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Toned Coins

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Author Previous TopicReplies: 14 / Views: 1,146Next Topic  
Pillar of the Community
USArmyParatrooper's Avatar
United States
1283 Posts
 Posted 10/19/2006  01:29 am Show Profile   Bookmark this topic Add USArmyParatrooper to your friends list Get a Link to this Message Number of Subscribers
A lot of coins will be advertised as "toned", and certainly sometimes it does add to the beauty. But how does natural toning affect the coin's value? Does it depend on the appearance of the toning? In other words, does it sometimes add value and sometimes subtract?
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longnine009's Avatar
United States
1247 Posts
 Posted 10/19/2006  02:05 am  Show Profile   Bookmark this reply Add longnine009 to your friends list Get a Link to this Reply
Yes it will add or subtract depending on how toning is viewed at any point in time and how the toning on a particular coin is viewed. It goes back and fourth. Sometimes toning is all the rage and sometimes "blast-white" is all the rage. And then what is is the definition of beautiful or awful toning becomes a question. Dark and black toning is often thought to be "ugly." But then black toning on the Black Beauty nickels from the 50's and 60's could hardly be "black beauties" unless they were black. Market factors have *never* been carved in stone, nor will they ever be.
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USArmyParatrooper's Avatar
United States
1283 Posts
 Posted 10/19/2006  02:41 am  Show Profile   Bookmark this reply Add USArmyParatrooper to your friends list Get a Link to this Reply
quote:
Originally posted by longnine009

Yes it will add or subtract depending on how toning is viewed at any point in time and how the toning on a particular coin is viewed. It goes back and fourth. Sometimes toning is all the rage and sometimes "blast-white" is all the rage. And then what is is the definition of beautiful or awful toning becomes a question. Dark and black toning is often thought to be "ugly." But then black toning on the Black Beauty nickels from the 50's and 60's could hardly be "black beauties" unless they were black. Market factors have *never* been carved in stone, nor will they ever be.



THIS is a thing of beauty IMO. Any idea what causes the "rainbow" tones?

http://cgi.ebay.com/1885-O-PCGS-MS6...en_W0QQitemZ160040280761QQihZ006QQcategoryZ39465QQrdZ1QQcmdZViewItem
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shatsi's Avatar
United States
1541 Posts
 Posted 10/19/2006  09:30 am  Show Profile   Bookmark this reply Add shatsi to your friends list Get a Link to this Reply
That looks like artifitial toning.
Valued Member
50cents's Avatar
United States
402 Posts
 Posted 10/19/2006  10:45 am  Show Profile   Bookmark this reply Add 50cents to your friends list Get a Link to this Reply
>> Any idea what causes the "rainbow" tones? <<

This type of tonning results from storage in original mint bags. The rainbow toning is cause by the coins resting against the canvas fabric of the bag.

It can add value and even a point or two jump in grade for eye appeal.

Dewayne
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Snooba's Avatar
Australia
1360 Posts
 Posted 10/21/2006  12:08 am  Show Profile   Bookmark this reply Add Snooba to your friends list Get a Link to this Reply
Ah the great toned debate. One man's beauty is another man's beast. In Australia we are not really into toning as much as you are over there in America. That said, however, there are some coins that are just spectacular when toned. I have seen coins with rainbow toning that are beautiful, definitely much more valuable. And I have seen some real dogs!
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Silver Dollar's Avatar
United States
287 Posts
 Posted 10/21/2006  02:10 am  Show Profile   Bookmark this reply Add Silver Dollar to your friends list Get a Link to this Reply
Toning is a matter of personal taste. It is a fad and sometimes certain toned coins are more valuable for a while then the interest dies off. To pay extra for a toned coin can be risky as you may not get your money back out of it, because the next person may not see toning as a good thing.
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janknez's Avatar
United States
595 Posts
 Posted 10/21/2006  09:27 am  Show Profile   Bookmark this reply Add janknez to your friends list Get a Link to this Reply
I hate toned coins. Seems to me it's just a phase on the road to tarnished silver.

I wonder how many would turn black eventually, if the progress were not arrested or at least retarded by enclosure in a storage device?
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Czech Republic
803 Posts
 Posted 10/21/2006  10:11 am  Show Profile   Bookmark this reply Add TwoKopeiki to your friends list Get a Link to this Reply
quote:
Originally posted by Silver Dollar

Toning is a matter of personal taste.



Absolutely agree. To me, a 200-year-old silver, coin should NOT look blast-white. Here is an example from my small collection of what I consider a beautiful coin :

Toned-Coins

Compared to most of the coins being sold on ebay by Ernie, who dips (although properly, without destroying lustre) 99% of his stock, like these:

Toned-Coins

In the end - collect based on what is attractive to you. If you don't like toning - refuse to pay premium for it and research how to dip "properly".

