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Thoughts on Restoring This Peace Dollar

scotty4449scotty4449 Posts: 715 ✭✭✭✭✭

I recently picked up this 66+ CAC Peace Dollar at a great price. I wasn't sure about the toning, and now that I have the coin, I just don't like it. The obverse is OK, but the reverse is just a hazy light brown. I can see tons of luster under the haze just begging to be let free. What do you all think, would this coin benefit from a PCGS Restoration?

Thank you all!

Comments

  • scotty4449scotty4449 Posts: 715 ✭✭✭✭✭

    @Broadstruck said:
    Sell it and buy a bright white 66+ CAC as some might actually like the look of this coin as is.

    That's the other option. I am fairly certain, with a little patience, I could flip this coin for a nice profit.

  • AUandAGAUandAG Posts: 24,780 ✭✭✭✭✭

    Is it toning? If so I think PCGS would pass on restoration on it.

    bob :)

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • ElKevvoElKevvo Posts: 4,118 ✭✭✭✭✭

    The other possibility is removing the toning might expose some other issue that is not optimal to you.

    K

    ANA LM
  • scotty4449scotty4449 Posts: 715 ✭✭✭✭✭

    @AUandAG said:
    Is it toning? If so I think PCGS would pass on restoration on it.

    bob :)

    Good point. It looks less like toning and more like a haze.

  • Che_GrapesChe_Grapes Posts: 1,884 ✭✭✭✭✭


    With this date you can find blast white examples.

  • gtstanggtstang Posts: 1,753 ✭✭✭✭✭

    Too many things going on with this coin to be 66+ imo. I really doubt you would get the booming luster you'd expect if restored.
    If you want to flip it for a profit, the first thing to try for is seeing if it will get a green sticker.
    You would spend far less money than trying restoration.

  • scotty4449scotty4449 Posts: 715 ✭✭✭✭✭

    It's already got the green bean.

  • braddickbraddick Posts: 24,106 ✭✭✭✭✭

    By a restoration:

    This is either a restored MS67
    or a cleaned MS64.

    Good luck!

    peacockcoins

  • scotty4449scotty4449 Posts: 715 ✭✭✭✭✭

    @braddick said:
    By a restoration:

    This is either a restored MS67
    or a cleaned MS64.

    Good luck!

    I was looking through previous posts on PCGS restoration and it is my understanding that if PCGS agrees to the restoration, they will guarantee it will at least keep the current grade.

  • lilolmelilolme Posts: 2,655 ✭✭✭✭✭

    If pcgs will restore it, then I believe you will have a lustrous white 66+.
    The TV indicates some contact marks that might stand out a little more after restoration.
    So the question then becomes will it CAC again after restoration?
    If not, then it appears from recent auction numbers it will be worth about the same as now.
    If it does cac again, then lustrous white 66+ cac appears to have a decent premium (again recent auction numbers).

    https://youtube.com/watch?v=_KWVk0XeB9o - Ruby Starr (from 'Go Jim Dandy') Piece Of My Heart
    .
    https://youtube.com/watch?v=D0FPxuQv2ns - Ruby Starr (from 'Go Jim Dandy') Maybe I'm Amazed

    RLJ 1958 - 2023

  • scotty4449scotty4449 Posts: 715 ✭✭✭✭✭

    CAC on the other hand> @lilolme said:

    If pcgs will restore it, then I believe you will have a lustrous white 66+.
    The TV indicates some contact marks that might stand out a little more after restoration.
    So the question then becomes will it CAC again after restoration?
    If not, then it appears from recent auction numbers it will be worth about the same as now.
    If it does cac again, then lustrous white 66+ cac appears to have a decent premium (again recent auction numbers).

    Agreed, CAC would be the big wild card....if PCGS decides to restore.

  • gtstanggtstang Posts: 1,753 ✭✭✭✭✭

    @lilolme said:
    If pcgs will restore it, then I believe you will have a lustrous white 66+.
    The TV indicates some contact marks that might stand out a little more after restoration.
    So the question then becomes will it CAC again after restoration?
    If not, then it appears from recent auction numbers it will be worth about the same as now.
    If it does cac again, then lustrous white 66+ cac appears to have a decent premium (again recent auction numbers).

    I disagree that it would have the luster that should pop and boom based on the toning.
    If the cert. Number stays the same after restoration, you can probably just send it back to get restickered.
    My opinion, if you don't like it as is, just put it back on the market and move on.

  • scotty4449scotty4449 Posts: 715 ✭✭✭✭✭

    Would CAC simply resticker a restored coin without reevaluating it?

