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<p>[QUOTE=&quot;fusiafinch, post: 710308, member: 18382&quot;]It depends on the toning. Morgan dollars, for example, are commonly available with average, brown or golden toning. So those don&#039;t really command a strong premium. But Morgan dollars with nice rainbow toning can command significant premiums. It all depends on the coin and nature of the toning. Supply and demand.</p><p><br /></p><p>An interesting example of supply and demand is found with rainbow toning of Peace dollars. I was lucky enough to acquire a common 1923 Peace dollar with very rare rainbow toning forming a crescent shape of the reverse. I bought it from a dealer for about $100 about 20 years ago, when these dollars were selling for $20 each. A couple years ago, I sent it in to NGC to see if the toning was natural. They graded it MS63*. I was happy to get the star. I tried to sell it to several local dealers and they were willing to pay a small premium for it, but basically said that &#039;it&#039;s the grade, not the toning&quot; that matters.</p><p><br /></p><p>Well, I thought I needed a wider venue to see just how valuable it really was, so I put it on Teletrade. Even I was amazed when it sold for $675. </p><p><br /></p><p>Again, Peace dollars are very rare with rainbow toning and command sizeable premiums. Depends on the coin. Supply and demand.</p><p><br /></p><p>Haven&#039;t seen one since. Almost wish I still had it.[/QUOTE]</p><p><br /></p>

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