It's a better date, but worn and damaged enough that I don't think you missed much. I don't see anything to make me think it's fake.
I was thinking it was a Philly version. the title left out the mm http://www.ebay.com/itm/One-Day-Auc...NAQ%2BTAll226c0b1yARQ%3D&orig_cvip=true&rt=nc
Why is it worth $12.59? "Because that's how much silver is in it." Why is that much silver worth $12.59? "Because that's how much people will pay for it." Why didn't he win the coin at $20.00?
Turning your currency into real money, winner. Paying to much for a coin, you are not alone. Fake? The Chinese wouldn't waste their time on that coin. Got a scale? Ding test? Rip a magnet out of a useless Hard Drive(PC)? Peace.
In 2005 at the Cal-Neva. They had three 25c machines that paid out silver dollars. One had Morgan & Peace dollars and the other two had SAE's. Chris
Given the fact that the 1928-S is a common coin compared to the 1928, I can fully understand why the seller left the MM off the eBay title. It appears that the seller was attempting to sell his ignorance in the hopes of hooking a big fish.
Because somebody else was willing to pay just a little bit more, or he would have. But that doesn't mean that either one of them should have bid that much for that coin.
The post was if the coin was genuine or not. We all buy different things and have different reasoning to the prices we pay for things. Isn't that the fun of this hobby? If we would all only pay X amount of money for something, then it wouldn't be a very competitive, would it?
I would be shocked if anyone sold a Peace dollar for $12. The lowest I've seen silver dollars at a walk-in shop are maybe $21-$22 range. It's hard to find any dollars below $20 on ebay. Morgans and Peace still hold their premiums no matter where silver goes. And about the main title, it doesn't look fake. Just a bit dinged up on the edges. At least there's no hole through it (I've seen a few, totally ruins the value).
