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Does This Peace Dollar Look AU 58 To You?

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ACWhammy's Avatar
United States
119 Posts
 Posted 05/18/2019  12:15 am Show Profile   Bookmark this topic Add ACWhammy to your friends list Get a Link to this Message Number of Subscribers
My wife bought me this online as a Christmas gift last year. I thought it was a really nice coin but didn't think it was an AU-58, but it's slabbed and graded so who cares, right?

Well I just looked online at a bunch of other graded AU-58's and they look better than mine, especially the detail in the hair. The hair on mine looks a lot more worn. What do you think? Do you all have any insight on slabbed and graded coins? This is my first slabbed coin.

Also, how would I know if a slab has been tampered with?

I apologize as these are the best pictures I could get considering the coin is slabbed. I'm using the USB plugable and it takes great pictures up close but not against a reflective surface, so I added one picture I took with my phone.

Does-This-Peace-Dollar-Look-AU-58-To-You?
Does-This-Peace-Dollar-Look-AU-58-To-You?
Does-This-Peace-Dollar-Look-AU-58-To-You?

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westernsky's Avatar
United States
7616 Posts
 Posted 05/18/2019  01:28 am  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
Evidently the grading company thought it was an AU58 on the day it was graded. Grading is a professional opinion rendered by team of experienced professionals (or something close to that). It is not an exact science.

As far as tampering goes look closely for cracks in the plastic slab around the edges and along the seams. It is hard to break into these things without leaving some tell-tell signs.

My wife gave me a a couple of shirts and some Levi's for Christmas. Would've much rather had a coin! You are lucky!

Valued Member
United States
160 Posts
 Posted 05/18/2019  01:35 am  Show Profile   Bookmark this reply Add Sasquatch to your friends list Get a Link to this Reply
I would have graded it at 53 or 55 on the obverse, but I am conservative.
As far as the slab being tampered with, is it cracked?
You can also go to NGC's website "https://www.NGCcoin.com/" and enter the serial # to verify the slab.
Go under "Resources" then "Verify NGC Certification".
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kanga's Avatar
United States
5825 Posts
 Posted 05/18/2019  10:18 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
Unless you can detect tampering I'd consider the grade to be a gift.
Remember the 1921 Peace dollars were high relief.
That means two things to me:
-- they could easily be understruck
-- grades for them operate by slightly different rules.
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panzaldi's Avatar
United States
18649 Posts
 Posted 05/18/2019  10:25 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
I think its AU55 or 58. I would go with NGC's grade on this one. as Kanga stated this was a high relief strike and know for weakness in the strike so what looks like wear on the highest device can be associated with that.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 05/18/2019  10:40 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Lightly struck on the hair over Lib's ear.
That is the highest design detail point on the coin.
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ACWhammy's Avatar
United States
119 Posts
 Posted 05/18/2019  6:19 pm  Show Profile   Bookmark this reply Add ACWhammy to your friends list Get a Link to this Reply
Great answers, guys! And yeah the coin is better than a pair of Levi's :D


Quote:

As far as tampering goes look closely for cracks in the plastic slab around the edges and along the seams. It is hard to break into these things without leaving some tell-tell signs.



Quote:
As far as the slab being tampered with, is it cracked?


The slab is not cracked, but there is a slight indentation on one side of the reeded edge of the slab. I checked the serial number on the website and it is legit.


Quote:
Remember the 1921 Peace dollars were high relief.
That means two things to me:
-- they could easily be understruck
-- grades for them operate by slightly different rules.


Ok, this makes the most sense. Thanks for the input, all. It seems the consensus is that this is a nice coin worth the value regardless!

AC
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farrider11's Avatar
United States
614 Posts
 Posted 05/18/2019  7:08 pm  Show Profile   Bookmark this reply Add farrider11 to your friends list Get a Link to this Reply
Everyone always forgets the cardinal rule of ALL buying and selling.

"Something is only worth what someone is willing to pay for it"

If your happy with it, thats all that matters.
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 05/19/2019  10:16 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
A lack of hair detail is not necessarily a sign of wear on this issue. As others have said, 1921 Peace dollars are notorious for being weakly struck.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 05/20/2019  1:14 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I'd lean more toward AU-55.
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