Somebody wanted this Peace - $700.00 coin sold for $8222.00 w/juice

Crazy4Coins

I posted this before the auction when the bid was at $6300.00.

I guess the bidders were serious and really wanted this coin.

Reality check.... It ain't a 65.. I viewed this coin in person at the show to see what all the fuss was about.

But I bet the consignor is partying right about now.

Some consigners smiling about this one

Randy

flaminio

They gotta be thinking it's a 65, but I don't think I'd gamble on that coin with that money. Still, I presume the high bidders have had a chance to inspect the coin in person, and maybe it is a shot-65.

K6AZ

At least two of the bidders must be on drugs. That's no 65.

Crazy4Coins

My thoughts exactly....

Crazy4Coins

I have 2 @ 64 that both look better than that coin I'd sell right now to them for half their bid.

mercurydimeguy

Unless they have a personal guarantee from someone at PCGS, who has reviewed the coin, that it'll grade a 65.

Sorry to think so deviously, but the thought is not out of the realm of reality.

iras4

<< <i>At least two of the bidders must be on drugs. That's no 65. >>



I've got to agree. It's not only not a MS-65, in my opinion it's only an average MS-64, not even PQ! I have no idea if the dueling bidders are on drugs, howver

haletj

Some of the ms64 Lincolns I was interested are being bid at like they're ms65's. The 12-s might be that nice, the 16-s, I doubt it. I wanted the 19-d too but I think I'm going to give up on it.

Barry

Unless they've seen the coin in person and know something we don't. Don't forget the quality of Heritage's pics.

Dollars

I hate stuff like this. One 64 goes for crazy money and then everyone thinks theirs will do just the same and price em right out of my league.

pharmer

Hey, this is neat. I've heard the pros on here talk about the people who make a living out of buying undergraded stuff and getting higher grades in the coins where it's a big dollar difference, but first time seeing an example. Thanks for the lesson, and can you all go further for me? Why not 65? Is it the chatter both sides, or the weakness on the strike on hair by the face, the light hits on the neck, don't see anything I would actually call a mark/hit anywhere else. Thanks for the tutorial.

nugget369

If that turns in to a 65 you have got to kidding. It lacks shapness and eye appeal. I am
no expert grader but that is no 65 period.

DHeath

Pharmer, you'd enjoy this thread.

BTW - The Peace dollar looks like an average 64 in the pics.

GAT

Heck, I have a PCGS MS64 1923 Peace Dollar that's toned on both sides that I will sell a lot cheaper. As P.T. Barnum said, "there's a sucker................). Some people have more money then brains!

GAT

Just being facetious about my 1923.

pharmer

<< <i>Pharmer, you'd enjoy this thread.

BTW - The Peace dollar looks like an average 64 in the pics. >>



Thanks, just seems like the more I find out, the less I know. Like that 1968 half that Russ got a 64 on today. To me, it looks better, I think he is right. I have no idea, but I have made quite a few pcgs67 wheats as a side effect of searching lots of rolls for varieties. I really want to learn about this coin, what keeps it from 65? I am not saying it is, it could be a pink giraffe for all I know, I want to hear your specifics on this peace. The chatter, the neck, the strike, the...? Like my sig line says:

DHeath

Pharmer,

My opinion is just that, but here goes; a large portion of the grade of a Peace dollar is based on luster, and that coin has below average luster, at least in the pics. If you click the obverse pic to enlarge it, you'll see a scuff on the lower neck and in the left field by the rim that should be obvious in hand. The strike looks soft as well. The 35-S below, although also a typical strike, holdered 65, and it's more to my taste.

.

cary1952

My thought is that they are looking at the prices for MS65 on the chart in the picture and someone (or 2 people) is getting confused. Hopefully they will figure it out.

pharmer

Thanks, DHeath, I would never have known that about grading a Peace, the luster difference is obvious, and no chatter at all on yours, very clean. See, I have seen 65 morgans, not really any 66's, on here with as much stuff as the Heritage peace, so it made me wonder. And if the price diff is that great from 64 to 65, really wanted to know the attributes separating them. Thanks again.

BigE

Someone accidentally put an extra 0 on their bid, or its a vam?----------BigE

Crazy4Coins

ttt

Sphinx357

must be a vam

morgannut2

I saw a consigner of a bunch of PCGS MS-64 1924S Peace Dollars at a B/M Sale (the one where the 1804 $1 sold) bid $7000 on a $1100 coin in his group. The seller just was pissed off at the really low prices his high-end 64's went for and bid it up!! Maybe it's the same wholesaler.

coinguy1

It appears that at least 2 bidders (who presumably saw the coin in person) were convinced the coin was a 65 and put their $ where their grading opinions were.

I think you guys are being way too harsh in saying it isn't a 65. While images usually don't allow for pinpoint grading, I see nothing in the images that tells me the coin can't be a 65.

alergar

I bid $485.00 on this coin and was high bidder for awhile. Nearly went into shock when I saw where it ended.
I could see nothing special about this coin, at least not enough to warrent the hammer price. Bet the bidder tries to
back-out of the sale.



Maybe they're thinking it will be a MS65 upgrade but it isn't going to happen.

Wolf359

Filled die in the motto.

morgannut2

I wouldn't be suprised if someone knew that it came out of an NGC 65 holder and didn't cross. It's like $12,500 to $13,500 in a Pcgs holder, and in an NGC 65 holder has to be worth more than the closing price. At least 2 people seem really sure, even if the rest of the world disagrees. That's a new PCGS holder isn't it? Someone at least seems very confident!

tome20

It doesn't even look like a 65 from the pictures.