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1964-D Peace Dollar

I'm sorry but I always love to have a discussion about this. I'm new to the forum so forgive me if this has already been debated. Two things:



1. What do YOU think the value of the 1964-D Peace Dollar would be on today's market.'



2. How would you, could you determine its authenticity?

Comments

  • Send it to the US Mint, they'd let you know but wouldn't return it.
  • RichieURichRichieURich Posts: 8,591 ✭✭✭✭✭
    1. The $10,000 offer from PCGS is the reward to merely EXAMINE a 1964-D Peace dollar.

    The market value of one is probably $1 million or thereabouts.



    2. Send to PCGS and get the reward and the authentication and grading.

    An authorized PCGS dealer, and a contributor to the Red Book.

  • WeissWeiss Posts: 9,942 ✭✭✭✭✭
    This seems like it might be apples to apples. Or it could be a complete miss. I welcome thoughts about these comparisons...

    The 1907 UHR PR68 "ASG Edge Lettered" $20 double eagle sold in 2015 for $2.11M.

    (It's a sick coin with a crazy write-up, visit HA for the fascinating details).

    image



    That was an early, very special prototype piece for the series.

    The 1933 $20 double eagle sold at Stacks in 2002 for $7.5M. If I had to take a wild guess as to its current value, given the Langboards and economic situation, I'd say maybe $5M to $7M.

    That was a late, shouldn't-have-been-released end to the series.

    So the uber-rare, shouldn't-have-been-released piece is valued *somewhere* around 2.5, maybe 3 x the early special prototype.

    By comparison:

    The 1922 Raymond T. Baker High Relief PCGS Proof 67 Peace Dollar sold for $428,250 at auction not quite 2 years ago.

    image

    So if you believe my math, then a legit and legal to own uber rare shouldn't-have-been-released 1964 Peace Dollar could conceivably sell for 2.5, maybe 3 times the early, very special prototype of the series.

    That would put a '64 Peace right at $1,000,000.



    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • RichieURichRichieURich Posts: 8,591 ✭✭✭✭✭
    Whatever you do, don't send it to the Mint for authentication. The numismatic community doesn't need another Langbord case.

    An authorized PCGS dealer, and a contributor to the Red Book.

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    Originally posted by: RichieURich
    1. The $10,000 offer from PCGS is the reward to merely EXAMINE a 1964-D Peace dollar.
    The market value of one is probably $1 million or thereabouts.


    Do you think it could be sold on the open market for $1 million? I'm skeptical.

    Black market is something different of course.
  • RichieURichRichieURich Posts: 8,591 ✭✭✭✭✭
    Originally posted by: Zoins

    Originally posted by: RichieURich

    1. The $10,000 offer from PCGS is the reward to merely EXAMINE a 1964-D Peace dollar.

    The market value of one is probably $1 million or thereabouts.




    Do you think it could be sold on the open market for $1 million? I'm skeptical.



    Black market is something different of course.




    Probably have to sell it in another country.



    An authorized PCGS dealer, and a contributor to the Red Book.

  • The PCGS case is a little tricky. I know the offer still stands to give $10,000 to merely examine the coin. But let's be honest, they would make a public statement about it and rightfully so. Then comes along the SS with court subpoena demanding discovery. Am I right?
  • BryceMBryceM Posts: 11,893 ✭✭✭✭✭
    If they existed, I wouldn't expect one to trade openly at auction or even on a bourse floor. The risk of confiscation and prosecution is just too high. If an individual showed up with five or ten of them, the value would be quite different than a presumed-to-be-unique specimen.



    If I owned one, I'd let PCGS examine and grade it, but not within the borders of the US. I really the think the numismatic world would be enriched by having good photos and and especially a good look at the rim.



    Oh, and to answer your question, a coin verified to be genuine wouldn't trade below $1M.
  • WeissWeiss Posts: 9,942 ✭✭✭✭✭
    And oh yeah image

    image
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • halfhunterhalfhunter Posts: 2,770 ✭✭✭
    Submit to PCGS in Hong Kong or Singapore . . .



    HH
    Need the following OBW rolls to complete my 46-64 Roosevelt roll set:
    1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
    Any help locating any of these OBW rolls would be gratefully appreciated!
  • I'm just hoping that sometime in MY lifetime, it will resurface. I am a FIRM believer that there are at least two that escaped the melting pot.
  • ACopACop Posts: 1,479 ✭✭✭✭✭
    Originally posted by: Weiss
    And oh yeah image

    image


    Resubmit in the fatty. looks 67
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    It is very unlikely the '64 Peace Dollar(s) will publicly surface....In the hands of numismatically astute individuals, they will move on the dark market.... and yes, the price tag will be over a million dollars.... Cheers, RickO
  • ashelandasheland Posts: 24,072 ✭✭✭✭✭
  • kevinjkevinj Posts: 989 ✭✭✭
    1972. 5k per for one of the five
    10 years ago about 100 in black market
    Today guessing 600k black market, a visit from the ss on open market
    Kevin J Flynn
  • epcjimi1epcjimi1 Posts: 3,489 ✭✭✭
    Originally posted by: kevinj
    1972. 5k per for one of the five
    10 years ago about 100 in black market
    Today guessing 600k black market, a visit from the ss on open market


    Huh. I've always been a '64-D doubter.

  • WillieBoyd2WillieBoyd2 Posts: 5,314 ✭✭✭✭✭
    The National Enquirer has a $10,000,000 reward for a living Bigfoot or Sasquatch.

    image
    https://www.brianrxm.com
    The Mysterious Egyptian Magic Coin
    Coins in Movies
    Coins on Television

  • kevinjkevinj Posts: 989 ✭✭✭
    Back in the 1940s there was an offer of a new car for a 43 copper because no one thought they existed
    Kevin J Flynn
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    Originally posted by: kevinj
    Back in the 1940s there was an offer of a new car for a 43 copper because no one thought they existed


    Who was giving it away?
    Did anyone get the new car?
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    Originally posted by: Zoins
    Originally posted by: kevinj
    Back in the 1940s there was an offer of a new car for a 43 copper because no one thought they existed


    Who was giving it away?
    Did anyone get the new car?


    From this link, it appears that there never was an offer of a new car and that people may have heard incorrectly, perhaps from someone saying "one 1943 copper penny would get you a new Ford." Though stories of the offer did drive Ford crazy!

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