Junk silver? Not. 1928 Peace Dollar

Discussion in 'US Coins Forum' started by Sholom, Jun 22, 2009.

  1. just coins

    just coins New Member

    .Well lets change the wording around which is the closest look on the fields

    JC
     
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  3. mwhistle

    mwhistle Junior Member

    I very much appreciate this discussion; I'm learning a lot. I have a modest collection which includes a 1928s and a 1928.
     
  4. byrd740

    byrd740 Numismatist

    The Peace Dollar. But comparing those pics and op coin is like apples and oranges. It does look bad but it does not look like corrosion.
     
  5. just coins

    just coins New Member

    The reason why i think it's corrosion because there's evidence on the rims as I said before ,and it spread out on the rims A toned coin doesn't have that look on the rims toning usually does'nt have that apearance. Well that;s your opinion which is fine. I just think is a form of corrosion
    JC:high5:
     
  6. byrd740

    byrd740 Numismatist

    You have to think too, that it ws in an old Whitman folder, with pages on top of it. I am sure that is how it got the muddy tone to it. Another thing to is it looks misshandled. There appears to be a fingerprint on the reverse.
     
  7. mikenoodle

    mikenoodle The Village Idiot Supporter

    I don't see a mintmark. I would check to see if it has been removed, but otherwise, this coin is worth far more than melt, Joe.

    There is toning, and what may be small amounts of corrosion, but I think it's just black unattractive toning. The spots could indeed be corrosion, however they are not jumping out at me when I look at the coin. I would tend to not want a problem coin of any kind, but when one presents itself for what could be a bargain, I might buy it.
     
  8. Sholom

    Sholom retired...

    Here are two more pix. The first is the mint mark area. The second is what looks to me to be similar ugly toning produced from a whitman album on an Unc Roosie of mine just for comparison purposes. Hopefully these are useful:
    [​IMG]

    If the above isn't good enough, I can scan it again and zoom it a bit more.

    And here are Unc Roosies with similar "toning"/"crud"/whatever from a Whitman:

    [​IMG]
     
  9. Mark Feld

    Mark Feld Rare coin dealer

    Based on the images, it looks like a 1928 P to me and worth about $350. If I owned it, I would not have it conserved, and would first try to sell it without having it encapsulated by a grading company. If I couldn't get my price, as is, then I would consider other aternatives.
     
  10. ice

    ice Just happy to be here

    I don't see any corrosion I do see some unattractive toning. It is a key date and ugly or not it will bring a good price much more than bullion value
     
  11. mikenoodle

    mikenoodle The Village Idiot Supporter

    one thing I need to know...

    At the tip of the eagle's wing there is an almost square black blob. Is this an depression in the coin? If so, it could be a removed mint mark.
     
  12. Danr

    Danr Numismatist

  13. byrd740

    byrd740 Numismatist

    With those last pics, I believe know that it is an authentic 28-P. The closeup also show a good example of the type of toning exhibited on the coin. The only kind of corrosion on the coin, might be where it appears to be a fingerprint on the reverse.
     
  14. Sholom

    Sholom retired...

    Where am I going to get a good price? I would think that with that kind of toning, ebay would be a crap-shoot, no? (Remember, I'm new at this!)
     
  15. byrd740

    byrd740 Numismatist

    The mm should be a little higher than that blob.
     
  16. just coins

    just coins New Member

    What different does it make it looks like the coin was tampered with and maybe the mm was removed so that coin to me is a problem and a dealer would not except this coin ,because he would have his doubts since the area were the mm is covered or removed mm and that would go with any grading company too they would bag it

    He would be concerned if it was a P or a S ,and you can't put this on ebay it would be fraud so it;s worth about nothing

    The dimes you posted have more of a natural brown toning to them not the peace dollar.
    Some poor soul would buy this on ebay because they don't know any better
    JC
     
  17. Danr

    Danr Numismatist

    I'd say have it slabbed, my guess is that it will not be body bagged (that type of toning is common with the Whitman folders).
     
  18. byrd740

    byrd740 Numismatist

    Here is an overlay pic of the op's mm and an authentic 28-S reverse. The blob is a lot farther south than where the mm is supposed to be. I still stick with my conclusion. But unless it can be seen in hand I guess we can never really know.
     

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  19. johnny54321

    johnny54321 aspiring numismatist

    Great Find! I would recommend taking it to a reputable dealer to determine whether or not it is a real 28 P. This coin would grade way higher than VG imo, probably VF-25 or so. I also agree that the black is toning, not corrosion. Black toning is common, and is the state that all toning on silver eventually turns to.
     
  20. Mark Feld

    Mark Feld Rare coin dealer

    There's an excellent chance that an in-hand examination by a knowledgeable dealer or collector would quickly clear that concern up.
     
  21. Sholom

    Sholom retired...

    Wow -- nice job! Thanks!
     
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