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Look At This Toned Morgan

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vermontensium's Avatar
United States
16679 Posts
 Posted 12/01/2010  10:01 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
That or dipping!
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 12/01/2010  11:13 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
But wouldn't more come off, if it was dipped?
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vermontensium's Avatar
United States
16679 Posts
 Posted 12/01/2010  11:18 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Oh, big time. I was being more sarcastic. I've heard of people removing beautiful toning such as this, because they favor a "white" coin. How wrong their decision was :'(
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Canadian-Banknotes's Avatar
Canada
4944 Posts
 Posted 12/02/2010  12:15 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply

Quote:
I've heard of people removing beautiful toning such as this, because they favor a "white" coin.


Wow. I would take a toned coin over a "white" coin any day!
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hadleydog's Avatar
Canada
1267 Posts
 Posted 12/02/2010  12:30 pm  Show Profile   Bookmark this reply Add hadleydog to your friends list Get a Link to this Reply
Oh My, that is a beautiful coin.
I believe it is on consignment by a member from across the street, and I have held this coin in hand (it was then in an NGC 65* Pl holder). It is a monster, and the colors just explode when looking at it from any angle in hand due to the pl surfaces.
I have both bought and sold with this seller, so I am very familiar with what is represented by him and what the coins look like in hand. He does tweek his pics with photoshop to try to represent the colors as they appear at their best in hand. On toners, the look changes with every tilt of the coin, and some coins only come to life at certain angles, and that's tough to tell from a single image. FWIW, he takes several images of consignment coins and lets the consigner pick the ones he uses.
As for price, I could see 5k for that coin in a ms66 or ms67 holder, but not in ms65.
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carmykle's Avatar
United States
2448 Posts
 Posted 12/02/2010  12:59 pm  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
PCGS has it listed as a valid certificate worth approximately $175. Prices for these don't increase anywhere near this price until a much higher grade. PCGS says the 35 of these out there. Way overpriced and I think someone is looking for a sucker. There's one of us born every minute.
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biokemist6's Avatar
United States
12437 Posts
 Posted 12/02/2010  1:33 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply

Quote:
Prices for these don't increase anywhere near this price until a much higher grade

That statement completely ignores the market for toned coins. Monster toners can and do sell for a 5-20x premium over normal value. I personally have never paid that kind of premium(I like to buy my toners cheap and flip them for a profit) but I would certainly pay a hefty ransom for a stunningly toned coin that has a place in my personal collection.
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kelanies's Avatar
United States
56 Posts
 Posted 12/05/2010  03:01 am  Show Profile   Bookmark this reply Add kelanies to your friends list Get a Link to this Reply
A beautiful coin that deserves $500, not nearly the amount he is asking though... lol
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mattbrowning7's Avatar
United States
321 Posts
 Posted 12/06/2010  12:26 pm  Show Profile   Bookmark this reply Add mattbrowning7 to your friends list Get a Link to this Reply
Ya the color is just too bold and or artificial for me. I understand premium-almost bought a ASE for $300- but $4500 is robbery for that coin.

If I were to buy a toner on ebay, it would be from either john-strategies, eternitycoin, mbcoins, or kryptonitecomics. they seem to be the best at accurately describing color with little or no photoshopping.
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delaner's Avatar
United States
870 Posts
 Posted 12/06/2010  5:20 pm  Show Profile   Bookmark this reply Add delaner to your friends list Get a Link to this Reply
looks like AT to me... Pretty, but not $5k pretty! At least to me...
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vermontensium's Avatar
United States
16679 Posts
 Posted 12/06/2010  5:45 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
I believe beautifully toned coins demand a premium. At the Long Beach show here in So. Cal., there is one dealer that has slabbed morgans that look amazing, every color of the spectrum can be seen on his coins. Every year, the same coins are sitting in his case because of what he wants for them. For that kind of money, I'd rather have a higher grade piece of early Draped Bust copper.
I use to have a "rainbow" CC Morgan and would like to have another some day. Mine was a GSA and wish I still had it :-(
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Gothic Florin's Avatar
United States
2541 Posts
 Posted 12/06/2010  11:12 pm  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
That beast seems like it should be graded higher, but I would certainly want to see it in hand before paying $ like that for it.
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