The
iridescence is caused by the
toning of the silver coin. You get nice purples and blues. If allowed to continue, it will turn a coin black with time. This
toning is usually caused by sulfur in the air or in contact with the coin. Modern silver coins that have been put in
Whitman folders, or similar holders, the coin tones from the edge toward the center. The edge is in contact with the cardboard holder which has sulfur in the paper