Grade of this 1925 Peace Dollar?

Discussion in 'US Coins Forum' started by Dougmeister, Jan 22, 2014.

  1. Dougmeister

    Dougmeister Well-Known Member

    Bought it today. Dealer was making it seem like a good deal. Was it? (I'll post his given grade and my cost after I get some feedback.)

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  3. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    I am sure the dealer said it was MS. It looks like an AU details coin to me--wear on the obverse, and lots of scratches that are not contact marks with other coins in storage. Looks cleaned.
     
  4. rzage

    rzage What Goes Around Comes Around .

    I'll have to agree with MD as there is wear more easily seen on the eagle . Though the quality of the pictures is only good enough , at least for me , for a rough estimate . Though I'm not sure it would be detailed so I say AU-53 . IMHO
     
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  5. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    Look at the scratches (circular hairlines above the eagle on the reverse)--I see cleaning swirls).
     
  6. Dougmeister

    Dougmeister Well-Known Member

    Thanks guys.

    So it's not an MS-60 (you were right, MD), and *definitely* not MS-63, and not worth $40, right?
     
  7. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    If cleaned, it is worth melt.
     
  8. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    Nope!! What did I say about buying slabbed coins, if you're not that familiar with coins in general, and grading?
     
  9. Dougmeister

    Dougmeister Well-Known Member

    I took it back. He swears that it is not cleaned. The other owner, too.

    I prefer buying in-person and with cash and thought I could trust these guys now I don't know if they are dishonest or not very knowledgeable
     
  10. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    $(KGrHqNHJCEFIui-9pqIBSOyv(B8IQ~~60_57.jpg $T2eC16F,!)UFIcTbtqIiBSOyvjtN1!~~60_57.jpg
    What did we say about reputable dealers? You may pay more, but you will get a coin that has some value, as any esteemed dealer stands behind his/her merchandise. Raw coin buying for a newbie is risky--said that over and over again.

    This one was on Ebay for $85. I'd rather get one nice coin that is authenticated for $80 than two dubious ones for $40 each:
     
  11. GDJMSP

    GDJMSP Numismatist Moderator

    I'd go along with the AU, but I don't see that it's been harshly cleaned. I think what you're seeing are the remains of fingerprints.
     
  12. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    I don't think harshly, Doug, but I do see swirls. There are also some shadows along the eagle that look like polish accumulation, unless I am seeing things.
     
  13. Dougmeister

    Dougmeister Well-Known Member

    My problem (or better yet, one of my many), is that I want to trust people. Especially in person.

    I am slowly resigning myself to the fact that I may need to buy online, or buy slabbed, or both.
     
  14. jmon

    jmon Numismatist In Training


    To quote Regan's popular phrase - Trust, but verify.
     
  15. Dougmeister

    Dougmeister Well-Known Member

    Good quote! That's why I posted here. ;-)
     
  16. jmon

    jmon Numismatist In Training

    Not to be mean, but, this is incorrect. You can buy over graded slabbed coin's on line and in person. You have to learn to grade coin's if you want to get a 'fair market' price. Further, by learning to accurately grade, you can spot the coin's others have under graded and generally under priced.
     
  17. Dougmeister

    Dougmeister Well-Known Member

    I am compiling a list of "trustworthy" online dealers from my trade dollar hijinx. I was hoping that I could trust them while I learn how to grade.

    I could trust heritage and davidlawrence, right?
     
  18. rzage

    rzage What Goes Around Comes Around .

    I'd say yes , also Harlan Berks comes to mind .
     
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  19. jmon

    jmon Numismatist In Training

    I trust anyone who has not given reason to lose that trust. That said, I trust myself above all else. So, regardless of the seller, I do research. And, frankly, it's quite easy anymore. Take a coin you are interested in and start searching HA, eBay, etc.. You can find many graded coin images and look for pattern's if nothing else. Try counting the number of 'bag mark's" you can find on that MS63, look at a AU58 and find where you think you see wear, etc.
     
  20. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    I would agree that David Lawrence, Berks, Heritage, and a few other large houses are in the top trustworthy category. I can also give links in a PM to folks of some other sellers who have been fantastic, and from whom I have bought for years.

    Here are some of the PCGS authorized dealers from their website. Many of them are very good:
    http://www.pcgs.com/dealers/

    Please feel free to PM me for specifics.

    Here is NGCs list. Some of them are very good. PM me if you want specifics, as I don't wish to violate the rules of the forum in commercial endorsements.

    http://www.ngccoin.com/services/dealer-listing.aspx
     
  21. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    There are a number of "Mom and Pop" brick and mortar (they also sell on Ebay and don't doctor their photos) that I could recommend. If you give me dealers in your area, I can say if I have done business with them and how they are. Several are so good that I'd recommend them with the "big boys" that have been mentioned.
     
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