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1923 Peace Dollar Grade Please!

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ChildOfTheWheat's Avatar
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5828 Posts
 Posted 05/02/2015  9:33 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
Are you saying that while its worth above melt because its a Peace dollar now, it will be worth only silver later because of a massive price increase?
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BH1964's Avatar
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 Posted 05/02/2015  9:38 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
rynegold's 2017 prognostication sounds good.

XF40 for the coin.
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rynegold's Avatar
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 Posted 05/02/2015  9:54 pm  Show Profile   Bookmark this reply Add rynegold to your friends list Get a Link to this Reply
"Are you saying that while its worth above melt because its a Peace dollar now, it will be worth only silver later because of a massive price increase?"

A rising tide lifts all boats. If your buying, here at 16 dollar +- silver, good solid coins for under $35 dollars (better coins than that of the OP's coin but those are good too if bought for say 12 to 15 bux) then at $50 Ag, you will be looking at a coin worth $38.75 melt How can you go wrong? Newcomers to the coin fancy, and high prices will bring them on, will be paying $55+ and up, for coins you paid $35ish for. Depends on the market both in Ag and collectible coins. Clean 81s or 04os will be automatic winners. You can't ignore higher Ag prices in the equation concerning prices for common coins; especially dollars....higher silver prices are coming. Buy now; not later.

edit: remember, grading fees, like speeding tickets, never go down... just up.
Edited by rynegold
05/02/2015 10:06 pm
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 Posted 05/03/2015  6:31 pm  Show Profile   Bookmark this reply Add scout81 to your friends list Get a Link to this Reply
it is really amazing that coins with all their age. worksmanship and beauty sell for so little above the value of the metal they contain. but it happens and it's true that if and when silver prices go up you will still have won out in the long run.

I have never melted a coin other than out of curiousity when I was a younger prospector learning to melt and assay (i used a couple 1964 quarters). I think if you are able to buy stuff now you are in a good position for the future. I wish things were actually affordable when I started, I would have built a better collection earlier.
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ChildOfTheWheat's Avatar
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 Posted 05/03/2015  7:01 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
Okay thanks for the information. Sorry, I missunderstood you!
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