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<p>[QUOTE=&quot;Lehigh96, post: 451162, member: 15309&quot;]Thanks Eddie, I do love my toners.&nbsp; I am aware that many people think that toned coins are a fad/craze.&nbsp; However, I think we should consider that there is probably going to be a middle ground on the issue.&nbsp; Doug pointed out earlier that very few collectors would pay more than 2X bid premium for rainbow toned coins before the craze.&nbsp; Now we see rainbow toned coins routinely selling for 10X-20X-30X+ bid price.&nbsp; </p><p><br /></p><p>There seems to be a consensus that someday, the craze will end and prices for these coins will crash.&nbsp; I have no doubt that the toned coins will not be as popular as they currently are, but I do not think that we will revert back to the days of the 2X bid premium either.&nbsp; Many collectors of rainbow toned coins become toning freaks.&nbsp; They do not consider it a fad and are hooked for life (myself included).&nbsp; These collectors will not drop the their toned coins because something new comes along.&nbsp; The casual toned coin collector might do just that, but if they are currently a casual collector of toned coins, they are probably not one of the collectors paying 10X+ bid.</p><p><br /></p><p>The casual collectors of toned coins will likely change their collecting habits which will reduce the overall demand for these coins and cause prices to drop.&nbsp; However, I believe that the monster toned coins are so limited in supply that the die hard toning freaks will still fight over them and pay huge premiums.&nbsp; I think that the moderately toned coins will be the ones that lose most of their value.&nbsp; </p><p><br /></p><p>We also need to consider that one of the main reasons for the toning craze was born on the internet and the availability of color photographs as Doug astutely pointed out.&nbsp; That will not change in the future and infact, technological advances will probably make it easier for people to photograph such coins.</p><p><br /></p><p>IMO, the biggest threat to the toned coin market is artificial toning.&nbsp; If the TPG&#039;s encapsulate too many AT coins, consumer confidence in slabbed toned coins will erode along with the customer base and prices.&nbsp; PCGS is absolutely killing me in this regard.&nbsp; Some of the ASE&#039;s slabbed by PCGS make me sick.&nbsp; They are pretty but do not belong in a PCGS slab.&nbsp; They are obviously AT which will lead collectors to believe that PCGS encapsulates AT coins.&nbsp; Once that perception is reached, the toned coin market will collapse.</p><p><br /></p><p>Speaking of paying moon money for rainbow toned coins, take a look at this E-Bay auction.</p><p><br /></p><p><a href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&amp;campid=5335874456&amp;toolid=10001&amp;mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26rd%3D1%26item%3D230127444345%26ssPageName%3DSTRK%3AMEWA%3AIT%26ih%3D013" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://rover.ebay.com/rover/1/711-53200-19255-0/1?type=3&amp;campid=5335874456&amp;toolid=10001&amp;mpre=http%3A%2F%2Fcgi.ebay.com%2Fws%2FeBayISAPI.dll%3FViewItem%26rd%3D1%26item%3D230127444345%26ssPageName%3DSTRK%3AMEWA%3AIT%26ih%3D013" rel="nofollow">http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&amp;rd=1&amp;item=230127444345&amp;ssPageName=STRK:MEWA:IT&amp;ih=013</a></p><p><br /></p><p>Now we all know that I will pay handsomely for a rainbow toned coin and have on occasion paid 20X bid for a $50 coin, but this asking price is ridiculous.&nbsp; Numismedia Wholesale for an 1885-O Morgan is $53.&nbsp; This price of this coin is $7000.&nbsp; The seller is asking for over 130X wholesale price.&nbsp; People who are buying and selling toned coins at these ridiculous levels are going to get crushed IMO.[/QUOTE]</p><p><br /></p>

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