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Replies: 16 / Views: 2,269 |
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Pillar of the Community
United States
3162 Posts |
My 1928-P Key Date Peace dollar. I'd appreciate thoughts on a grade and whether it should go to a TPG. Thanks in advance!   Edited by srs77 10/18/2017 11:15 pm
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Pillar of the Community
United States
3479 Posts |
These things give me a headache trying to grade them with the strike issues. This is a pleasing example and I'd say 58. I don't think it's an ms coin. Whether or not is worth it to send in for grading depends on what you paid for it. And how soon you want to unload it.
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Rest in Peace
10197 Posts |
Take it this is YOUR key date, meaning for your set. a good example of a lightly circulated coin. Does look like it has had a cleaning tho, while ago? to re-tarnish. I would be afraid a TPG may not overlook that and Detail it and that would then really stink for the future of the coin in a dead man's coffin.
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Pillar of the Community
 United States
5672 Posts |
Nice strike, but definitely some wear on the lower neck, hair, etc. I'd say a strong AU-55, and I don't see any signs of cleaning. Very attractive coin, but I'm not sure I would spend the money to send it in.
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Pillar of the Community
United States
992 Posts |
It's a nice coin, no doubt. I give it an AU 55, the strands over the forehead on the face are worn together and the reverse shows a smooth shoulder on the eagle. It's definitely seen some wear, and there are bag marks on both sides, not bad, but they are present.
If it's been cleaned, that's another matter that will turn up in the grading. I would look at the population census for this coin in the AU 50-55 ranges and see how many of these are out there, then decide if slabbing it is worth the expense.
It's not going to come back Mint State, not going to happen. Possible cleaning is another risk, and the big one, to me. Some coins should stay in raw state for best return, this may be one of them. It's a nice coin for the average collector, if you want to market it to the MS slab buyers someday, you'll need a better coin, one that doesn't say 'possible old cleaning' on the face.
That's my take on it. I'd buy this coin, but as a raw AU only. If I'm going to pay the premium for a slabbed key, I'm going to pay more and get Mint State 63 as a minimum. Buy the coin, not the slab.
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Bedrock of the Community
United States
11891 Posts |
 nice coin!
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Rest in Peace
United States
17900 Posts |
55 and I see no indication of dipping or cleaning. Exceptional photos makes it easy to see. You have to decide your minimum value for TPG submission, and which TPG. But since you asked - no I wouldn't slab this one. It's a good raw seller as is.
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Pillar of the Community
United States
8137 Posts |
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Rest in Peace
United States
10625 Posts |
I like AU-55 for it as well. If it were mine it would go into my Dansco album. The only reason I have slabbed coins at this point is because they were purchased that way, buying the coin not the plastic. 
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Bedrock of the Community
United States
36746 Posts |
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Pillar of the Community
 United States
3162 Posts |
Thanks everyone, I really appreciate the information and assistance!
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Bedrock of the Community
United States
94367 Posts |
AU-55, maybe even 58. You could always submit it and crack it out if you didn't like the call.
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Bedrock of the Community
Canada
11922 Posts |
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Pillar of the Community
United States
2125 Posts |
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Moderator
 United States
23522 Posts |
I don't mean to seem pessimistic but I see AU50 as the ceiling for what looks like a very well-struck example. Very little letter flattening at the rim, strong hair detail, PEACE is fully-struck. This one was pretty well hammered, and shows a fair amount of honest wear. Yes, slab it. It's a 1928. 
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Bedrock of the Community
United States
94367 Posts |
Well-struck for sure! But surely better than 50!
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Replies: 16 / Views: 2,269 |