$52. Recently I purchased 138
Peace dollars for a record breaking high nominal silver price of $52 (at the time). We will see if I bought them at the peak and whether I get burned if silver pulls back again as it has often in the past. I bought these on 12/18/25 last week when silver was about $67.20. When the Hunt Brothers tried to corner the silver market in January of 1980, silver hit a peak of $50.35. The current nominal price of silver has surpassed the Hunt Brothers peak, but if you were to adjust that price in early 1980 of $50.35, back then that sum had purchasing power equivalent to about $209 dollars today, so in inflation-adjusted real terms, we are still far away from the 1980 peak of silver 45 years ago. Today, as I write this, silver has floated up to $71.92 and a junk
Peace dollar is worth $55.68 at melt a week after I purchased this group six days ago.
As you may know, I bought some Morgans a few weeks back and started posting 1 a day (when I can) to get more familiar with the nuances of grading that series. Since my initial purchase of 35 coins a few weeks back I have purchased about 100 more Morgans so that pace of posting Morgans each day for grading should continue well into 2026. But now I decided to post one
Peace dollar for grading each day alongside my daily
Morgan dollar with the hope that we all are able to help one another get better at grading Morgan and
Peace dollars in the new year. Merry Christmas to all of you and well wishes if you observe another holiday during this season.
Right now I think I have 142 coins in this queue for grading since I bought 138 and had 4 more lying around. I purchased these as Uncs and look forward to my flogging in the grading forum for letting sliders and outright, obviously circulated coins into the pile. Take it easy on me a little. I have always been a terrible grader and they haven't found a cure for my ailment yet.
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
Posted 12/25/2025 11:19 am
