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1921 Morgan Toner Value Question

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United States
15 Posts
 Posted 03/16/2024  9:16 pm Show Profile   Bookmark this topic Add SilverSchmitt to your friends list Get a Link to this Message Number of Subscribers
I recently bought a few '21 Morgan lots at auction. Mostly white and two are toned. One is richly toned and universal in color instead of blotchy. Is there a good resource to get an idea of value? I consider myself a beginner in terms of collecting and buying/selling. I've done decent buying at auction and selling to cover the cost of what I enjoy keeping. As I consider selling this toner I have no clue what to list for or where to list to capture the eye of those that stalk such coins. I would also be very happy hanging on to it as well though. TIA for your thoughts and advice on where to look for potential premium. I'll post a picture when I get to my computer to resize them.
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Bump111's Avatar
United States
3323 Posts
 Posted 03/16/2024  9:23 pm  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply
Looking forward to seeing this Morgan.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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howell1018's Avatar
United States
717 Posts
 Posted 03/16/2024  11:19 pm  Show Profile   Bookmark this reply Add howell1018 to your friends list Get a Link to this Reply
Valuation of toned coins is very subjective. Some love them, some not so much (I personally love them). If they are attractively toned (once again, "attractive" is subjective) they can bring prices in excess of what a coin that hasn't been toned would sell for. I think the only way to determine value for sure would be to put it into an auction.
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United States
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 Posted 03/16/2024  11:45 pm  Show Profile   Bookmark this reply Add SilverSchmitt to your friends list Get a Link to this Reply
I tried to get a few angles with lighting hitting it differently so you can get an idea of the full surface. These are much lighter than looking at the coin with the eye, but this was the only way you could still see the detail. The last one (professional photo from the auction) is probably closest to it's true color.

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Edited by SilverSchmitt
03/16/2024 11:57 pm
New Member
United States
15 Posts
 Posted 03/16/2024  11:51 pm  Show Profile   Bookmark this reply Add SilverSchmitt to your friends list Get a Link to this Reply
@Howell1018, Yes very subjectiive. If I went the auction route I would find out and simultaneously be selling it. I'd like to get an idea before doing so if possible.

I listed a slightly rose toned one and in the posting mentioned I had 7 others; two of which are more significantly toned. One is like a spotted cow...lol! the guy is going to pick that one up next week and it very interested in this one, but 1) I'm not sure I want to part with it and 2) I'm not sure what to consider letting it go for.

I would for sure keep it if I found a home for the other ones. Selling the other 7 would cover the cost of purchasing all 8, plus a little extra.
Edited by SilverSchmitt
03/17/2024 12:06 am
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johnhenry9009's Avatar
United States
244 Posts
 Posted 03/16/2024  11:59 pm  Show Profile   Bookmark this reply Add johnhenry9009 to your friends list Get a Link to this Reply
The toning could add about $25-30 above price guide. But as stated before toning is quite subjective.
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John1's Avatar
United States
56855 Posts
 Posted 03/17/2024  04:19 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
SilverSchmitt,

You can get an idea on value using ebay sold values. Just find one that is the same grade and similar toning.
John1
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Keith67's Avatar
United States
6525 Posts
 Posted 03/17/2024  06:49 am  Show Profile   Bookmark this reply Add Keith67 to your friends list Get a Link to this Reply
I'm not a fan. But that's me
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Coinfrog's Avatar
United States
94367 Posts
 Posted 03/17/2024  08:34 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Must admit I'm not into this sort of toning either.



to the CCF!
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Bump111's Avatar
United States
3323 Posts
 Posted 03/17/2024  08:54 am  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply
There is value in this type of toning for people who like this deep color. I expect you could get a little more for that coin in the right auction. For me, I echo Frog's preferences and prefer something a little less drastic.

Thanks for sharing with us.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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United States
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 Posted 03/17/2024  09:45 am  Show Profile   Bookmark this reply Add SilverSchmitt to your friends list Get a Link to this Reply
Thanks everyone for your input. I actually really like this but I wouldn't pay for in a coin either. I had compared some ebay and a Heritage comp. Not too many look like this that show sold prices. Just listed or crossed "best offer" list prices.

Really appreciate your thoughts and looking forward to learning more from here!
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 03/17/2024  12:52 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
I love toned coins, BUT, this one isn't attractive to my eye. Which goes to the comments saying the value is very subjective. I likely wouldnt be willing to go MS64 value on it.
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IndianGoldEagle's Avatar
United States
36678 Posts
 Posted 03/17/2024  1:39 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Rainbow toned and bullseye tone can pull high prices depending on what the buyer wants. Some toning without nice eye appeal will actually hurt value. I think this 1921 does not have the eye appeal to get to higher prices.
New Member
United States
15 Posts
 Posted 03/17/2024  3:29 pm  Show Profile   Bookmark this reply Add SilverSchmitt to your friends list Get a Link to this Reply
Toned coins baffle me. Like I mentioned, I like some types of toning but not to the extent I would pay much of a premium for it. If it comes in a lot of something else I like or I like it and the price is what I would normally pay for it.ok. I do have someone coming to pick it up for $50 over so at least he likes it enough. The other 5 I'm looking to move are pretty straight looking64s.

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Slider23's Avatar
United States
4468 Posts
 Posted 03/17/2024  7:46 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
The brown toning on your coin is not going to add value at time of resale. I would call the toning on your coin a natural to add value. The dark brown and blacks are the least least desirable colors to add value for toning. If you want toning that adds value, look for the rainbow toners and the mixture of of reds and greens on Morgans bring the most value. The best recourse to determine value is to do a toning search on ebay, and then look at the sold listings. Stay away from raw toners until you know what you are buying.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 03/17/2024  8:15 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Seriously curious about the value of this, which I wouldn't give a second look to .
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