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MS65 Plus Star Peace Dollar Value?

PortrossPortross Posts: 85 ✭✭✭
in U.S. Coin Forum

This coin has a “plus star” designation, interesting toning and is priced at twelve times the 65+ value. What value does a star actually add to a coin? I know that NGC awards a star for “exceptional eye appeal” but this seems subjective. Seller’s photos are all like this.

https://www.ebay.com/itm/POP-1-1923-PEACE-DOLLAR-NGC-MS65-PLUS-STAR-THE-ONE-AND-ONLY-PLUS-STAR-/265397442418?mkcid=16&mkevt=1&_trksid=p2349624.m46890.l49286&mkrid=711-127632-2357-0

Comments

  • MsMorrisineMsMorrisine Posts: 33,718 ✭✭✭✭✭
    edited November 8, 2021 6:36PM

    Value added is also subjective

    And asking is not the same as getting

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MFeldMFeld Posts: 14,025 ✭✭✭✭✭
    edited November 8, 2021 7:09PM

    This coin has a “plus star” designation, interesting toning and is priced at twelve times the 65+ value. What value does a star actually add to a coin? I know that NGC awards a star for “exceptional eye appeal” but this seems subjective. Seller’s photos are all like this.

    While the “Star” is a designation, the “+” is part of the grade. There’s no formula to determine how much of a premium a “Star” designated coin will bring.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • pmh1nicpmh1nic Posts: 3,295 ✭✭✭✭✭

    It wouldn't matter to me if it had the Milky Way galaxy on the label I'm not paying a 12x premium.

    The longer I live the more convincing proofs I see of this truth, that God governs in the affairs of men. And if a sparrow cannot fall to the ground without His notice is it possible for an empire to rise without His aid? Benjamin Franklin
  • airplanenutairplanenut Posts: 22,250 ✭✭✭✭✭

    Until some much more convincing photos get taken, that coin isn’t worth any premium to me.

    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • CryptoCrypto Posts: 3,740 ✭✭✭✭✭

    Nuts

    11.5$ Southern Dollars, The little “Big Easy” set

  • Steven59Steven59 Posts: 9,077 ✭✭✭✭✭

    Yikes! One of them "I really don't want to sell it" prices.

    "When they can't find anything wrong with you, they create it!"

  • MsMorrisineMsMorrisine Posts: 33,718 ✭✭✭✭✭

    Yeah, this is a coin looking for a trueview

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Che_GrapesChe_Grapes Posts: 1,884 ✭✭✭✭✭

    Pocket change

  • braddickbraddick Posts: 24,239 ✭✭✭✭✭

    I would love to see what that Peace dollar really looks like in hand.

    peacockcoins

  • 291fifth291fifth Posts: 24,461 ✭✭✭✭✭

    Just another common date Peace Dollar. I would pay no premium for it.

    All glory is fleeting.
  • keetskeets Posts: 25,351 ✭✭✭✭✭

    was there ever a time when NGC would have graded a coin as MS65+W* if it met there criteria?? I have always felt all the "add-on's" after the grade were a bit over the top. JMHO, of course, since I know many, many others like them.

  • MFeldMFeld Posts: 14,025 ✭✭✭✭✭

    @keets said:
    was there ever a time when NGC would have graded a coin as MS65+W* if it met there criteria?? I have always felt all the "add-on's" after the grade were a bit over the top. JMHO, of course, since I know many, many others like them.

    I think NGC stopped using the "W" designation prior to the introduction of plus grades.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • AMRCAMRC Posts: 4,280 ✭✭✭✭✭

    The "value" of the coin is whatever someone is willing to pay for it.

    MLAeBayNumismatics: "The greatest hobby in the world!"
  • moursundmoursund Posts: 3,207 ✭✭✭✭✭

    @AMRC said:
    The "value" of the coin is whatever someone is willing to pay for it.

    Ready, willing, and able to pay for it...

    100th pint of blood donated 7/19/2022 B) . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.
  • gtstanggtstang Posts: 1,759 ✭✭✭✭✭

    NGC's pics in the cert verify. It's just a wow asking price in a pop 1 grade. Ask yourself if you covered the grade up with no clue what it was and you let the coin speak for itself, would you be willing to pay the ask?

  • Namvet69Namvet69 Posts: 9,111 ✭✭✭✭✭

    Ahhhhh......nope! Obv is not pretty enough for me. Peace Roy

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  • djmdjm Posts: 1,563 ✭✭✭✭✭

    @MsMorrisine said:
    Yeah, this is a coin looking for a trueview

    There is a picture of the coin on the NGC Certification Verification Page for 5742521-008

  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭
    edited November 9, 2021 6:10PM

    Is the star some sort of mechanical error? I don’t see it and I have owned star toned Peace Dollars so I can appreciate the rarity of true rainbow toned coins . This coin looks mediocre to me.

  • MFeldMFeld Posts: 14,025 ✭✭✭✭✭

    @cameonut2011 said:
    Is the star some sort of mechanical error? I don’t see it and I have owned star toned Peace Dollars so I can appreciate the rarity of true rainbow toned coins . This coin looks mediocre to me.

    I seriously doubt it was a mechanical error. We don’t know what the coin looks like in hand and it need not be rainbow toned in order to be worthy of and have received a “Star” designation.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭

    @MFeld said:

    @cameonut2011 said:
    Is the star some sort of mechanical error? I don’t see it and I have owned star toned Peace Dollars so I can appreciate the rarity of true rainbow toned coins . This coin looks mediocre to me.

    I seriously doubt it was a mechanical error. We don’t know what the coin looks like in hand and it need not be rainbow toned in order to be worthy of and have received a “Star” designation.

    No, but a star supposedly has excellent eye appeal. Based on the two sets of photos we have from two independent photographers, the coin doesn’t look like anything special. I’m of course open to the possibility of it looking better in hand, but NGC is notoriously inconsistent with the designation so I am resistant to giving the coin any benefit of the doubt.

  • gumby1234gumby1234 Posts: 5,591 ✭✭✭✭✭

    The toning is nice for a Peace dollar but that coin is not worth 12X to me. Maybe 2X tops.

    Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM

  • moursundmoursund Posts: 3,207 ✭✭✭✭✭

    The posted pictures aren't especially flattering. Coin must look better in hand.

    100th pint of blood donated 7/19/2022 B) . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.
  • HoldTheMayoHoldTheMayo Posts: 130 ✭✭✭
    edited November 10, 2021 5:28AM

    I always judge a coin on if my future kids/grandkids would be honored or horrified to inherit one of my coins.
    Just heard my future unborn kin shrieking after looking at that abomination :# $300 coin max for that grade. Way better toned coins out there, especially with that busted up cheek.

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