One of the highlights of Sunnywood's "Somewhere Over the Rainbow" toned Morgan dollar collection; an extraordinary and record-setting example of an otherwise common date; this technically superb monster features an intensely toned obverse with blues, pinks and true gold, miraculously paired with lustrous classic vertically banded rainbow toning on the reverse. The left-to-right toning progression on both sides corresponds perfectly directionally, indicating that the two-sided toning likely formed simultaneously during decades of Mint bag storage. The obverse occupies a narrower band of the color progression than the reverse, showing that the air flow characteristic across the surface was different for the two sides. Perhaps the reverse lay facing up in the Mint bag, but the coin was propped up at the rim, thus allowing limited air flow across the obverse as well. The coin had the exact same appearance when it was sold at auction in 1983, proving that the toning is highly stable and formed naturally over a long period. Ex RARCOA, Auction '83 (7/83:1182); held in one collection for 23 years; ANR, New York Connoisseur's Collection Sale (3/14/06:1147).
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