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Peace Dollar - The learning of a lesson
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<p>[QUOTE="tommybee, post: 979655, member: 24999"]Max -</p><p> </p><p>The 1928 was beautiful. It was blast white. Maybe a little too white. I checked if for hairlines, but the light wasn't very good. I looked for the cartwheel and it just didn't look right. '28's are usually pretty well struck and have nice cartwheel luster. My gut was that it had been dipped too many times and it impaired the luster. I would also not be suprised if it had been mechanically cleaned at some point. It was still an awesome looking coin though. Too awesome. </p><p> </p><p>I asked the dealer where he got it and he said he thought he bought it from another dealer..he wasn't sure. I call BS on that as aside from the 1934-s, high grade '28's are the key to the Peace Dollar series. I asked him why he hasn't sent it in for grading and he said he probably would if he couldn't sell it raw at that show. </p><p> </p><p>He knows that coin would come back in a bag and there is no way he's sending it in. Also, he offered my MS 62 price on a coin he said was MS 64. That is another red flag. There is quite a price jump between those two grades. Why would he cut me a deal...a guy he's never met before. Remember, there are no STEALS in this hobby.[/QUOTE]</p><p><br /></p>
[QUOTE="tommybee, post: 979655, member: 24999"]Max - The 1928 was beautiful. It was blast white. Maybe a little too white. I checked if for hairlines, but the light wasn't very good. I looked for the cartwheel and it just didn't look right. '28's are usually pretty well struck and have nice cartwheel luster. My gut was that it had been dipped too many times and it impaired the luster. I would also not be suprised if it had been mechanically cleaned at some point. It was still an awesome looking coin though. Too awesome. I asked the dealer where he got it and he said he thought he bought it from another dealer..he wasn't sure. I call BS on that as aside from the 1934-s, high grade '28's are the key to the Peace Dollar series. I asked him why he hasn't sent it in for grading and he said he probably would if he couldn't sell it raw at that show. He knows that coin would come back in a bag and there is no way he's sending it in. Also, he offered my MS 62 price on a coin he said was MS 64. That is another red flag. There is quite a price jump between those two grades. Why would he cut me a deal...a guy he's never met before. Remember, there are no STEALS in this hobby.[/QUOTE]
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