Hello everyone just thought I would try to start a new thread on "Rainbow Coins". Sorry if someone already did one. I guess the question I would have is are these coins popular and worth money? Or are they mostly frowned upon. If they are valuable what is it that people who buy them look for? What is it that makes the coin stand out? What attributes makes someone pay top dollar? Which slab companies even give a "rainbow" rating? I open up the floor to everyone.
First, love your ID name! As far as I know, neither major TPGS does anything explicit regarding rainbows. It is a fashion that comes and goes over time, much as the rainbows themselves do. Those who love them are passionate about them. I personally couldn't care less.
Thanks for your responses. That is what I was thinking since there weren't many responders. I have a few nice ones but it is so hard to get a picture of them that does any justice to them.
Rainbow is just a from of toning. I personally love rainbow toning BUT not when it's over the entire coin. When you cant see silver anymore I don't like it. Toned coins usually bring a premium so depending on the rainbow coin and the buyer yeah it will be more expensive.
I will check them out thank you. I noticed mont of the penny ones cover the whole coin. I saw on you tube that a common date rainbow morgan sold for 40,000. It was sharp looking. Seems like it was a Heritage auction sale.
I don't believe that one bit. Especially coming from YouTube. Toning brings maybe up to 20% extra the price of the coin in normal condition.
They said it was a Legends auction. Regency 20 event. I haven't looked at there legend auctions websight to verify it.
Coins with truly vibrant colors can sell for huge premiums. But just because a coin has nice looking toning does not mean it is worth big money. Which colors are present, vividness, pattern, what percent of the coin is covered, if the date frequently comes nicely toned, an astute buyer's opinion of eye appeal, and probably a number of other factors will play in here. If the toning does not look natural, or if artificial toning is detected, you have a problem coin. If you post a picture of a coin here, you can get some opinions from the members. And yes, I know photographing toning is not easy.
I have seen some nicely toned common date Morgans go for mind-boggling prices in Heritage auctions. Fun stuff to watch.
I'm minded of a line from Sawyer Brown's Mission Temple Fireworks Stand: "It's like takin' twenty dollars, y'all, and watching it explode."
I didn't see any 40k morgans in that one, but there were a couple 20k. This may have been the one they were referring too http://legendauctions.hibid.com/lot...6-pl-cac-northern-lights/?cpage=5&ref=catalog
Yes thats the one cause I remember thinking how cool a name "Northern Lights". Working on some wheats so here are a few examples. What do ya think?
If you make a GIF of your rainbow toned coins it might really show-off the toning. I haven't made GIFs of the rainbow toned coins in my collection. Here is an ancient coin: