What's Up With The 1934-S Peace - Coin Community Forum

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Author	Replies: 3 / Views: 1,146
upstate Pillar of the Community United States 3283 Posts	Posted 04/17/2012 8:03 pm I'm working on my Peace dollar set and have been looking at this coin. I knew it is a conditional rarity from reading RedBook, but why? Is it a problem with poor dies, especially reverse die; or is the 34-s subject to be more circulated than most of the remainder of the series for some reason? The stuff on ebay is mostly junk, lots of folks trying to capitalize on the rarity by cleaning (and sometimes polishing)and pawning them off as original. This coin could prove to be a difficult task to obtain in decent shape without spending a lot. Report this Post to the Staff

1893S Pillar of the Community United States 1554 Posts	Posted 04/17/2012 8:22 pm Most were released into circulation after minting. So, MS 1934-S isn't always easy to find. There's nothing that I know of in regards to striking problems. I wouldn't buy one below Extra Fine grade because of poor resale. Report this Post to the Staff
nickelsearcher Moderator United States 15446 Posts	Posted 04/17/2012 8:47 pm Quote: This coin could prove to be a difficult task to obtain in decent shape without spending a lot. ... anything worth having in MS63 will cost you $2500 ... and in average AU this is a $400 coin. The Peace dollar series has many condition rarities ... but most of the huge jumps in price occur between MS64 and MS65 ... think 1925-S ... $900 in MS64 and $21,000 in MS65. The 1934-S Peace dollar is the only coin in the series priced over $1000 in MS60 ... a strange situation given the 1 million coins minted ... but with few MS survivors. Let us know how the search goes for you. David Take a look at my other hobby ... http://www.jk-dk.art Report this Post to the Staff
upstate Pillar of the Community United States 3283 Posts	Posted 04/18/2012 11:45 am I have about 15 of these so far and have spent under $40 each for all. Most are EF-AU, with an Unc or 2 thrown in the mix.I knew the '21 and '28 would cost but 34-s was a surprise, now I'm hoping I can find a "under appreciated" coin for about $100. Lots of luck- Report this Post to the Staff
	Replies: 3 / Views: 1,146

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