WHEW.. just got done sorting through a giant bag of mixed morgan and peace dollars. This is the only key date one I found and I was wondering if this was considered to be worth anything? Pretty great condition considering it was found in a buried jar. Since you are all most likely more experienced in the grading/pricing of this type of coin, I'll ask you for your opinion http://tinypic.com/r/160er03/5 http://tinypic.com/r/nnmkgg/5
The 1928 is worth the bucks. The 1928-S, not so much. Also consider if the coin has been harshly cleaned, it is only worth melt. I can't tell from the photos you posted if the coin has been cleaned. I'd need better photos, or the coin in hand.
The coin has XF details, AU at best but it's impossible to say based on those pics. But it also has what might be considered damage and that would cause any value to be minimal.
Question 1 of 2: Since the ANA grading grading standards book says consideration should be given for Peace Dollars minted between 1922 & 1928 because they were struck in low relief & lacks sharpness of lettering and detail; and the OP's coin seems to have quite a bit of detail remaining , wouldn't that offset any damage that may be present ? Question 2 of 2: Can a 1928-P still command a premium even if it can only grade Good ?
No. Even if the coin would otherwise grade MS67 or higher, if damaged it's damaged and is ungradeable. Yes.
Since the seller "originally" had the date for the Peace Dollar listed as 1926 , the buy it now price was low. The seller confirmed the picture was correct and corrected his description without raising the price. I figured I'll take a gamble that it could be a 1928-P and not a 1928-S. Either way it could still be a nice belt buckle if I can avoid ruining it completely when I look at the MM. http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=370362542720&ssPageName=STRK:MEWNX:IT
After looking at some of the other jewelery coins that seller has for sale I am totally afraid that it has solder or superglue on the reverse That same seller has buff & lib nickels that were gold plated and their reverses are scary Too bad too , because the liquidator is obviously not aware of the relevance of MM , since they seem to think that everything is from the Philadelphia Mint despite that fact there is a great big "D" in plain site on the coin.