Junk silver? Not. 1928 Peace Dollar

I do hope the o.p. takes this coin to a numisnatist and has it examined properly. the 2-d images just don't reveal much, I see an S where Toad shows it, and an S below Toad's mm location. I still believe it could be either P or S. As far as grading, I'm with Mr. Feld all the way.

 

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Jazz,

I agree with you that this coin is very unattractive, but that is all you and I agree upon. Most of your responses in this thread are devoid of logic and seemed emotionally based in order to win an argument.

My advice is that you re-read this entire thread from the beginning. If you do, it just might end this monster debate.

 

Well, this is certainly an interesting thread...

Actually, I like the coin including its discoloration. I'm not going to use the words "toning" or "corrosion" or any other words to describe its surfaces because, personally, I don't know what's causing it; it's difficult to tell from the pictures provided (even though I lean toward "toning"). I think it has character and I certainly wouldn't mind having it in my collection.

BTW, I think it's a Philly mint...

 

I wouldn't consider buying this coin without a slab, because of the questionable MM.It might be tough to resell raw ?

I don't like the appearance, so I'd want it slabbed VF, and priced Fine, if it is a 28-P.

More likely, I'd just look for another one, this isn't a major rarity. I think it is actually a 28-s.

 

I've followed this thread since the beginning. It's been informative and entertaining.

 

You don't rate this like it's a record on american bandstand, you grade it based on its level of preservation and eye appeal.

I think some people are confusing the fact that although this coin has negative eye appeal and likely would command the money of a lower grade example, the technical grade is still the technical grade whether you like the coin or not.

 

I totallly agree with Phil Ham at least some people understand were i;m coming from I'm not all alone in this dispute and even a lower grade of VG8 or no grade at all.

Well Mike Noodle you said eye apeal ,and the op's coin has no eye apeal at all .Now even if there's a Technical grade the coin still could be a problem , because of it;s major discoloration and ugly fields.


JC

 

You don't lower the grade, you can lower the price because it is not an attractive coin, but the grade shouldn't be lowered because of some unattractive toning.

I think you are mixing that up.

a coin can have VF grade and trade for F or even VG money because of a problem or in this case unattractive toning... this happens all the time... but the coin is still a VF.

 

Well that's cool ,that;s your opinion ,and others but not every bodys. All I know i had a coin sent back ro me for unattarctive fields due to extreme bad eye apeal ugly fields,and was not graded explain thet Dutchman. That's why I'm disputing this coin ,because I was puzzled why it was sent back to me otherwise i wouldn't debate this anymore.I know that's another issue, but I'm trying to make a point here with the OP's coin

JC

 

I (and others) have explained it, my explanation is that either:

A. Your making the whole thing up. Which I don't know why you would do that. (I'm giving you the benefit of the doubt there Joe)

B. Are confused by what NGC told you.

"unattarctive fields due to extreme bad eye apeal ugly fields" Sounds like a Joe term and not an NGC term to me.

You say that that is my opinion. That is not just my opinion, but the opinion of every major dealer and grader that I have ever met.


The original coin has some unattractive toning that was most likely caused by storage in a folder type album. It is ugly, but you know what else? It is original, It means that this coin hasn't been cleaned any time recently, it also means that it was stored in one location for quite some time. Back to my original point... you don't like it? Fine don't buy it... but don't trash it either.

 

No Ductnman i would not make it up. i was very baffled when they sent it back to me and kind of disappointed, because I wanted it graded and slabbed ,and certified since it was a Ike type 2 Dollar a rare specimen . There could have been a mistake on there part but i don't know for sure.I'm a dealer myself so

Why would i make this up explain why do you keep insisting on these accusations you know what you are calling me, and you continue to respond in a negative inhuman way

JC

 

Hey I like the coin for three reasons
1) It appears original
2) I just like the Peace Dollars
3) It is the only Peace Dollar I am missing in my F and better set.

I do have a question for you guys that have been thru this process.

What would the cost be to have the coins conserved by NCS and then graded thru NGC . I looked at the website but was unsure how the net price would come out.
..oh and cool find ...........Eddie in Memphis

 

Joe, have you read any type of grading guide, or even the explanation of grading in the Red Book? Is there any description in any of these sources describing the lowering of the actual grade because of the unattractiveness of the toning? I have seen MANY slabbed coins grading in the mid-MS grades that looked simply ghastly (to me!) due to unattractive toning, but it didn't affect the number grade at all. One simple question - do you think the actual grade on an otherwise undamaged coin with honest wear and natural toning can drop in grade from VF to VG simply due to the coin's color? If so, then I am sorry, but you have been led astray in your numismatic education.

When you have the advantage of the esteemed group of learned people on this board, where you can pick up an excellent numismatic education (for free!), it is a shame that you choose to go the other way.

 

Now there is a scary thought!!!

 

I have been doing this probably before you were born grading coins
I use the ANA standards so you have no reason to question my knowledge of what i Know. I don't use the red book for grading never will

I have read about the possiblities of a coin being downgraded because of this so you don't know what you are talking about. I read an article in coin world years ago so do not tell me what I know ,and I surely don't have to explain it to you.

Joe

 

looking at your avatar is even more scary and weird and evil I wouldn't talk/:bigeyes::bigeyes::bigeyes::bigeyes::bigeyes::bigeyes:

 

Why don't you just be a man, admit you are wrong, and thank the experts here for teaching you something new? Your stubborn persistence in defending such an obviously incorrect position isn't really reflecting well on you as a dealer.

 

I;m not wrong I don't think you are a man how you keep elaborating on the subject and just don't let it go. I know your kind.I sell plenty of coins and have a good reputation, boy are you wrong.I think you are missing the whole concept of what i;m saying anyway and i;m not going to explain anymore.
Joe

 

I have a question.

When submitting a coin to NGC, don't they keep records? Also, can't you view the record online?

I ask because I think JC should be able to retrieve the information on the one he submitted and then he'd have the proof necessary to back up his claim. With that, there would be no argument.

Ribbit

 

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