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Replies: 19 / Views: 2,054 |
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Valued Member
United States
282 Posts |
You guys have been so spot on that I couldn't resist posting this one. I hope it is interesting to you. From the little that I know, and comparing to Photograde, this coin does not look as good as NGC says it is. The reverse perhaps but the obverse looks a grade or two lower. To me it looks so much worse that I'm considering sending it in for their guarantee. I'll let you give your best shot and then will tell NGC's grade.  
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Pillar of the Community
United States
6370 Posts |
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Valued Member
 United States
282 Posts |
A better pic of the obverse. 
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Valued Member
 United States
282 Posts |
My reasoning was that there is so much detail missing on the hair - which stands out smack in the middle of the coin and ruins the view that I can't imagine an MS grade on this. Or can we just ignore that small part and grade the rest?
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Pillar of the Community
United States
7621 Posts |
64. The hair detail was a problem from the get go when these were struck.
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Bedrock of the Community
Canada
11922 Posts |
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Valued Member
 United States
282 Posts |
Thanks, I feel much better now. Looking at photograde pics and comparing it to a PCGS AU55 and an NGC AU58 that I own I was certain that this was an AU58 at the most due to the wear in that spot on the hair. But the NGC grade on the slab is MS63, which is right in line with what the obviously brilliant  posters here think. Thanks!
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Pillar of the Community
United States
6370 Posts |
The weakness in the hair comes from the high-relief style of these coins. As the incuse designs in the dies (raised areas of the devices) were so deep, the mint had trouble with getting the metal to flow all of the way into the dies under normal striking pressure. This lack of metal flow into the intricate low parts of the die (high parts of the design) caused the lack of detail you see here. They could have used greater pressure, but at the risk of damaging the dies and giving them a shorter life span.
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Pillar of the Community
Canada
4911 Posts |
syeb, 1921 was a strange year for Peace dollars because they were struck in a high relief which caused a lack of detail in the hair area.
Feel free to call me Will.
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Valued Member
 United States
282 Posts |
The high relief gives it such character though. I can just imagine what a high relief Morgan would look like. If they can even put that level of detail in a high relief format.
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Moderator
 United States
56855 Posts |
Well syeb,if you don't like it my birthday comes once a year  John1 
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Pillar of the Community
United States
3210 Posts |
1921 Peace dollars due to high relief striking usually show weakness in the hair near the eye and sometimes a weak strike on the Eagles breast feathers on the reverse.....it is very rare to have a superbly struck 1921 Peace dollar on both sides, and they sell for crazy high money simply because there are not many. I think you have a nice 21 Peace dollar and I personally wouldn't crack it out I think NGC got it right with a 63 possibly a 64.
Edited by Imthealphaomega 04/20/2016 06:33 am
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Valued Member
146 Posts |
Highest it can grade due to strike is 64.
Nice looking coin, My 63 but if the luster/eye appeal of the actual coin overrules the minor hairlines and hits on the cheek = 64.
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Valued Member
 United States
282 Posts |
Is there a point of resubmitting it to NGC for a regrade? Not cracking it out of course, just submitting for regrade. There is a considerable price difference between 63 and 64.
Edited by syeb 04/20/2016 10:30 am
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Valued Member
United States
119 Posts |
That is a beautiful coin. I'm not sure I would challenge that one.
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Valued Member
 United States
282 Posts |
I believe they only crack it out if they will upgrade it. So there is no risk, only a $30 or so investment for a potential $200+ return. I don't plan on selling it but I gotta think of my future grandchildren! 
Edited by syeb 04/20/2016 10:36 am
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Replies: 19 / Views: 2,054 |