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<p>[QUOTE=&quot;Lehigh96, post: 657156, member: 15309&quot;]This is good advice.&nbsp; I have many years and thousands of dollars invested in toned coins and I still don&#039;t ever purchase raw rainbow toned coins.&nbsp; The risk is just too high.&nbsp; Although there are some AT slabbed coins, the fact that they are in an NGC/PCGS holder will ensure that you will be able to resell the coin without losing a significant portion of your initial investment.</p><p><br /></p><p>Until you have more experience, you should consider all NGC &amp; PCGS graded coins as NT.&nbsp; I don&#039;t think you should run away from rainbow toned coins if you like them simply because you are worried they might be AT.&nbsp; Besides, if you are in doubt, you have the wonderfully knowledgeable members of Cointalk to assist you before you pull the trigger to buy a toned coin.</p><p><br /></p><p>Hopefully a photo of a beautifully toned Morgan Dollar will bring you back.&nbsp; Here is a pretty one.</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Morgan%20Dollars/MorganDollar1882-SNGCMS64Star305-5.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>This coin has all of the classic indicators of an NT Morgan Dollar.&nbsp; First look at the color progression.&nbsp; Repeating patterns of yellow-magenta-cyan.&nbsp; The pattern is typical of crescent bag toning caused by this coin lying on another coin.&nbsp; The untoned portion of the obverse is where the other coin prevented this coin from contacing the toning source which is the canvas bag.&nbsp; Notice how the colors in the recesses of the obverse details are different in color than the high points.&nbsp; This is a very strong indicator of air transfer toning and is all buy impossible to duplicate via heat or chemicals.&nbsp; On the lighter toned areas, note that the lettering and stars do not show the same color as the fields surrounding them.&nbsp; Yet another indicator of NT.&nbsp; Lastly, observe that the colors seem very deep and bonded to the coin.&nbsp; There is no appearance of the colors floating on the surface.</p><p><br /></p><p>To be honest, the scariest part of collecting rainbow toned coins is not the risk of AT, it is the ridiculous price that some of the coins achieve.&nbsp; I have seen rainbow toned coins sell in excess of 50X wholesale value.&nbsp; I personally have paid over 30X wholesale value for a rainbow toned coin.&nbsp; </p><p><br /></p><p>For example, checkout the 1887-P NGC MS65* for sale for $4500 on Island&#039;s website.&nbsp; </p><p><br /></p><p><a href="http://islandcoins.com/newps.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://islandcoins.com/newps.htm" rel="nofollow">http://islandcoins.com/newps.htm</a></p><p><br /></p><p>That is just stupid.[/QUOTE]</p><p><br /></p>

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