hey all I just wanted to share a new Peace dollar I picked up today at the pawn shop. I got this coin for melt so I didnt do too bad and I at least saved it from further damage. I am still trying to get better pics with this phone I have and im not the best at taking pics but from pics provided what do you think this would grade. I'll throw my guess out there. OBV xf RV MS61.
The only guess I have is that this made its way in in circulation and somehow it took some wear on the obv but not the rv? Maybe someone had in their pocket. I'll ask this do the high points of the Peace dollar take more wear on the obverse?
The mintage of 1923-P Peace Dollars was exceeded only by the 1922-P Peace and 1921-P Morgans; at 30 million struck they're among the most-produced Silver Dollars ever. An astonishing number of dies were required to produce that many coins, and it may be assumed that there were a multitude of die wear mismatches due to some dies breaking or wearing out early. That's one reason why one face might appear more "worn" than another, even though the coin is still Uncirculated. When one looks at your coin, though, especially compared to other 1923 Peace issues, one really doesn't see any significant wear. Lots more marks, but not much wear. If we suppose that an older obverse die was paired with a new reverse die, and the coin was pretty well struck, a bit of circulation wear might result in something like we see here. Indeed - understanding one tries not to make definitive conclusions from single sets of images - it may well not be circulated at all. Experiment for you (and anyone else reading who might be curious): Grab a seemingly Mint State coin, contemplate the few seconds of physical handling they actually sustain in an average transaction, and then rub that coin between thumb and forefinger until it shows noticeable wear. I bet your fingers bleed first.
It looks beaten on the front side and patently not on the reverse. The front was whooped on by kids beating it with hotwheels or fisher price toys while in an album. Nothing else really explains that it just looks beat up on the front with no actually noticeable wear on either side. It didn't get that many bag marks on one side and virtually none on the other.
Dave, during the coin toss it lands tails more. Yes Nice pick up and most on this site, Myself included would buy those all day for melt...I've paid more.
From many viewing angles, yes. You'll find them frequently listed on Ebay as 1928's, by sellers who didn't look just a little bit closer....
Yes, the tightness of the 3 almost always looks like an 8 from various angles. The 8 is actually well struck on a 1928 - but it's always good to look a bit closer. Also, many 1923's can be faked as a 1928 with some silver solder and some talent - so always be aware.
