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Thoughts On 1921 Peace?

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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 01/20/2015  09:29 am  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
Looks like someone scratched the last "1" in the date. If it is real, then someone defidently polished it. I would wait to find a better one.
Edited by CoinCollector2012
01/20/2015 09:30 am
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GR58's Avatar
United States
11951 Posts
 Posted 01/20/2015  10:20 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
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.
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thq's Avatar
United States
3344 Posts
 Posted 01/20/2015  1:21 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
This dollar had a hit on the date

Thoughts-On-1921-Peace?
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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giorgio11's Avatar
United States
406 Posts
 Posted 01/21/2015  08:25 am  Show Profile   Bookmark this reply Add giorgio11 to your friends list Get a Link to this Reply

Quote:
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.


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
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