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<p>[QUOTE=&quot;Lehigh96, post: 2129060, member: 15309&quot;]There were times when there were 4 auctions per week.&nbsp; In fact, there were was a time when they had 5-6 auctions per week.&nbsp; You can take my word for it, or you can ask me to prove it.&nbsp; Let me know which you prefer!</p><p><br /></p><p>Nobody ever said that there wasn&#039;t profit in rainbow toned coins.&nbsp; But the practice employed by Teletrade was to used rainbow toning as a marketing tool designed to attract bidders and boost prices.&nbsp; They did this by assigning the RAINBOW tag to many many coins that did not deserve the designation.&nbsp; We have heard several posters allude to this earlier in the thread, I&#039;m pretty sure Coinchemistry has mentioned it more than once.&nbsp; But nothing really puts this type of thing into perspective like a good example can. I purchased both of these Jefferson Nickels in December of 2009 from a Teletrade auction and both were given the RAINBOW tag. </p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Teletrade%20Coins/JN%201947-D%20NGC%20MS66%205FS_zps4d2u5cta.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Teletrade%20Coins/JN%201948-S%20NGC%20MS66%20wLabel_zpstqkt8eru.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>Alas, I did not save the TT photos, so you will have to decide on your own whether I have good enough credibility to believe that these coins actually came from a Teletrade auction.&nbsp; But if you do decide to believe me, would you call these two coins &quot;RAINBOW TONED?&quot;</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>That is not what was said in the first part of this thread.&nbsp; Nobody, including me, disputes that some AT coins have gotten past the graders at NGC or PCGS.&nbsp; What the pro-toning crowd has claimed is that it is not easy to get an AT coin past the graders.&nbsp; Furthermore, I would be willing to bet that there have been times where both services have paid for mistakes related to toning.&nbsp; I would also be willing to be that the owner of the coin was compensated for the price guide price without any premium.&nbsp; Once you have paid a premium for an AT coin in TPG plastic, the only way to recoup your investment is to pass it along to another unsuspecting collector.</p><p><br /></p><p><br /></p><p><br /></p><p>The pro-toning people have pointed out on many occasions that if it were easy to fool the TPGs with respect to toning, the rainbow toned coin market would be saturated with such coins.&nbsp; This led to a discussion about the availability of rainbow toned coins.&nbsp; Doug made a general statement that rainbow toned coins are &quot;common&quot; but never provided any other proof than, I have seen it with my own eyes at coin shows.&nbsp; The pro-toning crowd then proved that rainbow toned coins are not common by showing that the percentage of rainbow toned coins to total is&nbsp; &lt;1%.&nbsp; What hasn&#039;t happened is anyone in the anti-toning crowd challenging the math and providing their own proof.&nbsp; Will you be the one to do so?[/QUOTE]</p><p><br /></p>

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