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<p>[QUOTE=&quot;Lehigh96, post: 1015549, member: 15309&quot;]I find myself not wanting to even comment on this subject anymore.&nbsp; Nobody listens!&nbsp; A while back, I explained in a very detailed rant the two main reasons why toned coins are not a fad.&nbsp; I was responding to the gentleman from Chicago whose username escapes me at the moment.&nbsp; In addition, I can only view my previous posts up to the last 500 and can&#039;t find the post to quote.</p><p><br /></p><p>Needless to say, this is the same conversation with the same members spewing the same opinions with some notable new comers.&nbsp; Now Doug you can say that toned coins have only been driving significant premiums for 7 years but the Appalachian Jefferson appeared 10 years ago and brought big premiums from jump street.&nbsp; I have posted Heritage auction archives of rainbow toned Morgans that drove 5X+ wholesale from as far back as 2002.&nbsp; And that leads precisely to the two reasons why toned coins are not a fad.&nbsp; The advent of the internet and the improvements in digital photography caused the explosion in the toned coin market.&nbsp; In the 80&#039;s &amp; 90&#039;s most collectors had never even seen a rainbow toned coin.&nbsp; B&amp;M dealers didn&#039;t display them and you had to ask if you wanted to see the toned coins.&nbsp; Internet auctions with decent photos changed all that forever.</p><p><br /></p><p>All you old guys who think that someday toned coins are going to be valued the same as an untoned coin because that is how you remember the coin world 25 years ago are dreaming.&nbsp; The availability via the internet and advances in the quality of digital photography are only getting better.&nbsp; Rainbow toned coins may not suit every collector but I know all to well the zeal that they stir up in some collectors.&nbsp; I see no end to the so called &quot;fad&quot; called the rainbow toned coin market.</p><p><br /></p><p>The premium for the coin in question is not even 20X wholesale and only about $4K total.&nbsp; I remember a toned Roanoke that sold for $46K and had a $42K premium.</p><p><br /></p><p><a href="http://www.cointalk.com/t86058/" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t86058/">Largest Numismatic Premium</a></p><p><br /></p><p>Given the quality of the toning on the coin in the OP, the price tag does not surprise me at all.[/QUOTE]</p><p><br /></p>

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