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7th Peace Dollar Struck At San Francisco Mint

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 Posted 09/22/2021  10:43 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
Not my favorite.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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 Posted 09/22/2021  10:52 pm  Show Profile   Check westcoin's eBay Listings Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Lee Minshull is a old time large high dollar volume dealer. I also see a lot of other legitimate dealers setting up at MA-Shops the Chinese backed site competing with eBay. Mostly high dollar coins too. Wonder if it's because eBay customer service and dealer service has become so poor in the past year or so? I almost hate to list there any more, while I haven't been scammed on any coin related items, I have been scammed on 3 higher dollar ($300-$900) items over the past year, and eBay has not been helpful at all,and I'm pretty careful about who I chose to sell to. Lessons learned, eBay is not a very trust worthy site any longer, at least not for sellers.

The coin is on his site (not just the MA-Shops site) I don't see anything wrong with it except the price, I can't see it being worth $75K either. https://minshulltrading.com/invento...-1-ms63-NGC/ (On his inventory site there are no prices listed - it's call to inquire).


Quote:
silverwolf: only $96,000 are you kidding me

I don't see anywhere that price I do see $75K at the link from the post though.

Here is one auction of the first 1879-O Morgan that was struck and sold by Stack's/Bowers it only brought $19K
https://auctions.stacksbowers.com/l...engraved-NGC

I think the coin is real and probably the 7th struck, I don't think it's worth anywhere near the money Minshull Trading is asking for it. I wonder if the coin and the letter could have been separated at any time? How can NGC prove this is that 7th coin based off that letter only? For me it's interesting, but not worth even considering, beyond how NGC can guarantee it's provenance so precisely.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1982, EAC Member #6202, NBS Member, 2 variety collector.

See my want page: http://goccf.com/t/140440
Bedrock of the Community
United States
41966 Posts
 Posted 09/23/2021  05:01 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
So is MA-Shops trusted or not? They advertise here on CCF.
John1
( I'm no pro, it's just my humble opinion )
Searched 6.5 +/- Million Cents Since 1971
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 Posted 09/23/2021  05:40 am  Show Profile   Check westcoin's eBay Listings Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
I think MA-Shops are okay from what I know, I haven't purchased anything myself through them, from the website they say they have been around since 2005 and were created by Joachim Schwiening, Founder and CEO.

I was always under the impression they were part of Jack Ma business empire (the Chinese Alibaba CEO that was disappeared for awhile by the CCP).

Obviously I was wrong, they have pretty serious conditions to be listed as a dealer there: https://www.ma-shops.com/shops/help...ang=en&id=31
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1982, EAC Member #6202, NBS Member, 2 variety collector.

See my want page: http://goccf.com/t/140440
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 Posted 09/23/2021  07:25 am  Show Profile   Check silverwolf's eBay Listings Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply

Quote:
I don't see anywhere that price I do see $75K at the link from the post though


75,000.00 USA funds.
96,000.00 Canada funds.
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 Posted 09/23/2021  09:35 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
That is interesting!

Thank you for the additional information, westcoin.
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 Posted 09/23/2021  10:40 am  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
Whether it's MAShops, or Collector's Corner, or VCoins, or the bays, so many sellers are going for the big score. This plug ugly dollar is a really good example of other coins priced not to sell these days. The low end has disappeared, packaged into unaffordable details slabs.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Valued Member
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455 Posts
 Posted 09/23/2021  11:25 am  Show Profile   Bookmark this reply Add psuman08 to your friends list Get a Link to this Reply
Ugly coin. Eye appeal is a zero for me. I wouldn't want it for $50.
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 Posted 09/23/2021  11:27 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
The buyer is looking for a "low serial number," not the beauty of the ball.
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 Posted 09/23/2021  9:29 pm  Show Profile   Bookmark this reply Add Oldfordman to your friends list Get a Link to this Reply
I don't like it.
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1997 Posts
 Posted 09/23/2021  11:17 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
It made me chuckle when I looked up the cert# and the price guide says $115. Being in 7th place doesn't get you much in the Olympics either. The letter is cool though.
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 Posted 09/24/2021  10:32 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Being in 7th place doesn't get you much in the Olympics either.
Pillar of the Community
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5675 Posts
 Posted 09/24/2021  6:02 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Provenance for collectibles is important and it's cool to know this particular coin was from the beginning of the SF dollar production run in 1922.

However:
1. That production run extended to over 17 million coins.
2. This coin is not a proof or specimen strike and has no intrinsic unique characteristics compared to the other 17+ million 1922-S Peace dollars.
3. The auction record for a 1922-S dollar is $34,800, for a PCGS MS-66 coin sold in August 2021.
4. I'm with psuman08 regarding this coin: it's ugly and might be a tough sell at just $50. If I were shopping for coins in the $75,000 ballpark this coin would be at the bottom of my candidate list.
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 Posted 09/24/2021  6:06 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
I'm also of the opinion that this is of sub $100 value (at least to me), but some people pay crazy prices for things.
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 Posted 09/25/2021  09:54 am  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply

Quote:
Being in 7th place doesn't get you much in the Olympics either.




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