Options
Peace Dollar - Would this dollar grade?
Rooster1
Posts: 381 ✭✭✭
There is a black spot on the reverse. I used a toothpick to dislodge some of the crud. Will the spot keep this coin from grading?
Is it worth sending in? It does have a bit of color which actually looks better in hand.
Successful deals with:Ciccio-Nibanny, Wondercoin, Republicaninmass, Utahcoin, Abitofthisabitofthat, Doubleeagles59, Peaceman
0
Answers
Authentication and grading would cost more than the coin is worth.
Would it grade with the spot?
It will likely grade but not worth doing so with that cheek, let alone the spot.
Aercus Numismatics - Certified coins for sale
This coin would likely grade AU55 or so, but could easily be demoted to a details slab. The 1922 Philadelphia issue is the largest single mintage of any US Silver Dollar. They still exist by the millions. They are the opposite of rare. They aren't rare in gem condition. They certainly aren't rare in this condition. The coin is nice enough for what it is, but whatever slight numismatic value it might have is probably lost due to the spot. There is NOTHING to be gained by sending it in for grading. These can be purchased in bag quantity nicer than this from a number of different sources.
Most collectors would consider this toning on this coin to be a mild negative. It doesn't bother me, but I wouldn't pay more than a slight premium over the silver content for it.
It would probably be gradable with the spot. But the cost will be more than the coin's value, and it's very unlikely that anyone would buy the coin - there are thousands of 1922 Peace dollars in slabs without spots.
Thanks for all the replies. I mostly wanted to know if they would grade a coin with such a spot on it.
As far as these being common, I once heard a guy say he thinks they are still minting the 1922 Peace Dollars
Not worth it to grade. I think Bryce was a bit harsh at 55 though, this doesn't look circulated to me and I think it would top out at 63.
Collector, occasional seller
In China.
not for me in that grade to get graded but that's just me, fwiw
It would be a waste to send for grading, though the spot would not prevent a grade. Cheers, RickO
What @BryceM said.
bob
Distinguishing sliders from true MS coins is a key point of grading Peace dollars. To me, rub is evident in the hair curls over the forehead, jawline, and lettering. I also see “graying” of the fields as described well in Wayne Miller’s book. Look at the unprotected parts of the fields between the rays above the eagle. Therefore, 58 details, netted down to 55 for scattered hairlines and the spot.