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Average Price For A Low Grade Peace Dollar?

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Bertensgrad's Avatar
United States
1192 Posts
 Posted 11/17/2014  4:19 pm Show Profile   Bookmark this topic Add Bertensgrad to your friends list Get a Link to this Message Number of Subscribers
I'm putting together a 7070 type set of mostly problem coins and well worn coins grading from Ag-VG. I was wondering what price I would probally pay for a well worn Peace dollar. It seems like dealers around here have typically been selling them for like $23 here but they are in a higher grade then I need.
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Debrajc's Avatar
United States
4211 Posts
 Posted 11/17/2014  4:24 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
$20 - $24 at a coin show I attended yesterday in Jacksonville, FL. Hope that helps some.
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edweather's Avatar
United States
7375 Posts
 Posted 11/17/2014  4:25 pm  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Yea, I'd look for as close to melt as possible. Picked up a well worn Morgan a couple weeks ago from my LCS for $15.
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Bertensgrad's Avatar
United States
1192 Posts
 Posted 11/17/2014  4:30 pm  Show Profile   Bookmark this reply Add Bertensgrad to your friends list Get a Link to this Reply
Yeah I'm hoping to find one around melt but didn't know if they ever went for that. It's a cool collection so far my only coins I need after 1850 is the Peace dollar and two Ike's.
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NumisRob's Avatar
United Kingdom
17980 Posts
 Posted 11/17/2014  4:36 pm  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply
I was in Orlando a couple of weeks ago and the LCS I visited had a box of Peace dollars for $24 each - there were some common ones in Good EF to AU but also some lowball specimens! Would love to get silver dollars for $15!
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Bertensgrad's Avatar
United States
1192 Posts
 Posted 11/19/2014  2:02 pm  Show Profile   Bookmark this reply Add Bertensgrad to your friends list Get a Link to this Reply
Ok I found a AG Peace dollar for $16 at one of the coin stores I go to. I didn't grab yet since I'm hoping to see the owner Friday to sell some pieces if he is still interested. Problem is for four to eight dollars more I could get a decent one about xf with good toning. I would be happy to sell him the stuff for $25 so maybe we could make a deal for a nicer junk Peace dollar and two common Ike's I want. Just some proof sets with about $18.30 in face value. I paid $5 over face over them and I'm looking to break even.
Edited by Bertensgrad
11/19/2014 2:29 pm
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Joe2007's Avatar
United States
3843 Posts
 Posted 11/19/2014  9:12 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
A local dealer was pricing AG Peace dollars at $17 last weekend.
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zxcccxz's Avatar
Canada
5417 Posts
 Posted 11/19/2014  9:55 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
Before the huge drop in silver, my local dealer priced any peace/morgan dollar without numismatic value at $23 ($21 USD), grading anywhere from G-VF (I actually picked up a problem free 1890-P in AU-50 from the pile once ). Haven't been there since the drop, I'm guessing pricing has gone down to $20 or thereabouts or the coins have been taken off the shelves completely.
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Darth Morgan's Avatar
United States
2815 Posts
 Posted 11/20/2014  10:12 am  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply
I like that you're doing a lowball 7070. Got any pics of your set so far? I have a lot of lowball Peace dollars, all with original surfaces. Drop me a PM. Maybe we could do a trade for one.
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kanga's Avatar
United States
5825 Posts
 Posted 11/20/2014  10:39 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
With silver currently at about $16.20 you should easily be able to get lower grade, common date Peace dollars for under $20.
They are virtually bullion items.

The higher prices that dealers are quoting are probably because they bought when silver was higher and are not ready to lose money.
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United States
1590 Posts
 Posted 11/21/2014  1:23 pm  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
$22 dollars around here. But I expect the price to go down in a few weeks.
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United States
937 Posts
 Posted 11/21/2014  2:31 pm  Show Profile   Bookmark this reply Add Tryna to your friends list Get a Link to this Reply

Quote:
It's a cool collection so far my only coins I need after 1850 is the Peace dollar and two Ike's.


The rarest coin in the world may be an IKE in poor 01
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tkbslc's Avatar
United States
1158 Posts
 Posted 11/21/2014  3:59 pm  Show Profile   Bookmark this reply Add tkbslc to your friends list Get a Link to this Reply
One of our LCS sells AU common dates for $25.
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atticguy's Avatar
United States
1373 Posts
 Posted 11/21/2014  4:32 pm  Show Profile   Bookmark this reply Add atticguy to your friends list Get a Link to this Reply
The shop I go to has them this week for $13.50 each. They come in conditions from AG to EF, and all types (year/mint mark). I don't collect dollar coins yet (I buy silver quarters, dimes, and nickels), so I don't really look too much at them.
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 11/21/2014  7:34 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
If you can find honest problem free P-AG Peace where you can still see the MM for under 25, get them. Very often quality low balls are NOT tied to melt value. They do carry a premium. The price actually drops when you go UP in grade to G-F. Those coins are usually closer to melt.
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tgauchsin's Avatar
United States
344 Posts
 Posted 11/21/2014  9:29 pm  Show Profile   Bookmark this reply Add tgauchsin to your friends list Get a Link to this Reply
Just stopped by the LCS today - $21.
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