Reply to Thread

Message:: [QUOTE="CamaroDMD, post: 474472, member: 5233"]I think it's a beauty in the eye of the beholder situation.  If the eye appeal is great for the coin, there will be a premium.  Collectors of toned coins look at those coins like unique art, they know there isn't another one in the world that is exactly like it and if they find one that really appeals to them they will pay huge premiums for it.  For that reason I can't set a number of how much of a premium I would pay.  I don't collect toned coins at the moment, but I could like to add a couple to my collection at some point.  I think you have to evaluate each coin individually and come up with a value that the coin is worth to you...you can't generally say "I will pay only a 20% premium" because each purchase is going to be unique and the collector's of each piece will be different. Morgan's were stored inside canvas mint bags far many years.  The canvas released a gas (I believe it was sulfur rich) that caused the rainbow toning.  Coins that made contact with the canvas in bags that were stored in the proper temperature and humid environment developed a rainbow tone slowly over time.[/QUOTE]