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An antique store find....New images. Grade is in.

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  • SeattleSlammerSeattleSlammer Posts: 10,049 ✭✭✭✭✭

    Amazing coin for $25 ! That's a score for sure.

    The Grumpy Brigade here isn't going to risk guessing high. I agree that it's AT LEAST a gem 65, possibly better as you think.

    Only one way to find out. :smile:

  • TonerGuyTonerGuy Posts: 590 ✭✭✭

    Here's what a MS66 Peace $ should look like and CAC agrees this is an A coin.

    I just dont see how the NGC coin and the PCGS are both A coins...

    http://www.ebay.com/itm/1925-P-Peace-Silver-Dollar-PCGS-MS66-CAC-Super-Luster-Good-Strike-Free-Ship-84W-/132096636998?hash=item1ec192b846:g:6cMAAOSw4shX3Zj1

    Maybe Im just old, but this is how I believe MS66 should look. The cheek and the neck should be clean as well as the Eagle on the reverse. I guess I have some coins that need to be regraded if the coin above is the "new" MS66.

  • crazyhounddogcrazyhounddog Posts: 14,068 ✭✭✭✭✭

    @TonerGuy said:
    Here's what a MS66 Peace $ should look like and CAC agrees this is an A coin.

    I just dont see how the NGC coin and the PCGS are both A coins...

    http://www.ebay.com/itm/1925-P-Peace-Silver-Dollar-PCGS-MS66-CAC-Super-Luster-Good-Strike-Free-Ship-84W-/132096636998?hash=item1ec192b846:g:6cMAAOSw4shX3Zj1

    Maybe Im just old, but this is how I believe MS66 should look. The cheek and the neck should be clean as well as the Eagle on the reverse. I guess I have some coins that need to be regraded if the coin above is the "new" MS66.

    Understood. It appears there is a gross differences in the way coins are graded. This is a great example of what I'm talking about. Just look at the differences in these two 66 and CAC'ed peace dollars. Something is wrong here. So, the coin your showing in the pcgs holder graded 66 looks more like a 67 and I'm sure nobody's gonna complain about it if it was. I have zero ideas why the peace dollar your showing is NOT a 67. What's up with that? It's by me as it looks flawless.

    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
  • BryceMBryceM Posts: 11,857 ✭✭✭✭✭
    edited February 19, 2017 2:38PM

    There's an MS67+ 1925 Peace dollar you can look at on CoinFacts that has a worse reed mark square on the chin.

    ;)

  • crazyhounddogcrazyhounddog Posts: 14,068 ✭✭✭✭✭

    @BryceM said:
    There's an MS67+ 1925 Peace dollar you can look at on CoinFacts that has a worse reed mark square on the chin.

    ;)

    I do not collect Peace dollars but from what I see recently is a serious misjudgment of grading going on. I see HUGE differences of assigned grades that look like the same coin. One will be a 67+ and another that even looks better will be graded 65. Seriously I don't like what I see. I guess that's just me as I do not collect this series. Talk about a crap shoot!!

    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭

    The ncg coin is not near the PCGS coin.

  • BryceMBryceM Posts: 11,857 ✭✭✭✭✭

    Nah, the trick with peace dollars is to pay less attention to hits and more attention to luster. Frosty surfaces with booming luster make or break a coin. It's a tough call to make from a photo, and that's why I think people find them difficult to grade. Just grade it like you would a Morgan, subtract one point, and you'll be pretty close.

  • metalmeistermetalmeister Posts: 4,595 ✭✭✭✭✭

    25's come with booming luster. Nice pick up!

    email: ccacollectibles@yahoo.com

    100% Positive BST transactions
  • TonerGuyTonerGuy Posts: 590 ✭✭✭

    @BryceM said:
    Nah, the trick with peace dollars is to pay less attention to hits and more attention to luster. Frosty surfaces with booming luster make or break a coin. It's a tough call to make from a photo, and that's why I think people find them difficult to grade. Just grade it like you would a Morgan, subtract one point, and you'll be pretty close.

    That way of grading unfortunately takes many toned Peace $ out of receiving a higher grade which cannot be the case since there are 66s and 67s that are toned and do not have booming frost or luster. While there are not many, they do exist so you do have to look to hits and strike as well.

