1923s Peace dollar in an old PCGS green 1986-89 rattlerI

Discussion in 'What's it Worth' started by Mikegander41, Apr 16, 2017.

  1. Mikegander41

    Mikegander41 New Member

    I have 1923s Peace dollar in a 1986-89 Green PCGS rattler holder as MS64 and I was wondering if I should send this in for a possible Upgrade due to age of the holder and possibly find out if it is a candidate for upgrade. I have never sent in anything for grading in the past.
    Also I have a 1917d Mercury dime that is raw, but appears to have Split Bands and doubling on " In God We Trust" and on the "B" in Liberty. Any idea of possible value?
    Regards
    Mike
     
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  3. New Windsor Bill

    New Windsor Bill Well-Known Member

    Welcome. I am a collector myself and know that the 23s doesn't have great value so in my opinion I would not spend the extra money to get it re-holdered and upgraded. The 17d Merc I would advise uploading good pictures so that the many experts on this forum can give you good advice.
     
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  4. Mikegander41

    Mikegander41 New Member

    Thank you. I will do that. Also I forgot to mention that the 1923s dollar is toned on both sides completely in various shades of pinks,purples and blue tones.
     
  5. ldhair

    ldhair Clean Supporter

    We love images.
     
  6. Blissskr

    Blissskr Well-Known Member

    You may want to post pictures of this as well as toning can add a great premium and good looking natural toning on Peace dollars isn't that common. It could be worth more in the holder its in now if it has market acceptable attractive toning.
     
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  7. Mikegander41

    Mikegander41 New Member

    Thank you. I will get some pictures posted.
    Regards - Mike
     
  8. Mikegander41

    Mikegander41 New Member

    I have just acquired a 1921 Peace dollar, the lister is not good and it is a little worn.
    My concern is, who ever owned this coin in the past, scribed into the coin very faintly
    The date 1940. I don't know what kind of idiot would ever do such a thing, but I need to
    Know if it is possible to send this in to some one PCGS or NGC to see if this coin could or should
    be restored. anyone have any ideas? Thank you. Mike
     
  9. New Windsor Bill

    New Windsor Bill Well-Known Member

    Anacs is one of the best with Morgans and you do not have to be a member with them to submit. They are also a lot cheaper. A 21 is a very key date and this could even have a VAM which ANACS will recognize and your 21 could become much more valuable.
     
  10. New Windsor Bill

    New Windsor Bill Well-Known Member

    I want to also add that because of the greater rarity of this year, I would definitely send this in.
     
  11. Blissskr

    Blissskr Well-Known Member

    Imo if someone marked a date into your 1921 it's not worth sending in, it's damaged and nothing is going to fix that. 1921 Peace dollars while one of the keys aren't exactly rare and a slab isn't going to add any value to a damaged one. You'd essentially be wasting your money if you sent it to be slabbed.
     
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  12. New Windsor Bill

    New Windsor Bill Well-Known Member

    A 21 is almost 5 times the value of a common peace dollar in a lower grade. If they found a significant vam then the peace dollar becomes more valuable even with the light etching on it. That is why I suggested Anacs. The $30. investment is well worth it. And you cannot buy a 21 for $20. or $25. like you can most of the others. Just my opinion, he can decide what he wants to do with it. If he can upload high resolution pictures then maybe he can get a good opinion from the experts.
     
  13. Blissskr

    Blissskr Well-Known Member

    Sorry but you're giving bad info to the OP. You're also apparently confusing Morgan dollars with Peace dollars as well. From what OP has stated his 1921 Peace dollar is damaged, with that fact alone nothing is going to change that fact that the coin is damaged and thus a problem coin. But please explain how a date etched into the coin which is damage is going to make it even more valuable? Frankly I think you have no idea what you're talking about in regards to VAM's.

    Slabbing the coin is going to be wasting his money it's not going to increase the value, slabbing would just add sunk costs that will never be recouped.
     
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  14. New Windsor Bill

    New Windsor Bill Well-Known Member

    I think I know the difference between a peace dollar and a morgan. And for you to trash the advice I had given him was out of bounds. I am not a penny pincher and because I mentioned that anacs is good with morgans did not mean I thought he had a morgan. Before you go around insulting people you better THINK WHAT YOU ARE SAYING. HE HAS A RIGHT TO GET THE COIN PROFESSIONLY LOOKED AT; BUT YOU COME IN WITH YOUR HARDNOSE SELF OPINIONATED ADVICE AND TRASH ME.
     
