Beware of rainbow toning

The coin has iridescent shades of yellow, pink, and green that covers over 50% of the reverse surfaces, so yes, it is rainbow toned. What is the matter? Don't you like the photograph? Is the slab photo bad as well?



I have no idea where you were going with this, but rather than asking the members of this forum if they think that coin is rainbow toned, why not ask them what premium they think a coin with that color would command?

 

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That's one opinion, how about guys, is this coin RAINBOW toned?

 

@Chiefbullsit

No. I wouldn't call that rainbow toned.

This is rainbow toned (multiple colors):

 

I think a casual perusal of the PCGS Coin Facts coins would attest to the number of toners out there remembering that these were the one's with a TPOG "blessing".
On the 1878 8TF page close to 100 out of 250 have some degree of toning. Of that 100, 18 have what would be considered "monster toning" that range in grades from 67 to 62.

http://www.pcgscoinfacts.com/CoinImages.aspx?s=7072

 

Yes, I would expect a non dipped coin from that era to be toned. Again, not all toning is rainbow toning. And even assuming you are correct in describing 18 of them as monsters, there is obvious selection bias. PCGS isn't going to use the dipped out coins as plate coins obviously.

 

This "male bovine feces" idea that any coin of a certain age that isn't toned must have been dipped cannot go unchallenged. How do you explain the VAST majority of GSA coins, most from the 1880's, being nigh onto blast white? Did someone crack them out of the GSA's, dip them, and reseal them? Come on, you toning guys. Can't you just be happy to defend your niche? Do you have to make moronic arguments like "white coins must have been dipped"? I guess maybe you have to, huh? Or did I just miss the vast toning volcanic blast that toned all those 1878's but not the CC GSA's? Must have been early 1879, huh?

 

No Little Wing, that coin lacks ROYGBIV. Non-Rainbow.

 

I thought the colors themselves looked like they could have been natural. But the pattern looked real funny.

 

From what I can see toned coins are fairly common.

We are dealing with a couple issues here.

First 'rainbow' toning like what we are talking about here IS going to appear to be a small group to some and large group to others. We have VASTLY differing types of collections and so we have people viewing this from different perspectives.

I can see how toned coins represent a small overall portion of coins, especially the classics. Not many were saved in higher grades and THATS where this attractive toning typically occurs. You high AUs and MS coins.

Most people can't collect those or have no real idea about high grade coins. Almost every collector I meet is socking away common circulated examples; VERY few are even bothering with slabbed coins period, and even less just out looking for eye appealing coins in slabs.

So yes on one perspective toning is rare and largely goes unnoticed by a HUGE section of our hobby.

But on the other hand, if you like MS coins and do have an affinity for toned coins, finding examples has never been that difficult.

Doug isn't wrong in saying that whole auctions (or what would darn near appear to be) would have an extensive selection of magnificently toned coins.

There was a time and inventions BEFORE the Internet by the way, they are called BOOKS.

From the James Stack Sr. Auction 1994



Here's another:



Here's a snapshot from the Buckhead Sale

 

Here's some more examples




Another

 

And some more

 

Last one






So if you were into high end coins, then you would easily see the specimens as these were the auction catalogs you were getting. They were present and darn near full books were devoted to the toned coins with no mention of their 'rainbow awesomeness'

Also your math is broke due to the nature and degree of collectors versus the amount of specimens available.

Toned coins represent a small total of ALL coins minted, but a much larger portion of the pie when you look at the toned specimens in relation to say the surviving pieces of a series in AU-55 or higher where this toning is likely to occur AND now in the arena of collectors who are even looking for higher end pieces.

 

True, in the subpopulation of very high end multi tens to hundred thousand dollar coins in the catalogs you show. In the greater population, I believe false.

Also you show only a few pages from book sized catalogs. How do the rest of those coins look? Why so many different books with a page here and there instead of consequative pages from 1 or 2?

 

Doug has been active every page of this thread. Is he not competent to moderate or are you adding a double moderated layer just to be extra safe?

 

Books, huh? I'ma hafta look inta that.

 

(duplicate)

 

Had pcgs been photographing all coins from day 1 you would be right. However not only are photo's relatively new but only people who pay extra get photos. Now, who would really need great photos for their coins, toned or untoned?

 

NGC photographs every coin now. Has PCGS started that yet?

 

If not they really should. Best protection from slab counterfeiters is a photo you could reference.