1928 Peace dollar for comments and grade input: **Grade posted!!!***

nwcoast

Hi all,
In the process of taking photos of my collection and just finished with the Peace dollars.
Thought I'd put this 28 out for grading guesses. I likely won't be submitting these unless I continue to freak out about their safety in my Dansco album.
Will eventually submit though, before eventual sale years down the road.
What do ya think in the meantime? Just thought I'd share as it's more fun that way....


Sorry Crypto.....you really had me worried there.....
Fun and educational thread it was and it'll remain in its new home at MS 62.

cmerlo1

63. I like it!

morgansforever

Looks like original skin from here, I'll wager a 63.

fivecents

MS63.

Nice look to it.

LeeBone

Nice coin

Torn between 62 and 63

I would still be OK with it in a 63 holder

Timbuk3

Looks like a 63 IMHO !!!

Baley

Wow, nice one, I'd say 63.5 from those nice pictures, If pressed for an integer, I'd probably go with 64.

TPRC

63

coinkat

63 seems reasonable

johnny9434

<< <i>63 seems reasonable >>

lcoopie

I would submit that

BryceM

Nice coin and nice photography. I'm curious about where you found a raw 1928 in this condition. Key date coins as nice as this are usually only found raw if they have some hidden issues. There is a chance that it would show evidence of cleaning, etc., etc., on close inspection. From the photos, I'd say a grade of 64 is not out of the question. I wouldn't be surprised to see it in a 63+ holder. Overall, the grade of this coin will depend on the depth of the scratches in the cheek and the quality of the luster. It's a little hard to see this from the photos. Strike isn't bad - good at the periphery but a little mushy in the centers as is common in this series.

I disagree that the surfaces are likely original. I think it's more than likely that it has been dipped within the last few years, but I don't think that impairs the coin at all.

A Dansco is fine, but treat it carefully. You're correct to plan to have it graded prior to sale.

Cam40

I think it's more than likely that it has been dipped within the last few years
this ^

crypto79

That is an AU58, grading coins is one thing but grading Peace Dollars is another. I have submitted dozens and dozens of these and it took a couple of years to learn the lesson that impacted luster = rub. Lib's Cheek, neck, hair, the fields, eagles shoulder, leg ect all show the signs that make that a true slider that just falls short of even a low UNC grade. Here is a slider to compare but note much of the difference in luster is a difference between a 28p and a 34d

lasvegasteddy

58 or 64...lol...somewhere in between there
nice example

LindeDad

I'm in the 58-63 school very simply there could be high spot rub or not, cannot be told from images in many cases.

Edit to add a image of my PCGS AU58 that has a very similar look IMO.

nwcoast

<< <i> I think it's more than likely that it has been dipped within the last few years
this ^ >>



If it had been dipped, it would have been done prior to 1964. The coin has been accounted for in the time frame since then and without a doubt hadn't been in that period.

Thank you for all the input! I had been thinking it a 63 but Crypto and his 58 are a pretty convincing argument for that grade.
I guess that's easing me into that possibility gently as it would have come as a pretty hard blow right out of the blue!
Wow, I wonder how many of my others are only 58'S? Ouch!!!!!

tightbudget

63

Cougar1978

The 1928 - MS 64, really nice coin.

coinkat

This is an MS coin unless the image was taken at an the slightest angle whereby hairlines would not be seen.

There is a difference between the OP and the 1928 pictured later in the thread. That difference really works against an AU grade for this one

nwcoast

This is getting interesting now....
There's clearly is a big difference between Crypto's 58 and LindeDad's!
I'm really thinking that I'm going to have to submit this now just to settle this one! I don't want to break up my set though.....hummmm
Here are some photos taken from PCGS's own grading APP for iPad....

WhiteTornado

Just a guess of course, but I may have to agree with crypto79 on this one. I think I see just enough rub to say AU58.

lcoopie

A thread without fighting
Educational and friendly
No eBay fraud issues

jmj3esq

MS62ish

Coinsponge

I have this image in my head of a grader who specializes in Peace Dollars at PCGS and he looks like the oldest, most cranky guy in the room who scowls at anyone that says good morning to him before his 3rd cup of coffee. Yes, that must be the guy who graded the slider Peace Dollars that I sent in and returned them all in genuine holders. My imagery is most likely wrong but I would not even attempt grading them any more unless they look like they came straight from the coin press.

