1965 PEACE DOLLAR???
PRIZ430
Posts: 306 ✭✭✭
So what do you guys think of this latest Carr offering??
0
Comments
<< <i>what's the point? >>
Does there need to be one?
It's for amusement.
Why not a complete date set up to the current year? How about all mint marks as well?
to each his own.
<< <i>I was shocked by the Price >>
Too low or too high?
(I just ordered a bunch, but by the time I then tried to order the MS67 versions they are "out of stock".)
peacockcoins
<< <i>So what do you guys think of this latest Carr offering?? >>
his talent
that product
.
<< <i>So what do you guys think of this latest Carr offering??
Your Price: USD $125.00
Item Number: mm_0100_1965d_A
Premium quality, individually-handled, consistent with MS-67 grade. Some evidence of underlying host coin design will likely show somewhere, such as forehead, front of neck, back of neck, and/or Eagle's shoulder. Housed in a non-PVC "flip" holder with certificate indicating "High-Luster Finish". Final mintage (of all issues combined) will be limited to no more than 950.
This "1965-D" Peace Dollar over-strike commemorates the 50th anniversary of the original 1964-D Peace Silver Dollars (which were actually minted and melted in calendar year 1965).
The 1964-D Peace silver dollar is one of the most enigmatic coins in history. On August 3 1964 legislation was enacted authorizing 45 million new silver dollars to be coined. In May 1965 the White House finally ordered some to be produced and the Denver Mint soon minted 316,076 of the coins which carried a 1964 date and a design identical to the Peace silver dollar last minted from 1921-1935. Shortly after the first mintage, an order went out to destroy them. The Treasury Department claims every one was accounted for and melted. None have publicly surfaced in the 45 years since. If an original 1964 Peace silver dollar were to turn up, it would be subject to immediate confiscation since it would be assumed to be stolen government property.
Now available is this modern over-strike "1965-D" Peace silver dollar. These are over-struck on genuine Peace silver dollars, they have the correct weight (no metal is added or removed), correct metallic content, and correct diameter. Even the number of reeds on the edge (189) is correct. And to top it off, all the over-strikes are privately and painstakingly performed using a surplus Denver Mint coin press.
In an ironic twist, the original 1964 Peace dollars are illegal to own. But this modern fantasy is LEGAL and is not required to carry a "COPY" stamp for the following reasons:
1) These are not copies of Peace silver dollars - they are privately over-struck on GENUINE government-issue Peace silver dollars that were originally minted from 1922-1935.
2) No 1965-dated Peace silver dollars were ever originally minted - so this can't be a copy of one since they don't exist.
3) Defacing of US coins is legal so long as the defacement isn't for fraudulent purposes.
By purchasing one or more of these coins, the buyer agrees to provide full disclosure of their origin when reselling them. Failure to provide potential buyers with complete and accurate information when offering these coins could result in criminal and/or civil fraud charges. In other words, don't even think about trying to sell these to unaware buyers as original 1965-D Peace silver dollars !
The pictures accurately show what the coins look like. No photo editing was performed. There may be subtle differences between coins. Since they are over-struck on existing coins, there will likely be evidence of the original coin design showing since the overstrike is usually not perfectly aligned with the original strike. Note the fourth extra ray below "ONE", as seen on the original 1921 issue and on some of the 1935-S issue. Do not attempt to use these as legal tender. This product is NOT endorsed or approved by the US Mint, US Treasury, or US Government.
D. Carr Link
IMO, it should be 40%, with that date on it. But then the undertype would be an Ike, unless some 40% blanks could be obtained or manufactured. and that would end the ole "overstruck on a real coin of the same type as this fantasy" angle, and be a darker shade of grey in the loophole that allows these not to have "COPY" or "REPLICA" incused on them in compliance with the Hobby Protection Act.
edit: Of course, the US mint should also clearly label their Copies of real coins.
Liberty: Parent of Science & Industry
<< <i>Well Braddy I guess you're the big hoarder. Gonna put 'em up on eBay?
Thanks Amby!
I'm going to wait 'till PCGS grades these!
(At under 5X's silver though, the 'handled' coins don't seem so shabby...)
peacockcoins
These are dumb.
--Severian the Lame
<< <i>Huge, huge fan of his '64 Peace dollars.
These are dumb. >>
In my book, overpriced silver bullion rounds in a market of similar, but much less expensive reproductions.
I agree that the 64 is cool and that this is dumb.
And they'd make a lot more sense than a 90% coin dated 1965. Heck, for that matter, why not make a bunch more dated 1964?
