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<p>[QUOTE=&quot;Lehigh96, post: 2121250, member: 15309&quot;]Rather than use complex terms like &quot;mind&#039;s eye&quot; I would rather just explain why those people changed their minds about the coins.&nbsp; Obviously, they liked the appearance of the toning and thought is was attractive enough to purchase.&nbsp; Did they evaluate the toning using their own standards or were they relying solely on the market acceptability provided by PCGS?&nbsp; I don&#039;t know, but it seems to me that there are enough kool-aid drinkers on the PCGS forum to think they relied solely on PCGS.</p><p><br /></p><p>Once they were provided with the information that they had been duped and that the coins were indeed AT, it is reasonable that their opinion would change for two reasons.&nbsp; First, every subsequent view of those coins would remind them of the fact that they were duped.&nbsp; That is not something that I would want to feel when I look at something that I supposedly cherish.&nbsp; It doesn&#039;t even matter if they should bear any responsibility for being duped, that information alone is enough to sour your opinion of owning that coin.&nbsp; Second and more importantly, the coin has lost monetary value if the person paid a premium for the coin.&nbsp; The PCGS label gives toned coins a measure of liquidity because it represents their seal of approval that the coin is not AT.&nbsp; Once that seal is gone, so is the liquidity that it provides.&nbsp; It is perfectly reasonable for someone to be upset after finding out that what they paid for is worth much less than what they paid.</p><p><br /></p><p>As to your follow up question, my guess is that even if they found out that the guy is lying, the negative impact of the entire experience and humiliation involved would force those collectors to part with those coins.</p><p><br /></p><p>My collecting practices are not nearly as dependent as those of the people you referenced in your story.&nbsp; If you look at my E-Bay store, I proudly announce that I deal in Appalachian Toned Jefferson Nickels.&nbsp; It is widely believed that these coins are artificially toned.&nbsp; However, I have owned a number of them and find the toning exquisite.&nbsp; I don&#039;t care about their reputation because their beauty along with the fact that they reside in NGC plastic gives them enough liquidity that I can still buy and sell them.&nbsp; My opinion of Appalachian Jefferson nickels is that the toning falls into the Borderline QT/MA category.&nbsp; Honesty, I don&#039;t know if they are AT or NT, and I don&#039;t really care.&nbsp; With respect to coins that I purchase for the intent to sell at a profit, I am more careful in my selection.&nbsp; I tend to stay away from coins that are questionably toned for the very reasons that started this thread.[/QUOTE]</p><p><br /></p>

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