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<p>[QUOTE=&quot;Lehigh96, post: 601741, member: 15309&quot;]Mike,</p><p><br /></p><p>I think you are missing the point.&nbsp; My point was that people are still willing to pay many many multiples of bid (wholesale) price for rainbow toned coins.&nbsp; Obviously, toned Morgans which are much more common will not trade at the same level as this Peace Dollar, but most didn&#039;t before the recession either.&nbsp; Furthermore, you and I both know that the toning on this Peace Dollar is superb regardless of the juiced photos and it is very likely that the bidders who are obviously serious collectors also know this fact.</p><p><br /></p><p>I own only one true rainbow toned Peace Dollar and I paid handsomely for it ($875).&nbsp; It is a very deeply toned 1922 NGC MS64.&nbsp; The coin did not receive a star because the toning is too deep and approaches charcoal color on the reverse peripheries.&nbsp; They did however holder the coin with the reverse facing outward.&nbsp; Here is my photo of the coin.</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Peace%20Dollars/PeaceDollar1922NGCMS64Label.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>I expect that the coin in the OP approach the same price level as my coin but I will not be bidding on it because I like my current 1923 despite it&#039;s lack of toning.</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Peace%20Dollars/PeaceDollar1923NGCMS651-1.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>With regards to your research, I predict that you will find that the MS63 &amp; MS64 rainbow toned Morgans have softened, but that the MS65+ toners are holding their own.&nbsp; This is partly due to the fact that the higher the retail price for the grade, the lower the toning premium is in relation to that price.[/QUOTE]</p><p><br /></p>

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