Peace Dollar!!!!!!

I know I keep doing this, but this one i am way to happy not to tell everyone. I am shaking!!! I just one my first peace dollar (1922)!!! I a so happy. Would grade would you give it, and is 15.46 dollars to much to pay???

 

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Its hard to tell from the pics. I would say AU58 But there seems to be some very nice details. If there was a little more luster I would grade it higher. But the Grey look makes me think perhaps it was cleaned wrong once a long time ago. But that could be just the picture its self. Are those line's in the field or is that pixelation from your scanner or Camra?

Oldman

edit to add:
I do not think you paid to much, Infact. I think you got a very good price. Considering Silver prices now.

 

15 doesnt seem like a bad price. i buy them for the melt value so i tend to buy culls and such.

but for that one i think its a good price. i like the look of that one.

 

what do you mean by lines in the field?? I am a intermediate collector, but I dont know what that means? Please explain by lines in the field. And if there are, is it a good thing or bad?

 

Looks VF to me, I'd grade it at VF-35. I'd call it EF-40, but I think there is too much rub in general all over the coin. You paid a little more than melt for it, so you're in the ballpark for price. Good job on your first peace dollar:thumb:. My first one looked just like yours, but it was a 1923. It started my current obsession/addiction I have with peace dollars. Almost have my set done in MS, need that elusive 34's. $$$$$$$.

 

Looks good, I'd say VF also. Melt value is $13.29 so you didn't do too bad for your first one. Good job.

 

It looks AU and lightly cleaned. The "lines" that were mentioned are hairlines which often result from cleaning/wiping a coin. Look at Liberty's face and neck and the area in front of her face in the left obverse field. There appear to be numerous hairlines which are slightly curved but almost horizontal in direction.

 

Definitely a fine first Peace $. It does have what seems to be parallel lines that may have come from cleaning and wiping the coin. You paid an OK price for todays silver melt prices and this should be the start of a nice collection.

Bruce

 

While the price paid seems reasonable, let's not forget that 1922 Peace Dollars are extremely common, even in uncirculated grades up to MS66. And unc. examples can be had for just a bit more than this (apparently) cleaned AU one was acquired for.

 

Is it okay to clean with just some warm water and a tooth brush, or will that make it even worse? Also, there are some lines below the date, what are they? Is it good or bad?

 

I'd recommend not cleaning it in any way. If you want one without toning/patina, it would be better to buy one, instead. The "lines" below the date look as if it is from the way the coin was minted and not post-minting defects.

 

Mark stay with what make's you happy.

Mark: MS 66 coin's must be your thing,stay with it..We all have diffent feeling about coins.And the good point there's alot of coin's out here.

 

I wasn't saying that coins graded less than MS66 (or any other grade) are undesirable. In fact, I firmly believe that collectors should buy whatever they like.

My point was that 1922 Peace Dollars are extremely common and that an uncirculated example which has not been cleaned, can easily be obtained for a very small premium over what was paid for the cleaned one in this thread. If that doesn't matter to the original poster, that's absolutely fine with me, but what's wrong with providing that information to him to use or ignore as he pleases?

 

I would not touch the coin - I think it looks just fine the way it is and maybe even better inhand. Let it tone up naturally. Nice peace dollar.

 

XF-45 CLEANED. You did good for the price you paid

 

XF-45 cleaned, good price.

 

Mark:

Your point is well made and well taken by the majority here. I think that you, as well as others here, provide a level of expertise not readily available to most collectors. You are a valuable asset to this forum. Whatever people decide to do with free advice is completely up to them, but you know what they say about free advice... Those who need it won't use it, and those who will use it, generally don't need it. Keep up the great posts, most of us are grateful to have you here and giving them.

 

Considering the silver value is more than you paid you really have nothing to lose, but you might consider not purchasing coins with hairlines for over melt as to maximize their collector value, as Mark was kind enough to point out. However the only person's opinion on the coin that really matters is your own.
Respectfully...Mike

 

Cleaning is generally considered taboo in our hobby. As people have said here (and probably elsewhere), when you clean a coin, you're removing its history (in this case, it would be 80+ years). The only exception is if it was coroded or had something like PVC residue on it from improper storage. But natural toning should be left alone.

Any sort of brush will just create more hairlines, which is distracting from the coin. If you want to test that theory out, take a new quarter out of your change and see what happens.

As for what you paid, beauty (and value) is in the eye of the beholder. With silver prices over $17/oz troy, you did well - a peace dollar is worth over $13.50 just in silver. And it has the honor of being your first peace dollar, which has sentimental value. Great start! Welcome to the club. :thumb:

 

So by hairlines do you mean the hairs on the liberty's head? If so, what about them? Please explain more about the hairlines, I just dont get it:rolling:, thank you.