Thoughts on this Peace dollar?

Wahoo554

I recall seeing this pop up in threads a while back when it first listed. Was stunned to see a final APR of $3,360. Anybody care to argue that this is not AT?

https://coins.ha.com/itm/peace-dollars/1925-1-ms63-pcgs-pcgs-population-14638-33674-ngc-census-16215-40062-cdn-52-whsle-bid-for-ngc-pcgs-ms63-mintag/a/60245-93488.s

U1chicago

It has the look of gassed slabs from edynamicmarketing. I'm surprised this one keeps selling for so much.

Crypto

Toneheads often suspend critical thinking for a good story and pretty. Peace dollar toneheads don’t even need that much pretty all they need is plastic and it must be legit right. Better their money than mine, collect what you like

airplanenut

I think that coin looks hideous and I’d have no interest in it, let alone at an astronomical price. I can’t defend the color and I don’t know what others are seeing in it. Pretty toned peace dollars do exist (hard as they may be to find) and I have no idea why someone with the money to get one of those would buy this.

BryceM

It's worth un tout petit peu more than melt value to me.

Dave99B

AT. Ugly too.

Dave

vulcanize

Interesting.
I have an ideal "experiment" candidate in a 1925 Peace dollar from PCS stamps and coins that my son got for 25$. However am very intrigued by what looked like a spot of dirt but seems to be a very tiny D above the N

ChrisH821

AT or not, I don't like it. The splotchy 28-P from the same sale is much more attractive IMO and sold for roughly 1/3 that price.

pmh1nic

I like it.

ShaunBC5

I’d pay $100 for that coin, probably. I like the color on it if I’m not analyzing how I think it got there.

Twobitcollector

but not for me

ricko

The only way I would own that coin, is if given as a gift.... and then it would be cracked and dipped. Cheers, RickO

TwoSides2aCoin

@ricko said:
The only way I would own that coin, is if given as a gift.... and then it would be cracked and dipped. Cheers, RickO

Then, it might make an MS 62, on resubmission. Of course it's in an MS 63 holder currently.

gtstang

That coin was not toned like that when it was originally holdered. It is obviously gassed and has the very same look as other ms63 Peace dollars that have been solidly proven to have been gassed in the holder.

I'm wondering if the buyer were to send it to cac and it came back as noted AT would Heritage offer to buy this coin back or is it a situation of buyer beware?

P0CKETCHANGE

@gtstang said:
That coin was not toned like that when it was originally holdered. It is obviously gassed and has the very same look as other ms63 Peace dollars that have been solidly proven to have been gassed in the holder.

I'm wondering if the buyer were to send it to cac and it came back as noted AT would Heritage offer to buy this coin back or is it a situation of buyer beware?

I wouldn’t think that Heritage has any obligations regarding the opinions of a third party that had nothing to do with the coin being auctioned, but I’d ask the same question about the result if sent back to PCGS for evaluation. Does Heritage have any obligations at that point? I assume no, but perhaps they would want to protect their reputation and would make it right for the buyer.

P0CKETCHANGE

Here is the coin in question so folks don’t have to click out of thread (photos are credit Heritage):

johnny9434

i prefer the one above. all nice coin over all

Jzyskowski1

Interesting 🤨

rooksmith

I've seen better...

nwcoast

Well, since you asked.
It looks solid for the grade.
The 1925 P Peace is quite common in 63 and price guide is about $80.
Toning is very uncommon in this series for a variety of reasons.
Some folks REALLY LIKED the toning on this piece and were willing to bid it way up.
Personally, If I was going to spend that much on another Peace, I would go for a booming lusterous high grade example, or a solid key date.
Just my two cents.
To each their own.