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<p>[QUOTE="Gregg, post: 2874624, member: 90419"]My father and I recently started collecting coins. He was stashing silver rounds in preparation for the coming zombie apocalypse and I suggested that it may be more interesting to piddle around with low grade silver dollars - you get a little bit of history that way and you don't have to pay much more than the coin's spot silver value.</p><p><br /></p><p>We went with Peace Dollars because they're a really short series and readily available in low grades with only a couple of difficult dates.</p><p><br /></p><p>We also decided to start with the 1922/1923 dollars knowing that, as clueless beginners, we were going to get burned - this was our way of limiting our losses. The goal was to build a collection of a couple of dozen AU/MS dollars, have them graded, and then use the cleaned/wire brushed/polished examples as tools for learning what to look for in a Peace Dollar.</p><p><br /></p><p>As it stands we now have one of the world's finest collections of cleaned/brushed/polished Peace Dollars.</p><p><br /></p><p>You don't only learn about Peace Dollars this way, you also learn about dealers. For example, at our first coin show the kindest and most personable old gentleman sold my father and I five beautiful Peace Dollars <i>- all of which have been cleaned. </i>Not only were they cleaned, but in my small collection they're the most expensive ones I've purchased short of a PCGS slabbed MS63. </p><p><br /></p><p>I still have that guy's card. </p><p>He won't be getting more of my business.</p><p><br /></p><p>The point is: We can now look at these Peace Dollars and know why we wouldn't ever purchase such a thing in the future. I value these because there just is no better learning tool.</p><p><br /></p><p>********************************************************</p><p><br /></p><p>My father is attempting to collect AU 58 Peace Dollars but we like picking them raw and sending them in to be graded so that we learn to grade for ourselves. <i>He's the only person I know that will send in a coin and be upset that it came back a grade or two higher than he expected.</i> </p><p><br /></p><p>"Oh rats, it is Uncirculated!"</p><p><br /></p><p>********************************************************</p><p><br /></p><p>At our second coin show (Lansing, MI) I entered a raffle and won first prize. I told the guy on the phone that I was a little bummed because I wanted seventh place which was a 1925 Peace Dollar. He said, <i>"But the 1853 half penny is quite a bit more valuable." </i>The problem is, what would a half penny get you in the zombie apocalypse. </p><p><br /></p><p>Nothing, that's what.[/QUOTE]</p><p><br /></p>
[QUOTE="Gregg, post: 2874624, member: 90419"]My father and I recently started collecting coins. He was stashing silver rounds in preparation for the coming zombie apocalypse and I suggested that it may be more interesting to piddle around with low grade silver dollars - you get a little bit of history that way and you don't have to pay much more than the coin's spot silver value. We went with Peace Dollars because they're a really short series and readily available in low grades with only a couple of difficult dates. We also decided to start with the 1922/1923 dollars knowing that, as clueless beginners, we were going to get burned - this was our way of limiting our losses. The goal was to build a collection of a couple of dozen AU/MS dollars, have them graded, and then use the cleaned/wire brushed/polished examples as tools for learning what to look for in a Peace Dollar. As it stands we now have one of the world's finest collections of cleaned/brushed/polished Peace Dollars. You don't only learn about Peace Dollars this way, you also learn about dealers. For example, at our first coin show the kindest and most personable old gentleman sold my father and I five beautiful Peace Dollars [I]- all of which have been cleaned. [/I]Not only were they cleaned, but in my small collection they're the most expensive ones I've purchased short of a PCGS slabbed MS63. I still have that guy's card. He won't be getting more of my business. The point is: We can now look at these Peace Dollars and know why we wouldn't ever purchase such a thing in the future. I value these because there just is no better learning tool. ******************************************************** My father is attempting to collect AU 58 Peace Dollars but we like picking them raw and sending them in to be graded so that we learn to grade for ourselves. [I]He's the only person I know that will send in a coin and be upset that it came back a grade or two higher than he expected.[/I] "Oh rats, it is Uncirculated!" ******************************************************** At our second coin show (Lansing, MI) I entered a raffle and won first prize. I told the guy on the phone that I was a little bummed because I wanted seventh place which was a 1925 Peace Dollar. He said, [I]"But the 1853 half penny is quite a bit more valuable." [/I]The problem is, what would a half penny get you in the zombie apocalypse. Nothing, that's what.[/QUOTE]
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