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<p>[QUOTE=&quot;CamaroDMD, post: 778469, member: 5233&quot;]It has to do with the surface of the coins.&nbsp; On a microscopic level, the surface of the coins aren&#039;t smooth but are comprised of jagged ridges basically.&nbsp; When a coin tones, a silver oxide layer builds up on the coin...light then refracts through this layer and off surface ridges creating the colors.&nbsp; The surface ridges of a Morgan Dollar are larger that those of a Peace Dollar (basically, a Peace Dollar is much smoother on a microscopic level).&nbsp; This changes the visual properties of the toning.&nbsp; It&#039;s the same reason why a Morgan Dollar and a Peace Dollar have a different luster pattern.[/QUOTE]</p><p><br /></p>

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