New Peace Dollar for the Registry Set
jerseycat101
Posts: 1,352 ✭✭✭✭✭
I've never really attemped a registry set, usually just collecting toned examples of Peace Dollars I liked.
Recently, I decided to put a full set together.
Just filled the 1925-S spot with this neat PCGS MS-63 -
9 more to go and I have a full set (and then focus on upgrading, 1926 doesnt have a TrueView yet)
18
Comments
Looks like a good choice. 25-S only realistically goes up to MS64.
Collector, occasional seller
That's a beauty. Thanks for sharing it with us.
Nice set you are building!
100% Positive BST transactions
I love your set, my friend. Give me a holler if I can be of any help!
Really nice Peace dollar set....That 1923 obverse looks like a stunning coin.... Cheers, RickO
Cool coin.
How'd I know you'd like that one?
Thanks sir. Eventually want to get all coins to 65 min, minus the S-mints
Could someone briefly explain how that coin got an MS63 grading with those gouges in her neck and face? I thought distracting marks were a huge minus.
USAF veteran 1984-2005
That 34-D reverse.......CRAZEEEE!
"Got a flaming heart, can't get my fill"
Nice one!
My YouTube Channel
I'm not a registry guy, but I am a fan of that set!
Tom
Its a fair question. 25-s usually comes baggy. To be sure, there are a few digs on her neck and face, which certainly lower the grade, but the fields and reverse are fairly clean so it seems to have netted correctly as a 63.
Yeah, the S-mints cause certain problems. As I'm sure you know (but others probably don't), the common-date coins in 65 are generally in the $200-300 range, even for nice ones. The semi-keys like the 22-S and 23-S and 34-D run in the $1-2k range. The 27-D is a tough coin to find in 65 and runs in the $4k range, but really nice ones will be north of that.
The keys in 65 are of course the 25-S and 28-S which run between $15-25k and the 34-S runs in the $11k range.
A 24-coin set of coins in MS65 is $93k according to the price guide with 3 coins accounting for 60% of the cost (25-S, 28-S, and 34-S). In my top-10 registry set, I never had gem examples of the 24-S, 25-S or 28-S.
My favorite, as others have also noted, is your 34-D. There's loads of character in that one.
Some may find this interesting, from the PCGS Price Guide at MS65:
1921........... $4150
1922..............$225
1922-D..........$575
1922-S.........$1150
1923..............$215
1923-D........$1300
1923-S.........$2150
1924..............$200
1924-S.........$6500
1925...............$215
1925-S.......$28500
1926...............$550
1926-D.........$1050
1926-S............$850
1927.............$1800
1927-D.........$4000
1927-S..........$6000
1928.............$4500
1928-S.......$15000
1934...............$850
1934-D........$2000
1934-S.......$11000
1935..............$750
1935-S.........$1700
Spectacular peace dollar set that you’re building.
Thanks for sharing your pix.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
It looks correctly graded to me. There's a ton of room between MS70 and MS63. Most MS63 Peace dollars will have quite a few bag marks. The few that don't generally have lousy luster. IMO, Peace dollars aren't all that attractive below MS64, and they aren't really stellar until the MS66 neighborhood. In that neighborhood they hold their own compared to other US issues. The 25-S is one of the most poorly made US coins of the early 1900s, with no extant coins grading higher than MS65 at PCGS.
This is supposedly the criteria used for grading MS coins, but when it comes to Peace dollars, I'd say luster and strike are more heavily weighted. Strike drags down most examples. Eye appeal very seldom adds much, as they just don't tone that nicely. I can honestly say I've never seen a 25-S that I thought was attractively toned. Some are OK, and the coin shown by the OP is about as good as it gets for something with color and character. Still, many would see the mottled reverse as a net negative.
Spot on. For the commons (22p, 22d, 23p, 24p, 25p, 26p, maybe a few more), i plan to go at least MS-66.
For the tough s-mints you mentioned, 64 is probably the max on my budget.
Price guides on silver dollars are not really accurate. I'm regularly outbid on MS 65 and 66 Peace dollars at these levels
What a wonderful NEWP! The reverse of that 25-S is spectacular!!
You are building a very interesting set. Lots of character with those coins. Really, really like some of them.
Great comments in this thread too!
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
Of course they're not accurate, especially for exceptionally nice or exceptionally terrible coins. They're a guide. Apart from true generics (like MS62 Saints or VF 1921 Morgans), the same can be said of every series in numismatics.
I was attempting to illustrate the relative prices of each issue. For some series, most of the coins trade at a relatively set level, with only a couple of keys. In Peace dollars, the relative condition rarity (and by loose extension, price) is kind of odd at different grade levels. The 1928 is the overall key date coin, but comparatively common at MS65. The 34-S is the key mint-state coin, but not at MS65 and MS66 levels.