    I unfortunately think is another area of grade inflation. While I do not have the time nor the inclination to do a full investigation, just my general observations seem to indicate that former MS64 coins are now 65s, and 5s are now 6s.

    As to the OP coin, maybe it is a 65. Perhaps even a 66. But to my eye, its a 64 at best. Sorry I do wish you luck with it though.

  • ShamikaShamika Posts: 18,785 ✭✭✭✭

    Man those pieces are frosty.

    Buyer and seller of vintage coin boards!
  • cameonut2011cameonut2011 Posts: 10,181 ✭✭✭✭✭

    @crazyhounddog said:
    Here's one that graded 66 and with a CAC sticker. Pretty far from flawless. I like mine better. This is NOT my series but I've gotta say the 64 is kinda ruff on this girl....Here ya go


    Coins like this are why I don't place blind faith in CAC. The coin looks overgraded. Over course, I might think differently when seeing it in hand.

  • ashelandasheland Posts: 23,755 ✭✭✭✭✭

    Very nice for $25! Clean cheek. :)

  • gripgrip Posts: 9,962 ✭✭✭✭✭

    @cameonut2011 said:

    @crazyhounddog said:
    Here's one that graded 66 and with a CAC sticker. Pretty far from flawless. I like mine better. This is NOT my series but I've gotta say the 64 is kinda ruff on this girl....Here ya go


    Coins like this are why I don't place blind faith in CAC. The coin looks overgraded. Over course, I might think differently when seeing it in hand.

    This!

  • @Wabbit2313 said:
    64 and not worth the grading fees.

    The most intelligent post in this thread IMO - certainly not a "rip".

  • AuroraBorealisAuroraBorealis Posts: 3,591 ✭✭✭✭✭
    edited February 20, 2017 1:27PM

    Looks like a beauty and congratulations! With that kind of luster/mint bloom, strike and the few hits I could easily see that in a 6 holder...
    Nice going!

    AB

  • lkeigwinlkeigwin Posts: 16,893 ✭✭✭✭✭

    Here's a PCGS 66 I used to own, Joe. I felt it was fairly graded.

    I trust your eye better than images anyway.
    Lance.


  • crazyhounddogcrazyhounddog Posts: 14,068 ✭✭✭✭✭

    I'll stand firm with my 66 evaluation. If this piece grades lower than a 65 I better read my ANA grading book again. No freaking way this piece is a 64. Of course this is my humble opinion.
    I'll for sure post the results.
    Thanks to all for your contributions. Much appreciated.

    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    @crazyhounddog said:
    I'll stand firm with my 66 evaluation. If this piece grades lower than a 65 I better read my ANA grading book again. No freaking way this piece is a 64. Of course this is my humble opinion.
    I'll for sure post the results.
    Thanks to all for your contributions. Much appreciated.

    Fingers crossed for you!

  • BryceMBryceM Posts: 11,857 ✭✭✭✭✭

    @TonerGuy said:

    @BryceM said:
    Nah, the trick with peace dollars is to pay less attention to hits and more attention to luster. Frosty surfaces with booming luster make or break a coin. It's a tough call to make from a photo, and that's why I think people find them difficult to grade. Just grade it like you would a Morgan, subtract one point, and you'll be pretty close.

    That way of grading unfortunately takes many toned Peace $ out of receiving a higher grade which cannot be the case since there are 66s and 67s that are toned and do not have booming frost or luster. While there are not many, they do exist so you do have to look to hits and strike as well.

    I unfortunately think is another area of grade inflation. While I do not have the time nor the inclination to do a full investigation, just my general observations seem to indicate that former MS64 coins are now 65s, and 5s are now 6s.

    As to the OP coin, maybe it is a 65. Perhaps even a 66. But to my eye, its a 64 at best. Sorry I do wish you luck with it though.

    I find your comments to be interesting. I have personally never seen an MS66 graded Peace dollar in NGC or PCGS plastic without significant luster, toned or not. This is especially true for MS67 coins. With toning it is harder to see it, yes, but it is ALWAYS there. One possible exception is a white 1926-P coin that I used to own. That one had virtually perfect surfaces but the luster was somewhat subdued.

    Of course hits and strike are important in grading, but when it comes to Peace Dollars, they're just frequently over-emphasized by those who grade from photos. Things like hairlines and luster are difficult to evaluate unless you have it in-hand and preferably out of plastic.

