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<p>[QUOTE=&quot;GDJMSP, post: 3246896, member: 112&quot;]We&#039;re much alike in that regard. And I even agree with paying a premium for them - but a limited premium. Which is something I think a lot of folks don&#039;t understand about me. Some seem to think that dislike toned coins because of the comments I make. But that simply isn&#039;t true, I find some toned coins to be absolutely gorgeous ! And there are other toned coins that somebody else might like, but I find them to be as ugly as sin. That much at least is understandable as it is a chocolate and vanilla thing.</p><p><br /></p><p>The reason that I have done my best to explain to people about toned coins for the last 20 years is because of the money issue. Simply put too many people pay stupid money for attractively toned coins. And in most cases they do this for two reasons. One is because they believe the toning makes the coin rare in some way and thus more valuable. But the second reason is because of the bandwagon effect - they see others doing it and so they jump right on the wagon too. And anybody who thinks the bandwagon effect isn&#039;t real or doesn&#039;t happen, well I got news for ya - it is. It happens every day and in all forms of life.</p><p><br /></p><p>Some folks will say yeah the bandwagon effect is silly and not a valid reason for stupid money to be paid for toned coins. But that first reason they&#039;re not so sure about, they might even agree with it, believing that toned coins are worth the outrageous premiums because of the rarity involved. And to make matters worse, some of those who believe in the rarity of attractively toned coins commonly make another mistake - they throw out the idea, completely forget the idea, that for a coin to be worth a premium it first has to be worthy of the premium even if the toning is not there. In other words, forget the toning, the underlying coin has to be of exemplary quality to begin with. And that, that is something that even one of my biggest detractors, Paul, has admitted that I helped him to finally understand.</p><p><br /></p><p>It&#039;s kinda like making a cake out of sawdust, and then putting delicious frosting on top of it - and still expecting people to believe it&#039;s a delicious cake ! And sadly, many of them do !</p><p><br /></p><p>And that, that is why I get on my soapbox. Because it simply isn&#039;t true. And it cannot be true because I know for a fact that those attractively toned coins are being duplicated at will. And that&#039;s what people need to understand, to be aware of.[/QUOTE]</p><p><br /></p>

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