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 Replies: 29 / Views: 4,331 |
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Valued Member
 United States
80 Posts |
Well he was asking $27 a piece for the Peace dollars and I bet he will ask $55-60 for the ASE so spread wise it's pretty even. Also he had a large bin of Peace dollars and only a handful of ASEs so I bet he liked the chance of being able to get something new. Hopefully he goes for the deal again since I have a number of duplicate proof SAEs that I'd be willing to part with to complete my set. However I think the next time I go I will buy some as a good gesture. |
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Pillar of the Community
Canada
1731 Posts |
nie deal. On tuesday I'm going to my Canadian coin dealer and he has a bin of morgans and peacedollars that I can get for melt or alittle higher.  |
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Valued Member
United States
268 Posts |
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Pillar of the Community
United States
1353 Posts |
Dawg51999 Two major factors: If you are pleased with the Peace dollars satisfaction is immeasurable. Having traded a bullion coin for numismatic material priceless! |
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Valued Member
United States
206 Posts |
You got a good deal for some very good coins!
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Pillar of the Community
United States
2049 Posts |
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Pillar of the Community
United States
3843 Posts |
Quote: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  I'm surprised the dealer made this trade as well, those Peace dollars are considerably better than ones that usually are in melt bins. If they look just as nice in hand as those photos I would say that was a very good deal. |
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Valued Member
United States
80 Posts |
Thanks for all the feedback! I may have encountered a case of beginner's luck this weekend.
One last question for all you helpful people out there. I am trying to test my ability to grade which is very limited. From comparing the coins to pictures I think these could both be AU does anyone agree or am I being too generous.
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Bedrock of the Community
United States
14454 Posts |
Peace dollars are very hard for me to grade as they are all so weakly struck, it makes BU coins look like XF coins when judging by detail. If you can see luster on the coins then they should be in the AU grades but that will be something that you would have to look for in hand as its hard to tell by the photographs
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Pillar of the Community
United States
3670 Posts |
Bryan is right Dawg, the Peace dollar strike is one of the worst in history, even though they o have some following.... I noticed on ebay anyhow, the nicer high grade Peace dollars have nice high detail on the lettering on the reverse of the coin, via the bird feathers.... You will see real nice rare date high grade Peace dollars list in the excess of 1000 often, as again they are not the best struck coin, but that does not seem to affect their value or collectible factor.... |
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Valued Member
United States
140 Posts |
Quote:I have to say I am really surprised a dealer would trade 2 Peace dollars for one ASE. Don't forget that every dealer isn't as honest as the most of us. There's a chain of places in the state that I live that only pays $15 for Silver Eagles, and yes, they get with it. A lot more often that you would imagine. So perhaps they don't have much into those two Peace dollars and they'll still make out, even if they were to scrap the Silver Eagle. |
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Pillar of the Community
United States
5854 Posts |
Good trade! They are very nice coins with luster and nice toning! Congrats! |
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Valued Member
United States
268 Posts |
I do not know lots about grading so you should ask someone else
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Pillar of the Community
Canada
987 Posts |
Good trade on your part. Like some others said, I'm surprised that a dealer went for it.
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Replies: 29 / Views: 4,331 |
First Page
Posted 04/01/2012 11:56 am
