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 Replies: 7 / Views: 578 |
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Bedrock of the Community
United States
11898 Posts |
$52. Happy new year!!! 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 down 9% to $71 and a junk Peace dollar is worth $55.27 from $59.03. 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 143 coins in this queue for grading since I bought 138 and had 5 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
893 Posts |
A lot of chatter on this one. MS61.
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Bedrock of the Community
United States
74806 Posts |
I'll say MS-61 as well.
Errers and Varietys.
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Pillar of the Community
Australia
599 Posts |
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Pillar of the Community
United States
3663 Posts |
A Morgan with contact marks like this would make MS-62, but Peace dollars drop a grade with those contacts. I agree, MS-61. |
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Bedrock of the Community
United States
36844 Posts |
I'd go MS-62 on this one.
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Bedrock of the Community
 United States
18696 Posts |
way too much glare on this one NS especially the obv fields. I cant tell wat they actually look like. reeding hit obv. pretty good amount neck marks and above the head. the only possible grade is MS62. I dont think there is sufficient hits to downgrade it to a 61.
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Valued Member
United States
361 Posts |
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Replies: 7 / Views: 578 |
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Posted 01/01/2026 5:24 pm
