz's Avatar
United States
2077 Posts
 Posted 09/15/2012  10:26 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list Get a Link to this Reply
The Aussie coin looks cool. The colored ASE looks like a lady in a flag carrying parsley.
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Shirayasha's Avatar
United States
141 Posts
 Posted 09/16/2012  12:20 am  Show Profile   Bookmark this reply Add Shirayasha to your friends list Get a Link to this Reply


Why-Do-People-Colorize-Coins?
Valued Member
Shirayasha's Avatar
United States
141 Posts
 Posted 09/16/2012  12:21 am  Show Profile   Bookmark this reply Add Shirayasha to your friends list Get a Link to this Reply
By your request haha
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