1964 peace dollar coin value?

It was my answer to his post , what does your 1st line add to it .

 

Log in or Sign up to hide this ad.

I would like to see PCGS certify these

 

Wouldn't that be a hoot if PCGS actually slabbed these??

 

Yes it would be a hoot!!!

One of the things PCGS is supposedly good at is “body bagging” altered or counterfeited coin(s) which is really all these overstrikes 64-D Peace dollars and 75 Eisenhower dollars that Mr. Carr has made are.

What would be really interesting to see is the U.S. Attorney’s Office in Colorado look into how the “Racketeering Statues” might apply to Mr. Carr’s work.

 

Oh come on. PCGS is a for profit company that grades and certifies coins and medals. I see no reason why they can't certify these as they are highly collectable medals. There are many collectors out there who enjoy these fantasy pieces/medals...why wouldn't PCGS want to make a buck off of them.

As for the “Racketeering Statues," I don't see how that would apply at all since there is been no attempt to deceive anyone with them.

 

Yes, PCGS is a for profit company and they will get paid whether they slab the device or “Body Bag” it for the altered or counterfeit thing that it is.

You mean to your knowledge, so far no one has been deceived? It is just a matter of time before some little old lady will be cheated out of some of her nest egg by someone trying to purport one of these so called 64-D Peace Dollars as the real thing. There are scam artist all over the place, our hobby is no exemption. Isn’t this what the Hobby Protection Act was to protect?

 

They also are paid to certify and grade many different kinds of collectible medals and tokens...which is exactly what this is. Plus, they wouldn't make any money if it was known they will body bag them...so that argument is pointless.

These coins are being sold as exactly what they are. We can't protect people from stupidity...if someone is unwilling to even do the most minimal amount of research prior to making a large purchase (which is what an "authentic" 1964-D would be)...then that is there problem. Little old lady or not.

Plus, the last time I checked...the Hobby Protection Act was designed to prevent copies of real coins from being sold as genuine (which is why they must say "copy" on them). The 1964-D is not a "real" coin as it was never released for circulation and none exist today.

 

Correct you are Caleb except that these "scam" artists don't give a squat on what they lie and deceive about since "thay" are in it for the money.

This particular coin might serve them well, as would any standard investment grade gold piece. Matter if fact, I see more potential in investment grade gold pieces than I ever would in a Fantasy Peace Dollar which, really, is the talk of the Internet.

I will not fall for this argument which gets presented over and over and over again as it is extremely weak and a perfect example of really, really reaching in order to make some obscure point simply because some folks do not agree with the production of this coin.

News Flash! Until Daniel Carr receives a cease and desist OR get arrested for this activity, all the thrashing in the world over the illegality of the poece is just meaningless drivel with no merit other than that of an armchair attorney.

Of course, with all due respect.

 

That is the most “LAME” argument you have made so far…. Once Mr. Carr copied the entire design of the Peace dollar, including the value “ONE DOLLAR” and phase “UNITED STATES OF AMERICA” onto his dies, the devices stopped being a collectible medal or token but an altered coin.

I realize that it may be difficult sometimes to protect people from their own stupidity, which is why, like most laws, the Hobby Protection Act was passed along with the racketeering statues so that matters could be redressed.

Again, your argument is “LAME”. Were Peace dollars produced by the United States Mint located in Denver during 1965 dated 1964-D? I believe the “Red Book” and “Blue Book” both had the mintage of the 1964-D Peace dollars listed within them for several years during the late 1960’s – 1980’s. Yes Congress was told in 1965 that all 64-D Peace dollars were destroyed, but we know that wasn’t true because a couple of them showed up in Washington D.C. in the late 1960’s or early 1970’s. How many more are out there, who knows? The fact is that they were manufactured by the US Mint in 1965.
Now if you look at this web page:
http://www.collectors.org/Library/Hobby_Protection_Act.asp

Section 304.1 (D)

People should think of what Mr. Carr’s creation is, his so-called 64-D Peace dollar when reading the second sentence. “Such term includes an original numismatic item which has been altered or modified in such a manner that it could reasonably purport to be an original numismatic item other than the one which was altered or modified.”

 

Weren't all the 1933 Double Eagles supposed to have been melted ? History has shown us that these "melted coins and others from the mints cabinet have resided in private collections for many decades . We'll see in another 100 years if any more show up , I bet a couple will .

 

Lee, That is why I said earlier:

 

I agree with "altered". But certainly not "counterfeit".

So you're saying that I'm engaging in "racketeering".
There is nothing to base such an accusation on.

 

It certainly is not up to you to decide for others what is "collectible" and what is not. Some altered coins are worth quite a bit, such as counter-stamped coins and carved "hobo" nickels.

When and were did the US Mint tell Congress that all the 1964 Peace Dollars were destroyed ? Cite the appropriate documents, press release, and/or testimony.

The US Government's final word on the subject was a 1973 bulletin in which the US Treasury Department stated for the record that the 1964 Peace Dollars were all destroyed and the coins "were never issued". Any supposed activity regarding coins showing up in Washington DC occured BEFORE that US Treasury bulletin.

Could a "1964-D" over-strike Peace Silver Dollar reasonably purport to be an original numismatic item other than what it stated out as ? No it does not.
A "1964-D" Peace Silver Dollar can not reasonaly purport to be an "original numismatic item" since none of the originals exist.

 

These tokens/medals/fantasy pieces (whatever you want to call them) are very highly collected and extremely popular. They are selling for big money on the secondary market. PCGS certifies pieces in this hobby...they don't exclusively certify coins. I see no reason for them to not certify these.

There is no evidence, none, that even a single original 1964-D Peace Dollar exists or even ever left the mint. You are correct, they were produced...but they were never released. Furthermore, IF one was to exist...it would be illegal to own. Therefore, the Hobby Protection Act would not apply since an original 1964-D Peace Dollar cannot be owned.

You can think my statements are "LAME" all you want...but at least they aren't wrong.

 

Treasury Secretary Fowler stated during the “Hearing before the Committee on Banking and Currency” when they were going over the “Coinage Act of 1965”, June 4, 7, and 8, 1965 when Director Eva Adams did not answer the Committee’s question fully.

Feel free to check the Congressional Records for those days. Why to you think the “Coinage Act of 1965” forbid the manufacturing of silver dollars for a five year period?

Well, YES. If the coin originally started out being a 1923 Peace dollar and after you mutilated it, it turned into purportedly a Peace dollar dated 1964-D.

 

Not wrong, I like the way you don’t let the truth get in your way. No evidence, NONE, that even a single original 1964-D Peace dollar exists or even ever left the mint? If none ever left the Mint, how did those couple of 64-D Peace dollars show up in Washington DC during the 70’s? But like I said, you don’t let the fact get in your way.

And yes, your statement is wrong…

 

Where is your proof of them showing up? I have never heard that story before nor can I find any evidence of it. Just because you say so...doesn't make it true. There isn't a single known example and there never has been. If you can provide proof otherwise, I will admit I am wrong.

 

No 1964-D Peace Dollars ever left the possession of the US Mint. The Washington DC coins were still in the possession of the US Mint for analysis at their headquarters.

The Washington DC coins were also destroyed prior to the US Treasury Department bulletin of May 1973.

 

What became of those?