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<p>[QUOTE=&quot;Lehigh96, post: 3237250, member: 15309&quot;]The lack of toners in the New York Vault Hoard is likely because the bags were probably not treated with sulfur, and the environmental conditions in the vault were not conducive to the formation of toning.&nbsp; Furthermore, those are MORGAN DOLLARS and you already admitted in the previous sentence that you believe Morgan toners are legitimate because of their storage conditions.</p><p><br /></p><p>Since you like to reference me specifically in these situations, let&#039;s use one of my coins as an example, the 1924-D SLQ NGC MS67.&nbsp; I just looked through the Heritage Auction archives for all the MS65 or better graded 1924-D SLQs, which was over 350 coins, in search for coins that had rainbow toning dramatic enough to generate a premium price.&nbsp; </p><p><br /></p><p><a href="https://coins.ha.com/c/search-results.zx?No=0&amp;Ne=1897&amp;N=51+790+231+367+74+73+1582+4052" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://coins.ha.com/c/search-results.zx?No=0&amp;Ne=1897&amp;N=51+790+231+367+74+73+1582+4052" rel="nofollow"><b>Heritage Auction Archives 1924-D SLQs</b></a></p><p><br /></p><p>I found only two, and they were the same coin auctioned at different times.&nbsp; Your first claim is that &quot;there are too many toners out there to be all legit.&quot;&nbsp; The truth is that toners are RARE.&nbsp; Based on this particular coin, they are less than 1% of the coins on the market.&nbsp; Just like TPG mistakes get all the attention, and all the properly graded coins get ignored, guys like you point to a rainbow toned coin and call it a hoax despite the fact that they are an extremely small % of the total coin population.</p><p><br /></p><p>And since you want to talk about pricing, let&#039;s examine that other SLQ from the Heritage archives which is a 1924-D SLQ NGC MS66*.</p><p><br /></p><p><a href="https://coins.ha.com/itm/standing-liberty-quarters/quarters-and-twenty-cents/1924-d-25c-ms66-ngc-russet-brown-forest-green-and-gold-colors-encroach-upon-the-lightly-toned-obverse-center-the-rev/a/376-6108.s?ic4=ListView-ShortDescription-071515" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://coins.ha.com/itm/standing-liberty-quarters/quarters-and-twenty-cents/1924-d-25c-ms66-ngc-russet-brown-forest-green-and-gold-colors-encroach-upon-the-lightly-toned-obverse-center-the-rev/a/376-6108.s?ic4=ListView-ShortDescription-071515" rel="nofollow"><b>1924-D 25C MS66 ★ NGC June 2005 $2,990</b></a></p><p><br /></p><p><a href="https://coins.ha.com/itm/standing-liberty-quarters/quarters-and-twenty-cents/1924-d-25c-ms66-ngc-ngc-census-248-37-pcgs-population-91-6-mintage-3-112-000-numismedia-wsl-price-for-problem/a/1186-7883.s?ic4=ListView-ShortDescription-071515" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://coins.ha.com/itm/standing-liberty-quarters/quarters-and-twenty-cents/1924-d-25c-ms66-ngc-ngc-census-248-37-pcgs-population-91-6-mintage-3-112-000-numismedia-wsl-price-for-problem/a/1186-7883.s?ic4=ListView-ShortDescription-071515" rel="nofollow"><b>1924-D 25C MS66 ★ NGC June 2013 $1763.68</b></a></p><p><br /></p><p><img src="https://dyn1.heritagestatic.com/lf?set=path%5B1%2F0%2F0%2F8%2F8%2F10088645%5D&amp;call=url%5Bfile%3Aproduct.chain%5D" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><br /></p><p>Now compare that coin with my coin which is an MS67.</p><p><br /></p><p><img src="https://i.imgur.com/MmgZBZm.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><br /></p><p><br /></p><p>I won&#039;t post a link to my coin (because it violates forum rules), but it is easy enough to find and my advertised sale price as well as my initial purchase price are both inside the price range defined by the Heritage MS66*.&nbsp; Additionally, my coin is listed as a BIN or Best Offer so when it sells, it will likely sell at an offer price well below my ask price.&nbsp; I purchased the coin nearly a decade ago and paid full retail for it and will likely take a loss when I sell it. </p><p><br /></p><p>What you call &quot;skepticism&quot; I call paranoia![/QUOTE]</p><p><br /></p>

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