  • lilolmelilolme Posts: 2,655 ✭✭✭✭✭

    The coin got a 66+ and a cac, so I strongly suspect it has good or better luster. It appears to be good in the photo but can't rely on that alone. The toning or haze does not appear that thick and so if pcgs decides to restore it they probably would agree and not impact the remaining luster.

    I am making no recommendation on what should or should not be done. Just offering an opinion based on past experience on some Morgan's.

    https://youtube.com/watch?v=_KWVk0XeB9o - Ruby Starr (from 'Go Jim Dandy') Piece Of My Heart
    .
    https://youtube.com/watch?v=D0FPxuQv2ns - Ruby Starr (from 'Go Jim Dandy') Maybe I'm Amazed

    RLJ 1958 - 2023

  • logger7logger7 Posts: 8,566 ✭✭✭✭✭

    Toned coins like that will never conserve at the same grade. There are many gem dollars with nice toning that just don't dip out or get successful conservations/restorations.

  • ConnecticoinConnecticoin Posts: 12,895 ✭✭✭✭✭

    I think any restoration will more likely make it look worse than better - i can see some marks on the neck that the toning neutralizes somewhat. I would sell and get one I like.

  • lilolmelilolme Posts: 2,655 ✭✭✭✭✭

    @scotty4449 said:
    Would CAC simply resticker a restored coin without reevaluating it?

    The restorations I am familiar with are graded after restoration and given a new cert number. I did have one come back with the same number but don't know why (I even asked someone at the pcgs table and they just said they have seen it happen).

    So I believe the answer to the question is no. Cac will reevaluate the coin.
    I can also say, that pcgs has restored coins with a haze that have failed at cac. When sent back to cac after restoration but at the same grade they have been approved. How often, what % - I don't know, but small and also being selective. Not a regular thing.

    I want to be clear on the previous statement. I am not the expert but saying if the pcgs experts review the coin in hand and determine to restore it, that I and others I know of first hand, have had good results and the luster is generally as good or better since the tone/haze was removed. Pcgs may decide not to restore.

    https://youtube.com/watch?v=_KWVk0XeB9o - Ruby Starr (from 'Go Jim Dandy') Piece Of My Heart
    .
    https://youtube.com/watch?v=D0FPxuQv2ns - Ruby Starr (from 'Go Jim Dandy') Maybe I'm Amazed

    RLJ 1958 - 2023

  • GRANDAMGRANDAM Posts: 8,526 ✭✭✭✭✭

    I don’t think PCGS would restore it,,,,,,, no reason to.

    GrandAm :)
  • GRANDAMGRANDAM Posts: 8,526 ✭✭✭✭✭

    @scotty4449 said:
    Would CAC simply resticker a restored coin without reevaluating it?

    If the cert number stays the same CAC will re-sticker it for just the re-sticker fee: I don’t know if that fee went up with the latest fee increase but it use to be only $3.

    I have had several restorations done and if cert is the same it will get restickered. PCGS will use the same cert number unless the grade changes,,,,, at least that is the way it worked on my restorations.

    GrandAm :)
  • scotty4449scotty4449 Posts: 715 ✭✭✭✭✭

    @GRANDAM said:
    I don’t think PCGS would restore it,,,,,,, no reason to.

    That is a good point. I think I will leave it. The obverse is quite nice, it's the reverse that takes some getting used too. If I can't get over it, I will just sell the coin and get another.

  • NumisOxideNumisOxide Posts: 10,997 ✭✭✭✭✭

    I like it as is! I would just sell it and find a blast white example.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I would just sell it and then buy a Peace dollar that you like. That should be an easy sell and even make a few $$ on it. Cheers, RickO

  • jerseycat101jerseycat101 Posts: 1,350 ✭✭✭✭✭

    I like the look of the coin. I'll trade you my 1922 PCGS MS-66 :)

  • skier07skier07 Posts: 3,989 ✭✭✭✭✭

    If you don’t like the coin sell it and buy one that you like better. Between the sticker, + grade, and positive eye appeal that some have for the coin, you should have no trouble getting top dollar for it on any of the auction platforms.

  • clarkbar04clarkbar04 Posts: 4,947 ✭✭✭✭✭

    Yeah, don't.

    MS66 taste on an MS63 budget.
  • AMRCAMRC Posts: 4,273 ✭✭✭✭✭

    It could use a legitimate bath.

    MLAeBayNumismatics: "The greatest hobby in the world!"

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