<< <i>Nice originality on the coin , i know peace dollars with toning bring a premium but to me this coin is just not attractive to me. To each his own. >>
I think toned peace dollars in PCGS holders bring the premium prices.
There is a number of NGC Fatty holdered toned Peace Dollars with the serial numbers starting with 3144 and 3145. Some people are convinced they are all artificially toned. Here are links to previous discussions on the topic. Link 1.Link 2.
3144 and 45 NGC Peace dollars have been discussed in detail before. The story is they came from a leather pouch while some say paper rolls. However many have posted that they think the coins are AT. I don't think I've ever seen a Peace dollar from the 44/45s with a CAC sticker . I think some of that group are quite attractive. Probably a thread on them in this forum
On Morgan's it must be attractively toned to elicit a premium, this simply does not appear to be the case with Peace dollars. Any old toning will do for the "fans"
I am an avid Peace Dollar collector, and the 1924-P issue is easily my favorite, due to the extremely thick luster found on many of the examples.
That being said, these NGC 314XXX Peace Dollars are, in my opinion, an abomination. I consider them AT, and haven't seen one yet that I consider attractive, as they all look overripe and dark.
Grades posted. I submitted an NGC order for cross, all crossed at grade...FYI, including the OP Peace $1 in NGC MS65 CAC. I had another colorful Peace $1 in NGC MS64 CAC.
The other two coins were not CAC (never sent)...but very nice IMHO.
<< <i> That being said, these NGC 314XXX Peace Dollars are, in my opinion, an abomination. I consider them AT, and haven't seen one yet that I consider attractive, as they all look overripe and dark.
I don't buy the purse toning excuse whatsoever. >>
PCGS, NGC and CAC are saying the coin is a GEM MS65 and 2 collectors are calling it an abomination and AT. Very interesting differences of opinion here.
Beyond the toning what hasn't been addressed is the non toned white portion of every example NGC 314XXX Peace Dollar.
The luster is false as the surfaces have a crystallized chemical etching.
If you look at the images of all 3 examples posted they all have wide spread mild acne.
I can remember what type of acid was used in the 1980's on Morgan $1's to create false Cameo Frost but would guess something like it was also used on these Peace $1's.
To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
<< <i>Some collectors have a conspiracy theory mind set. I guess we can't rewind the clock and go back in time so it's just a philosophical debate.
It's just hard for some collectors to accept a simple truth...easier for them to accept some outlandish story.
The coin that crossed is as natural of a coin as I've seen, absolutely without question. But then again, I'm not a conspiracy theory kind of guy
And yes Shamika, I agree with you...I like the toning; some call it ugly so I figure I just go with the ugly flow
Beauty is always in the eye of the be-holder...and now the holder is PCGS >>
There are actually still dealers in the business that were on the show floor in Long Beach when this lot of coins first came to light. The leather pouch story is not a conspiracy. It was the explanation given when the coins where shown on the floor to several of them. When 100+ toned Peace $ show up all at the same time it raises questions.
I don't understand how the Peace dollar shown in the OP can tone this way naturally.The shape of the toning is suspect,in my opinion.The same irregular shape can be seen on both obverse and reverse.How can this happen naturally I ask?
The coin can't be called a gem unless the questionable shape of the toning is satisfactorily answered.
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
I agree with mr1874, the untoned areas are not the shape of a coin shielding part of another coin while stored long term in a sack. IMO, the toned areas look painted on. Nevertheless, the coin is now firmly MA, housed in proper plastic and with the green bean, so I am happy for mdg that his investment is protected.
<< <i>The coin can't be called a gem unless the questionable shape of the toning is satisfactorily answered. >>
No dog in this fight on either side, but I disagree strongly with this statement.......unless one can unquestionably say how it was toned, unnaturally, then one shouldn't try to cast aspersions on it. The world is still unknown in many ways. So is toning. Yes, one CAN say how some toning is done...one can experiment and prove it. One can also state, in some instances, the exact environment and MOST LIKELY way that natural toning has occurred....if one received the item as the first owner and stored it in a known way with a known environment for a known period of time and then took it out and it was toned.
However, just because one doesn't meet your definition of "satisfactorily" answered for how the toning shape came about does NOT mean you cannot call it a gem.
Slabbing or not, CAC or not, the coin in the OP is not one I would pursue....because it doesn't do anything for me. However, since *I* cannot state, for a fact, that the toning is AT/QT, nor can *I* state how it was done, I choose to ignore those pieces and look at the coin and decide if *I* would want it. Obviously, the OP made his choice and he isn't exactly what one would call a neophyte or unknowing newbie on this. So, it is his choice.
Comments
<< <i>Nice originality on the coin , i know peace dollars with toning bring a premium but to me this coin is just not attractive to me. To each his own. >>
I think toned peace dollars in PCGS holders bring the premium prices.
