Buying US Silver Dollars

Looks legit to me.

Looks like a good price at $20 shipped. The local coin store is charging $22 for culls at the moment (no holes, not bent, and much worse than your coin).

My fist set was a Peace dollar collection. It started off a raw collection and buying the raw Mint State coins on ebay. I decided that I wanted to have the raw coins graded by NGC after collecting about 12 coins and I submitted the coins to NGC. This was my first lesson on grading and ebay sellers not providing coins as described as most of the coins came back from NGC at a lower grade than expected and I also got a couple detail grades. The biggest problem that I had with grading a Peace dollar was telling a AU 58 from a MS 61 or 62. I did have some dumb luck as I made a nice $500 grading score on a key date 1934 S that made up for most of my grading losses. The same seller that sold me the 1934 s stung me on another raw coin. I completed the set by buying slab coins and upgrading some of my errors, but it was a very good ebay and grading lesson.

The set and grade that you do is going to be dependent on your budget. Once you have your budget get a price guide for all the grades and map out your set. When you are learning start buying the least expensive coins, so you get some feedback about your purchase. Collecting coins is a marathon not a sprint, so when you start buying take your time, and get the best coin you can for the dollar spent.

I would recommend that you purchase NGC or PCGS slabs. ANACS grades are fine but the coins are harder to resale. I crossed all my ANACS coins to PCGS.

1921 Peace dollar - buy the coin in any MS grade with a solid strike and the hair details above the ear. To find a quality coin with nice luster and a solid strike will challenge you, but it is highly collectable. These coins typically have a flat spot above the ear. On the grade the strike is not taken into consideration until the coin is graded above MS65 and some of the MS 1921 Peace dollars will have a greyish luster and poor eye appeal.

I have MS64s in the common dates because I did not want to put my money into common coins, MS 63, 62 and 61 in most of the better dates and a AU 55 for the 1934 S.

I still have two better date AU 58s that I purchased raw that I thought were MS, but graded AU 58. I have not upgraded these Peace dollars because I started a Morgan slab collection.

Try to buy coins with good eye appeal that other collectors would want as the coins will be much easier to sell and have greater value on resale.

When you buy slabbed coins I find it hard to keep track of the dates. That is why for common coins I get the Dansco albums. I have three complete sets. The albums are easy to store. If you have a hundred slabbed coins where do you store them and keep them in order?

Wow, that is nice. I never really heard of a slab binder. Where did you buy the slab binder, or did you make it yourself? I have a complete set of Peace dollars all in a Dansco album except for a 1926 in AU-58 in a slab. I have it all in a safe deposit box. Since you obviously like Big Silver Coins which other ones are you collecting? I have collected a full set of LWH dollars, Peace dollars and Franklin Halfs. Now I am working on buying the higher mintage Morgans in BU condition. I also have about 2/3 of a LSQ set. The LSQ's are challenging but doable. The Silver Eagles are now collectible also and a good value I think. The Morgan complete set is probably not doable at present, but it a goal to aspire to fill. I bought a 1878-S Morgan in BU condition for $65. Do you ever consider buying slabbed Saint-Guadens like 1913-S which are not that expensive and yet have very low mintage? There are at least 3-4 St. Gaudens that have mintage less than 100,000 and yet they are not much more expensive than much more common coins of that set.

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If you buy a photograded coin from NGC you can match up the Knicks and scratches

And be careful of Littleton their a rip off

Slider - do either of these 1921's have the hair details on the ear like you mentioned?

http://www.ebay.com/itm/27194956490...RK:MEBIDX:IT

http://www.ebay.com/itm/1921-P-Libe...em3aafcae0d9

Thanks!

Here is an example for sale on ebay that shows the details in the hair above the ear. The seller is asking for a premium because of the solid strike. I am not recommending you buy this coin as the seller does not offer refunds as I just want to show you an example.


261997835889