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Tell Me Your Opinion On The 1964 Peace Dollar!

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Pillar of the Community
United States
772 Posts
 Posted 07/08/2006  09:00 am  Show Profile   Bookmark this reply Add jdheyne to your friends list Get a Link to this Reply

Quote:
Originally posted by Bryan1315
I have no idea how you would sell it or why anyone who had one would even want to,


If I were to buy a lot, not knowing a 64 Peace was in there, it would definitely cross my mind selling it. You would figure $5 million minimum.
I would figure you would sell it of all people with your great love for the Peace dollar
Now I know this no normal Peace dollar, and if someone were to sell one, they will probably never see another one in there life. At least until the govt adds the 64 or later to there list of coins that are protected for the owner. That has been a couple months ago but I heard (probably on here) that the govt really doesn't care about 1932 or earlier coins, but the 33 St Gauden's and 64 Peace are not safe.


Quote:
Originally posted by Bryan1315
but I asked the question on what PCGS would do if one was sent to them on PCGS's forums and was told that they would definitely slab the coin and send it to the person who sent it into them and not inform the Gov't but I don't know how true that is

Wow... I would not have expected that.
I would be very nervous to send that in. I would probably have to drive it there to have it graded, and hire a brinks truck, no matter what the price would be, to return it to a bank vault or something.
Because that is not a coin that you could really enjoy too easily. If word gets out you've got one, your life possibly could be in danger. People have killed for a lot, lot less.

So I would probably sell the coin, buy some land, put up a house, buy anything I ever wanted, and buy pretty much whatever coins I would want.
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crystalk64's Avatar
3147 Posts
 Posted 07/08/2006  10:10 am  Show Profile   Bookmark this reply Add crystalk64 to your friends list Get a Link to this Reply
I am pretty sure there are 1964 Peace dollars "hoards" in the hills of Wyoming!!! This guy has everything except the Sackie mules and I am not real sure he doesn't have the last 3 of them? Until laws are passed that would protect individuls who have obtained coins that are defined as "illegal" for one reason or another a guy/gal would be foolish to even admit they are holding them. Personally I think the 1913 Liberty (V) nickels should have been confiscated years ago as they are the most fraudulant coin ever created but I guess it is okay as long as a mint MANAGER or DIRECTOR is involved in the illegal activities? If normal mint employees had made those coins they would still be in jail!!!
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