Liberty: Parent of Science & Industry
it can't be a 1923 high relief
how about as above: 1931 high relief ???
anyone else interested ?
there is a difference between "out of stock" or whatever and "sold out"
<< <i>1929, 1930, 1931, 1932, 1933, there are another five ways right there to get a hundred bucks each for renovated junk peace dollars.
And they'd make a lot more sense than a 90% coin dated 1965. Heck, for that matter, why not make a bunch more dated 1964? >>
Now THAT I like.
--Severian the Lame
Someone had to say it.
Real deal coins only.
Go good with my Franklin Mint registry.
<< <i>So what do you guys think of this latest Carr offering??
I hereby move that we save time by stipulating that every previous Carr thread has been read into the record and need not be repeated. Does the motion have a second?
<< <i> This "1965-D" Peace Dollar over-strike commemorates the 50th anniversary of the original 1964-D Peace Silver Dollars (which were actually minted and melted in calendar year 1965). >>
The 50th Anny of the original '64 Peace is a bit of a stretch for a '65 restrike from Carr.
Nonetheless, I'm in. These Peace dollar restrikes have performed / resold well in the past, so I'll go with the trend and get a couple extra to try and flip and reduce my purchase price for the coin I keep.
But the peace has the 64 which were minted as 64 in 65. So the 50th anniversary are the 64 coins. I'd rather see a 31 high relief over a 65.
(Can be done in multiples.)
Purchase five. Wait six months. Sell three. Keep the other two for free.
Repeat for the next release.
peacockcoins
<< <i>I'm with Lanlord. What is with these. They are not old. They are not real. They are just copies...made now...worth nothing to me. >>
Well, although each point of your points can be successfully argued, certainly we can agree the planchets are at least 80'ish years old.
peacockcoins
These SHOULD NOT be allowed!!! They are going to cause problems down the road and could spell disaster for this hobby!
<< <i>The silver may be 80 years old ..... actually way older than that.....but the fact is they were made now. You can put any date on a silver planchet but that doesn't make it real!!
These SHOULD NOT be allowed!!! They are going to cause problems down the road and could spell disaster for this hobby!
Following your logic, worse case scenario- what do you see happening to our hobby if these are continued to be allowed?
(I ask this not as an antagonist, but out of heartfelt, honest curiosity.)
peacockcoins
<< <i>The silver may be 80 years old ..... actually way older than that.....but the fact is they were made now. You can put any date on a silver planchet but that doesn't make it real!!
These SHOULD NOT be allowed!!! They are going to cause problems down the road and could spell disaster for this hobby!
Translation: It really grinds my gears that I haven't come up with such innovative, practical and prosperity-generating ideas myself.
<< <i>The bulk handled are "Out of stock" does this mean more will be struck? May pick up one of each. >>
The info page says "Final mintage (of all issues combined) will be limited to no more than 950."
The mintage page says only a few hundred have been struck so far.
http://www.moonlightmint.com/blog_1.htm
Total mintage for the successful 1964 Peace dollar is 1,964 yet the total mintage for the 1965 Peace dollars will be limited to 950.
I know the 1964 will probably be more popular in the long run vs the 1965 but certainly the much lower mintage will keep the 1965 version popular, especially those who would like
to collect the set of these (all the varieties of 1964 and this single variety of 1965).
Time will tell!
peacockcoins
<< <i>
<< <i>The bulk handled are "Out of stock" does this mean more will be struck? May pick up one of each. >>
The info page says "Final mintage (of all issues combined) will be limited to no more than 950."
The mintage page says only a few hundred have been struck so far.
http://www.moonlightmint.com/blog_1.htm >>
About 100 have been produced so far. The "bulk-handled" version is presently out of stock and temporarily unavailable. But more will be generated in the next production run.
As stated, the production limit will be no more than 950. But I have revised that statement on my web sites and it now reads:
"Production will be limited to no more than 950 coins. Orders will be accepted until June 30, or until the mintage limit is reached, whichever occurs sooner."
Only one die pair is planned, and the only planned surface finish is satin (high-grade and bulk-handled).
<< <i>what's the point? >>
A few years ago when I produced the "1964-D" over-strikes, I stated for the record on my production blog that in 2014 I would make some sort of 50th anniversary edition that would be different than the over-strikes already produced. I decided that this "1965-D" over-strike would be it, because the original 1964-D Peace Dollars were minted and melted in May of 1965.
<< <i>1929, 1930, 1931, 1932, 1933, there are another five ways right there to get a hundred bucks each for renovated junk peace dollars.