~Roman
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hadleydog's Avatar
Canada
1267 Posts
 Posted 10/22/2006  02:04 am  Show Profile   Bookmark this reply Add hadleydog to your friends list Get a Link to this Reply
But how does natural toning affect the coin's value? Does it depend on the appearance of the toning? In other words, does it sometimes add value and sometimes subtract?

Natural toning can enhance the eye appeal of a coin if the colors are vibrant and desireable. It can take away from the coin if the color is not desireable (ie mottled, dark, no luster).

Toned coins are not a fad...........collectors of toned coins have been around for years, and they have paid premiums for toning all along.

Here's a neat toner from my collection, it's an 1885 Morgan in pcgs 65dmpl. The images are from the Goldman auction catalog. Hope you like her!

Image: Toned-Coins 1885ms65dmplobv1.jpg
11.13 KB
Edited by hadleydog
10/22/2006 02:05 am
Pillar of the Community
AuldFartte's Avatar
United States
830 Posts
 Posted 10/22/2006  11:08 am  Show Profile   Bookmark this reply Add AuldFartte to your friends list Get a Link to this Reply
Roman, I love your example!!! That's how an old silver coin should look, IMO.

I don't think 100 year old coins should be blast white either ...
Toned-Coins
Toned-Coins

But I also love color, when it appears to be "natural" like this ...
Toned-Coins
Toned-Coins
Valued Member
Silver Dollar's Avatar
United States
287 Posts
 Posted 10/22/2006  1:11 pm  Show Profile   Bookmark this reply Add Silver Dollar to your friends list Get a Link to this Reply
This has been a very interesting discussion;
Coins all have their own personality. Their are to appreciated for what they are and the condition they are in at the present time. I have been collecting coins for over 40 years and personally love a beautifully aged coin. They just have such a great heritage. Toned coins have a unique appeal and a collections of all toned coins is just awesome. Thank goodness collectors all have different tastes. Would be awfully boring if we didn't!
There is a big difference between aged coins and toned coins to the individual collector. I have observed that most collectors specialise in one or the other. That's what makes this collecting so interesting. Experienced collectors see the difference immediately. I guess that's something learned from experience and everyones opinion is different. Aging, toning and condition are subject to each persons perspective.
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USArmyParatrooper's Avatar
United States
1283 Posts
 Posted 10/22/2006  6:37 pm  Show Profile   Bookmark this reply Add USArmyParatrooper to your friends list Get a Link to this Reply
The winning bid on the toned 1885-O toned Morgan was $451. The listed price on PCGS for an MS-64 is $67.

http://cgi.ebay.com/1885-O-PCGS-MS6...en_W0QQitemZ160040280761QQihZ006QQcategoryZ39465QQrdZ1QQcmdZViewItem

http://www.pcgs.com/prices/frame.ch...rgan_regular

Am I missing something? That seems like a lot to pay for even the most amazing color tone.
Edited by USArmyParatrooper
10/22/2006 6:38 pm
Bedrock of the Community
United States
20753 Posts
 Posted 10/23/2006  08:50 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
As so many already have said beauty is in the eye of the beholder. I go to about 3 coin shows a Month around here. Toned coins are not really a biggy at the shows. The more toned a coin the less chance someone will buy them. People will look and comment but for a collection they just don't buy. For a collection the coins must all be as new looking as possible. It appears that toned coins are a thing for the internet or somewhere where there are people that will spend money for a toned coin. Then there are so many people now trying to make them toned it just is not worth hoping one is NT.
I am one of those nuts that spends time occationally trying different methods to tone a coin. Yesterday was putting three Nickels in melted lead. Then pulling them out. I never did find one of them but 2 looked nicely toned.
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hadleydog's Avatar
Canada
1267 Posts
 Posted 10/23/2006  1:50 pm  Show Profile   Bookmark this reply Add hadleydog to your friends list Get a Link to this Reply
The more toned a coin the less chance someone will buy them. People will look and comment but for a collection they just don't buy. For a collection the coins must all be as new looking as possible.

Just Carl, for some folk the eye-appeal of a coin is as important as it's technical grade. About 12 years ago, I was starting to put together a date set of Morgans in the highest grade I could afford. All blast white, all very pretty (most 65's, common date 66's, vf 93-s, etc). Problem was, they all looked alike, and my most expensive coin (the 93-s) had by far the lowest eye-appeal out of my entire collection. Not cool.
At the Long Beach show that year, I found and got hooked on rainbow toned coins. Sold off my entire collection of 'blast-white' Morgans and started replacing them with the nicest colored in the best grade I could afford. Still paid a premium even back then, but nothing like today. People have mentioned that it seems foolish what some are willing to pay for color (and in many cases, they are right). People pay for quality, whether it's technical grade (registry top pop) or premium toning or scarcity.
I still love original, thick skinned coins....... but I prefer rainbows, and 'crusty' coins like AuldFartte and TwoKopeiki posted.
Collect what you like is the bottom line, and like what you collect.
Toned-Coins


Edited by hadleydog
10/23/2006 1:54 pm
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