My 1928 Peace Dollar

Tried to take a couple of good pictures and they came out OK - a little blurry, a little dull. What do you think of it?

:hail: let's hear your comments. thanks!

 

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Nice coin! I am guessing EF-45 although the pics are a little blurry and can be deceptive when taken with the coin in a plastic holder.


Frank

 

I'm thinking more like AU58---my dad has an NGC AU55 I think it is and while the detail is great the luster isn't as good as this one---if it wasn't for the light wear I think I see on LIBERTY's hair and that good nick on the face I could see it grading a nice MS!

Speedy

 

It might even go to AU-50+.I can't tell if the hair on Miss Liberty is flat because of wear or a soft strike.
In any case,as you know,this is THE key date if it's a Philly...and I don't see an "s" on there.
BooCoo Bux!

 

It's graded by one of the lower-tier companies as "MS-63" LOL

I'm going to send it to NGC and I was hoping for AU-50 minimum. But because it's the key peace dollar, even if it grades less, it still "books" for less than I paid for it.

It's got nice eye appeal as well. I had to hold a magnifying glass over the camera lens to get a somewhat clear picture, but I really should get some stronger magnifying tools.

 

Careful,NGC is very picky if they detect obvious cleaning and might bodybag it.
Personally,I'd send it to ANACS but that's just me.The worst that might happen is you'll get a grade of AU50,cleaned in their old holder and the best case scenario would be that it'll get an MS grade in their new holder.

 

Possibly cleaned, so better to photograph without holder.
Try again, without holder
The Other Frank, or Frank #2, or: Frank, Hey Forgitaboudit.

 

Looks AU-50/53 to me. Nice Key date.

Ben

 

Regarding cleaned coins - I know one way to detect it is unusual luster. Another way is patterns of small abrasions on the surface. I can't get the coin out of the holder, but using my magnifying glass, I don't see the sort of pattern of abrasions that I have seen before on cleaned coins.

Not 100% accurate, but is my method correct? Is there anything else I can try?

 

Its a hard call with Peace dollars becuase many of them really dont have the best strike. I have a 1928 S graded by NGC as MS65, that i would have said was ms62 or 63 tops. but the guys at NGS know what there doing. So i will leave it alone. IMO if ever in dought send it to anacs

 

You can't get it out? Is is slabbed? By who (what company?)

 

It is slabbed by SEGS. I realize that they're definitely 2nd tier (at best), but the reason why I picked it up is because they're still at least recognized by Grey Sheet and I got a price that's less than a VF 1928 Peace Dollar.

 

It looks like it is in the AU range, perhaps MS if there was a better picture. What did SEGS grade it as?

 

To crack it out and not hurt the coin do this---
Take the slab to a floor that is concrete---or something like a concrete block---also take a hammer....hit the slab with the hammer on one of the 4 edges of the slab---just let the hammer bounce off the slab---do it about twice and then chance to another one of the edges...so on and so forth till you get back to the one you started on-----if the slab isn't open by that time do it all over again till you can feel the slab almost just opening up---when that happens quit and just pry the two halves apart---if they won't come at first hit the side that isnt' cracked totally....

Speedy

 

What was SEGS's grade? Any problems noted on the slab?

 

Graded by MS-63 by SEGS. No problems noted on the slab. I figured that SEGS would get the cleaning right and thought it would have a decent shot of at least AU50 and up.

This was the reference to Grey Sheet that I mentioned before:

http://greysheet.com/cdn/cdnccmi.asp

 

They are usually pretty conservative.
SEGS is not a bad company, just not top tier.

Nice buy at VF.

 

Peace dollars almost always look AU to me because of the strike. Yours is a particularly nice one in my opinion. I hear different things about SEGS. Some say second tier but I've read other opinions that they are up there with PCGS and NGC.

 

If so, you got a great deal.
VF= $475
MS-63= $900

Nice catch.

 

Thanks!

Thanks for the tips guys - I didn't know that SEGS was decent but now I am confident that I can get the coin graded nicely by NGC.

My goal is to collect a Peace Dollar set, but this one (and the 1921 High Relief) are going to be slabbed. I will try to post the 1921 later on if you'd like to check it out!

Thanks again.