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1934-S Peace... Will It Cac?

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Bedrock of the Community
Coinfrog's Avatar
United States
94367 Posts
 Posted 04/13/2016  8:29 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Doesn't help much. Looks AU in these pics.
Edited by Coinfrog
04/13/2016 8:31 pm
Valued Member
PAC's Avatar
United States
130 Posts
 Posted 04/13/2016  11:24 pm  Show Profile   Bookmark this reply Add PAC to your friends list Get a Link to this Reply
Assuming this isn't a slider coin, it looks like a decent shot at MS-63+ to me. However, For some reason it keeps looking like an AU slider to me, though. Obviously, in-hand will beat the photos of course.
New Member
United States
10 Posts
 Posted 04/14/2016  01:18 am  Show Profile   Bookmark this reply Add morganbeast to your friends list Get a Link to this Reply
Yeah I looked at my photos and it looks weak, but in hand it's awesome.... that's why I'm trusting 2 different dealers and going with the cac idea
Pillar of the Community
Slider23's Avatar
United States
4469 Posts
 Posted 04/14/2016  5:52 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
The coin is not a slam dunk for a sticker as CAC is very tough on Peace & Morgan dollars in grades of 61 or 62. If your coin has a scratch, carbon spot or lacks luster, it will not sticker.
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billjones's Avatar
United States
1499 Posts
 Posted 04/14/2016  6:02 pm  Show Profile   Bookmark this reply Add billjones to your friends list Get a Link to this Reply

Quote:
If your coin has a scratch, carbon spot or lacks luster, it will not sticker.


Yes, and this coin has multiple "carbon spots." I think that the coin is maxed out the way it is.

You should consider this. When there are huge jumps in price for each grading point, the TPG graders get very conservative. Here are the Gray Sheet numbers for the 1834-S dollar:

MS-60 $2,200
MS-63 $4,100 +86%
MS-64 $7,050 +71%

When you are up against numbers like that getting a coin needs to sing, dance and shake your hand to get upgrades. I know this from experience.
Pillar of the Community
oih82w8's Avatar
United States
7840 Posts
 Posted 04/14/2016  6:46 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I would try CAC first. If it meets CAC, I would send it to PCGS for reconsideration/regrade. If it comes back from CAC with a gold bean...then it's up to you. I only have one gold CAC coin and it's an AU58...and that is where she is staying. Keep us informed through this thread.
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paralyse's Avatar
United States
12057 Posts
 Posted 04/14/2016  10:14 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Billjones speaks the truth -- but if you can afford multiple submissions (there's enough price differential on this date/MM to cover quite a few submissions) you can usually hit a "soft" grader who grades it less conservatively, if you bounce it between PCGS/NGC a few times. I know several dealers / collectors who have submitted the same coin 10+ times to get a 1 point bump.

Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
Edited by paralyse
04/14/2016 10:14 pm
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