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Replies: 15 / Views: 2,937 |
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Pillar of the Community
United States
755 Posts |
Hello all, I was really drawn to the images of this quarter on ebay. http://cgi.ebay.com/ws/eBayISAPI.dl...RK:MEBIDX:ITI have never gotten a toned coin like that before. I am interested in it because 1) as a type collector, I have hardly any quarters, 2) it is a fine MS example of a CC mint coin, and 3) the colors show tremendous personality in the coin. Do you think this coin is a good coin to bid on? And how much would be realistic for a coin like this? I would really like a toned CC Seated quarter... Thanks.
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Pillar of the Community
United States
1534 Posts |
Wow, that's nice. The first question you need to ask when considering bidding on a coin like this is the authenticity of the toning. It doesn't look outright suspect like many AT coins, but the evenness and the fact that most toners like that one, if natural, are in TPG slabs do leave a little cause for concern. Given the subjective nature of the values of toned coins, I'm not really sure where it'll land at but with that eye appeal and the toner fanatics out there, I'm sure it'll go for near moon money. It's all up to you and how much you like the coin but it might be better to do a little more research on NT vs. AT before bidding on a raw toner that valuable. Good luck and if you buy it the best thing to do would probably be to send it to a TPG.
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Moderator
 United States
23522 Posts |
Holy cow. Tough. Toned Seated quarters aren't uncommon, but if natural this one is off the charts. I wouldn't be surprised to see this one approach 4 figures; I think it reaches MS64 and would be a slam dunk at $1200 in a PCGS slab. Out of one, I wouldn't go over MS63 money for it. They're not truly rare in Mint State.
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Valued Member
United States
98 Posts |
Am I the only one who thinks that toned coins look like crap? I'd rather have one that has a nice whitish luster rather than distracting rainbow colors.
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Pillar of the Community
United States
2150 Posts |
Quote: Am I the only one who thinks that toned coins look like crap? Yes!
Edited by jokingjoker 10/09/2010 7:59 pm
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Pillar of the Community
United States
2150 Posts |
Just joking, when I first started collecting I wanted nothing but nice shiny clean coins with no toning. Over the years I have developed a fondness for them.
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Pillar of the Community
 United States
755 Posts |
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Rest in Peace
United States
4849 Posts |
That is a BEAUTIFUL coin! If AT, it was a professional job keeping the radiance of the luster as well. I agree with MS-64, and would probably get a star at NGC if original.
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Rest in Peace
United States
5375 Posts |
Hate to rain on everyone's parade, but the first thing you should ask yourself is why this coin is not already slabbed. This guy sells coins that are valued as high as $6000. That one is in a slab. The coin, while nice, looks potentially like it has minor compromising to the originality on the obverse because of the color schematic. The reverse I am 99% sure is original. PCGS may have put this in a genuine holder for questionable color based on the obverse, or even 'cleaned' because of a possible old wiping. This guy isn't stupid...I can almost GUARANTEE that he is selling it raw because PCGS rejected it for some reason or because there is some hidden flaw. I checked heritage/teletrade for crackouts and found nothing, so that is not an issue presumably. I'm not sure I even would agree with a PCGS/NGC rejection....they've been very tough lately, but that is likely the reason why he is selling it raw because this coin would be worth potentially above $2000 in a NGC 64 star slab.
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Pillar of the Community
 United States
755 Posts |
So you think he is selling a coin that he a) either knows to be a problem coin or b) is afraid will be accused of artificial toning? I did wonder why it was not already slabbed--and was wondering if aside from possible AT what I saw was a rim ding that stopped it from being graded. How do you check to see if it is a crackout?
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Pillar of the Community
United States
1534 Posts |
Quote:
So you think he is selling a coin that he a) either knows to be a problem coin or b) is afraid will be accused of artificial toning? I did wonder why it was not already slabbed--and was wondering if aside from possible AT what I saw was a rim ding that stopped it from being graded. How do you check to see if it is a crackout? There isn't a guaranteed way to find out if a coin has been taken out of the slab, you can check completed auctions on various sites to check though. I did mention that shadow and it probably would be rejected at a TPG but that coin still holds value raw and if submitted and if it received a numerical grade it'd be a jackpot for the winner. The rim nick looks to be minor and probably isn't the reason it would get rejected if sent in.
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Pillar of the Community
Canada
1267 Posts |
This guy isn't stupid...I can almost GUARANTEE that he is selling it raw because PCGS rejected it for some reason or because there is some hidden flaw.I have to agree with ShadowCreator on this one.....way to valuable a coin to be raw. Although I can't put my finger on it, there is just something about the toning that doesn't sit right with me. 
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Pillar of the Community
United States
511 Posts |
A Seated CC quarter with supposedly gorgeous toning being sold raw? Run, don't walk from this deal.
If the toning was the real deal and not AT, this piece would sell for well above -63 or -64 money in a PCGS or NGC holder.
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Pillar of the Community
 United States
755 Posts |
Thanks for your help. I did not buy this quarter.
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Moderator
 United States
16679 Posts |
Here what you have to ask yourself. Here is a coin dealer with a supposed $1200 coin in a 2x2 with staples. I don't store or sell $1200 coins that way, I just don't. You made the right decision. AT, possibly, I'm actually on the fence with this one. If I was confident it was natural, I would have sent it to PCGS in a heart beat. Again, just what I would have done.
swcoin.ecrater.com
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Valued Member
United States
447 Posts |
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Replies: 15 / Views: 2,937 |
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