That's the guy after his 4th cup. Looks a little Fish-ee to me

crazyhounddog

<< <i>The 1928 - MS 64, really nice coin. >>


I agree with cougar it looks to be 64.....Joe

PQueue

It always dangerous grading from photos, but I'll chime in.
a. No way is the OP's coin a 64.
b. The OP's coin sure looks better than the PCGS 58 posted in a reply to the thread.

My first thought was 62.

lcoopie

I may be talking myself into this
but if you step back from the monitor
the "wear" discoloration becomes more apparent to me.

kaz

I'm in the 63 crowd, but honestly, the Peace design is rather flat and the high points-- central cheek, neck just above the truncation; and on the eagle-- part of wing just above the leg-- are just tough to evaluate without being able to tilt the coin under the light and look for the gray non frosty spots. So this is a fun exercise, but won't lead to a definitive answer. So just have fun looking at some really nice coins being posted.

I have this one, in an NGC 58 holder. You can see a little gray on the eagle, but not on the bust in this light. It may also have been netted down for having been dipped (not by me).

crypto79

<< <i>I'm in the 58-63 school very simply there could be high spot rub or not, cannot be told from images in many cases.

Edit to add a image of my PCGS AU58 that has a very similar look IMO.


>>



No offense to the op but that is a low end for the grade au58. There are many au55 that look like that and a few better.

darktone

The OP's coin is ms62. Clearly a lustrous original skinned coin that grades 62 simply from the amount of contact marks. The coin above this post is clearly a circulated coin with easily seen hairlines. The au58 coin shown in this thread does have wear that can be seen on the eagle so I agree on this grade too.

crypto79

Ok I put my money where my mouth is, the first couple of people who PM me can take the action of I bet a Silver Eagle (ASE) date and finish of my/your choice on the grade when the OP submits to either service. any MS/UNC grade= you win, any AU/Gen/details grade=I win

coinkat

The record here is clear as to the thoughts expressed by those that chose to express them. A bet will not change that.

I would rather see the thread survive and not get removed as betting is frowned upon.

Good luck in the event you choose to submit this one

nwcoast

The range between grade opinions here have driven my curiosity to the point in which I'm going to pull this sucker out of my Dansco and send it in! I'm of the opinion that it's an MS coin. All the areas of fine line scatters on the reverse of the AU examples and the absence thereof on my coin are in my court. The detail in the eagle feathers and luster support the MS argument as well.
I'm going to send it in as a 'canary in the coalmine' for much of my set!
If it's a 58 then it gets ripped out and thrown back on the album. If it's higher then I'll buy a nice example like Kaz's to fill the hole...
It'll be going in within the next two weeks and I'll certainly post the results when it returns!

crypto79

<< <i>The range between grade opinions here have driven my curiosity to the point in which I'm going to pull this sucker out of my Dansco and send it in! I'm of the opinion that it's an MS coin. All the areas of fine line scatters on the reverse of the AU examples and the absence thereof on my coin are in my court. The detail in the eagle feathers and luster support the MS argument as well.
I'm going to send it in as a 'canary in the coalmine' for much of my set!
If it's a 58 then it gets ripped out and thrown back on the album. If it's higher then I'll buy a nice example like Kaz's to fill the hole...
It'll be going in within the next two weeks and I'll certainly post the results when it returns! >>



Please don't take my insistence as a wish of poor grades. I hope you get an UNC and I have to payout to my friends who have taken the wager I just trust my gut.... Either way it is a nice coin and there is little price difference between the PQ58-62 range as just about all 28p's fall in that margin. Good luck nwcoast and let us know

kaz

Great news! Look forward to the seeing the outcome of the grading. This has been an interesting and informative thread.

Shamika

Nice luster.

nwcoast

<< <i>

<< <i>Please don't take my insistence as a wish of poor grades. I hope you get an UNC and I have to payout to my friends who have taken the wager I just trust my gut.... Either way it is a nice coin and there is little price difference between the PQ58-62 range as just about all 28p's fall in that margin. Good luck nwcoast and let us know >>



No worries. I'm not taking it personally at all. It's going to be a fun and educational outcome no matter what the grade is.
I didn't expect such a diversify of opinion. But as we all well know, grading from photos isn't without risk.

