Thoughts On 1921 Peace?

Even if it's a genuine key date, I'd rather wait for a problem-free one.

Something with "Liberty" doesn't feel right.

Also, remember that the grading for a Peace dollar is all about two things: the hair over the brow and the feathers on the eagle's right shoulder. The wear, as far as I can tell form the pictures, does NOT match the color and "shininess."

Conclusion: a dipped F or VF.

Stay away and get yourself a nice AU for $150-ish.

The High Relief Peace dollar is one of my all-time favorite coins, and you deserve to have a nice one in your collection!!

I certainly have a lot to learn about dipped coins! It almost makes me wary of buying online altogether..

When buying raw coins you must be very wary of buying them online. There are many ways photographs of coins can be manipulated to make the coin look better than it is or to hide problems.

The seller in his reply that he was done taking pictures is lazy and seems to not be too interested in making a sale to a potential customer. Could also mean there is something else he does not want you to see.

There are many honest coin dealers selling raw coins on ebay and I am sure there are members of this forum who would tell you who they are.

The 1921 Peace dollars with their high relief are commonly found with poorly detailed hair above the ear since there was not enough metal to flow into the two highest areas opposite from each other on both sides without using extremely high striking pressure which would cause the dies to wear out or crack quickly. Well struck examples can be found with patience.

What I find amuzing is how many people describe the 1921 Peace dollars as high relief which implies that there were non high relief coins struck. There were no low relief 1921's only high relief.

It's a good coin to put in a belt buckle and $50 is fair for that. It's a way to show off your hobby. At this point you can't do any damage to it

Pass on this one and look/save-up for a nicer one.
John1

I see where the op posted to pass on this coin.
As other have said .... I agree with that.

There are several coin that dealers end up with, that are hard to
sell for anywhere near price guide prices.

Coins like 1938 D Walking lib haves, Stone mountain comm. halves
and 1921 Peace dollars.

Most coin shop that do any sort of volume, will have several, even rolls of
them. For this reason you should stay away from problem coins, there is just to many of them. Unless your getting a killer deal.

When I look at a coin like this, I want to know what I think I could sell it for.
Then buy it for less. With a hit on the date, like this coin has, it would be very hard to flip this coin for any profit.

Actually, the grading for the 1921 Peace dollar, in particular, is very much about the strike through the hair in the center of the coin around the ear, and oppositely at the center of the eagle's breast. The strike varies from completely mushy and almost nonexistent detail to coins that show an excellent level of detail. And the grades on certified pieces do not always reflect the difference, so you can buy some coins that are extremely high-end and eye-appealing for the grade if you study the issue long and hard.

Oh, and they are beautiful when well-struck!

Best Regards,

George