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How Does Teletrade Decide Which Lots Get the "RAINBOW" tag?

braddickbraddick Posts: 23,968 ✭✭✭✭✭
in U.S. Coin Forum
Admittingly, the RAINBOW tag that Teletrade uses on some of their auction lots draws my attention and makes me look. The only problem is more and more of the coins are looking like this:
Teletrade "RAINBOW" Morgan

I'm disapointed. Is it a paid feature the submitter requests upon submission of consignments?

peacockcoins

Comments

  • TommyTypeTommyType Posts: 4,586 ✭✭✭✭✭
    Looks more like a hailstorm than a rainbow. image
    Easily distracted Type Collector
  • LincolnCentManLincolnCentMan Posts: 5,347 ✭✭✭✭
    Most teletrade "rainbows" are IMHO... junk.

    David
    Lincolncentman Toned Lincolns
  • TommyTypeTommyType Posts: 4,586 ✭✭✭✭✭
    This is a Teletrade coin.....NOT a rainbow. image

    image
    Easily distracted Type Collector
  • Dog97Dog97 Posts: 7,874 ✭✭✭
    <<<How Does Teletrade Decide Which Lots Get the "RAINBOW" tag?>>>
    Easy question that I will be glad to answer. If it has any toning whatsoever it gets the RAINBOW designation irregardless if it has the the shape or even the color of an actual rainbow.
    Here's a great example of a Black Beauty that several of us descerning collectors enjoy collecting because who in their right mind would buy a coin that was SOLID BLACK (We can't afford the high priced fingerprinted tweaked pictures so-called rainbows from sleazeBay.) That's right, solid black!! Does anybody see any remote semblance to a rainbow? Not even a little??? hahahha
    Change that we can believe in is that change which is 90% silver.
  • OldnewbieOldnewbie Posts: 1,425 ✭✭
    Black coins ROCK. I also like dusty grey, drab Morgans that come alive when tilted. One can get those cheap too!

    Did I say that out loud?
  • stmanstman Posts: 11,352 ✭✭✭✭✭


    << <i>(We can't afford the high priced fingerprinted tweaked pictures so-called rainbows from sleazeBay >>



    LMAO, I hope you ain't starting trouble now. Hey, nice coin there Dog. I like!!!
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • RVDavisRVDavis Posts: 1,137 ✭
    Eric, interesting you should mention those grey toned Morgans. I have purchased two bank wrapped Morgan rolls recently and 3 of the 4 end coins have just that sort of tone. Looks unattractive at first, then as you examine the colors you see a veritable rainbow (no pun intended) of colors. Pretty coins, all but impossible to convey the attractive nature in a photograph.

    Rick
    Proud recipient of YOU SUCK more than once and less than 100 times.
  • FC57CoinsFC57Coins Posts: 9,140 ✭
    That's the famous Gary, Indiana brown rainbow - you should know this image
  • pharmerpharmer Posts: 8,355 ✭
    Now, this is black




    image
    Quis custodiet ipsos custodes?

    Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

    image
  • Dog97Dog97 Posts: 7,874 ✭✭✭
    This one is too. The lighting makes it look kinda purplelish but it's BLACK black black. No veritable rainbow colors here. you know the old saying, once you go black you never go back
    Change that we can believe in is that change which is 90% silver.
  • pharmerpharmer Posts: 8,355 ✭
    Actually, you have to designate rainbow on the submission form. It's up to the consignor, not Teletrade.
    Quis custodiet ipsos custodes?

    Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

    image
  • Dog97Dog97 Posts: 7,874 ✭✭✭
    <<<It's up to the consignor, not Teletrade.>>> Ahhh...that explains it. I wag'ed TT had a panel of experts that reviewed & described the coin & applied the designation. Thanks for the only on-topic info in this whole thread.
    Change that we can believe in is that change which is 90% silver.
  • ElectricEyeElectricEye Posts: 2,354
    Haven't you ever heard the expression, "Rainbow in the Dark"? image
  • IrishMikeIrishMike Posts: 7,737 ✭✭✭
    There is often a rainbow after a black cloud. Nice coins Dog97.image
  • stmanstman Posts: 11,352 ✭✭✭✭✭
    Dog, very nice satin black looking "Black Beauty's." Some folks can't appreciate these things like we do.
    Man, you could have tipped me off and saved at least one for me. Oh well, while everybody has been fighting
    on the board, I've been snapping up some nice Bust halves.
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • Dog97Dog97 Posts: 7,874 ✭✭✭
    Fighting coin collectors........man I wish I wooda seen that. hahahhaha
    Change that we can believe in is that change which is 90% silver.
  • Dave99BDave99B Posts: 8,529 ✭✭✭✭✭
    Call me sick, but I like the toning. Rainbow? No way....

    Dave
    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • LouisLouis Posts: 3,687
    They have a lot of ugly toned Morgans listed right now.
    image

    image
  • rainbowroosierainbowroosie Posts: 4,874 ✭✭✭✭
    They close their eyes and guess
    "You keep your 1804 dollar and 1822 half eagle -- give me rainbow roosies in MS68."
    rainbowroosie April 1, 2003
  • ColorfulcoinsColorfulcoins Posts: 3,364 ✭✭✭
    Bill, I thought for sure you'd say that they let Nick pick out which of the dimes are rainbowtoned and that's whay they're all so ugly.....but you seem to be playing nice today - what gives! <G>
    Craig
    If I had it my way, stupidity would be painful!
  • UncleWigglyUncleWiggly Posts: 2,467
    With this type of tone the chance is much better that nothing has ever been done to them, i.e. coin doctoring.
  • braddickbraddick Posts: 23,968 ✭✭✭✭✭
    I just sold this one yesterday:*
    PCGS Black Betty Morgan

    I miss it already! It's a neat coin. These Morgans with this color are tough to locate actually.






    *Okay to link as I am not currently running any auctions.

    peacockcoins

  • rainbowroosierainbowroosie Posts: 4,874 ✭✭✭✭
    Bill, I thought for sure you'd say that they let Nick pick out which of the dimes are rainbowtoned and that's whay they're all so ugly.....but you seem to be playing nice today - what gives! <G>

    Craig,
    Maybe you know Nick better than I do!!!!!!!!!!!!!!image
    "You keep your 1804 dollar and 1822 half eagle -- give me rainbow roosies in MS68."
    rainbowroosie April 1, 2003
  • michaelmichael Posts: 9,524 ✭✭
    ttt


    michael
  • BikingnutBikingnut Posts: 3,375 ✭✭✭
    I've wondered that myself. They have some Washingtons designated Rainbows, that are ugly black and brown. They doen't look like rainbows to me. I was thinking about that tonight when browsing an upcoming auction. maybe it's the seller who gets to designate the coin rainbow.
    US Navy CWO3 retired. 12/81-09/04

    Looking for PCGS AU58 Washington's, 32-63.

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