Tonned Coins

Not necessarily more valuable.

Toned coins and brilliant coins appeal to two different types of collectors. Some insist on "blast white"
and others are attracted to the colors which have taken many decades to develop.
Each of your two dollars, if you like them, is what is important.

I like white coins, but the value for those coins do form the baseline. Toning can add to the baseline, but will not (except in very rare,easy to get out of circumstances)be a value adder.

Some people are so crazy for toning that even ugly toning has its proponents. However; the blues, golds and reds attract the most interest. Beware of artificial toning as there are dealers who tone their coins for greater profit.

For Morgan dollars especially spectacular toning can multiply the sale price. It's not that unusual to see a 10X price increase; for example, Heritage has auctioned common-date Morgans in PCGS-graded MS-65 for over $1500 when an ordinary brilliant example in the same grade sells for just $150. This coin went for $1610 in August, 2011 and it is far from the most expensive toned piece in that auction.

http://www.coinlink.com/News/us-coi...oins-part-1/
Here's a good article about toning.

That's a pretty high price on that Morgan, IMHO that's not $1500 toning, but if that's what someone was willing to pay for it, then more power to them.

On that Indian cent, I think that bidder grossly overpaid on a raw coin. The toning looks OK, but not that great. I've gotten slabbed, nice looking MS-65 RB's from PCGS and NGC for less than that.

Up the road, at Nampa Coin, the have a PF63 '93 CC for $100,000. This screams peacock, but definately not worth the extra bucks
IMHO. I'd love to show a pic, but this guy doesn't allow cameras in his shop.