Done some trading with a fellow collector and wound up with a 1925s peace dollar. So amongst a few other coins I needed graded I sent the peace in as well. I got those back this past Thursday and was highly surprised. The Peace graded at MS67 I was floored over that knowing the value of the coin with that grade. A collector at a local jewelry store told me to bring it to him that he could sell it if i wanted too and would get me at most 500.00 the guy must be crazy the value is around 25,000.00. My question is where do you find collectors wanting to buy coins of that caliber?
Done some trading with a fellow collector and wound up with a 1925s peace dollar. So amongst a few other coins I needed graded I sent the peace in as well. I got those back this past Thursday and was highly surprised. The Peace graded at MS67 I was floored over that knowing the value of the coin with that grade. A collector at a local jewelry store told me to bring it to him that he could sell it if i wanted too and would get me at most 500.00 the guy must be crazy the value is around 25,000.00. My question is where do you find collectors wanting to buy coins of that caliber?
If it's really that valuable (I see it listed in the price guide, although the jump from $100 in MS 60 to $28,000 seems odd) and correctly graded from a top tier grading company, you can try Heritage. I can only guess at that one time super high price, could have been during some coin boom frenzy and the coin that sold high was advertised as #1 in a population of 1 and someone overpaid. Let's see photos of your coin, I have no idea, but I doubt that this coin which is not rare will bring that price again.
Duplicate post. Let's see photos. While this coin did sell at one time for a very large amount, I doubt that's going to happen again in today's market.
We need more info and more pictures. What company graded the coin? From the top two grading companies, there is a population of ONE MS-67 1925s Peace Dollar.
If you have a 1925-S graded MS67 by PCGS or NGC, then contact any major auction house like Heritage or Stacks/Bowers. You will have no trouble selling it. If it's something else, then then all bets are off. Without pics, nobody will be able to give you a meaningful answer
A low level grader could have graded his MS-63 as a 67. But if that's true, then $500 was way to much to offer from someone who needs to resell it. Ah I see the posts have been combined. THIS LOOKS LIKE THE WORK OF LORD MARCOVAN!
What about the "fellow collector" that you traded with to get this amazing coin? Both on you traded and thought each was getting a fair deal. You send it on for grading to an unnamed source and it gets graded so high you're excited and shocked. No pictures to support your claim and to top it off, you take it to a "jeweler" and he offers you $500.00 for a 5 figure coin. Of all the collectors you, have the pop. 1 of 1 for this coin. And the fellow collector had no idea of what they had? Something's rotten in this.
@Ronnie Lewis did you post this just to get answers, are you gonna respond? MS 67 is a lofty grade for a peace dollar, Who graded the coin?
Yeah, too good to be true. I'd stand in line with thousands of others just to examine a coin like that, let alone have a chance to buy it. My guess is that it is a cleaned AU in a holder from an unrecognizable grading outfit.