<< <i>Does the 20 year plus cert# start with 3144 or 3145? Doesn't quite look like it but close. >>
3145....ok, that's weird....how do you know?
<< <i>
<< <i>Does the 20 year plus cert# start with 3144 or 3145? Doesn't quite look like it but close. >>
3145....ok, that's weird....how do you know?
He is most likely one of it's past protectors.
-Paul
I think some of that group are quite attractive. Probably a thread on them in this forum
Hoard the keys.
There is absolutely nothing about this coin that suggests AT.
It looks like a larger version of some Mercs I used to own
<< <i>Interesting insights on 3145. This coin did CAC sticker.
There is absolutely nothing about this coin that suggests AT.
It looks like a larger version of some Mercs I used to own >>
I'm glad to see stman already asked as I was going to question the same.
Another Leather Pouch Hoard Peace $1 stickers....
AT or not they will sticker making them market acceptable...
You Searched For Cert Number: 314573098
Serial Number: 314573098
Grading Service: NGC
Description: 1924 Dollars Peace MS65
Status:
BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore...
Mike
http://coins.ha.com/c/search-results.zx?Ntk=SI_Titles&Ne=40&N=51+790+231+384+1588+4294967161&Ntt=rainbow
That being said, these NGC 314XXX Peace Dollars are, in my opinion, an abomination. I consider them AT, and haven't seen one yet that I consider attractive, as they all look overripe and dark.
I don't buy the purse toning excuse whatsoever.
The other two coins were not CAC (never sent)...but very nice IMHO.
PS. Psyched with the 4 for 4 crossovers
<< <i>
That being said, these NGC 314XXX Peace Dollars are, in my opinion, an abomination. I consider them AT, and haven't seen one yet that I consider attractive, as they all look overripe and dark.
I don't buy the purse toning excuse whatsoever. >>
The luster is false as the surfaces have a crystallized chemical etching.
If you look at the images of all 3 examples posted they all have wide spread mild acne.
I can remember what type of acid was used in the 1980's on Morgan $1's to create false Cameo Frost but would guess something like it was also used on these Peace $1's.
It's just hard for some collectors to accept a simple truth...easier for them to accept some outlandish story.
The coin that crossed is as natural of a coin as I've seen, absolutely without question. But then again, I'm not a conspiracy theory kind of guy
And yes Shamika, I agree with you...I like the toning; some call it ugly so I figure I just go with the ugly flow
Beauty is always in the eye of the be-holder...and now the holder is PCGS
<< <i>Some collectors have a conspiracy theory mind set. I guess we can't rewind the clock and go back in time so it's just a philosophical debate.
It's just hard for some collectors to accept a simple truth...easier for them to accept some outlandish story.
The coin that crossed is as natural of a coin as I've seen, absolutely without question. But then again, I'm not a conspiracy theory kind of guy
And yes Shamika, I agree with you...I like the toning; some call it ugly so I figure I just go with the ugly flow
Beauty is always in the eye of the be-holder...and now the holder is PCGS >>
There are actually still dealers in the business that were on the show floor in Long Beach when this lot of coins first came to light. The leather pouch story is not a conspiracy. It was the explanation given when the coins where shown on the floor to several of them. When 100+ toned Peace $ show up all at the same time it raises questions.
The coin can't be called a gem unless the questionable shape of the toning is satisfactorily answered.
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
<< <i>I don't understand how the Peace dollar shown in the OP can tone this way naturally. >>
The same exact way Morgan Dollars and other similar large coins have nearly identical kind of toning.
<< <i> IMO, the toned areas look painted on. >>
Besides I also know what AT looks like and this ain't it.
<< <i>The coin can't be called a gem unless the questionable shape of the toning is satisfactorily answered. >>
No dog in this fight on either side, but I disagree strongly with this statement.......unless one can unquestionably say how it was toned, unnaturally, then one shouldn't try to cast aspersions on it.
The world is still unknown in many ways. So is toning. Yes, one CAN say how some toning is done...one can experiment and prove it. One can also state, in some instances, the exact environment and MOST LIKELY way that natural toning has occurred....if one received the item as the first owner and stored it in a known way with a known environment for a known period of time and then took it out and it was toned.
However, just because one doesn't meet your definition of "satisfactorily" answered for how the toning shape came about does NOT mean you cannot call it a gem.
Slabbing or not, CAC or not, the coin in the OP is not one I would pursue....because it doesn't do anything for me. However, since *I* cannot state, for a fact, that the toning is AT/QT, nor can *I* state how it was done, I choose to ignore those pieces and look at the coin and decide if *I* would want it. Obviously, the OP made his choice and he isn't exactly what one would call a neophyte or unknowing newbie on this. So, it is his choice.
I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment