1924 Peace Dollar- PO-1? - Coin Community Forum

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Author	Replies: 19 / Views: 2,996	Page: of 2
Connor Pillar of the Community United States 2130 Posts	Posted 05/30/2015 1:31 pm Well... Do you think this Peace dollar would grade a PO-01? I see no sign that there has ever been a mint mark on this coin. I have included a close up for you to take a look at. Thanks for your input. Report this Post to the Staff

edweather Pillar of the Community United States 7375 Posts	Posted 05/30/2015 2:40 pm No expert here, but looks like a legit P01 to me. Will wait for others opinions. Report this Post to the Staff
SilverStackerKid Pillar of the Community United States 6478 Posts	Posted 05/30/2015 3:24 pm Awesome PO01 lowball. Report this Post to the Staff
lovecoins Valued Member United States 331 Posts	Posted 05/30/2015 5:39 pm how can you tell a date from that coin Report this Post to the Staff
lovecoins Valued Member United States 331 Posts	Posted 05/30/2015 5:39 pm more like a Extremely Poor -5 Report this Post to the Staff
lovecoins Valued Member United States 331 Posts	Posted 05/30/2015 5:40 pm the day they go into negative numbers the services Report this Post to the Staff
Thundercoin Pillar of the Community United States 675 Posts	Posted 05/30/2015 8:14 pm Certainly looks like a legit P-01 coin to me. That coin could tell some stories! Report this Post to the Staff
ChildOfTheWheat Pillar of the Community United States 5828 Posts	Posted 05/30/2015 8:25 pm Nice lowball! Report this Post to the Staff
CoinCollector2012 Pillar of the Community United States 8137 Posts	Posted 05/30/2015 8:59 pm PO-1 Report this Post to the Staff
Joseph7420 Bedrock of the Community Canada 11922 Posts	Posted 05/30/2015 9:14 pm PO-1, very nice Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 05/30/2015 11:43 pm How can you tell there isn't a mint mark on it? How can you tell the date? Report this Post to the Staff
JoggingLiberty Valued Member 292 Posts	Posted 05/31/2015 04:21 am So... I see the "4" at the end of the date but I can't see a "2" and since Peace dollars were also made in 1934, it could be from that year too. Also, am I crazy or do I see a "D" in the mint mark location? Report this Post to the Staff
nickelsearcher Moderator United States 15441 Posts	Posted 05/31/2015 06:08 am I humbly claim some expertise on the topic ... having seven PO01 Peace dollars certified by PCGS from raw coins I've acquired. There is a significant numismatic difference between a coin that has worn to (or beyond) PO01 state and a coin that is certifiable as a PO01. Any certifiable lowball coin must meet all of the following requirements .... 1. It must be specifically identifiable by type. 2. It must be specifically identifiable by date & mint mark. 3. It must have original (un-cleaned) surfaces. 4. It must be damage free (rim hits, graffiti, gouging, etc) For the Peace dollar series, the 1921 is a single year type and can be specifically identified by the shape of the portraits even when the date has worn away. The remaining 23 coins in the Peace dollar series must show a definite date and mint mark to be considered eligible for PO01 status. Judging by the photos provided, I am unable to say the four certifiable PO01 requirements can be met - concur that this coin has worn to (or beyond) P001 condition. Quote: Also, am I crazy or do I see a "D" in the mint mark location? There were no Denver minted 1924 Peace dollars ... although there was a D example in 1934. Bottom line Connor - can you make out a for sure specific date/mm? David Take a look at my other hobby ... http://www.jk-dk.art Edited by nickelsearcher 05/31/2015 06:26 am Report this Post to the Staff
Connor Pillar of the Community United States 2130 Posts	Posted 05/31/2015 08:01 am Nickelsearcher...thanks for your response. Wow...seven PO-01 Peace dollars. That is pretty amazing. Now to my coin... Here are the answers to 1-4 of the requirements. 1. This coin is identiifiable by type. 2. This coin is identifiable by date. (It has to be held at the right angle to see that it is a 1924 and not a 1934. It is hard for me to provide a photo of this but in hand it can be seen. Now to the part I don't quite understand. The mintmark...There is not a mintmark visible on this coin nor any signs that there ever was one on tis coin. How do you and a TPG determine if there was ever a mint mark on the coin when if the coin truly came from the Philedelphia mint there would have never been one? Maybe I will understand this better if you wil provide a photo for one of your PO-01 Peace dollars. I am guessing by what you and SuperDave are saying is that this coin is worn behond the point of being certified PO-01. 3. I think the surfaces are original and uncleaned for a coin in this condition. It is aleast market acceptable in my opinion, not sure about TPG acceptable since I have never dealt with TPG's alot. 4. Once again, judging by other PO-01 coins I have seen I would say this coin loks as good as others I have seen in TPG holders. Thanks again for all the responses...I just can't wrap my brain around the MM. I think when looking for a mintmark we are being forced to magically imagine a MM was once there when in reality it was never there. Report this Post to the Staff
nickelsearcher Moderator United States 15441 Posts	Posted 05/31/2015 08:43 am Connor - I can fully relate to the challenge of trying to 'prove a negative' that this coin (or any well worn Peace dollar) never had a mint mark to begin with. The Peace dollars in true (certifiable) lowball state are diabolically challenging in that the mint mark location tends to wear faster than the final traces of the date ... Which leaves coins such as yours (date visible) questionable in terms of authenticity. In my experience it is easier to find a certifiable branch mint Peace dollar because the presence of the mint mark can be easily and visually validated. Here is a photo that might assist. 1925 (Philly) Peace dollar - PCGS PO01 Your 1924 coin - should it be Philly mint ... would be the 6th such PO01 coin of that date if certified by PCGS. David Take a look at my other hobby ... http://www.jk-dk.art Report this Post to the Staff
Connor Pillar of the Community United States 2130 Posts	Posted 05/31/2015 08:56 am David...Thanks for your time and help with explaining things. In your honest opinion would you spend the time and money in having this coin submited to PCGS based on the info I have told you and the pictures provided? I enjoy the hunt for these coins. I never pay more than $20 for these...most have been under $15. It is truly very challenging trying to find a raw PO-01 coin. I now fully understand why the price of a PO-01 coin is so high. Report this Post to the Staff
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