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<p>[QUOTE=&quot;Lehigh96, post: 710510, member: 15309&quot;]Part of what makes them hard to find is that once one hits the market, the person who buys that coin usually takes the coin of the market for many years.&nbsp; The real monsters are so rare that each individual coin is remembered for it&#039;s toning.&nbsp; The Morgan Dollar that I posted earlier in this thread is one of those coins.&nbsp; If you say the &quot;Sunnywood 1881-S&quot; to a toning enthusiast, he will immediately know the coin to which you refer.</p><p><br /></p><p>I know it sounds a little far fetched for collectors to remember specific coins based on their toning, but take a look at this exchange between TomB and myself on the NGC forum.&nbsp; This exchange took place today.</p><p><br /></p><p><a href="http://boards.collectors-society.com/ubbthreads.php?ubb=showflat&amp;Number=3512138&amp;gonew=1#UNREAD" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://boards.collectors-society.com/ubbthreads.php?ubb=showflat&amp;Number=3512138&amp;gonew=1#UNREAD" rel="nofollow">http://boards.collectors-society.com/ubbthreads.php?ubb=showflat&amp;Number=3512138&amp;gonew=1#UNREAD</a></p><p><br /></p><p>Tom recalled that CRO (Coin Rarities Online) sold an exquisitely toned MS67 Antietam a few years ago that he thought would fit into the OP&#039;s collection.&nbsp; As the owner of the coin Tom was talking about which is actually an MS66, I recalled a gorgeous MS67 Antietam sold by Anaconda Rare Coins at about the same time.&nbsp; <b>Some coins are toned so beautifully that once you see them they leave a lasting impression.</b></p><p><br /></p><p>The OP of this thread asked why.&nbsp; Above is the real answer.&nbsp; A coin with exceptional toning can leave a lasting impression on the collector viewing the coin.&nbsp; Once it does that, it no longer can be associated with the population of it&#039;s grade.&nbsp; Since we are talking about Peace Dollars, let us consider an MS64 1923-S Peace Dollar with a total population of 3192/190.&nbsp; Not a particularly rare coin and worth about $250 in the market.&nbsp; Now look at this 1923-S that Ron Sirna posted on the TCCS board in 2006.&nbsp; Ron Sirna is the founder of the Toned Coin Collectors Society and is one of the most respected numismatists in the world with respect to toning.&nbsp; I will post both the photo and the link to the thread from which it came.</p><p><br /></p><p><img src="http://i117.photobucket.com/albums/o59/ACPitBoss/Peace%20Dollars/23-SObv-Rev.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><a href="http://www.tonedcoins.org/forums/view_topic.php?id=2097&amp;forum_id=15&amp;highlight=peacegate" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.tonedcoins.org/forums/view_topic.php?id=2097&amp;forum_id=15&amp;highlight=peacegate" rel="nofollow">http://www.tonedcoins.org/forums/view_topic.php?id=2097&amp;forum_id=15&amp;highlight=peacegate</a></p><p><br /></p><p>This Peace Dollar is absolutely unforgettable.&nbsp; The toning completely separates it from the other MS64 1923-S dollars.&nbsp; This coin has a population of one and the price of this coin will reflect that.&nbsp; My guess is that if this coin were sold at auction, it would realize a price above $5,000 easily.</p><p><br /></p><p>PS.&nbsp; For those collectors that believe that rainbow toned coins are a fad, please read the link above.&nbsp; Ron&#039;s analysis of why the toned coin market crashed is spot on IMO.&nbsp; I have long said that the stability of the toned coin market is directly linked to consumer confidence in the ability of the TPG&#039;s to weed out an acceptable percentage of the AT coins in the marketplace.[/QUOTE]</p><p><br /></p>

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