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What Do You Think, Are Toned Coins A Fad?

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SsuperDdave's Avatar
United States
23522 Posts
 Posted 06/30/2014  5:01 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Toners will always have their fans. Its my opinion that the massive premium they enjoy is transitory, though, perpetuated (for the moment) by investors who know nothing about coins save what they read in investment advice blogs.

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shadowtrooper78's Avatar
United States
1370 Posts
 Posted 06/30/2014  5:24 pm  Show Profile   Bookmark this reply Add shadowtrooper78 to your friends list Get a Link to this Reply
@superdave those are similar to my thoughts although I needed to hear it from someone more experienced....I love a nice toner but never in my life could I understand why people fork over 2k for a ms64 81-s that has neon toning. I'm "toning" an American eagle right now on my windowsill. May have to post the progression if I get the chance. Just moved and got married not much coin time these last few months
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cipster's Avatar
United States
2362 Posts
 Posted 06/30/2014  5:55 pm  Show Profile   Bookmark this reply Add cipster to your friends list Get a Link to this Reply
I guess I'm at the opposite end of the spectrum than most collectors regarding toning. I don't like toning, and would never buy a toned coin. Give me an old piece of copper instead.
Member ANA and EAC

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zxcccxz's Avatar
Canada
5417 Posts
 Posted 06/30/2014  6:01 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
Pssh... not a chance, I love rainbow toning, dark toning, light toning. Aside from a few select series' of coins (Like Canadian Silver Dollars), I will always take a toned coin of the same grade and type over a brilliant white untoned (and likely dipped/cleaned/polished) coin.

Here's my best toner:
What-Do-You-Think,-Are-Toned-Coins-A-Fad?

Now does that mean that I will pay ridiculous prices? Absolutely not.


Quote:
I ask this due to what seems to be a lot of controversy surrounding AT/NT which has been discussed here before. I personally love a nicely toned Morgan or any other silver for that matter. But it seems that the premiums on some of these "monster" type toned coins are a bit ridiculous (to each their own). Myself, I'll pay retail plus maybe 10% on a really nicely toned Morgan. I was watching art and coin tv with Barry Chappell (purely for entertainment value) He had some really nicely toned morgans up, first time I've seen him carry these types. He auctioned them off...common dates bringing upwards of 2k.

I guess my questions goes to the more experienced collectors who have been around the hobby longer than I have (5 years). Has there always been a fascination with attractively toned coins, or is this just another passing fad?


I see people paying $200+ for a Common Date 64 and I feel disgusted, that dealers are hyping up prices for toned coins so high, that it's hard to buy nice coins anymore. Maybe that's why I don't buy coins that often, Because I like to pay less than retail to start with and will pay retail for pieces that I really like and catch my eye (They come around once in a while).

I don't think toned coins are a fad, but I think that once people realized what these dealers who sell them the coins are willing to buy them back for, they'll stop paying ridiculous premiums.

Edited by zxcccxz
06/30/2014 6:34 pm
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Darth Morgan's Avatar
United States
2815 Posts
 Posted 06/30/2014  6:34 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply
I'll never tire of toned coins. Love 'em.
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jdmern's Avatar
United States
1949 Posts
 Posted 06/30/2014  7:26 pm  Show Profile   Bookmark this reply Add jdmern to your friends list Get a Link to this Reply
I LOVE toned coins. My top 20-30 favorite coins in my collection have nothing to do with value, they are beautifully toned coins with (IMO) off the charts eye appeal. 2 caveats to this point, however:
1. Clear AT toned coins, to me at least, are unattractive. IMO, 95% of AT toned coins are pretty obvious, they don't follow a correct color progression or there is clearly something wrong with the coin. A small percentage of toned coins could seem to go either way, this is where I think the 'monster' toned coins fit in. Most of these coins that would seem to go either way I would not purchase simply based off of photos, I would simply need to see them in hand.
2. As much as love toned coins, I also love buying smartly. I hate to overpay for coins, and while I will pay a bit of premium for a coin I simply love the look of, I still have difficulty paying more than a small percentage over retail market for an average example of the same coin.

Here are 3 examples of toned coins from my collection that I find especially appealing:

What-Do-You-Think,-Are-Toned-Coins-A-Fad?

