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 Replies: 20 / Views: 2,159 |
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Pillar of the Community
United States
8715 Posts |
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Bedrock of the Community
United States
94367 Posts |
Why on earth would you want to spend more than the coin is worth having it graded?  |
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Pillar of the Community
United States
7629 Posts |
This is one of those coins where the GSA holder and GSA pedigree is worth way more than the coin.
It just works that way sometimes.
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Bedrock of the Community
United States
94367 Posts |
A bullion/melt value 1922-S is worth THAT much more in a GSA annotated TPG holder? Really? (Clueless) Edited by Coinfrog
06/02/2019 7:43 pm
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Pillar of the Community
United States
4692 Posts |
I'm skeptical about a low grade relatively common Peace dollar getting much more than a raw one due to a GSA holder, at least I wouldn't pay any more for it, but perhaps there are people who will. Why? I have no idea, especially since it would not be hard to open and reseal them. |
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Bedrock of the Community
United States
94367 Posts |
I have no idea, either, if this discrepancy is indeed true. If it is, and it sounds plausible, then it is madness. True madness.
Edited by Coinfrog
06/02/2019 8:02 pm
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Valued Member
United States
93 Posts |
Just doing some quick looking on ebay, there is a 1924 NGC AG3 for $325 listed. Who knows if it's going to sell but maybe there is a market for these? |
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Pillar of the Community
United States
7629 Posts |
The coin itself, if removed from the GSA holder, becomes just another common circulated Peace dollar worth 15$. As long as it stays in the GSA holder it has provinence back to the GSA sales of the 1970's. There is a niche market for this kinda stuff. It will bring a big premium to collectors of this stuff. I know it's stupid but it just works that way. |
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Bedrock of the Community
United States
94367 Posts |
Seriously laughing here if that is the case. It's a whole new world to me - please help!
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Pillar of the Community
United States
2125 Posts |
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Pillar of the Community
United States
7629 Posts |
Cheapest BIN GSA soft pack Peace dollars on ebay are in the 80 to 100 $ range. You can buy all the circulated Peace dollars NOT in GSA soft packs you want for less than 20$. People are sometimes willing to pay for the provinence. You can also walk around any major coin show and try to buy these GSA soft paks from knowledgeable dealers at generic raw coin prices. You are not going to walk away with any coins. That I can assure you! Edited by westernsky
06/02/2019 9:20 pm
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Valued Member
 United States
456 Posts |
I appreciate everyone taking the time to belittle this niche in the hobby. Well done.
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Pillar of the Community
United States
7629 Posts |
I did not at any moment "belittle" this niche in the hobby nor your coin. All I told you was your coin is worth more money as it resides in the GSA soft pak vs what it would be worth out of the soft pak and in a TPG holder. The numbers don't lie. It is just the reality of the situation. |
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Valued Member
United States
456 Posts |
westernsky - I also appreciate the opinions on grade. Thank you.
Edit: I do not own this coin but was considering making an offer. It would be an upgrade for my NGC registry set if it straight grades.
Edited by AES
06/02/2019 11:06 pm
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Valued Member
United States
456 Posts |
I apologize. I realize after review that the questions are genuine.
NGC will certify these GSA issue dollars and encapsulate them with the original packaging. They're adept at detecting tampering, so origin is not a concern. There are very few (or no known) coins inside the original packaging for most dates and mint locations. The NGC competitive set registry in this category is fun (for me at least) because it's hard or maybe impossible to complete the set.
I've also found that NGC will hold these to a higher standard when grading for whatever reasons. I speculate it's the difficulty in assessing through the packaging.
Edited by AES
06/03/2019 12:26 am
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Posted 06/02/2019 7:12 pm
