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Peace Dollar horror story!!!! boo-hoo-hoo

keetskeets Posts: 25,351 ✭✭✭✭✭
Back at our February coin club meeting there was a 1926 Peace Dollar in the auction. A local flea-market dealer entered it and told me after the meeting that he purchased it from a woman who came up to his table and inquired about her late husbands collection. It was just a superb looking coin, well struck, nice luster, white and very clean with a barely noticeable mark on Miss liberty's nose and two light contacts mixed into the eagles breast. I had the coin graded as a certain MS64 with a shot at MS65. I bowed out and the coin sold for $58. My reasoning for not bidding longer being that the lighting at meetings and shows is so bad----flourescent----that scratches/hairlines not apparent become real eyesores under my lights at home.

The sad ending to the story is that the winner of the coin received it back from ANACS graded MS66!!!!!! Wowzer!!!! That one hurt!!!! The moral for me is to trust my instincts and hang it out there sometimes.

Ever had something like that happen?

Al H.image

Comments

  • I just went back to local dealer to get a roll of 1965 kennedys that I could'nt decide on a few days ago and they were sold and gone, nice one's too. But while I was there I looked at a BU roll of 1972 washington's and brought them home and almost all of them have nice luster and some toning. Most should grade MS66 with a couple possible going MS67,hardly any marks on them and good strikes. So you win some and you lose some. image

    Pennies make dollars, and dollars make slabs!

    ....inflation must be kicking in again this dollar says spend by Dec. 31 2004!

    Erik

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