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Replies: 7 / Views: 342 |
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Bedrock of the Community
United States
11892 Posts |
$52. Recently, I purchased 138 Peace dollars for $52 each. 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. 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.    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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Bedrock of the Community
United States
74279 Posts |
I'l say MS-61.
Errers and Varietys.
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Pillar of the Community
 United States
2172 Posts |
I'm going to agree with E&V, and say MS-61.. . . . But, MS-60 is lurking nearby...
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Bedrock of the Community
United States
36746 Posts |
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Pillar of the Community
United States
3649 Posts |
Yep, a lot of little nicks, MS-61. Not bad for the grade, though. This looks like one of the rusted/pitted reverse die 1922 VAMs.
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Bedrock of the Community
 United States
11892 Posts |
Hard to believe that with silver at almost $89/oz, Peace and Morgan dollars melt at almost $69 each. 
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
Edited by numismatic student 01/13/2026 12:23 pm
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Moderator
 United States
188725 Posts |
No more cheap silver dollars. 
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Bedrock of the Community
 United States
18670 Posts |
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Replies: 7 / Views: 342 |
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