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Putting Together A Slabbed Peace Dollar Collection - Best TPG Firm?

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Valued Member

United States
314 Posts
 Posted 10/29/2017  11:49 am Show Profile   Bookmark this topic Add einstem to your friends list Get a Link to this Message Number of Subscribers
All,

I have decided to start to put together a Peace dollar collection.

For this collection, I have decided to go with only "Slabbed" coins and use a nice Eagle Slabbed Holder Coin Album.

According to the PCGS site, I can put together a full Peace dollar set in AU53 grade for around $2K, which should be a nice project to work against and I can probably complete over several years at my monthly 'coin allowance' amount while continuing to work towards completing my Roosevelt dime, Jefferson nickel and Franklin half Collections.


Are there any pros/cons of the big TPG firms (PCGS, NGC, ANACS) for Slabbed Peace dollars ?

Any specific things I should look for in putting together a Peace dollar set? I hope that by keeping to Slabbed coins, I will avoid "fakes" and "cleaned" coins, which seem pretty prevalent.

I am looking for nice looking coins with good eye appeal. In AU53, I know I am not getting "blast white" coins (and from what I have read, many "blast white" Peace dollars would probably be the result of "cleaning" which I am trying to avoid). But I should get a nice set at this level with pretty good detail, nice eye appeal, and only a few coins that are pretty pricey (1921, 1928 and 1934S.. ouch.. that one will hurt!).


Thanks.

Michael
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 10/29/2017  1:07 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
For $2k I would expect to complete that set in at worst high AU slabs, aside 1921, 1928 and 1934-S which would likely have to be at that AU53 goal. Many of those issues ought to be found under $100 even in Mint State if you're diligent, sufficient to reach well over $100 for the others mentioned.

As a generality, understanding you'll be buying the coin, not the slab (right? ), you will likely often benefit from the perception of NGC (or even ANACS) as less valuable in the market than PCGS. This difference is not so pronounced with Peace dollars as other issues, but it's still common enough to be an advantage to you if your eyes are sharp.
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paxbrit's Avatar
United States
992 Posts
 Posted 10/29/2017  2:58 pm  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
Buy the coins, not the slabs. When you've completed your collection, consider having it re-slabbed if you want all the coins to share the same TPG information and labeling, you can save some money when purchasing some coins that are in NGC or some other holders.
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 10/29/2017  7:24 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
If given a choice I'd usually prefer NGC. But nearly 40% of my TPG collection is PCGS. Simply because the coin is what I care about.

I would first suggest that you need not specify your grade range so explicitly. Look for the cliff price for each date that will be considered. The cliff is where there is a huge jump in price from one grade to the next.

If you want to stay under $300 per coin, as example, and the coin in question is $100 in 50, $125 in 53, $150 in 55, and $350 in 58, then the 55 grade is at the base of the cliff.

Prices coincide with availability, but searching for beautiful Peace is really a chore of patience. Most Peace, if they have tone, have ugly tone. Putting together a mixed bag of nice tone and white is hard. It's actually easier to stay with white across the board.

To know real prices for either NGC or PCGS, use Heritage sold as your best example. Compare grades, look, and TPG for each date so you have your prices in hand. Missing a good buy because of uncertainty in price is best avoided.
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