  • Cougar1978Cougar1978 Posts: 8,779 ✭✭✭✭✭

    Wow would have bought it too

    Investor
  • cameonut2011cameonut2011 Posts: 10,181 ✭✭✭✭✭

    @crazyhounddog said:
    I'll stand firm with my 66 evaluation. If this piece grades lower than a 65 I better read my ANA grading book again. No freaking way this piece is a 64. Of course this is my humble opinion.
    I'll for sure post the results.
    Thanks to all for your contributions. Much appreciated.

    Having seen it in hand, you are by far the best to make that decision. I hope it works out for you in the grading room. Regardless of whatever happens, it is a luster bomb and a nice score for $25.

  • BryceMBryceM Posts: 11,857 ✭✭✭✭✭
    edited February 20, 2017 3:17PM

    The NGC MS66 CAC coin crazyhounddog posted looks like a very nice MS66 to me. It's frosty and very flashy. There are three visible reed hits on the eagle which keep it out of MS66+ territory in my book. On the obverse, there is a small hit on the lower neck and a small hit on the "D" of "GOD". The other stuff is ENORMOUSLY over-exaggerated in photos and represents only superficial luster breaks, not hits. In-hand, those things would be difficult to see. Again, the enormous frost, luster, and strong strike detail carry the grade. The usual locations to spot friction are the wrinkles in the eagle's rock, central feather detail, central cheek, and neck truncation areas. These show only trivial luster breaks, far better than you'd see on most coins.

    I'd grade it MS67 for luster, 66+ for strike, 66+ for eye appeal, and 65+ for surfaces. Final grade = 66.

  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    I have also seen booming luster turn out to be a really good whiz job. It is difficult to spot on Peace dollars.

    i have made a bunch of 66's over the years, 4 or 5 66+, and ZERO 67's. That is an impossible grade these days.

  • coinkatcoinkat Posts: 23,838 ✭✭✭✭✭

    Still not wild about how the image looks for grading, but it is a terrific looking coin and 65 seems probable

    Experience the World through Numismatics...it's more than you can imagine.

  • coinkatcoinkat Posts: 23,838 ✭✭✭✭✭

    And I mean probable as the floor with greater upside as a 65+ or 66

    Experience the World through Numismatics...it's more than you can imagine.

  • ChrisH821ChrisH821 Posts: 6,730 ✭✭✭✭✭

    I am eager to see what this one does, regardless of result.

    @coinnerdish said:

    @Wabbit2313 said:
    64 and not worth the grading fees.

    The most intelligent post in this thread IMO - certainly not a "rip".

    Maybe not a significant rip, but unc. Peace Dollars don't get much cheaper than $25 and this one looks very choice for the price. Even if it is 'just' a 64, the great strike and eye appeal sets it apart from the run of the mill examples.
    Interesting thing about 1925's; they seem to come in two flavors, typical '22 to '24-esque, and ones like this. This is mentioned in the coinfacts narration, take a look, it's an interesting read.

    Collector, occasional seller

  • crazyhounddogcrazyhounddog Posts: 14,068 ✭✭✭✭✭
    edited February 21, 2017 1:08PM

    I have 4 lights in my arsenal. Shall I turn them all on and pound it with light? Not sure what else could possibly be seen but I'll do it if one single person wants me to. I can even do it GSC style :)
    I really do appreciate all of this insight. Like I've said several times, this is not my series. I am, however, familiar with coins and grading raw, but my main focus has always been buffalo nickels. I'm kinda interested in these peace dollars though. I think it's one of the prettiest busts of Miss Liberty on any US dollars.
    Many thanks

    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
  • coinkatcoinkat Posts: 23,838 ✭✭✭✭✭

    I went back to look at some of the earlier posts... I am just having a bit of an issue gauging the coin with the contrast in terms of offering a grade. And I do think it is a terrific coin... Please don't take my comments on the image the wrong way.

    Experience the World through Numismatics...it's more than you can imagine.

  • SamByrdSamByrd Posts: 3,131 ✭✭✭✭
    edited July 5, 2017 5:55PM

    delete

  • ChrisH821ChrisH821 Posts: 6,730 ✭✭✭✭✭

    FWIW, Here is my PC65 1925 Peace Dollar for another comparison.

