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<p>[QUOTE="Lehigh96, post: 2129451, member: 15309"]So you think that I don't understand toned coins because I haven't seen enough auction catalogs?</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Auction%20Catalogs/IMG_1230_zpsm2gqnxv9.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>And I know that those coins are part of the certified population. But very few of them are rainbow toned.</p><p><br /></p><p><br /></p><p><br /></p><p>Fine, we will look at the numbers for the series that is most common with rainbow toning, Morgan Dollars. The total certified E-Bay population of Morgan Dollar is 13,651 and the total number listed as rainbow toned is 664. After looking at the first 50, only about half actually qualify as rainbow toned or certified. So the math is (664/13651)/2 = 2.4%. Guess what, it still looks small.</p><p><br /></p><p><br /></p><p><br /></p><p>Again, we are not talking about the same coins. You are talking about ultra rarities that have mostly 4, 5, or 6 digit price tags. I have only ever owned two coins that cost more than $5K. The people who buy the coins you are showing are not people in my league, they are rich people.</p><p><br /></p><p><br /></p><p><br /></p><p>I never said I didn't see any. I said "barely any," "handful," and "very few." And the ones I did see barely qualify as rainbow toned. And yes, I'm looking at the coins you posted. What is clear is that you think that any hint of color qualifies a coin as "rainbow toned." The coins you posted are toned, not rainbow toned.</p><p><br /></p><p><br /></p><p><br /></p><p>OK, I will give my categorization of each coin.</p><p><br /></p><p>214 5c: NO (Light peripheral toning)</p><p>232 5c: NO (Light pastel toning)</p><p>332 30c: NO (Monochromatic toning)</p><p>342 25c: NO (Your wasting my time with coins like this)</p><p>271 10c: NO (Monochromatic toning)</p><p>337 25c: YES (Barely-looks like a progression of 3 colors on obverse)</p><p>344 25c: NO (Monochromatic toning)</p><p><br /></p><p>347 25c: NO (Brown and blue is not rainbow)</p><p>352 25c: NO (Mottled blue and violet is not rainbow)</p><p>359 25c: NO (Brown and blue is not rainbow)</p><p>361 25c: NO (Blue and violet is not rainbow)</p><p>363 25c: NO (Blue and violet is not rainbow)</p><p>355 25c: NO (Peach and lavender is not rainbow)</p><p><br /></p><p><br /></p><p><br /></p><p>The plate coins will always contain the rarest and most eye appealing examples. But what you showed were a whole bunch of rare coins with some toning. If the toning patterns that were on any of the coins you posted were on a Morgan Dollar, the associated toning premium would be very small if any premium at all.</p><p><br /></p><p><br /></p><p><br /></p><p>No, I want you to stop wasting my time with this nonsense. First, the coins you are posting are not rainbow toned despite your desire to call them so. Second, you are posting rare expensive coins that have no chance of ever being artificially toned and have no bearing on the bigger topic of this thread. Third, you are posting a ton of proof coins which don't tone with the same patterns as mint state coins and were stored much differently. </p><p><br /></p><p>We are talking about this:</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Picture050.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>A rainbow toned coin is a coin showing vibrant colors that progress from yellow to magenta to cyan. Obviously, this coin represents the pinnacle of rainbow toned coins. If you need a better idea of what we are talking about, please read this thread:</p><p><br /></p><p><a href="https://www.cointalk.com/threads/rainbow-tonings-effect-on-price.39837/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/rainbow-tonings-effect-on-price.39837/">Rainbow Toning's effect on price</a></p><p><br /></p><p>Specifically, post number 13.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>All of those coins that have those descriptions are expensive old toned proofs. Again, they are not the coins we are talking about. And iridescent doesn't mean rainbow, it usually means that the toning will change appearance when rotated in the light. Sometimes that change means it basically disappears. Blue-green is just that, not rainbow. And if you don't think people use descriptive words on E-Bay then you have not looked at my coins.</p><p><br /></p><p><br /></p><p><br /></p><p>You are right, toned coins are easy to find, rainbow toned coins are hard to find.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 2129451, member: 15309"]So you think that I don't understand toned coins because I haven't seen enough auction catalogs? [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Auction%20Catalogs/IMG_1230_zpsm2gqnxv9.jpg[/IMG] And I know that those coins are part of the certified population. But very few of them are rainbow toned. Fine, we will look at the numbers for the series that is most common with rainbow toning, Morgan Dollars. The total certified E-Bay population of Morgan Dollar is 13,651 and the total number listed as rainbow toned is 664. After looking at the first 50, only about half actually qualify as rainbow toned or certified. So the math is (664/13651)/2 = 2.4%. Guess what, it still looks small. Again, we are not talking about the same coins. You are talking about ultra rarities that have mostly 4, 5, or 6 digit price tags. I have only ever owned two coins that cost more than $5K. The people who buy the coins you are showing are not people in my league, they are rich people. I never said I didn't see any. I said "barely any," "handful," and "very few." And the ones I did see barely qualify as rainbow toned. And yes, I'm looking at the coins you posted. What is clear is that you think that any hint of color qualifies a coin as "rainbow toned." The coins you posted are toned, not rainbow toned. OK, I will give my categorization of each coin. 214 5c: NO (Light peripheral toning) 232 5c: NO (Light pastel toning) 332 30c: NO (Monochromatic toning) 342 25c: NO (Your wasting my time with coins like this) 271 10c: NO (Monochromatic toning) 337 25c: YES (Barely-looks like a progression of 3 colors on obverse) 344 25c: NO (Monochromatic toning) 347 25c: NO (Brown and blue is not rainbow) 352 25c: NO (Mottled blue and violet is not rainbow) 359 25c: NO (Brown and blue is not rainbow) 361 25c: NO (Blue and violet is not rainbow) 363 25c: NO (Blue and violet is not rainbow) 355 25c: NO (Peach and lavender is not rainbow) The plate coins will always contain the rarest and most eye appealing examples. But what you showed were a whole bunch of rare coins with some toning. If the toning patterns that were on any of the coins you posted were on a Morgan Dollar, the associated toning premium would be very small if any premium at all. No, I want you to stop wasting my time with this nonsense. First, the coins you are posting are not rainbow toned despite your desire to call them so. Second, you are posting rare expensive coins that have no chance of ever being artificially toned and have no bearing on the bigger topic of this thread. Third, you are posting a ton of proof coins which don't tone with the same patterns as mint state coins and were stored much differently. We are talking about this: [IMG]http://i117.photobucket.com/albums/o59/ACPitBoss/Picture050.jpg[/IMG] A rainbow toned coin is a coin showing vibrant colors that progress from yellow to magenta to cyan. Obviously, this coin represents the pinnacle of rainbow toned coins. If you need a better idea of what we are talking about, please read this thread: [url=https://www.cointalk.com/threads/rainbow-tonings-effect-on-price.39837/]Rainbow Toning's effect on price[/url] Specifically, post number 13. All of those coins that have those descriptions are expensive old toned proofs. Again, they are not the coins we are talking about. And iridescent doesn't mean rainbow, it usually means that the toning will change appearance when rotated in the light. Sometimes that change means it basically disappears. Blue-green is just that, not rainbow. And if you don't think people use descriptive words on E-Bay then you have not looked at my coins. You are right, toned coins are easy to find, rainbow toned coins are hard to find.[/QUOTE]
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Beware of rainbow toning
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