Amanda's Peace Dollar Chart 2: The Chartening

Hello, all!

I know it took a while for me to get back to everyone, but at long last The Chartening is upon us.



It's been rehashed several more times with everyone here at the office, and this is what I've settled on ... well, that and I got really tired of looking at it and having it on my giant "To Do" list.

So by all means ... take a look and let me know what you think!

 

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The chart is nice and all, and I know you spent a lot of time on it, but I dont see how it would do me any good. If I am presented with a chance to buy a 1924 s MS64, and I look at your chart and it says scarce, what does that mean? Buy it at any price? 50K? 5K? I dont see it as having any practical use. The redbook, grey sheets would both serve me better, and I would rather have one of those. I know you have a lot cheerleaders on here that will fall in love with it, but it is not for me.

 

This chart has absolutely nothing to do with value. It has only to do with relative rarity.

I suck at better date Peace Dollars; I can't really rattle off a list of better date or common date peace dollars. I learn very visually, so I made this as a sort of "flash card" set for myself to quickly get a handle on what is better and what is not.

Will this help you determine a price for something? Absolutely not. If you're not great with Peace Dollars (like me), this can be a guide to better get a handle on what is common, and what is better. That's all.

 

Do you have a key for each label? I know what common is, but am having trouble grasping better, slightly better, and better plus.

 

I gave up on trying to find other terms, because again this is essentially a glorified flash card set!

So I did do some number crunching as I had said before I would, and I did find some general numbers that go with the terms, but honestly ... they're irrelevant. Just goes common, slightly better, better, scarce, and rare with +'s in between most.

 

Suggestion: I would put that scale on the bottom of the page with all possible options in order from Common to Very Rare. A plus or very designation can go in between the main categories.

 

Updated with scale!

 

I like it a lot. Do you mind if I save it to my computer?

It may not be helpful when bidding on a specific coin at an auction. But when you're working the counter at a coin shop and a customer has a bag full of Morgan and Peace dollars, this chart becomes invaluable, whether you have it to your side or memorized. Excellent work and thank you for sharing!

Jesse

 

I got it. You are a SoCal girl. Use a color coded thermometer as your scale. I think you already have the colors right in your chart. TC

 

Thank you and by all means, anyone can use it in any way they find useful!

 

Something like this:

http://www.do2learn.com/activities/SocialSkills/Stress/thermometer.jpg

Just disregard the anger management labels. Create a thermometer that matches your designations and then use this same thermometer across all coin series. This could tie it all together for you and be your trademark. Enjoy, TC

 

Aha. You have given me inspiration! Lemme hit Photoshop real quick.

 

I thought I would have time to get to it today but I probably won't ... working on a better scale graphic though when I can.

 

Boooo

Not trying to defend the lady cause she's a lady or pretty, but on the other thread it was discussed that prices change and therefore a price guide would become obsolete pretty quickly. On the other hand, rarity is something that doesn't change much over time. With that said you should not rely solely on rarity. I think the best approach is to look at both rarity and a reliable price guide (such as greysheet). Doing thorough analysis requires looking a multiple things and not just basing an estimate off one thing.

 

Updated with a little legend-graphic thing as suggested by TopCat ... I just threw it up and then realized it's a little wonky and the cropping looks off, but I'm tired and everyone's going home now.

So, something there as a placeholder and I'll try to refine it when I can.

 

I love it, geekpryde!

 

I don't even collect Peace Dollars, but I had to see any thread which uses "The Chartening."

 

And now I have so many lines from a bad movie running around my head.