1923 Peace Dollar

Hi Mike

I waited for some the more knowledgeable on the dollars coins to offer up some opinions but the grading forum has been pretty quiet for the last couple of days.

I see nothing that would keep the coin from being the 64 that you purchased, the die crack in most cases will not lower the grade,, in my opinion these coins are very hard to achieve higher grades due to the inherant weakness of the design and the difficulty that was encountered in the minting of them they are one of the most commonly weak struck coins the US has ever produced.

If anything is holding the coin back it is the weakness of the details through the center of the coin both obverse and reverse.IE the hair details above the eye and above and around the ear on the obverse, and the right wing feather detail and down the right leg on the reverse.

all in all This is a fine example of a very difficult series to find pristine well struck coins in.

Rick

Great original surfaces!
Good buy.

Thanks everyone for your input. I read somewhere (can't remember where) that all of these coins where dispursed in bags and none in rolls and that's why they are so marked up. Has anyone heard anything like that. It is tough to find ones not too marked up and not to pricey. As for the strike weakness of the series, does this way heavily on the grading of the coins since they are known to have been weakly struck?

Hi Mike

From my minimal experiance with these particular coins in a collector sense ,, Meaning hands on experiance,, up to a point the strike plays a small part in the grade but after a certian level it becomes increasingly important.especially on the high relief coins. But in contrast fully struck coins from Denver and Philly are not considered hard to come by so strike weakness in these 2 mints may play a larger role sooner than San Fransisco would ,since S mint coins are more often of pooer strike quality and thus an exception maybe nade for the S mint coins. where as the others D and P are held to high standard.

The bag marks and roll marks are hard to get away from on the bigger heavier coins and even the highest grades can have a few marks on them.

Im pretty sure these coins were shipped from the mint in bags, but they then would have been rolled to accomodate whatever commerce these coins were involved in.

Rick