| Author |
 Replies: 19 / Views: 2,799 |
|
Bedrock of the Community
United States
12057 Posts |
Anyone want to take a shot at how this one will turn out based on these seller photos? Not like I need another one of these, but they are useful for trading when silver is up. There are probably hundreds of thousands of 1923 Peace dollars still around. I paid $6.75 above melt, comes with a free old beat-up cardboard flip with rusty staples...   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 |
|
|
|
Pillar of the Community
7234 Posts |
The coin has MS62 qualities but soak in acetone first to get rid of the bull crap? What say you?
|
|
Bedrock of the Community
 United States
12057 Posts |
It'll get a quick acetone once I have it. Almost all of my silver does, just to remove contaminants (oil, dirt, fingerprints) unless the toning is attractive and not worth risk.
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 |
|
Pillar of the Community
United States
7375 Posts |
A little dirty, but not seeing any wear. MS63
|
|
Bedrock of the Community
United States
11898 Posts |
ms64 with unattractive splotchy toning
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 |
|
Rest in Peace
10197 Posts |
Don't like that rim on reverse, pretty beat up. with all the gluck on it and typical weak reverse, BS62 (Bad stain, bad stuff, bad ****, whatever S you attach...)
|
|
Pillar of the Community
United States
2125 Posts |
MS-62 Not a fan of the stains. Nice for a type coin.
|
|
Rest in Peace
United States
17900 Posts |
You paid exactly what it is worth. MS 62, 63 if the gunk isn't hiding something.
Certainly due for a few laps around the acetone pool.
|
|
Bedrock of the Community
United States
36844 Posts |
|
|
Pillar of the Community
 United States
5029 Posts |
It's a Peace dollar - you can't go wrong there :) Be nice to see once you give it a once over in the acetone. I'll go MS63. |
|
Bedrock of the Community
United States
94367 Posts |
I guess 63 is OK but it lacks curb appeal.
|
|
Bedrock of the Community
United States
12057 Posts |
My LCS buys raw AU-Unc Morgans & Peace common dates @ 25-30 each so if I stack 20 of them @ less than 20 each I make about $100 per roll at least. Not a lot, but it helps. They then turn around and sell the Uncs for $40-$60 each. (!!)
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 |
|
Bedrock of the Community
Canada
11922 Posts |
|
|
Pillar of the Community
7234 Posts |
Quote:
They then turn around and sell the Uncs for $40-$60 each. Or do they ASK 40-60$ - I was at the LCS I go to and he had people in there selling walkers and Franklins - he was buying them (Good collectibles, not Cuds) for $5 dollars a piece. Wanted to tell the people I'd pay $7 but he would have thrown me out! |
|
Bedrock of the Community
United States
12057 Posts |
Well, considering I went there a month ago and he had about 40 of them in 2x2's in a box on the front counter, and when I went back 2 weeks ago he had only 8 of them left, I'd reckon they sell pretty decent. I bought a couple of "Uncirculated" 83-O's out of a walk-in purchase for $35 each, and got exactly what I paid for, MS62-MS63. The owner buys a LOT of estates and walk-ins and is pretty honest. Last visit he had to burst some poor guy's bubble who came in wanting to sell a mini-hoard of 2,600 copper Lincoln Memorial Cents. The guy had read somewhere that they were worth more than one cent (true) and that when he had "at least 2000" he could get them melted at a gold/silver shop and make some money (not true.) Poor guy had been saving them up for 6 years. He will also hold coins for customers who are working on sets -- a gentleman came in and picked up a nice PCGS VG10 1916-D Mercury dime while I was there, it was the last one he needed to finish his set -- I was not going to be rude and ask the price, but it was a decent few $100 bills going across the counter. Currently, he has a nice PCGS VF35 1809 Bust Half I'm lusting after, super original and a bit crusty, and I'm going to keep working him on the price. I am not a big bullion collector but I buy a couple silver rounds from him when I visit, just to make nice. On the other hand, a couple of months ago, a guy was going through the junk/cull Morgan box. He commented that the coins looked really dirty. The owner advised him that since the coins were only worth silver content, it was okay to clean them to get all the dirt off!! ...that's the same box that has yielded two 1878 8/7TF's, a long nock 78S, and an 1899 Micro O for me so far! 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 |
|
Pillar of the Community
7234 Posts |
Quote:
Well, considering I went there a month ago and he had about 40 of them in 2x2's in a box on the front counter, and when I went back 2 weeks ago he had only 8 of them left, That may be but I also know that's a selling ploy by dealers - show how many have (NOT) sold. Was that incentive enough for a knowledgeable collector like you to by one? Of course not, but to an uninformed person, Hmmmm! I never believe: Insurance salesmen, Car dealers, Coin shop owners, and actually pretty much anybody trying to sell something to make a living off of uninformed people! Oh no, just offended more salesmen - OH well! Edited by Mark1959
11/27/2017 10:50 pm
|
| |
Replies: 19 / Views: 2,799 |
Posted 11/26/2017 11:11 pm
