Latest Pickup 1934-S Peace Dollar

Nice coin. I would have guessed somewhere in the AU55 range.

Nice addition - accurate grade.

fantastic Peace Dollar!

I have a sad story about my 1934 S Peace dollar.
My mom was very close to her uncle and we saw him several times a year. Each time he gave me a silver dollar (all Peace dollars).
I started collecting when I was 4 or 5, a couple years before they stopped making silver coins. My dad gave me a big jar of coins and several Whitman folders and told me to have at it. I stopped spending my silver dollars and added them to my collection.
I loved collecting passionately, and even wrote and presented a fifth grade report on the Flying Eagle cent.
One of the silver dollars my great uncle gave me was a 1934 S. It had full luster and probably graded at least AU 53. My dad bought me a little valuation booklet which valued it at $10 in extra fine. I couldn't believe I had a coin that valuable. Over time I watched its value rise to $40, an absolute fortune to me. It was my treasure, my pride and joy.
I loved my collection too much. I frequently washed it with soap and water in the bathroom sink. Then my mother gave me copper powder and silver polish. I used them many times, too. No one in my family knew any better.
Now the coin is several shades of blackish and scratched everywhere. It's worth bullion value, which might be a small paper profit, without inflation adjustment, from $40.
I am not upset. I will always keep it as a memento of a very happy time in my life.
I do cringe, however, whenever I see the current value of the 1934 S silver dollar.
Liberty Eagle, congratulations on your important new acquisition. Just be sure not to wash it.

Well Sharkman, you are far from being the only kid in the 1960's to mess up a collection by cleaning coins. Most of mine were LWC's and my friends and I used copper cleaner on them. I didn't clean silver back then because I didn't have much. By the time I started my Mercury dime collection I was told by an older/wiser collector to never clean them.