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Please grade my new 1927 S Peace Dollar
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<p>[QUOTE="lkeigwin, post: 1377080, member: 30400"]I would say 61-62. I would be very surprised if a dealer offered more than $200.</p><p><br /></p><p>Don't get me wrong...it's a nice enough coin. But dealer's have to mark up to make a profit and the coin is raw and not exceptional.</p><p><br /></p><p><br /></p><p><br /></p><p>During the 3-4 days in 1921 when high relief peace dollars were struck the Mint quickly concluded that it could not continue for future years. Dies were breaking due to the extreme pressure needed to strike up the coins. The design did not lend itself to ideal metal flow. Prominent devices are opposite one another.</p><p><br /></p><p>So a decision was made, after lots of failed experiments with different relief, to strike all future years dollars with a lower relief design. New hubs were created. Lettering on both sides was made broad and flat. Both obverse and reverse lettering and numerals were poorly defined. Device high points were flat.</p><p><br /></p><p>It's really too bad how things turned out. I love the design but there are lots of compromises.</p><p>Lance.[/QUOTE]</p><p><br /></p>
[QUOTE="lkeigwin, post: 1377080, member: 30400"]I would say 61-62. I would be very surprised if a dealer offered more than $200. Don't get me wrong...it's a nice enough coin. But dealer's have to mark up to make a profit and the coin is raw and not exceptional. During the 3-4 days in 1921 when high relief peace dollars were struck the Mint quickly concluded that it could not continue for future years. Dies were breaking due to the extreme pressure needed to strike up the coins. The design did not lend itself to ideal metal flow. Prominent devices are opposite one another. So a decision was made, after lots of failed experiments with different relief, to strike all future years dollars with a lower relief design. New hubs were created. Lettering on both sides was made broad and flat. Both obverse and reverse lettering and numerals were poorly defined. Device high points were flat. It's really too bad how things turned out. I love the design but there are lots of compromises. Lance.[/QUOTE]
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Please grade my new 1927 S Peace Dollar
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