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<p>[QUOTE=&quot;Burton Strauss III, post: 2397472, member: 59677&quot;]All toning is the same - it&#039;s a silver sulphide reaction creating a thin interference film.</p><p><br /></p><p>Where it happened unintentionally, smoothly and/or over a long period of time, we call it &#039;natural&#039; and some people pay premium prices,</p><p><br /></p><p>Where it happened intentionally, abruptly and/or over a short period of time (accelerated) we call it artificial and less acceptable. [Especially the abrupt changes that aren&#039;t the &#039;natural&#039; sequences]</p><p><br /></p><p><br /></p><p>But chemically it&#039;s the same process and same result.</p><p><br /></p><p><br /></p><p><br /></p><p>The other question is a market question. If the market for toned coins is x and the supply is y where x &gt; y then there is a premium due to supply and demand.</p><p><br /></p><p>If these magic toning beans create a supply z where x &gt; y + z, then both NT and AT have a premium since more people want toned coins (of any type) than the supply. The conditions that lead to a premium for NT over AT are left to the reader.</p><p><br /></p><p>If y + z &gt; x&nbsp; *and* if you can tell NT from AT, then it is really two markets, where x &gt; y and the relationship between z and x&#039; is unclear (x&#039; is the market for AT coins). In this scenario NT has a price premium and AT could have either a premium or a discount.</p><p><br /></p><p>If y + z &gt; x and you can&#039;t tell them apart, then the excess of supply over demand causes prices to decline and both NT and AT suffer...</p><p><br /></p><p><br /></p><p>The current market seems to be one where x &gt; y and x ~= y + z. ( ~= means approximately equal) with limited ability to differentiate AT from NT. That is people want NT and maybe toned in general, but not quite enough to do more than clear the market. (Most offerings sell). Hence the crazy premiums for what people think are NT.[/QUOTE]</p><p><br /></p>

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