Tarnish will knock the value down quite a bit. I don't know of any grading service that will take tarnished coins, and most people sell the tarnished coins in the "junk silver" piles.
Toning, however, might not bump up the value of the coin, but is considered acceptible. There are a lot of toned coins out there that were done in the kitchen sink with chemicals since the demand for toned coins started to rise a few years ago.
As for ccommemoratives, they are really a hit and miss - as long as they are issued by the US Mint. Don't buy the painted quarters or buy anything from Littleton Coins - you will loose money.
Some US Mint commemorative coins do really well - the Buffalo commemorative is in high demand, but some do very poorly.
I stick with the 10 coin silver sets - I have NEVER lost money with them. I just sold all my 1999 silver sets - bought for $30 a pop - sold them on Ebay for $175 - $225. I sold 10 of them.
Av.