And they'd make a lot more sense than a 90% coin dated 1965. Heck, for that matter, why not make a bunch more dated 1964? >>
Other potential fantasy dates include "1920" (high relief) and "1936" (in proof, to go with the 1936 proof set). But since I have already done two ("1964-D" and "1965-D"), it is unlikely that I will do any of those any time soon.
Sure, it would be lucrative to make more "1964-D" over-strikes. I still get people asking me for them all the time. But I reached my self-imposed mintage limit back when I originally offered them. I don't want to make more and potentially dilute the value of the ones people already bought.
<< <i>
<< <i>The silver may be 80 years old ..... actually way older than that.....but the fact is they were made now. You can put any date on a silver planchet but that doesn't make it real!!
These SHOULD NOT be allowed!!! They are going to cause problems down the road and could spell disaster for this hobby!
Translation: It really grinds my gears that I haven't come up with such innovative, practical and prosperity-generating ideas myself. >>
Bingo.
Don't like it, don't buy it. I like it, I know I emailed Dan some time ago and suggested doing a '65 since I thought it would be cool. I bought it.
<< <i>
<< <i>
<< <i>The silver may be 80 years old ..... actually way older than that.....but the fact is they were made now. You can put any date on a silver planchet but that doesn't make it real!!
These SHOULD NOT be allowed!!! They are going to cause problems down the road and could spell disaster for this hobby!
Translation: It really grinds my gears that I haven't come up with such innovative, practical and prosperity-generating ideas myself. >>
Bingo.
Don't like it, don't buy it. I like it, I know I emailed Dan some time ago and suggested doing a '65 since I thought it would be cool. I bought it. >>
I was trying to remember who messaged me about doing a "1965" dollar over-strike. I think it was a couple different unrelated people.
But now I know who one of them was, thanks.
I did pick up a couple of the Panama Canal Medals and they look amazing in hand- especially the color-toned copper piece. Some really cool stuff coming from Moonlight Mint.
Bingo.<<<
Right!! I want to make bogus coins instead of collecting the real thing! NOT!!!
A lot of us see this as counterfeiting. And again.....why would anyone want these bogus coins!
Free Trial
<< <i>
<< <i>
<< <i>The silver may be 80 years old ..... actually way older than that.....but the fact is they were made now. You can put any date on a silver planchet but that doesn't make it real!!
These SHOULD NOT be allowed!!! They are going to cause problems down the road and could spell disaster for this hobby!
Translation: It really grinds my gears that I haven't come up with such innovative, practical and prosperity-generating ideas myself. >>
Bingo.
Don't like it, don't buy it. I like it, I know I emailed Dan some time ago and suggested doing a '65 since I thought it would be cool. I bought it. >>
Of course, I'm just joshing. But it's been over 20 years since the Gallery Mint Museum began issuing their historical reproductions and the hobby hasn't collapsed yet. People should be admired for such participation, not denigrated. Everybody wins. btw - Ron Landis wrote that he was in Sarasota this week examining a very famous coin for a new commission. Anyone have an idea what coin that might be?
<< <i>>>>Translation: It really grinds my gears that I haven't come up with such innovative, practical and prosperity-generating ideas myself. >>
Bingo.<<<
Right!! I want to make bogus coins instead of collecting the real thing! NOT!!!
A lot of us see this as counterfeiting. And again.....why would anyone want these bogus coins! >>
Why would anyone pay millions of dollars for an Andy Warhol painting of a Campbell's Soup can label ?
The painting is obviously not an original label.
<< <i>
<< <i>>>>Translation: It really grinds my gears that I haven't come up with such innovative, practical and prosperity-generating ideas myself. >>
Bingo.<<<
Right!! I want to make bogus coins instead of collecting the real thing! NOT!!!
A lot of us see this as counterfeiting. And again.....why would anyone want these bogus coins! >>
Why would anyone pay millions of dollars for an Andy Warhol painting of a Campbell's Soup can label ?
The painting is obviously not an original label. >>
I dunno. The name Warhol brings an awful lot with it. Campbell's bought A Warhol soup can in 1993.
Eric
<< <i>
A lot of us see this as counterfeiting. And again.....why would anyone want these bogus coins! >>
Because people like you with your ridiculous arguments make for long threads that can only be good for Mr. Carr's business. Think about it.
<< <i>I have one of Dan's products, I like it! I don't quite understand the controversy about this. I collect what I like and encourage anyone that asks my opinion to do the same. >>
I AGREE!!!!!!!!....to each his own....buy it if you like...if not...then keep your money in your pocket and your insults to yourself and stop raining on everyone else's parade....