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<p>[QUOTE="Lehigh96, post: 2066405, member: 15309"]In my experience with toned coins that actually achieve a grade bump, the toning and resultant eye appeal is usually so incredible that price guides don't really apply to those coins. The coins are usually worth many multiples of the price guide of both the technical grade and the "bumped up" market grade.</p><p><br /></p><p>That said, there are many toned coin collectors who base the value of the toned coin on the base price guide. For example, maybe a collector thinks a rainbow toned MS65 Morgan Dollar is worth 4X price guide, but he doesn't notice that the coin is actually an MS64 that has been bumped to MS65 for the color. In this case, he would be paying a double premium. However, I submit that if you are going to enter the toned coin market, you absolutely need to know what you are doing. Even those who are in tune with the market will end up making mistakes and get buried in a coin here or there.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 2066405, member: 15309"]In my experience with toned coins that actually achieve a grade bump, the toning and resultant eye appeal is usually so incredible that price guides don't really apply to those coins. The coins are usually worth many multiples of the price guide of both the technical grade and the "bumped up" market grade. That said, there are many toned coin collectors who base the value of the toned coin on the base price guide. For example, maybe a collector thinks a rainbow toned MS65 Morgan Dollar is worth 4X price guide, but he doesn't notice that the coin is actually an MS64 that has been bumped to MS65 for the color. In this case, he would be paying a double premium. However, I submit that if you are going to enter the toned coin market, you absolutely need to know what you are doing. Even those who are in tune with the market will end up making mistakes and get buried in a coin here or there.[/QUOTE]
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