My first peace dollar!

Discussion in 'US Coins Forum' started by Steven88, Dec 13, 2006.

  1. Steven88

    Steven88 New Member

    OK, so I bought my very first peace dollar ever today, and I must say that I LOVE the design of the coin. I've always heard people on here talk about how great it is, but I just realized today that it's probably my favorite coin to date. Here's the one that I got today - I'd appreciate any feedback on this coin or collecting the set in general.
     

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  3. mrbigjoe

    mrbigjoe New Member

    I have recently got the peace dollar bug myself and I think I will work on a set in 2007, I think it is a much underappriciated coin.
     
  4. Becky

    Becky Darkslider

    Try to buy the key dates first, they won't get any cheaper anytime soon. It's a nice, short series and the coins can be absolutely gorgeous. Have fun!!:kewl:
     
  5. zaneman

    zaneman Former Moderator

    Hi,
    I hope you did not pay 109 dollars for your coin. It has been wiped, or cleaned, without a doubt. If you paid over 30 dollars, then you overpaid, and if you did pay 109, I would not recommend doing business with whoever you bought the coin from anymore.
     
  6. Steven88

    Steven88 New Member

    I paid $35 for it. What makes you think it's been cleaned?
     
  7. Vroomer2

    Vroomer2 Active Member

    Steven88, welcome to the "I just got bitten by the Peace Dollar bug family" :) I got my first 2 this weekend. My biggest problem with Peace dollars had been the nasty destructive toning they can take on.

    AS for if your coin has been cleaned... I hope it's the quality of the scan/picture. That's my problem, bad pictures. ;)
     
  8. Steven88

    Steven88 New Member

    I'm thinking that the contrast of the scan possibly threw zaneman off a little...I'm sitting here looking at the coin in my hand and it still has a ton of mint luster, but I don't see any hairlines that are typical of a cleaned coin. I'm still fairly new to numismatics, but I know the difference between a cleaned and uncleaned coin - for the most part anyways. I'm no expert on peace dollars (as this is my first one) so there's always the possibility that I'm wrong and zaneman's right.
     
  9. gunsmoke

    gunsmoke Senior Member


    Congratulations, Steven88. I don't have any advice, but I love the Peace Dollar too. I have two specimens, both 1922, a common date. Both are well struck and beautiful. I think one reason you and I like Peace Dollars so much is they bear the face of a pretty woman on the obverse. The Morgan Dollar's model was an improvement over the matronly, boring women on 19th century coins, but Peace took it a step further and gave us a really good-looking female. I'm sure you know that the model was Teresa De Francisci, wife of the designer, Anthony. Good luck with your collecting.--gunsmoke
     
  10. Ed Goldman

    Ed Goldman coin collector

    Do you know that the Chinese are now making Peace Dollars. It's a fact, I have already seen some of them. You can tell the fakes easily. They weigh different and when you drop them on a table, there is no ring to it. Be careful.
     
  11. b.j.

    b.j. Senior Member

    The Peace $ is a relatively easy series to collect. It is relatively short (24), most date & mint marks are relatively inexpensive and the key dates are still reasonably easy to find and obtain. The key dates are also not as expensive as the Morgan $ series.
    That being said, I do not like the obverse of the peace $. It has a mushy design. I do like the eagle design on the reverse. Your picture is a bit too dark for me to give it a grade.
     
  12. gunsmoke

    gunsmoke Senior Member

    b.j.

    Define "mushy."

    Also, the eagle design is not on the obverse. (A careless mistake, I know.)
     
  13. b.j.

    b.j. Senior Member

    There are no sharp details, even in MS conditions. I am saying this in comparison to the Morgan $ which has sharp details in uncirculated and higher circulated condition.
     
  14. wrucmike

    wrucmike Who's the Man?

    Congrats

    Congrats - welcome to the club :)

    I guess it depends on your goals, but if you're looking to accumulate a bunch of peace dollars (like for investment purposes), eBay isn't too terrible of a place. My rule of thumb is to not pay much more than spot price of silver for each one. That lets you get common dates cheaply, and then you can pick the nicest of the lot for your collection.

    Just a suggestion - I collect them for investment purposes and only recently have I started trying to get a full set.

    Enjoy!
     
  15. gunsmoke

    gunsmoke Senior Member

    Having just scrutinized both coins, I see what you mean. And in fact I remember saying to a non-collecting friend sometime back, "Look at the detail in Miss Liberty's cap." However, I think we can appreciate different design styles in numismatic art. I still love the Peace dollar.
     
  16. mrbrklyn

    mrbrklyn New Member


    Very Nice
     
  17. Treashunt

    Treashunt The Other Frank


    Compare any date to the 1921 Peace dollar, use similar grades and you will realize what mushy means.
    The original design was beautiful and all subsequent years had the relief reduced, thereby taking away much of the beauty of the design (on both the obverse and reverse.)
    Collect what you like and enjoy.
    At least with the Peace dollar set you have a good chance to complete the set. (a few better dates but nothing like the prices of the Morgan $ set.)
    Good luck.
     
  18. alwayslost

    alwayslost New Member

    Good purchase. The reason I like the Peace Dollar was the history involved. After WW1, the war to end all wars, the United States was the main reason for the victory. When the artist designed the coin he had the Eagle perched and not flying like it was looking for prey. It was a signal for times of peace. Something I wish we had today. Being a vet I appreciate the flying Eagle but love the perched Eagle.
     
  19. AdamL

    AdamL Well-Known Member

    Peace dollars are great. I have a couple. I'll probably work on the full set someday, that is if I ever finsih Walkers, Jeffersons, and Franklins which I'm working on now. Hard to say if your coin has been cleaned. Its difficult to say when scans are all you have to work with. I have the same problem.
     
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