I have never seen one of these before and was wondering if it was real. Of course, I don't have the funds to purchase such a coin (and if I did, it would surely be certified). The finish on the coin has an artifical appearance to it, is that how these proofs usually look? Again, I have never seen such a coin and was curious about it. http://cgi.ebay.com/1922-Satin-Proo...5QQihZ010QQcategoryZ11980QQrdZ1QQcmdZViewItem
No, the proofs don't look too much different than the business strikes, but that coin looks like it had a rag taken to it.
$7 seems like a fair price to me. Oh, wait a minute, that's the shipping charge. That guarantee of a refund if a TPG disagrees with his attribution is about as valuable as the proverbial three dollar bill. If the seller really believed his description, he would have it in a PCGS/NGC/ANACS slab.
hmmm, you might be confused. I think you must be quoting the business strike price, but this seller claims the coin is a proof. An authentic Matte proof (which this obviously isn't) 1922 would sell for twice what he is listing it for and in high grade would sell for 3 times or more than he is listing it for. It is excessively rare (less than 10 known pieces)! This coin is polished and the shininess plus the flattened detail in the hair in the last photo are dead giveaways for the polishing.
Unless he already knows they would send it back 'damaged' or 'cleaned' , but I agree with you. If the coin was really that valuable he would get a better price on one of the larger auction houses like Heritage.
If you want to see what genuine 1921 - 1922 Proof Peace dollars, in satin and matte finishes look like - CLICK HERE