1964 peace dollar coin value?

Discussion in 'US Coins Forum' started by Charles1997, Jun 16, 2014.

  1. dcarr

    dcarr Mint-Master

    The solitary 1933 Double Eagle that was "legally monetized" was purchased at auction by an anonymous buyer. The Government went to great expense to have the Bureau of Engraving and Printing make an especially-fancy certificate for the new owner.

    My theory about who the mystery buyer is: Alan Greenspan.
    He has studied the Great Dpression at length and has a fancy for gold.
    For a time, the coin was on display at the New York Federal Reserve bank building.
     
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  3. Sammy Childers

    Sammy Childers New Member

    I believe I have a 1964 D Peace dollar that was in some of my father-in-laws possession when he passed . I did the magnet test passed the weight passed . What is my next safe step ?
     
  4. dwhiz

    dwhiz Collector Supporter

    First I think you took a wrong step, if indeed you have a the real thing. I say say that because you announced to the world what you think you have, and yes big brother is watching.
    So now you need to contact PCGS and collect that reward. But be prepared to turn it over to the government as they will hunt you down to retrieve it.
    Good Luck
     
  5. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    Geez you are dealing with something that is not pose to exist... If you have a 64 peace yea you rich and prepare to fight and keep that thing with you at all times

    Sent from my C6740N using Tapatalk
     
  6. JPeace$

    JPeace$ Coinaholic

    Posting pictures would be helpful. I doubt it's genuine, but.....
     
  7. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Indeed.

    There's no reason to talk of ridiculous PCGS rewards, big brother, or heaven forbid, turn such a simple question into more Carr nonsense. The man is asking for help and is exactly what we should give him, and do so while setting everything else aside.
     
    JPeace$ and Shamrock111 like this.
  8. jello

    jello Not Expert★NormL®

    If real???
    Big bother already knows so black suits could be watching.
     
  9. Coinchemistry 2012

    Coinchemistry 2012 Well-Known Member

    There are a number of counterfeiters as of late that are producing these in large numbers. Unfortunately the hobby does nothing to combat counterfeiting, and the government is slow in stopping violators. Some are even openly collecting contemporary counterfeits so there may be a premium even for a knock-off. The odds are favorable that you have nothing more than a counterfeit. If it does turn out to be a deceptive counterfeit, I would encourage you to file a complaint with the Secret Service.

    With regards to the issue, the U.S. Mint did strike 1964-D Peace Dollars; however, the government contends that all were melted. The Mint, however, has a very poor track record when it comes to such records (Google the story of the Langbord 1933 Double Eagles). It is claimed that like the Langbord 1933 Double Eagles, a small window of opportunity existed for Denver Mint employees to obtain these legally. The facts are unclear. None of the coins has publicly surfaced. There is a $10,000 reward being offered by PCGS to authenticate an example. No one has come forward to my knowledge.

    The bottom line: The coin is likely a counterfeit, especially given the flood of these on the market. If it is authentic, there are a number of potential legal hurdles and the coin would possibly be subject to confiscation much like the Langbord 1933 gold Double Eagles.
     
  10. Coinchemistry 2012

    Coinchemistry 2012 Well-Known Member

    It is all relevant although I agree that the commentary should be very narrow and focus on answering the question. It is most likely a counterfeit. There are some Chinese versions offered for under $30 on eBay.
     
  11. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Of course... but this gentleman is a new member, and I simply felt he deserves to have us try to address his question, and do so based upon provided evidence (photos) instead of possibly turning this thread into more back and forth nonsense. When attaching "counterfeit" to anything other than an original, which is likely to come, you know what can happen.... ;)
     
    19Lyds and Coinchemistry 2012 like this.
  12. 19Lyds

    19Lyds Member of the United States of Confusion

    So, if Farouk received an "export license", it only stands to reason that the coins were in fact released.

    From a Devil's Advocate position, "IF" the Farouk specimen were acquired the same way the Izzy Switt speciment's were acquired, then it was in fact stolen and export license or not, the piece belongs to the US Government.

    For example, if I steal your Ferrari and then export it to Italy with the proper paper work, is it any less stolen??
     
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