1964 peace dollar coin value?

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

 

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But an original "1964-D" Peace Dollar is illegal to own (if any actually existed in the first place). Anybody looking to spend a lot of money for one is going to know that an original is illegal to own.

A carved "Hobo" nickel could purport to be a rare US pattern coin.

You do realize that these types of discussions increase the notoriety and awareness of the "1964-D" Peace Silver Dollar over-strikes, right ?

Four years after making them, I still get people asking me all the time if I have any for sale (I do not).

 

The 1964-D Peace dollars were minted at the Denver facility. I don’t care if they were shipped to the moon, did any leave the Denver facility? The answer is, Yes! You can try to qualify it any way you want but bottom line, some 1964-D Peace dollars left the Denver Mint facility.

What does this US Treasury Department bulletin of May 1973 have to do with anything?

In June 1965 the Treasury and Mint is on record stating that by weight, all 1964-D Peace dollars were accounted for and melted according to mint procedures. If they were all accounted for and destroyed prior to hte testimony in June 1965 how were the ones found in Washington still in existence? Either the weight was off or some coins were replaced with other dates to make up for the difference.

 

OK, so apparently...a few did leave the mint in the possession of the government. I will admit, I was wrong. However, based on my understanding...none ever left government possession. If one did, it would be highly illegal to possess. So, the Hobby Protection Act would not apply to this coin anyway...since there is no hobby to be protected. The coin cannot be owned (if one even exists).

Personally, I don't believe any exist.

However, what difference does it make. This is what makes the hobby great. We can all enjoy our own niche of it. If someone wants to own the closet thing to a real 1964-D Peace Dollar, then let them. No one is really getting hurt here.

 

Wasn't it illegal to own any 1933 Double Eagle . Which were all supposed to be destroyed . Not only did one reside in King Farouks collection , but several more turned up in the last few years . The Farouk coin is now legal .

 

My apology , the '33 St. Gaudens , could have been payed out by the Treasurer , so thus they were never all destroyed . Though they were supposed to be illegal to own . Per Wikipedia .

 

Several have turned up...and they have all been confiscated. I know the Farouk coin has been deemed legal to own through a rather interesting story.

 

My understanding is they were stolen. Since the coins were struck after the executive order demonetizing gold coins, they were never legal tender and thus could not be bought. This is why when the Farouk coin was sold at auction, the cost was the bid, plus buyers fee plus an additional $20 to monetize the coin.

Therefore, none were legal to own.

 

I think the government and the person selling the Farouk coin came to an agreement to split the winning bid of around $7,000,000+ . Either way I should have confirmed my assumption 1st .

Per Wikipedia .
The 1933 double eagle is a United States 20-dollar gold coin. Although 445,500 specimens of this Saint-Gaudens double eagle were minted in 1933 none were ever officially circulated and nearly all were melted down. Around twenty found their way into the hands of collectors, but most of these were subsequently seized or voluntarily turned in to the Secret Service who destroyed them, making this one of the world's rarest coins.

Two are in the U.S. National Numismatic Collection, one is in the hands of a private owner who paid US$7.59 million for it in 2002 - the second-highest price paid at auction for a single U.S. coin - and ten others are held in Fort Knox.

 

They did. I think part of it too was there was a pending lawsuit and it was costing too much money. I think they just decided to sell it and split the money rather than pay a ton of legal fees.

Plus, THAT coin was sorta semi-legal to own anyway. Unlike the others. When King Farouk acquired it, he applied for and was granted an export license for it. It shouldn't have been granted, but it was. So, there was paperwork stating it was legal to own. That was why this particular example was a little more controversial.

 

I have to agree with Rusty.1973-D. Lincoln memorial cent is the most resent .
I am sure the more than 1-10 1964 Denver minted Peace dollars out in family workers +Officials homes or safety depost boxes .1933 Saint there has been 4-8 known to be in Swiss banks but no one will show them.due to the law that stole 6 from an American family even with US mint records show 10,000 1933 in Philly 10 days before America came off the gold standard .
Peace dollars are one coin I am sure a real one or more 1964-D will show up.
I like D Carr fantasy coins I just do not collect item like them.

 

Well, if I had a 1964-D Peace Dollar "in a Swiss Bank", I'd have absolutely no problem at all showing it off or at the minimum, taking a hard photograph of it.

As for the 1-10 out to family members? Eye witness accounts state that none of the 1964-D Coin minted ever made it out of the annex where they were coined. The ONLY way that employees could receive these is through the US Mint Cashier once they had been counted. The coins were never counted. This is fact with no zero speculation at all.

As for the 1974-D Aluminum Cent? Since the US Mint had no record at all of these coins, its apparent that it was an unauthorized activity from the start. How or why they were even minted is only known to the person that gave the dies to the coiner.
Additionally, the Aluminum Cents made it way beyond the counting and distribution phase.

 

That why their either not found or hide. Only 1 for King. #1933???

 

Lee,

I realize that one employee made that statement nearly 30 years after the fact. But if none ever left the annex, how did those examples end up in Washington DC? Plus, there is always the Superintendent of the Denver Mint version which contradicts Lantz’s assertions.

Just the fact that Lantz says none left the facility when it is known that some did end up in Washington, makes me question the entire version of Lantz. Maybe all he wanted was his fifteen minutes of fame.

Caleb

 

For the sake of argument...let's say a few were stolen and exist in private hands. What difference would it make? They would be stolen government property and are illegal to own.

 

If Dan Brown’s version of events relayed to him by Superintendent of the Denver Mint, Fern Miller can be believed, employees had a chance to buy up to two of the Peace dollars within a short window of time. Were all of these returned? That is the million dollar question. The second question is: Are they illegal to own?

 

I have never heard a credible story that leads me to believe they could have been purchased. If that was the case, records would exist. I believe the only way these coins would still exist today is if they had been stolen.

 

I don’t know if Tom DeLorey participates on this forum or if you know who he is but if you ever get a chance to talk with him, ask him about Dan Brown and Fern Miller in reference to the 1964-D Peace Dollars.

 

Tom Delorey is a treasure trove of information , I really miss him working regularly at Harlan Berks . Though I've never talked to him about this subject , I'd take anything he says to the bank .

 

Is that why you made the '65 ?