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How Does This Happen? 1923 Peace Dollar

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 Posted 02/16/2012  9:55 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list
The unattractive toning does not preclude an MS-63 grade and at least in these images I'm not seeing excessive contact marks. It's a common-date, uncirculated BU dollar. There's little cost difference from AU up to MS-63. I'd crack it and soak in acetone if I wanted a coin for the album. If you hate it and the seller won't take it back, take good photos and flip it yourself on ebay or here on CCF.

Not worth making a fuss over, IMO.
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 Posted 02/16/2012  9:57 pm  Show Profile   Bookmark this reply Add Coinstar to your friends list
plus I got a virus from Imageshack--I use photobucket also--its better
Retired USAF 1983-2003
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 Posted 02/16/2012  10:35 pm  Show Profile   Bookmark this reply Add Landon to your friends list
oih82w8, don't know if you are still at work but if you are.

How-Does-This-Happen?-1923-Peace-Dollar
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 Posted 02/16/2012  10:41 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list

Quote:
The nick on the rim next to the L in LIBERTY is on both sides of the coin.

It is part of the slab, not rim damage. The inner gasket that PCGS used for that slab type had three little nibs to help hold the coin in place.
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 Posted 02/16/2012  10:57 pm  Show Profile   Bookmark this reply Add Landon to your friends list

Quote:
It is part of the slab, not rim damage. The inner gasket that PCGS used for that slab type had three little nibs to help hold the coin in place.


Thank you, I did not know that. Now that I went and looked again I don't know how I missed it. I was just upset with the way it looked, it's a hideous looking coin in hand.


Quote:
The unattractive toning does not preclude an MS-63 grade and at least in these images I'm not seeing excessive contact marks. It's a common-date, uncirculated BU dollar. There's little cost difference from AU up to MS-63. I'd crack it and soak in acetone if I wanted a coin for the album. If you hate it and the seller won't take it back, take good photos and flip it yourself on ebay or here on CCF.

Not worth making a fuss over, IMO.


With the cost in shipping it both ways I have decided to keep the coin. I paid 40.00 for it, so not like it is an expensive coin or anything. I never even contacted the seller. As far as the unattractive toning goes, it doesn't look like toning at all to me, it looks like chemical residue. There are 4 fingerprints on it that show up at different angles as well.

I hate the way it looks so I think I will crack it out and soak it in acetone because I think this coin in raw state post-acetone dip is worth as much as looking like this in the slab though I could be wrong.

Edited by Landon
02/16/2012 11:02 pm
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 Posted 02/16/2012  10:58 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list
Hi Landon: I looked at the auction you won. There is no doubt the coin is MS63 and genuine - in it's original slab from the mid-1980s.

The auction had very poor images and NO reverse image. If you want to return it, I don't blame you. In the future I recommend avoiding auctions with poor/missing images.
ANA #R3154474
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 Posted 02/16/2012  11:11 pm  Show Profile   Bookmark this reply Add Landon to your friends list
Thanks, BH1964. I normally would not have bid on an auction like this. I just felt reasonably sure I would receive a genuine coin in a genuine slab, which I did. I never anticipated it looking like this though. I knew coins turned in slabs I just had not seen it for myself so it never crossed my mind. I won this coin because he had two of these auctions closing within minutes of one another. I bid on this one and was outbid, so I went and bid on the other one just like it and won that item(it is posted in the grading forum). I don't know if there was a bid retraction or if the seller cancelled a bid to save on shipping or what, but I somehow returned as the high bidder and winner of the item.
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 Posted 02/17/2012  12:50 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list
I think it is probably dip residue that didn't get rinsed properly and yes it probably started looking worse while it was in the PCGS holder. I have seen this happen before, the person sending it in dipped the coin and sent it in to be graded not long after the dipping took place, years down the road it starts looking just like this coin does because it wasn't rinsed properly after they dipped it
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 Posted 02/17/2012  04:34 am  Show Profile   Bookmark this reply Add westcoin to your friends list
You might want to contact PCGS they may purchase the coin from you to get it off the market, they are known to do that with trouble coins that made it into their holders. Just a thought, since it's low value it may not be worth the hassle, I would not sweat it over a coin so close to melt value anyways. Break it out dip the heck out of it and see how she looks then, it's not like it's a big rarity.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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 Posted 02/17/2012  10:50 am  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
You might want to contact PCGS they may purchase the coin from you to get it off the market, they are known to do that with trouble coins that made it into their holders.

Possibly but you would have to ship it to them so you would have another $8 to $10 or more in the coin. He'd have $50 in a coin they would pay him $35 for.
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264 Posts
 Posted 02/17/2012  11:57 am  Show Profile   Bookmark this reply Add Landon to your friends list
Thanks everyone for the advice. I've decided I am going to keep it. I bought some acetone and I will post pictures of what the results are. I paid 41.00 and the seller combined shipping on the two Peace dollars and gave me a discount. He had the shipping at $6.00 a piece and then sent me an invoice for $2.00 to ship both of them. I am very happy with the other Peace dollar I received from him and the picture was as bad or worse on the one I'm satisfied with, also no reverse image on that one as well so I don't think he was trying to hide anything.

So with shipping I have $42.00 in this coin so it would not make sense to pay to ship it back and not worth the effort of opening a 'not as described' dispute, etc.
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264 Posts
 Posted 02/19/2012  2:25 pm  Show Profile   Bookmark this reply Add Landon to your friends list
Here are the results.

How-Does-This-Happen?-1923-Peace-Dollar

How-Does-This-Happen?-1923-Peace-Dollar
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 Posted 02/19/2012  7:06 pm  Show Profile   Bookmark this reply Add Las_Vegas_Larry to your friends list
Nice and shiny.

The stain must have been something on the surface of the coin. I don't think toning from improper, dip, rinsing comes off with acetone.
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264 Posts
 Posted 02/19/2012  7:13 pm  Show Profile   Bookmark this reply Add Landon to your friends list
The brown stuff came off with the acetone but the haze remained. I had to dip it in a silver cleaning solution to make it look like this. It took like a 4 second bath and it was gone. I then rinsed with warm water and then dipped it back in acetone for a couple seconds then let it evaporate dry. I made sure not to wipe it or brush it with anything.

I must have done something right though because it has tons of luster remaining. I was a little worried because this was my first time doing anything like that.
Edited by Landon
02/19/2012 7:15 pm
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 Posted 02/19/2012  8:39 pm  Show Profile   Bookmark this reply Add DM1975 to your friends list
What silver cleaning solution did you use?
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