Shortgapbob

I would submit that if it were mine. It looks like a 62/63 coin to me from the images, and looks nicer than the AU-58s that have been shown as comparison pieces.

pursuitofliberty

I'll take the over ... I'll bet the Unc side ... 62 or better

Nice looking Peace Dollar, and as was mentioned, it is in my opinion notably nicer than the others posted in this thread if the picture is accurate

crypto79

<< <i>I'll take the over ... I'll bet the Unc side ... 62 or better

Nice looking Peace Dollar, and as was mentioned, it is in my opinion notably nicer than the others posted in this thread if the picture is accurate >>



IMO Kaz's 58 is the nicest coin posted so far discounting the rarity of the one I posted

coinkat

The coin posted by KAZ is attractive-

The OP coin is worthy of a higher grade based the reverse.

veryfine

Here's my 28 Peace, which now resides in a PCGS MS-63 holder.
I can never grade accurately from photos, and in my case, this coin looks worse here than in hand.

nwcoast

Thought I'd offer an update on this lively debate with notice that this coin (and others) are currently in the possession of our gracious host.
Arrived last week and included in my initial "club" submission of 8.
The Dansco has a hole now where it used to reside.... And it will be going back into that slot if Crypto79 is correct.....
Should be a very interesting submission!

Just thought I'd offer this to refresh the memories of those who participated and spin the wheels of anticipation around so I don't have to suffer alone

NewParadigm

Really high 62, low 63. I think it will come back as a 63.

darktone

MS61-62

BryceM

I like this thread. It will be fun to see where it ends up. I'm slowly working my way up the knowledge ladder on grading this series and I've spent lots of time under a loupe with lots of coins to figure out what the graders were seeing that I wasn't. I can happily report that my skill at recognizing no-grades and sliders is getting much better. I very clearly still have a long, long way to go. I can report that the distinguishing features between a slider and a 62/63 coin are rarely visible in a photograph. So very much of this depends on luster, frost, original surfaces and subtle hairlines. All of this is hard to see in a photo. Some of it is really only evident with a loupe. Once you make the cut out of slider-land, the number and severity of bagmarks direct you into a 62/63/or 64 designation. 65's really have to be special (in gem grade booming luster or great character can sometimes overcome a few surface abrasions) and a 66 needs everything.

Based on the OPs photo, I think this coin has a nice shot at 63/63+. For most coins in the Peace series it might qualify for a 64, but the graders seem to be conservative (careful?) with the 1928 for some reason. If it is a no-grade, it will be due to something not visible in the photos, but easily visible in-hand like hairlines. If it grades 58 (I've had my share!) it will likely be due to impaired luster implying an over-dip at some point or rub. I think I see pretty good evidence of good luster in the photos, so I'm guessing it will be OK.

One thing that I find really interesting is that many, many Peace Dollars living in 64 and 65 holders show evidence of light frost/breaks and rub on high points when viewed through a loupe, especially on the tips of the eagle's feathers. I think the TPGs take into account a VERY light amount of rub and "look the other way" based on the other merits of the coin (another way to say market acceptable).

I also think to properly evaluate the effect of bagmarks, it helps to look at non-magnified photos. Every Peace Dollar will have ugliness when viewed with enough magnification. They just came that way. I've received "sweet PQ 1921" and "ugly overgraded 21" comments on my 1921 in a PCGS holder based on the size of the photos I've posted. The full-blown screen-size Heritage auction photos of my 21 make is look like an ugly AU50.

lasvegasteddy

cool as i love crypto's offer here...a silver eagle where his mouth and eye's are...
and no
i'm not betting against him eithers
it's not the safest bet in vegas...ok

DCW

My first gut reaction to the coin was and still is MS 63. Hope it works out that way for the OP.

Peacemonkey

Lock me in for a 62. I would take cryptos bet but I'd be afraid of a loophole where I end up having to buy him a key date 5000$ piece of bullion.

Kove

Interesting thread that I missed the first time around. I'll have to admit my first thought was AU 58, so I guess that puts me in Crypto's camp on this one.