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<p>[QUOTE="SuperDave, post: 2297413, member: 1892"]What a terrific idea!</p><p><br /></p><p>Peace Dollars are not a bad idea for a lot of reasons. You can do a whole set in rather nice shape within your stated budget, although there are a couple of reachers (1921, 1928-P, 1934-S) which can become more important goals during the process, maybe for those Christmases when you had a minor windfall during the year and can exceed $200 for one.</p><p><br /></p><p>Peace Dollars are huge chinks of silver in-hand and present a pleasurable experience just to handle. It's what I like best about Dollars - you know you're handling a serious chunk of silver, even in a slab, and the tactile experience is unlike a Dime, for instance. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>But wait, there's more. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Peace Dollars are common and easy to find, and well within your budget if nice AU coins are acceptable. You'll be able to do the vast majority of it in Mint State.</p><p><br /></p><p>What they are_not, though, is common with nice strikes and appealing surfaces. By learning what a "nice" Peace Dollar looks like, and holding to that higher standard of only acquiring well-struck coins, you can introduce a level of effort and exclusivity into the process to make each addition worth the effort as a once-a-year thing.</p><p><br /></p><p>And the resulting collection will be maximized for individual value compared to its' peers, when you pass it on.</p><p><br /></p><p><br /></p><p><br /></p><p>Now, about the MS-65. Who is calling it 65? Is it in a reputable slab from a third-party grader, or is it just a dealer's opinion? It's in a dealer's best interest to be optimistic about the grade....</p><p><br /></p><p>$95 is a very attractive price for a true MS-65 1925-P Peace Dollar. Attractive enough to be suspicious; in a reputable slab I expect to need $150 or so to acquire one. The 1925-S is very expensive in MS65, a five-figure coin. I'd be very suspicious indeed of that one. Once you are at this level of investment, especially this early in your learning curve, I would lean strongly towards coins in reputable slabs acquired from reputable dealers even if it costs you an extra $20 for the reassurance.</p><p><br /></p><p>And don't hesitate to ask for advice.[/QUOTE]</p><p><br /></p>
[QUOTE="SuperDave, post: 2297413, member: 1892"]What a terrific idea! Peace Dollars are not a bad idea for a lot of reasons. You can do a whole set in rather nice shape within your stated budget, although there are a couple of reachers (1921, 1928-P, 1934-S) which can become more important goals during the process, maybe for those Christmases when you had a minor windfall during the year and can exceed $200 for one. Peace Dollars are huge chinks of silver in-hand and present a pleasurable experience just to handle. It's what I like best about Dollars - you know you're handling a serious chunk of silver, even in a slab, and the tactile experience is unlike a Dime, for instance. :) But wait, there's more. :) Peace Dollars are common and easy to find, and well within your budget if nice AU coins are acceptable. You'll be able to do the vast majority of it in Mint State. What they are_not, though, is common with nice strikes and appealing surfaces. By learning what a "nice" Peace Dollar looks like, and holding to that higher standard of only acquiring well-struck coins, you can introduce a level of effort and exclusivity into the process to make each addition worth the effort as a once-a-year thing. And the resulting collection will be maximized for individual value compared to its' peers, when you pass it on. Now, about the MS-65. Who is calling it 65? Is it in a reputable slab from a third-party grader, or is it just a dealer's opinion? It's in a dealer's best interest to be optimistic about the grade.... $95 is a very attractive price for a true MS-65 1925-P Peace Dollar. Attractive enough to be suspicious; in a reputable slab I expect to need $150 or so to acquire one. The 1925-S is very expensive in MS65, a five-figure coin. I'd be very suspicious indeed of that one. Once you are at this level of investment, especially this early in your learning curve, I would lean strongly towards coins in reputable slabs acquired from reputable dealers even if it costs you an extra $20 for the reassurance. And don't hesitate to ask for advice.[/QUOTE]
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