Rainbow Toned Peace Dollars - PCGS CAC
Over the years, I've been impressed by colorful Peace dollars, given how rare they seem.
Here's a stand out 1922 PCGS MS62 CAC that Legend just sold for $2,350.00 a few weeks ago on May 14. That's a very strong toning premium considering the PCGS Price Guide price is just $40.
Grade: PCGS MS62 CAC
Legend Color Rating: 9.5 / 10.0
- https://www.pcgs.com/cert/80469334
- https://legendauctions.hibid.com/lot/64274999/-1-1922-pcgs-ms62-cac
Here's the Legend description for lot 217:
The majestic blend of amazing color on this dramatically toned Peace dollar is truly captivating and alluring! Having seen (and rejected) many toned Peace dollars, this one is the REAL DEAL!
Vivid golds, oranges, blues, and greens swirl together on the obverse. The satiny underlying luster glows wonderfully, accenting and backlighting the color bringing it to its full visual impact. We rate the color a 9.5 on our 10-point color scale.
These are ultra rare and ultra popular. Many of the "monster toned" Peace dollars are not CAC approved for a reason. This one has a great look and will bring very strong bidding. We note in our December 2019 Regency Auction a reverse toned MS62 CAC sold for $3,643 (an all time record for the grade). This coin, with its color on the obverse should see very strong bidding as well! Good luck!
Comments
That's a very nicely toned Peace $. I recently acquired a 1922 Peace $ with some great toning that I'm about to submit to Pcgs. It's not fully toned like that example, but very nice as well.
I have a 22 peace dollar, but not toned like that one! Wish I did, I would sell if it brought that much!🙂
Here's the $3,643 coin that was mentioned in the auction description.
Imagine having these 2 in a dual-coin holder?
Grade: PCGS MS62 CAC
Legend Color Rating: 10.0 / 10.0
Here's the Legend description for lot 514:
Here are the 2 slab photos together:
I would be interested in HRH's opinion on these two. my question on these type of toned Peace Dollars is why they tend to be restricted to a few of those most common dates.
It's crazy but nice ... toning is in!!
That coin does nothing for me.
Those are wild! I like both coins.
A 9 yr old discussion on the whys and why nots of colorful MS Peace Dollars. There's no sure answer other than there aren't many of them.
https://ngccoin.com/boards/topic/235598-some-thoughts-on-toning-of-peace-dollars/
I think you (at least partially) answered your own question. Since Peace Dollars rarely tone in beautiful hues, it makes sense and the odds are, that the ones we tend to see are the far more prevalent, common date examples.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I don't find either coin particularly attractive and I'm a fan of toned coins generally. I think it's the intensity and likely darkness of the colors that do not inspire.
"Got a flaming heart, can't get my fill"
Generally purchasing "rainbow toned" Peace dollars is like ordering some spaghetti with marinara sauce, and you get egg noodles and ketchup.
Very few come even close as the rarified examples within this thread.
Here is a toned peace dollar that is unbelievably attractive! IMO. P65 CAC. The pictures do not show the true beauty of the coin.
None of those look attractive to me.
I kind of like the reverse on the second one, although I wouldn't pay moon money for it.
A "Golden Peace Dollar". Very nice.
For these eyes too flat,dull. No brilliance. And too much of Christmas holiday like colors. Okay for others, but not for me.
Great coin @ironmanl63 ! I love the luster on that one!
This Dale Larsen coin sold for $7,975! What's amazing is that Great Collections didn't even have a description for this coin.
Grade: PCGS MS65 CAC
Price: $7,975.00, Great Collections, Aug 21, 2016
PCGS Price Guide: 1,250.00, June 6, 2020
Unfortunately, the cert no longer validates. Anyone know the current cert number?
I think the obverse is the best side of that coin.
The reverse on the PCGS MS65 CAC looks psychedelic.
I wonder what the current cert number is and if it's in a registry set.
If you are referring to the one I posted it is in my set. When I look at it in hand I drool. The luter turns pink when you twirl the coin. That pink with the powder blue on the reverse is not like any coin I have ever seen. psychedelic does come to mind while viewing it.
It looks like @Zoins is referring to the 1934-D
Nothing is as expensive as free money.
Yes, I was referring to the Dale Larsen coin.
I think @ironmanl63 's coin has the most luster and is what I normally expect on Morgans.
The other toned Peace dollars here have color but don't appear to have that much luster, particularly on the monster color side.
Currently MS66:
Currently in the #42 ranked Peace dollar set:
https://pcgs.com/setregistry/alltimeset/217144
Awesome! Thanks for finding it.
Just looked it up. This Ex-Larsen coin is currently in the San Diego Collection and is not showing up as CAC.
The whole set is toned. Worth a look if you're into Peace toners!
https://pcgs.com/setregistry/alltimeset/217144
The mega rainbow obverse ‘22 appears to have quite clean fields overall—cheek marks hold it back—but still......62? That makes me think the grader wasn’t all that impressed by the rarity of toned Peace dollars. Not even a +. Perhaps they net graded it. And no sniffer shield slab?
The coin appears to lack luster. I don't agree that rarity of toning on a particular issue should bump its grade. JA seems to concur, FWIW.
I think you (at least partially) answered your own question. Since Peace Dollars rarely tone in beautiful hues, it makes sense and the odds are, that the ones we tend to see are the far more prevalent, common date examples.
the cynic in me would consider that if someone were to "cook" a Peace Dollar to attain color these dates in these grades would be the choice. I guess it all depends on what we want to believe.
We’ve all seen toners where we can only guess that bumps for special color happened - I‘m on the fence about that practice. With this one, technically most 62’s look a lot more beat up—perhaps dull luster was a factor. But I also think this one could be in a details-questionable color slab.
Sure, anything is possible and we'll never really know. I'm not denying that gorgeous color coins get grade bumps, but gorgeous is very subjective, and that particular coin falls short of it, to me anyway. YMMV.
Not a fan. The toning looks suspect to me...I’m honestly a little surprised it straight graded.
Dave
I dont like either of the coins at the top of this thread.
I do like the Larson 34D.
Which coin? Every coin in this thread (so far) is straight graded PCGS CAC. The only exception is the Larsen 34-D which is non-CAC after upgrade, but CAC before the upgrade.
@Zoins - The first coin....1922 PCGS MS62
Dave
First coin is suspect for sure.
Felling really old seeing these as I recall when common dated colorfully toned Peace dollars in low MS grades sold for about $70-ish.
The white spots on the reverse of the 34-D did not tone as there was trace remaining die grease present in those areas.
1921 Peace Dollar - PCGS MS65+ POP 74/215 CAC
https://www.pcgs.com/cert/41080790
Another CAC LRC 9.5 coin just showed up. Just adding here for posterity and to compare with other coins.
Please discuss here: https://forums.collectors.com/discussion/1067966/gorgeous-toned-1925-peace-dollar-on-legend-auctions#latest
1925 Peace Dollar
grade: PCGS MS64 CAC POP 22,534/12,281
toning: LRC 9.5
cert: 7365.64/42137527
@Hadleydog posted this PCGS CAC here:
https://forums.collectors.com/discussion/comment/12402039/#Comment_12402039
Here's the TrueView: