My 1921 Peace Dollar

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

  1. wrucmike

    wrucmike Who's the Man?

    I recently purchased this raw coin and I am sending it off to get graded. Once again, the camera doesn't do it justice. Thought I'd share it with everyone.

    :hail: Let me know what you think! thanks.
     

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  3. Becky

    Becky Darkslider

    Unless that is die polish on the obverse, it's not going to grade. From your pictures my guess is cleaned and retoned.
     
  4. wrucmike

    wrucmike Who's the Man?

    It might just be the lighting. I think i see what you're talking about but it didnt look cleaned to me. I suppose I could be wrong.
     
  5. huntsman53

    huntsman53 Supporter**

    I cannot tell if the coin has been cleaned or polished! However, it appears that due to the amount of wear...especially on Miss Liberty's hair, the coin will only grade out at EF-40 to EF-45. Having the coin graded will probably not significantly enhance the value of the coin!


    Frank
     
  6. zaneman

    zaneman Former Moderator

    Mike, hold your coin under an incandescent light rated at 60 watts or more. While doing this, tilt the coin at roughly a 45 degree angle, and roll it in a circle. If you see lots of tiny little lines, then I would recommend sending your coin to anacs. The coin looks like it has been cleaned, but like you said it may be the lighting.
     
  7. Bonedigger

    Bonedigger New Member

    I'd just keep it in your own holder, folder, or mount and give it a grade of XF-40. Very nice coin.

    Ben
     
  8. wrucmike

    wrucmike Who's the Man?

    Thanks for the tip!
     
  9. Tallpaul000

    Tallpaul000 Searcher

    I think its a first strike
     
  10. mrbrklyn

    mrbrklyn New Member

    it might be a weaker strike.

    Ruben
     
  11. Treashunt

    Treashunt The Other Frank

    Mike:
    First, congratulations on getting a 1921 Peace dollar.
    This is my favorite design for the set.
    Secnd, why spend the money to have it slabbed? If you go to one of the top TPG'ers it'll cost $20, plus postage and insurance. So, assume $20 for the moment.
    If it grades as an XF-40 it trends for about $125, and the cost of just the slab = 16% of the value of the piece.
    If I were purchasing the coin I would NOT pay extra for it (the slab) , it may only increase my desire to buy it, that is, make it more marketable. So, you have, basically, lost 16% of the value of the coin.

    So, unless there is a large increase in value, I would keep it as is.
     
  12. wrucmike

    wrucmike Who's the Man?

    I guess one reason that I personally like the idea of slabbing is the authentication as well. I would hate to have completed my set and then realize that oops, I have a fake. But I understand your point as well.
     
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