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 Replies: 29 / Views: 4,326 |
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Valued Member
United States
80 Posts |
I recently decided to try to complete a set of Peace dollars. I have been picking up regular circulated common dates so far nothing really special. Anyways I was thinking about going to local coin store to work out a trade for Peace dollars. I have a number of 2006 proof silver eagles and I was thinking about proposing a trade: one 2006 proof silver eagle for two common Peace dollars. From what I can tell it seems like a fair trade and he will be in my opinion slightly better off. Long story short I have never traded with a dealer and was interested in any advice/thoughts people may have (seem like a fair trade, is a dealer likely to go for this etc).  |
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Pillar of the Community
United States
619 Posts |
It never hurts to ask; the worst thing that can happen is that they say no. Most dealers I know are willing to make a deal, especially if they get new product.
Edited by CPC24
03/30/2012 10:20 pm
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Pillar of the Community
United States
2424 Posts |
SDcoinguy, you're far too senior here to be unaware of the prohibition against commerce with new members. Not cool.
Edited by SDcoinguy
03/31/2012 09:19 am
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Valued Member
 United States
80 Posts |
The 2006 proofs are in Mint packaging just regular issue not anniversary set. I'm gonna try to swing by the store this afternoon. If I have any luck I'll let y'all know.
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Pillar of the Community
United States
3670 Posts |
Sounds like fair deal to me if the Peace dollars are not ultra nice uncirculated or key dates obviously or anything.... Perhaps AU almost uncirculated would be a fair trade I'm novice O.... |
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Valued Member
United States
80 Posts |
Happy to report my trade was successful I got a 1924 and 1935 Peace dollar in exchange for a 2006-W SAE.   Pretty happy with the overall trade, especially since I looked up on the mint's website that I originally paid $27.95 for the SAE.   |
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Pillar of the Community
United States
2424 Posts |
sorry
i was not thinking clearly this morning.. forgive me please?
that edit correction noticed really embarrasses me
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Valued Member
United States
223 Posts |
I personally like Peace dollars more than ASEs and am glad to see you got a good deal. Toned Peace dollars are even harder to come by, congrats. |
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Moderator
 United States
15400 Posts |
Appears to be a nice trade ... congratulations on your new Peace dollars.  Thanks for the photos ... lovely toned Peace dollars indeed. David Take a look at my other hobby ... http://www.jk-dk.artEdited by nickelsearcher
03/31/2012 7:33 pm
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Pillar of the Community
1283 Posts |
LOL, don't sweat it SDcoins this isn't grade school who cares
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Pillar of the Community
United States
3670 Posts |
I thought those may have a real nice tone, thought maybe just lighting perhaps.... If those are indeed toned as nicely as I figure, may want to invest 20 to slab each one, as Peace dollars command RIDICULOUS big money on ebay, when high grade an nicely toned.... I have noticed now certain coins do not tone as nice or easily as others. So when they do, they are priced real high, case in point Peace dollars and Kennedy halves.... Now that is some good info IMO, just what hours of hunting will provide, lol.... I agree TBK, I would not sweat it easy mistake as I don't always think to look an see how many posts a member has, easy mistake.... Edited by Silverhawk74
03/31/2012 9:30 pm
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Pillar of the Community
United States
4897 Posts |
SD  You're in trouble...wait a minute this isn't grade school sorry I misread throwbacks post...Seriously, all is good SD. I'm sure you would have gotten more than a verbal lashing if the Mods didnt think it was an honest gufaw... |
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Valued Member
United States
80 Posts |
Silverhawk, Thanks for the idea, the 1935 in particular has very nice toning. In fact I was going through a bin of Peace dollars and it just jumped out and caught my eye as a nice coin and it seems to be in pretty good condition to boot. I never realized toned coins commanded a premium. I may have to go back soon and dig for more coins because he had a bunch of coins with nice toning that he was selling for just a few bucks over melt. |
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Moderator
United States
23522 Posts |
No big thing, SDcoinguy. I couldn't let it stand, but we all have blonde moments.  |
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Pillar of the Community
United States
3670 Posts |
Not only does the 1935 have nice toning, but it is a tougher date as well, so if you were lucky enough to even grade MS-60, that coin would still bring solid money one day, esp if silver ever takes a ride like it did last late spring.... Heck even a AU-58 grade would be o.k., again I am far from an expert enough to look at those picks an even make a ball park guess.... Common sense tells me however, if a coin is scratch an nick free for the most part, and the engravings are all still defined shall we say, and all dates are clearly readable then it could grade high.... I like the pan down pics of the different Merc dimes from high grade to low in this novice coin grading link below..... http://www.acoin.com/grading.htmI am picky, so I like VF or better, and that gets more UN-realalistic the older you go, esp if it is say 150 years old or older.... Edited by Silverhawk74
03/31/2012 10:52 pm
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Bedrock of the Community
United States
14454 Posts |
I have to say I am really surprised a dealer would trade 2 Peace dollars for one ASE. I guess it being a proof he thinks he can sell it for more than melt but if he does this very much I don't think he will stay in business very long because with silver around $35.00 an ounce he would be only getting around $17.50 for each Peace dollar. I am glad you made got him to make the trade but I don't see many dealers making the same trade because they would have to get at least 50.00 for the ASE to come out good and that doesn't even factor in the overhead |
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Replies: 29 / Views: 4,326 |
Posted 03/31/2012 09:15 am
