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1928-P Peace Dollar - Should I Have TPG Graded For Best Price?

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New Member

United States
27 Posts
 Posted 04/07/2019  7:10 pm Show Profile   Bookmark this topic Add cranberry to your friends list Get a Link to this Message Number of Subscribers
I'm selling my husband's coin collection and need help deciding if this one is worth the expense of getting graded and slabbed. It has scratches, but still great looking. Any help appreciated. thanks
1928-P-Peace-Dollar---Should-I-Have-TPG-Graded-For-Best-Price?
1928-P-Peace-Dollar---Should-I-Have-TPG-Graded-For-Best-Price?
1928-P-Peace-Dollar---Should-I-Have-TPG-Graded-For-Best-Price?
1928-P-Peace-Dollar---Should-I-Have-TPG-Graded-For-Best-Price?
Edited by cranberry
04/07/2019 7:22 pm
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Onedollarbillnut's Avatar
United States
745 Posts
 Posted 04/07/2019  7:44 pm  Show Profile   Bookmark this reply Add Onedollarbillnut to your friends list Get a Link to this Reply
Definitely worth getting slabbed, especially to make sure it's real.
This is the lowest mintage issue of the Peace dollars and is often counterfeited.

Also it will make it easier to sell.
Tim Hughes
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numismatic student's Avatar
United States
11886 Posts
 Posted 04/07/2019  7:49 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
This is a beautiful very choice uncirculated key date 1928 Peace dollar. I would grade it MS64 without the damage. Unfortunately the circular scratches in the obverse damage the coin and reduce the value to about $300. Without the damage it would be a $600-700 coin.
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SilverDollar2017's Avatar
United States
8715 Posts
 Posted 04/08/2019  11:58 am  Show Profile   Bookmark this reply Add SilverDollar2017 to your friends list Get a Link to this Reply
MS-61
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bandsdean's Avatar
United States
2125 Posts
 Posted 04/08/2019  7:49 pm  Show Profile   Bookmark this reply Add bandsdean to your friends list Get a Link to this Reply
Yeah MS-61 or 62.
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jimbucks's Avatar
United States
4692 Posts
 Posted 04/08/2019  7:55 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
That obverse damage will probably not allow it to straight grade. Too bad. Not sure if it worth grading.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 04/08/2019  8:00 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I think it straight grades at 62, and 63 would not surprise me.
Edited by Coinfrog
04/08/2019 8:02 pm
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kanga's Avatar
United States
5825 Posts
 Posted 04/08/2019  8:48 pm  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply

Quote:
That obverse damage will probably not allow it to straight grade. Too bad. Not sure if it worth grading.

Yep, the damage above Liberty's forehead is going to earn that coin a DETAILS label.
I still think you can get $200-300 for it if slabbed.
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jimbucks's Avatar
United States
4692 Posts
 Posted 04/08/2019  8:48 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
Mr. Frog is generous. Compare to mine.

1928-P-Peace-Dollar---Should-I-Have-TPG-Graded-For-Best-Price?
1928-P-Peace-Dollar---Should-I-Have-TPG-Graded-For-Best-Price?
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acloco's Avatar
United States
3540 Posts
 Posted 04/08/2019  11:42 pm  Show Profile   Bookmark this reply Add acloco to your friends list Get a Link to this Reply
cranberry - your dilemma has been and will be experienced by every collector at multiple times throughout their collecting career.


The mark in the obverse field, more than likely occurred when this Peace dollar was bagged at the Philly mint.


In check the professional online price guide, a graded MS61 is valued at $500. MS64 at 850.


If this was my dilemma, I don't believe I would spend the $75 to $100 to grade at NGC or PCGS. I WOULD spend the $$ to grade with ANACS though.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 04/09/2019  08:30 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
So OK, the only job PCGS offered me was in the cafeteria.
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panzaldi's Avatar
United States
18664 Posts
 Posted 04/09/2019  10:35 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
MS63, I agree that the scratch may cause a details designation reducing the value quite a bit. if I was selling it I would be inclined to either grade it via ANACS or sell it raw to get the most return
New Member
United States
27 Posts
 Posted 05/13/2019  4:05 pm  Show Profile   Bookmark this reply Add cranberry to your friends list Get a Link to this Reply
Thanks for all your help... I sent it out to PCGS along with 7 other coins, since I purchased their Premier membership. This coin 1928-P Peace dollar was graded at MS63. so Coinfrog and Panzaldi were correct. I don't have it back yet as it is being shipped back to me, however I was able to check what they graded it... so I am very happy. If you like I can post a photo in about a week when I receive it..
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westernsky's Avatar
United States
7618 Posts
 Posted 05/13/2019  4:08 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
Nice result! I hope your other coins met your grading expectations!
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westcoin's Avatar
United States
9792 Posts
 Posted 05/13/2019  4:37 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Jimbucks your 1928 sure looks nice! I would've thought worthy of a gold bean.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

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52Raymo's Avatar
United States
8516 Posts
 Posted 05/13/2019  6:21 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Yes, Jimbucks 28 is a killer. Dang nice coin.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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