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<p>[QUOTE=&quot;Lehigh96, post: 550167, member: 15309&quot;]Cat,&nbsp; </p><p><br /></p><p>I have good news and bad news for you.&nbsp; The more valuable the coin, the less of a premium you will pay for the toning.&nbsp; A $50 coin with fantastic toning will run you many multiples of wholesale price.&nbsp; A $1,000 coin with fantastic toning will be lucky to reach 2X wholesale (usually).&nbsp; That is the good news.</p><p><br /></p><p>The bad news is that Morgan Dollars with low mintages did not sit around in bank vaults in canvas bags like their common date counterparts.&nbsp; Therefore, finding an 1893 bag toned Morgan will be virtually impossible.&nbsp; It should not be too difficult to locate an album toned example with peripheral toning of either russet or violet, but a fully toned example will be very elusive.</p><p><br /></p><p>I don&#039;t know how much you are willing to spend on this coin or what kind of toning requirements you are looking for, but I will tell you in my brief search through Heritage&#039;s archives, this coin might be the best you will find for quite some time in either MS63 or MS64.</p><p><br /></p><p><a href="http://coins.ha.com/common/view_item.php?Sale_No=1126&amp;Lot_No=1424" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=1126&amp;Lot_No=1424" rel="nofollow">http://coins.ha.com/common/view_item.php?Sale_No=1126&amp;Lot_No=1424</a></p><p><br /></p><p>The good news about this coin is that it is available right now and has very attractive toning as long as you don&#039;t hate fingerprints.&nbsp; But alas, where there is good news, there is bad.&nbsp; </p><p><br /></p><p><a href="http://coins.ha.com/common/view_item.php?Sale_No=1110&amp;Lot_No=1419#photo" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=1110&amp;Lot_No=1419#photo" rel="nofollow">http://coins.ha.com/common/view_item.php?Sale_No=1110&amp;Lot_No=1419#photo</a></p><p><br /></p><p>This coin sold in last June (2008) Summer Fun sale for $1,610 in an NGC MS63 holder.&nbsp; It was crossed to PCGS as an MS64.&nbsp; Now you have to decide for yourself, is it an MS63 or and MS64.&nbsp; I will almost guarantee the reserve price is $1,900.&nbsp; Personally, I have no problem with this coin as an MS64.&nbsp; It is cleaner than every MS63 Morgan I own for sure.[/QUOTE]</p><p><br /></p>

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