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1926-D Peace Dollar - What's The Grade?

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magicalmke's Avatar
United States
123 Posts
 Posted 07/20/2013  1:56 pm Show Profile   Bookmark this topic Add magicalmke to your friends list Get a Link to this Message Number of Subscribers
Curious what everyone thinks of this 1926-D Peace dollar's grade. It is graded by a reputable TPG and I will share the assigned grade after everyone weighs in.

thanks

1926-D-Peace-Dollar---What's-The-Grade?

1926-D-Peace-Dollar---What's-The-Grade?
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BH1964's Avatar
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10982 Posts
 Posted 07/20/2013  4:13 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
No offense but the pics are not good. Reverse is quite blurry and both seem to lack adequate lighting. Guess would be MS62. It looks like a pretty nice coin with subdued luster.
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magicalmke's Avatar
United States
123 Posts
 Posted 07/20/2013  5:41 pm  Show Profile   Bookmark this reply Add magicalmke to your friends list Get a Link to this Reply
No offense at all. I usually shoot pictures of flowers and mountains, so coin photography is not a developed skill of mine. Here are a couple more pictures. Hopefully they can also help:



1926-D-Peace-Dollar---What's-The-Grade?

1926-D-Peace-Dollar---What's-The-Grade?

1926-D-Peace-Dollar---What's-The-Grade?

1926-D-Peace-Dollar---What's-The-Grade?
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SsuperDdave's Avatar
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23522 Posts
 Posted 07/20/2013  5:54 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Nicely done. Well-struck example but the carbon mark on the reverse detracts; I think the slab says 63 when it might qualify technically as a 64.
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panzaldi's Avatar
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 Posted 07/20/2013  6:10 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
to many distracting spots - MS62
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BH1964's Avatar
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 Posted 07/20/2013  7:31 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Second set of pics are better. I'll stick with MS62, it would be an easy 63 except for the large carbon spot on the reverse below DOLLAR.
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westcoin's Avatar
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 Posted 07/22/2013  01:00 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
MS62 to me. The carbon spot is quite distracting, and they might really kick it down for that, as they usually do for anything that stands out in detriment to the look of the coin.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

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Edited by westcoin
07/22/2013 01:01 am
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D0ubl3Eagle's Avatar
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 Posted 07/22/2013  01:05 am  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
I think it's a weak MS-63. I don't see it grading any higher.
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magicalmke's Avatar
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 Posted 07/23/2013  11:35 pm  Show Profile   Bookmark this reply Add magicalmke to your friends list Get a Link to this Reply
Thanks everyone for the feedback! This was purchased on accident at an auction. It is actually housed in a PCGS old green rattler saying MS65! I think it's probably overgraded especially given the large amount of chatter on the right of the field and 1 bag mark prominent on the cheek. While it's always hard to grade from a photo, I'm thinking that the consensus of this thread around MS-63 is probably right on.I will be sending it in to PCGS for reconsideration...Here's the photo in the holder:



1926-D-Peace-Dollar---What's-The-Grade?
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IndianGoldEagle's Avatar
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36744 Posts
 Posted 07/24/2013  10:57 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
I think I would be tempted to leave this one in the old PCGS slab as I think it may pull a lower grade on a resubmit.
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52Raymo's Avatar
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 Posted 07/24/2013  11:22 am  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Yes, it's right where it needs to stay.
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westcoin's Avatar
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9792 Posts
 Posted 07/24/2013  3:33 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
I agree send it back for regrade, they will probably send you check, as there is a slim chance it is really a MS65. The older holders were often undergraded when compared to todays standards. You might get a nice profit from their grading guarantee!
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

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fenton's Avatar
United States
4989 Posts
 Posted 07/24/2013  8:11 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
Looks 65 - razor sharp strike, few marks, abundant luster. The carbon spots will detract from the market value ("buy the coin not the holder") but won't have a big impact on the technical grade
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BH1964's Avatar
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10982 Posts
 Posted 07/24/2013  10:45 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Eye appeal should subtract at least 1 point on that coin and I'd subtract 2 points for the poor eye appeal, the obverse luster looks average at best too. It's possible the spotting has gotten worse since it was holdered and if resubmitted under PCGS' grade guarantee, it will like net a you a check and a new holder with a 63 on it.
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magicalmke's Avatar
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123 Posts
 Posted 07/25/2013  01:28 am  Show Profile   Bookmark this reply Add magicalmke to your friends list Get a Link to this Reply
Another option might be to try and use their conservation service. I've seen examples of coins with spots worse than this that came out looking great. I'm concerned that even with the spots removed, the chatter on the right of the field would limit it to low 65 or high 64 at best. From what I've read they also consider the coin for pcgs's grade guarantee if submitted for conservation. Any thoughts on going this route?
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SsuperDdave's Avatar
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23522 Posts
 Posted 07/25/2013  01:36 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Don't touch it. I'm not astonished at the grade, and you'll find that the popular perception is these older slabs are undergraded. This coin will sell for more in the current slab that a "new" MS65 slab.
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