Peace dollars, criteria for color premium?
logger7
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What are the criteria for Peace dollars to be worth more due to attractive colors?
I got this one back from a different grading company with attractive color:
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Finding someone with money to burn that thinks toned Peace Dollars are worth a big premium ... but ... only if it has the "look" they like.
If that coin has color worthy of a premium, its not apparent to me in your images.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
There are no hard and fast "criteria". It's worth what you can sell it for. When it comes to selling toners, it's entirely dependent on the quality of the photographs.
Blast white for me
Can we get some pics that show the toning?
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Depends on how much premium the color is ascribed to the Peace dollar by the seller and buyer.
Some Peace dollars tone a khaki-green color that I don't find attractive and wouldn't pay a premium for.
Most Peace dollars do not tone anywhere close to what Morgan dollars do, so I give them a little latitude in their color progression and intensity.
"Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."
~Wayne
I have seen some Peace Dollar that look to have mediocre toning (in my opinion) still bring a premium. Given that toning is relatively harder to find (especially nice toning) on Peace Dollars, that helps dictate the higher premiums.
Here are a few examples (not mine) that I would consider high end for a Peace Dollar and worthy of significant color premiums:
https://www.greatcollections.com/Coin/498915/1922-Peace-Silver-Dollar-PCGS-MS-66-Toned
https://www.greatcollections.com/Coin/780785/1922-Peace-Silver-Dollar-PCGS-MS-64-Toned
https://www.greatcollections.com/Coin/591423/1922-Peace-Silver-Dollar-PCGS-MS-62-CAC-Green-Toned
Agreed with all the comments so far. If you have a really attractive original gem example with great luster and attractive, semi-vibrant pastels- it’s going to command a solid premium despite not being having full blown rainbows. How much will depend on how the coin presents… the same pastels on a dipped out example with dead surfaces, not so much.
I paid a stupid premium for this coin but I say “wow” every time I view it, the TV gives an idea but it’s really something in hand.
AU58 CAC
The way I’d think about it is this: ugly color doesn’t command a premium, regardless of how uncommon color is within a given series. Attractive color will likely command more of a premium for a series where it’s not common (peace dollars) versus a series where it’s more common (such as Morgans). And as the color gets more impressive, it’s that much less common, so the premium rises well past what you’d pay for a series where it’s more common.
Both of these would carry a premium as Morgan dollars (the 1921 not much, though as a peace dollar it’s a date uncommon with color in a series not known for color), but for peace dollars, they’re really impressive coins.
If this coin wasn't in a details holder.
The first criteria for a strong premium is to get the colorful coin into a PCGS, NGC or CACG holder.
I tried one time with this one, it was bodybagged.
Click on this link to see my ebay listings.
What do you think of this one, not mine. Should it command a large premium?
Here is my contribution to this thread
MS64 - Would it warrant a premium for it's toning?
I'd think it would.
The common certified Peace dollars, many are lustrous and white carry little in the way of a premium, there are so many of them. Those that have achieved attractive and unique toning are worth good money. How much? Only the collector's demand and the marketplace can determine that, and the sharp distinction between real and artificial toning.
Here's my contribution
The TV makes it look darker then in hand
Mike
My Indians
Danco Set
I almost like it, based on the photos. How does the light reflect off the metal underneath the color?
My Peace dollar has blazing luster under the toning. Viewed in hand under good lighting the coin looks great.
I personally don’t collect dollar coins, but whenever I see a nicely toned Peace dollar at a coin show, I’ll usually buy it if the price is reasonable, and I’ll then flip the coin on eBay. I’m looking for colorful rim toning, or coins having an arc of color, esp on the obverse. I’ve noticed they bring strong money on The Bay. There are people looking for nicely toned Peace dollars, and many will overpay for them.
Dave
Then I like it. The premium i'd pay honestly would depend on my mood if i saw it for sale.