Well I thought this 1921 morgan was ugly at first, did some research, compared it to many others on e-bay with rainbow toning, its all natural toning, no doubt. People like to wish its AT, there is no toning on this coins raised lettering, if it were AT it would be on all raised letters, not to mention it has brilliant mint luster and cartwheel spin when you rotate coin. Beauty is in the eye of the beholder...read the link I posted above gives some great insight.
If you love the coin at this point who cares if its AT or not? If you love a coin you dont have to convince one other person anything about it just hang onto and take care of her and forget the rest
It is indeed an excellent link. However, I'm having a very hard time seeing how it justifies or backs up your opinion that the coin is "natural" or market acceptable.
If you can't tell the difference between your coin and those coins, you've much to learn. Mint planchet preparation processes in 1921 differed greatly than those employed for the earlier Morgan mintages. Keep in mind, 1921 smashed all previous years for Crown-size coin production; only 1889-P equaled the production of either Denver or San Francisco and Philadelphia doubled the 1889 production that year. They didn't have time - or inclination - to do it "right." So, none of the "rainbow" toning patterns held in such high regard from other years will be found on 1921's, only toning which would be disqualifying in previous years. Heck, I got a premium for this : I'm not prepared to say that the toning on the OP coin is artificial; the images aren't up to such consideration.
i dont like most tone coins but i do have a few that are lookers this one is not to me and i agree that its not a natural one