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1923 S Peace Dollar

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Author Previous TopicReplies: 4 / Views: 1,041Next Topic  
Valued Member

Canada
82 Posts
 Posted 02/10/2008  4:20 pm Show Profile   Bookmark this topic Add grmike to your friends list Get a Link to this Message Number of Subscribers
There's a big jump in price between ms60 and ms63 do you think this coin could be in that range ?





Image: 1923-S-Peace-Dollar peace1.jpg
66.98 KB

Image: 1923-S-Peace-Dollar peace2.jpg
70.99 KB
Edited by grmike
02/10/2008 4:21 pm
Valued Member
gbchaosmaster's Avatar
United States
328 Posts
 Posted 02/10/2008  4:23 pm  Show Profile   Bookmark this reply Add gbchaosmaster to your friends list Get a Link to this Reply
I could say this is AU50, and that would be lying. F12 at the most. Sorry.
Valued Member
Canada
82 Posts
 Posted 02/10/2008  4:40 pm  Show Profile   Bookmark this reply Add grmike to your friends list Get a Link to this Reply
I can see where it might be worn but definitely not that worn.

I bought it for 20 dollars (no tax, no shipping and handling) at a coin shop. That's only about 5 dollars more than the scrap silver price of a Peace dollar so I didn't really lose anything. When I bought it it was graded MS60.

According to pcgs the price difference between a F and AU is 5 dollars, doesn't really maka difference anyway, the real difference is if it was MS60/61/62 but I guess that's too high.
Edited by grmike
02/10/2008 4:52 pm
Pillar of the Community
KurtS's Avatar
United States
5318 Posts
 Posted 02/10/2008  5:10 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
I can't tell enough to even guess a grade from the pics, but yeah--a MS Morgan/Peace $1 coin shouldn't have any wear except for bag marks common to the old dollars. It sort of irks me when dealers overgrade coins, although I'll say the coins I buy from Canada are typically more honestly graded. The worst offenders I've seen are with popular American coins such as the Morgan and Peace dollars, as well as Indian Cents--people simply make up any grade for a nicer margin. In any case, it's not a bad price to learn!
Edited by KurtS
02/10/2008 5:12 pm
Valued Member
Canada
82 Posts
 Posted 02/10/2008  5:14 pm  Show Profile   Bookmark this reply Add grmike to your friends list Get a Link to this Reply
"I can't tell enough to even guess a grade from the pics"

sorry about that, I'm not used to scanning things and enlarging the photos. The biggest reason why I can't tell if it's MS or not is because I can't tell if the coin has wear or is just dirty. The surface of eagle side doesn't have any wear the other side might I'm not sure.

the lustre/surface preservation looks like an AU at least. I just started collecting US silver dollars but I've learned that US coin grading seems to be more leniant than Canadian coin grading.

Edited by grmike
02/10/2008 5:21 pm
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