1924 peace value ms66+?

Schultz24

I have the opportunity to buy one of these, ngc, no CAC. Can I please get some opinions as to what I should pay/what it is worth. I am not an ngc member and thus can't see the "plus" pricing. Thanks for the help!!

Broadstruck

Do a certification verification at NGC with the slab number and their price will pop up under the scans of the coin.

BryceM

The best way to figure this out is to go to Heritage and look up auction results.

I'll do it for you this once:

4/20/12, PCGS, 66+ $2,990
4/22/12, NGC, CAC, 66+ $977.50
12/11/11, NGC, 66+ $718.75
12/11/11, NGC, 66+ $696.00
9/11/11, NGC, 66+, $747.50

This took me about 2 mintues, including typing the results up. Final verdict is somewhere around $700.00 to $750.00, all other things being equal. YMMV.

Schultz24

NGC doesn't have the plus grades available unless you are a member, anyone able to look that up for me? Thanks again

steveben

wow, that's a huge price spread between ngc and pcgs. amazing. i would think that an ngc with a cac sticker would bring something close to pcgs money. perhaps that pcgs sale is a statistical outlier...meaning it was an unusually unique looking 66+

BryceM

Schultz,

Take this however you want, but actual auction sale figures are far better than anything you'll see in a price guide. They actually show what real people really were willing to spend on an actual coin. The Heritage numbers for NCG 66+ non-CAC coins are remarkably consistent. Unless a Peace Dollar is really special I'd never expect to pay full price guide values for it.

JJM

wow, that's a huge price spread between ngc and pcgs. amazing


usually is........

BryceM

<< <i>wow, that's a huge price spread between ngc and pcgs. amazing. i would think that an ngc with a cac sticker would bring something close to pcgs money. perhaps that pcgs sale is a statistical outlier...meaning it was an unusually unique looking 66+ >>



... but one coin does not a consensus make.

I looked at the auction photos briefly. The single PCGS coin did have a nice look - an untoned, clean, appealing, lustrous dollar. The pricing curve gets REAL steep in this neighborhood for 24-Ps. In PCGS plastic, a 67 will go for $5-7,000. An average 66 will go for $600. In the middle, relying on price guides is a poor strategy. If you assume the other guys grade a tad on the high side, bidding much above $600-800 for their 66+ can land you with a coin that's hard to get out of. That said, there are certainly coins out there that are almost 67's. Those might be worth shelling out some extra money for, but you really, really need to know what you're doing.

I'm comfortable enough with Peace dollars in the range I collect (MS 64 in key dates up to 66 or 66+ in common dates), but I think there's a lot of uncharted territory between "a few hundred dollars" and "a few thousand dollars". I'd be comfortable enough paying up for a clearly outstanding 67, but it would be hard for me to pay much of a premium for a coin that may or may not be a nice 66. There's just too much room for error.