See: https://www.ebay.com/itm/1922-D-Pea...780138?hash=item41d5db196a:g:VZIAAOSwPAxaJmlj I'm very new at grading but I think the rub mark on the cheek wouldn't allow this thing to pass as a MS63. It is just way too distracting for my tastes - the price suggests this is overgraded since it is well below wholesale. Your thoughts?
It's not rub on the cheek even though those pictures aren't great. As for the price that's pretty much inline with eBay pricing for those. Several have sold for less than that and at least one is currently listed for less than that. Some have and will go for more with better pictures if they're really nice, but it's kind of a price race to the bottom on eBay for generic Peace dollars like that.
I think it is the "cheek massacre" that makes it a 63. That is some really stout luster, and the rest of the coin seems pretty clean. Call it an "except for that cheek, it's a 65" coin. The rodent on the avatar is a sure 66+.
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The crap photo would make me pass on the coin. It might be a nice coin, but 22-D Peace dollars in 63 are common enough that you should be able to buy one you can actually see in hand, or at least from a decent picture.
I tend to agree with this assessment. Overall the coin looks very nice except for that large hit on the cheek. If PCGS determined that there is no wear in that area and that it's not too severe to be called damage...then it would have to be MS. If the rest of the coin is as nice as I think it is, they probably decided MS63 was a fair grade. Of course, the photos are so bad it's hard to get a very good look at it. I would avoid this coin. 1923-S is a common date and MS63 is a common grade. There are more attractive examples out there.
I have three of these; all are very nice, but not quite as nice as this one... even with the less than stellar photos. I paid about $25 apiece for them. I wouldn't venture a guess at how they would grade, all were bought raw.
Probably the biggest revelation for me over the past couple of months has been how much money you can save on coins by taking the time to do a bit of poking around. For example, like you, I regularly get uncirculated common Peace Dollars for about $25.00 when the local coin shop sells culls for $22.00 (I won't go back there). Internet aware local dealers will also give really good prices on coins as they understand the competition a bit better.
One adage promoted by many coin collectors that I try to follow is "buy the coin, not the holder." I look for coins that have a grade I am looking for and eye appeal. The coin may be an MS63 but it has distracting marks (no eye appeal). As said above, 1922 D MS63 Peace dollars are common so my recommendation would be keep shopping.
Personally, IMHO, I wouldn't touch that coin with an 11-foot Czech. The eye appeal of the obverse is virtually non-existent. The cheek looks like Miss Liberty was planted face-first onto the asphalt.
Sorry, OP, but that is a very typical MS 63. It has contact marks on the cheek, that bring it down to a 63. Otherwise, with a clean cheek, the rest of the coin reads 64 or 65. I agree with the Doc here—- I would not buy it, as it is a common date with many far more attractive examples out there.
I would just add that rub is generally understood to represent wear or the removal of surface material/texture from handling and circulation. This coin has a hit, dig, scrape, or bagmark on the cheek. Not rub. As has been said, this mark is the defining, grade-limiting feature of this coin. The rest of the coin appears to be quite nice. As you know, the cheek is THE focal point of a Peace dollar. It looks accurately graded to me, but still not a coin I see any reason to own. MS61 and MS62 Peace dollars generally look like they’ve been on a date with a cheese grater. To me, Peace dollars aren’t really attractive below the 64 level, nice 58s excluded. Besides all that, I wouldn’t be comfortable buying a coin from that quality of photo.
I agree completely, the coin has gem grade luster, no harm in market grading the coin to MS63. This coin reminds me of the shovel scoop thread.
