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 Replies: 11 / Views: 1,646 |
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Valued Member
469 Posts |
I'm new to collecting/selling and I was wondering if anyone with more knowledge than myself can enlighten me as to the value of toned coins. Here's an example: http://www.ebay.com/itm/391019371487I don't consider myself an expert, but that is a very good looking coin listed at a negotiable price that's already seemingly low considering the potential grade of the coin. |
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Pillar of the Community
United States
1653 Posts |
Tarnished silver coins weren't always popular, Pytelic. Why that changed has baffled me.
The coin you've linked to has no eye appeal, and is priced at MS64, which it is not.
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Valued Member
167 Posts |
Toned coins? No. Attractively toned coins? Typically, yes.
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Pillar of the Community
Canada
2517 Posts |
It depends on the toning. If it has eye appeal, then it typically goes higher.
Any toning can either increase or decrease the amount of money it usually goes for. It depends on who wants it based on its toning. Some people like it, some don't.
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Moderator
 United States
23522 Posts |
Toned coins do go for more money, but this one isn't a very good example. The toning isn't particularly fantastic, and I'm unsure if I'm seeing wear or not on it. Either way, for a coin available up to MS69 I'm not seeing $80 worth of Morgan.
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Pillar of the Community
United States
7840 Posts |
You gotta be careful whether the coin has toned "naturally" or "artificially". At times it is easy to determine, other times...not so much.
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Rest in Peace
United States
10625 Posts |
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Pillar of the Community
United States
3755 Posts |
Yes they do. I do not see anything that leads me to believe their PL claim. And the breast feathers appear to have very slight wear. If that is true, that is an AU58. If not, I would not give that a super high MS grade. I believe that even given the beautiful toning, they are asking a bit too much. In hand might be different.
I made on offer of 54.99. Declined. Ah well.
Edited by smokeriderdon
01/06/2015 4:49 pm
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Pillar of the Community
Canada
4944 Posts |
Toned coins with exceptional eye appeal, can sell for multiples of any guide price. Just look at the Simpson Morgan dollar collection, that was recently auctioned off by Legend. Lot 143: 1881-S Morgan dollar PCGS MS-68+ - Sold for $45,825. Numismedia values a MS-68 at $4,310 and a MS-69 at $41,880.  Lot 148: 1882-S Morgan dollar PCGS MS-67+ - Sold for $21,150. Numismedia values a MS-67 at $1,030 and a MS-68 at $4,660.  Simpson Collection at Legend: Starts halfway down page 3. http://legendauctions.hibid.com/cat...=158&cpage=1 |
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Pillar of the Community
United States
1566 Posts |
It's all about eye appeal. Toned coins are for seasoned collectors whereas newcomers and investors wouldn't think of buying a toned coin over a white (probably dipped) piece.
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Pillar of the Community
United States
4337 Posts |
 ALL ABOUT EYE APPEAL The morgan pictured is a lovely example of a fully toned surface. Others may prefer outer rim toning towards a silver center:  |
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Pillar of the Community
United States
2200 Posts |
Toned coins can indeed command a premium, but it does depend on the eye of the beholder. As with any collectible, an item is only worth as much as someone is willing to pay for it.
The coin you showed is nicely toned (on the reverse only), but no way would I call it "prooflike"! It's scratched, dirty and plenty worn. Compare to CB's coins above to see what I mean.
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Replies: 11 / Views: 1,646 |
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Posted 01/06/2015 2:58 pm