    My photo setup isn't very fancy, literally two desk lamps and a NIkon Coolpix L18

    Collector, occasional seller

  • I think it would be between 64 and 65.
    Still a gem of a find for only $25!

  • sparky64sparky64 Posts: 7,047 ✭✭✭✭✭
    edited April 5, 2017 2:12PM

    @coinnerdish said:

    @Wabbit2313 said:
    64 and not worth the grading fees.

    The most intelligent post in this thread IMO - certainly not a "rip".

    Why so salty?

    OP, I like your coin.
    For your $25 you have an awesome coin, that they're not making anymore, and a few pages of great comments and banter about it.

    Edit: That salty guy was bammed.

    "If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

    My Washington Quarter Registry set...in progress

  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    Luster is good, should pull it to 65.

  • johnny9434johnny9434 Posts: 29,232 ✭✭✭✭✭

    i love the looks of that one.

  • air4mdcair4mdc Posts: 938 ✭✭✭✭✭

    If you wanted to send it in and shoot for 66 and verify it's not cleaned/polished you should go for it. I would let someone take a look at it though beforehand. Maybe if the white balance was correct in the picture it would maybe be better to make a possible grade estimate. I know you did your best to present it here. I see some parrelell hairlines in a couple of areas. And I may be wrong on what I see. I hope you do send and let us know. I like the PD, but they are no fun to grade.

  • PocketArtPocketArt Posts: 1,335 ✭✭✭✭✭

    That's a beautiful Peace- looks like the luster just drips from coin; I'd be in the MS65 camp. I'd personally pay a bit of a premium just for the luster. Very nice, and good buy for $25!

  • MICHAELDIXONMICHAELDIXON Posts: 6,589 ✭✭✭✭✭

    Best of luck, but I see a 64 maybe 64+

    Fall National Battlefield Coin Show is September 11-12, 2025 at the Eisenhower Hotel Ballroom, Gettysburg, PA. WWW.AmericasCoinShows.com
  • WeissWeiss Posts: 9,942 ✭✭✭✭✭

    Nice coin. I wouldn't have gone 66, but I don't really matter much :)

    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
  • 1630Boston1630Boston Posts: 14,111 ✭✭✭✭✭

    I think for the initial $25 purchase price, congrats are in order :smile:

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  • mkman123mkman123 Posts: 6,849 ✭✭✭✭

    coin looks great!

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  • ChrisH821ChrisH821 Posts: 6,730 ✭✭✭✭✭

    Sweet!

    Collector, occasional seller

  • crazyhounddogcrazyhounddog Posts: 14,068 ✭✭✭✭✭

    @mkman123 said:
    coin looks great!

    Thanks buddy :)

    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
  • sparky64sparky64 Posts: 7,047 ✭✭✭✭✭

    Nice Peace piece.
    Fun thread.

    "If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

    My Washington Quarter Registry set...in progress

  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭
    edited April 5, 2017 2:21PM

  • abcde12345abcde12345 Posts: 3,404 ✭✭✭✭✭

    I would have guessed MS67+ if not for the marks on the obverse and a few on the reverse. MS65 seems low. (I'm not suggesting you crack n' cross as that would be a dangerous proposition if it comes back less than MS66.)

  • coinkatcoinkat Posts: 23,838 ✭✭✭✭✭

    Congrats... Still looks as if the lustre was strong enough for a +

    Experience the World through Numismatics...it's more than you can imagine.

  • crazyhounddogcrazyhounddog Posts: 14,068 ✭✭✭✭✭

    @coinkat said:
    Congrats... Still looks as if the lustre was strong enough for a +

    Agreed. The luster is booming on this piece and any blemishes are exaggerated by the imaging. It's much, much nicer in hand.
    Thanks again

    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
  • kazkaz Posts: 9,274 ✭✭✭✭✭

    Nice grade and lovely coin, congrats!

  • MICHAELDIXONMICHAELDIXON Posts: 6,589 ✭✭✭✭✭

    Congratulations!

    Fall National Battlefield Coin Show is September 11-12, 2025 at the Eisenhower Hotel Ballroom, Gettysburg, PA. WWW.AmericasCoinShows.com

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