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 Replies: 6 / Views: 583 |
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Bedrock of the Community
United States
11898 Posts |
$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 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 $79.20 and a junk Peace dollar is worth $61.28. Posting 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. 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 |
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Pillar of the Community
 United States
2207 Posts |
Quote:
I purchased these as Uncs This Peace dollar of yours has me looking at it closely. I don't know if it's the photo, but the hair reminds me of a 1921 High Relief Peace dollar. . . . I would give this an AU58, let's see what the other have to say, still a very nice Peace dollar!  Edited by CoinForMe
12/28/2025 12:35 pm
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Bedrock of the Community
United States
74770 Posts |
Not good at grading these, but I'll say AU-58 or MS-63.
Errers and Varietys.
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Bedrock of the Community
United States
36841 Posts |
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Bedrock of the Community
 United States
18689 Posts |
i dont think this one is UNC. the fields have too much rub. missing luster. eye appeal below average. pretty good rub on the field to the left of the eagles back and a myriad of hairlines and hits.
AU55 or MS62 - I'm leaning AU55
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Pillar of the Community
United States
3663 Posts |
AU-58 slider, but nice for the grade. My hunch is that this coin has (or will have) nice toning.
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Valued Member
United States
361 Posts |
I agree with you guys. Is it wear or a weak die. The high point of the cheek and the hair would show signs of wear and the right wing and leg would show signs of wear. That's where you look first. Move it back and forth under light and you should be able to make that decision better to break the tie. AU or MS...yup.
But is a die clash (spike shoulder), so that's cool.
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Replies: 6 / Views: 583 |
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Posted 12/28/2025 2:05 pm