What-Do-You-Think,-Are-Toned-Coins-A-Fad?

What-Do-You-Think,-Are-Toned-Coins-A-Fad?

(The photo of the last one doesn't represent the color of the coin too well, it is literally an even pale blue!)
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robbudo's Avatar
United States
2757 Posts
 Posted 06/30/2014  11:17 pm  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list Get a Link to this Reply
I'd love to see these toned coins in 100 years. They definitely won't look the same as they do now.
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robbudo's Avatar
United States
2757 Posts
 Posted 06/30/2014  11:20 pm  Show Profile   Check robbudo's eBay Listings Bookmark this reply Add robbudo to your friends list Get a Link to this Reply
i hope it isn't a complete fad though! I have about 30 coins I've 'naturally toned' over the past 15 years. they are almost perfect (by the standards of those who desire this particular type of oxidation).
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Cruisinfusion's Avatar
United States
1531 Posts
 Posted 06/30/2014  11:52 pm  Show Profile   Bookmark this reply Add Cruisinfusion to your friends list Get a Link to this Reply

Quote:
I personally do not like toned coins because it makes details hard to see


I agree completely. I prefer white/untoned coins because I can see and appreciate every last detail.

To those who say that all blast white coins are dipped...
No. There's a likely chance that they are not dipped and polished. All the coins that didn't touch to edges of the mint bags, for example, were blast white because they weren't exposed to the elements that creates a naturally toned coin. Take the GSA CC and other Morgan dollars: straight out of the mint bags and into the GSA holders - no dipping involved. They didn't have time to dip hundreds and hundreds of thousands of coins. And not only that, when you think about it, a coin stored under the right conditions would not be toned either.

Good discussion.

And to answer the OP's question, NO! There's a certain way that you can tell the difference between a naturally toned coin versus an artificially toned coin. The order that the colors form and the range of colors on the coin are key to finding out whether or not the coin is naturally toned. True, honest, wonderfully "monster toned" Morgans deserve the premium that they bring.

Just my Three Cents. Whoops, Two Cents.
Edited by Cruisinfusion
07/01/2014 12:01 am
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buddy16cat's Avatar
United States
1536 Posts
 Posted 07/01/2014  12:21 am  Show Profile   Bookmark this reply Add buddy16cat to your friends list Get a Link to this Reply
I always prefer interesting toned coins like a red color or something. Many collectors especially beginners like the white faced coins so I sell them to them and keep the toners.
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westcoin's Avatar
United States
9792 Posts
 Posted 07/01/2014  12:23 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
I like both. A really nice toned rainbow colored Morgan can sure bring a premium too, upwards of $5K on some of them I've seen. I also like the blast white all natural undisturbed luster of silver coins. Each can be pleasing.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
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Domain555's Avatar
United States
1804 Posts
 Posted 07/01/2014  12:42 am  Show Profile   Bookmark this reply Add Domain555 to your friends list Get a Link to this Reply
Fad? Who cares if it is not forever. Good (high) prices are being achieved now, on ebay

Sell some Raw, and enjoy.

Just saw an Ike (Raw) with 60+ bids. Think it went for $500+

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United States
20753 Posts
 Posted 07/01/2014  10:44 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Remember there are many varieties of coin collectors. Some like coins to look as they were minted. Some like error coins. Some toned coins. Some use Albums. Some use all 2x2 flips. The amount of variations in coin collecting is what makes it rather more interesting.
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Domain555's Avatar
United States
1804 Posts
 Posted 07/01/2014  11:58 am  Show Profile   Bookmark this reply Add Domain555 to your friends list Get a Link to this Reply
Just Carl===============


Quote:
Remember there are many varieties of coin collectors. Some like coins to look as they were minted. Some like error coins. Some toned coins. Some use Albums. Some use all 2x2 flips. The amount of variations in coin collecting is what makes it rather more interesting.



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kanga's Avatar
United States
5825 Posts
 Posted 07/01/2014  7:25 pm  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
IMO, yes, they easily cold be.
When I started collecting "blast white" was what people wanted.
Not so much anymore (except for some old guys like me).
Same could happen to toned coins.
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