rainbow toned proof franklins question
So, I've seen some really sweet proof franklins with exquisite rainbow toning, and am just wondering, do these command any premium at all over retail as stated in the price guide? I see it all the time with the MS issues, where nicely toned Franklins even in MS63 or MS64 go way over price guide valuations, but it seems the proof Franklins, even with exquisite colors, barely carry any premium at all? Am I wrong in this?
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Most proof Franklins are untoned, particularly the 1955-1963 coins since they were packaged in the cello flat packs which were and are very good for storage. Thee 1950-1955 proof Franklins that were packaged in the cardboard box, tissue paper and either brittle glasine sleeves, or soft plastic sleeves could sustain damage (hairlines, etc) or ugly toning (hazy, milky or blotchy toning, or deep purple/black toning from the soft plastic sleeves). As a result, not very many proof Franklins have developed what collectors and dealers would consider attractive toning.
The most attractive toning I have seen on proof Franklins is rim toning with golden, yellow, orange, burgandy or blue toning that is more intense by and on the rims and that softens and eventually disappears a short distance from the rim as you head towards the center of the coin. This type of rim toning looks very nice if the fields of the coin are deep, watery and black (without hairlines, milk spots, carbon spots or other detractions).
Further if you find one of these coins with the rim toning; deep watery, black fields; and thickly frosted white devices you have a very attractive coin. Some collectors love a Cameo proof or DCAM proof Franklin with attractive rim toning. I have a couple of these coins and they are some of my favorite.
Other types of toning on proof Franklins just does not do much for me, simply because most of the toning is ugly, blotchy and hazy, even if it does have color.
Hopefully other Franklin collectors will chime in and give their input.