  15. Blissskr

    Blissskr Well-Known Member

    Say the OP sinks the total cost of mailing, grading, slabbing and return shipping into the coin based on your advice. And than he finds himself stuck with a problem coin that no one wants even at the price he'd need just to break even. Are you then going to buy him out from it when he's sunk in it based off your advice?
     
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  16. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Okay, but even if true this in no way means slabbing is automatically warranted.

    Okay, but I don't see where you suggested he submit as or pay the price for attribution (known or not), not to mention it's a VERY big "if", so again, and in any way we look at it, this in no way warrants a submission.

    Well worth it how? Do you have any idea how many circulated and damaged 21 Peace dollars are out there and for good reason?

    I don't see where anyone suggested otherwise, but what junk bin material sells for has absolutely no bearing on the issue at hand. The fact is that graffiti doesn't usually sit well with collectors, and is especially true on such a common coin (and contrary to what you've implied, it is indeed common). No one is going to rush out to pay up for a common circulated coin in this condition simply because of second tier TPG's plastic. If you wish to consider a potential variety, get the OP to post photos, attribute it, and only then can you base your suggestion upon facts as opposed to remote possibilities.

    Perhaps this is where it came from...

    That addressed, he's right, Bill, and with all due respect, the "advice" you gave was worthy of trashing. You're wrong, and the only thing "out of bounds" here was your above quote. If you want to gamble (or in this case waste money), go right ahead, but use your own money instead of carelessly suggesting others waste theirs, please.
     
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  17. New Windsor Bill

    New Windsor Bill Well-Known Member

    First off I didn't appreciate you trashing whatever I said in my previous posting. If you have a problem with me we will get it taken care of.
    And my advice was that he could do whatever he wanted, I gave him an option; IT WAS ALSO SUGGESTED TO UPLOAD GOOD PICTURES. I know that the 21 is a better date and my advising him to go with Anacs as an option was so that he could save some money and that certainly would not have broke the bank. They have $10. specials. And if you look at my first reply to him about the 23-S, I advised him not to get it reholdered, because that year really doesn't have value.
     
  18. New Windsor Bill

    New Windsor Bill Well-Known Member

    He's right?, There is a way to talk to people. I simply gave the guy an option. And if you look I also suggested uploading in pictures. I myself do not use ANACS, I use NGC. But the suggestion was simply to save money.
     
  19. SuperDave

    SuperDave Free the Cartwheels!

    ....except for the fact that 1923-S goes up almost 10x in value from MS64 to MS65. You misled him there, too.

    Heritage, two moths ago. MS64 (and a nice one) hammered at $340.75:

    https://coins.ha.com/itm/peace-doll...gs-ms6/a/131709-27389.s?hdnJumpToLot=1x=0&y=0

    Heritage, two months ago. MS65 hammered at $2350:

    https://coins.ha.com/itm/a/1252-4757.s

    With that said, unless the coin in question hasn't been seen in public before, an upgrade is problematic because it may be assumed that someone's already tried it. However, with such a huge jump in value, it is well worth strong consideration.
     
    Last edited: Apr 18, 2017
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  20. ldhair

    ldhair Clean Supporter

    It would be a complete waste of money to send in the 1921. It's damaged. A slab won't fix that. It would come back AU Details. That's not a coin many would want. Not wise to put more money into a coin such as this.
     
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  21. Oldhoopster

    Oldhoopster Member of the ANA since 1982

    Regarding the 1921 Peace, I believe that sending it for slabbing is a waste of money. You said the coin was a little worn. The Heritage price guide lists this coin in VF at $70-90.

    You specifically asked about getting the coin restored. ANACS isn't going to restore the coin, you'll have to send it to someone like NCS. I have no idea if they would do the work but even if they do, you would still have a coin that would only get a details grade.

    I don't know how much NCS would charge, but add that to the $30 ANACS and you would still have a coin that, at best, is only worth 50-75% of it's undamaged value. And that's assuming the coin hasn't been cleaned. My rough guess is that you would end up spending around $75-$100 for a coin that would be worth less than $50. Put the coin in a non-PVC flip or 2x2. 1921 Peace Dollars are nice looking coins. When you find a better one, flip the graffiti coin on ebay.
     
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