1924 Peace Dollar MS 65

Discussion in 'Coin Chat' started by Dan Galbato, Oct 28, 2023.

  1. Kentucky

    Kentucky Supporter! Supporter

    For most coins, never, never, never rub or wipe...blotting works just fine.
     
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  3. Dan Galbato

    Dan Galbato Well-Known Member

    Will be very careful. Don’t want to ruins a graded ms 65 coin.
     
  4. Vess1

    Vess1 CT SP VIP Supporter

    You'll have to submit it for conservation and they'll let you know if it can be done. They won't attempt to give you an answer based off pictures. That being said, this coin is probably on the cusp of being worth it/not worth it. In the end it is no longer in a slab so that's how any potential buyer would view it on the open market. It looks like you can buy a nice blast white flashy one with zero problems in an NGC slab for around $175. And those are sitting. Is that coin worth the same $$ as one in a TPG slab? No. If it bugs you, you should just sell it for whatever you can get out of it and put it into an already slabbed 65 with no problems. That will be the easiest option.

    I did use conservation once on a coin from the US mint. NGC removed a red spot off a gold coin for me. Then it went to grading and came back a 70. The conservation can do amazing things but the coin has to be worth the investement.
     
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  5. Dan Galbato

    Dan Galbato Well-Known Member

    Interesting!
     
  6. Dan Galbato

    Dan Galbato Well-Known Member

    After placing this 1924 ms65 next to a few of my new proof 70 coins, there’s no way this would ever improve to a 70.. if it were a rare date or mint example, maybe. I’m leaning towards stuffing it away and just enjoying the view! Lol
     
  7. Mike Thorne

    Mike Thorne Well-Known Member

    Great looking car, and I love the color.
     
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  8. Dan Galbato

    Dan Galbato Well-Known Member

    Long Beach Red! Thanks Mike! Me too!.
     
  9. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Unfortunately that’s a problem your going to
    run in to with silver coins in general, I even
    had one turn on me inside the holder ! starting getting ugly black tonning on it
    was also graded 65 however if it was ever
    regraded it would for sure drop a minimum
    of two points and could never recover the
    money I spent on it :(
     
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  10. desertgem

    desertgem Senior Errer Collecktor Supporter

    Remember you can always increase the dip to water concentration and effect, but never reduce it once done. Jim
     
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  11. Vess1

    Vess1 CT SP VIP Supporter

    I didn't mean to imply that conservation would boost a grade to a 70 (or at all for that matter) but it can make the coin more eye appealing. Over at NGCs census they've only graded one 1924 Peace at a MS68. That is the top pop. listed. So there are no 70s in existence. Mine was just a specially made mint product strictly for collectors where as your Peace dollar is a business strike meant for circulation and probably did for a bit..

    They have a total of 8,817 - 1924s reported as MS65s. 143 in MS65+. 1,598 in MS-66. 167 got a MS-66+. 131 MS-67s 18 in MS-67+ and 1 in MS-68.

    That's the top of the population report at NGC if you're interested. There are of course thousands more at PCGS and some of those have probably been crossovers between the two inflating these numbers over the years. Just to give you a rough idea of the conditional rarity of what you have.

    The price guide lists a 65 at $210, a 66 at $600, a 67 at $5k, 67+ $7500 and the lone 1 at MS-68 is valued at $50k.

    Notice the big price jump from 66 to 67 vs the availability. There's theoretically 12x more of them available in 66 compared to what's available in a 67 grade so the value jumps 8x roughly on this one. Very subtle differences between the two grades if much of anything at all.
     
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  12. Dan Galbato

    Dan Galbato Well-Known Member

    Vess, thanks for the help, time and info! Conservation on special coins that will increase value, I can see being done. Honestly, the only conservation my 24 will see, if it ever does, will be at home. Lol.
     
  13. Kentucky

    Kentucky Supporter! Supporter

    If you do, show us.
     
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