1921 Proof Peace Dollar on Apmex

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Peace_dollar88
Peace_dollar88 Posts: 1,256 ✭✭✭✭✭
in U.S. Coin Forum

The same NGC 1921 proof Peace Dollar that sold on Heritage 04/27/11 lot number 5312 that sold for $20700 is now on APMEX.
https://www.apmex.com/product/154084/1921-peace-dollar-pf-62-ngc-satin

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  • KollectorKing
    KollectorKing Posts: 4,820 ✭✭✭✭✭
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  • Broadstruck
    Broadstruck Posts: 30,497 ✭✭✭✭✭
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    Is it really a proof?

    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • Peace_dollar88
    Peace_dollar88 Posts: 1,256 ✭✭✭✭✭
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    @Broadstruck that's the $50,000 question!

  • oih82w8
    oih82w8 Posts: 13,209 ✭✭✭✭✭
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    I would think that the hair over the ear would be more defined than flat...I have been wrong before.

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    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, Nickpatton, Namvet69,...
  • Jimnight
    Jimnight Posts: 10,846 ✭✭✭✭✭
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    IMO. Nothing like going for the big pay day.

  • CCFanetic
    CCFanetic Posts: 17 ✭
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    ms not proof

  • astrorat
    astrorat Posts: 9,221 ✭✭✭✭✭
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    @Broadstruck said:
    Is it really a proof?

    Great question ... from the image, I would have guessed a cleaned AU. It looks to have wear on the high points. NGC, of course, has seen it in hand.

    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • GRANDAM
    GRANDAM Posts: 8,785 ✭✭✭✭✭
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    Is that the same coin that was on Pawn Stars?

    GrandAm :)
  • ColonelJessup
    ColonelJessup Posts: 6,442 ✭✭✭✭✭
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    Rick Montgomery at NGC has told me and the late Jack Lee (about our newly-partnered coin :s ) and likely 100 others before and after that NGC will no longer designate "Satin Proof" for 1921's. "Anomalies" is my word, not his.

    But the finish is quite distinctively different in fabric from that of coins from normal dies. Not Cleaned

    There are fifteen or so very good threads to which @RogerB has already posted where this information is available.
    Anyone get a close enough look to see if it's medal press?

    I won't argue value, just the cynicism that imagines a 2011 sales price is much of current indicator on any esoteric quasi-iconic issue.

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • RogerB
    RogerB Posts: 8,852 ✭✭✭✭✭
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    Any 1921 or 1922 Peace dollar that is in a "proof" holder by any TPG or of any time period must be subject to modern examination, analysis and verification. I would not trust any older designation.

  • Crypto
    Crypto Posts: 4,098 ✭✭✭✭✭
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    not legit

    11.5$ Southern Dollars, The little “Big Easy” set

  • crazyhounddog
    crazyhounddog Posts: 14,250 ✭✭✭✭✭
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    Pass! They can’t even take good pics. I think if they did take clear pics it would be more obvious it’s a fake.

    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
  • messydesk
    messydesk Posts: 20,814 ✭✭✭✭✭
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    Yeah... um... no. It may be a business strike made with dies used on proofs, but it sure doesn't look like what a proof 21 Peace dollar should look like. Hair above the ear should be sharp for starters.

    John
    Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
  • Outhaul
    Outhaul Posts: 7,440 ✭✭✭✭✭
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    Too flat struck for proof.

  • ColonelJessup
    ColonelJessup Posts: 6,442 ✭✭✭✭✭
    edited December 17, 2017 5:33PM
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    Would everyone who's bought, sold, or had an in-hand inspection of one of these with someone more familiar with this issue please raise your hands.

    For the other 99.9% of you yapping :'(

    Fake? Counterfeit? Illegitimate? How, why or just predisposed to dyspepsia ?

    Misattribution? Not enough drama, I guess :s

    Post an image to support your argument and explain why.....

    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
  • kiyote
    kiyote Posts: 5,633 ✭✭✭✭✭
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    From the listing:

    Your purchase will match the quality of the product shown.

    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
  • Crypto
    Crypto Posts: 4,098 ✭✭✭✭✭
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    https://www.coinworld.com/news/us-coins/2014/07/pcgs-certifies-special-peace-dollars-from-former-mint-director-e.all.html#

    Well here is a legit special 21 produced with intent by the mint with the history to proven it. When you compare the fabric to the other the difference are much deeper than finish.

    11.5$ Southern Dollars, The little “Big Easy” set

  • KollectorKing
    KollectorKing Posts: 4,820 ✭✭✭✭✭
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  • golden
    golden Posts: 10,535 ✭✭✭✭✭
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    Nice profit if you can get it.

  • BryceM
    BryceM Posts: 11,940 ✭✭✭✭✭
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    So how much are those Walter Breen letters worth these days?

    With all the nonsense that surrounds these and the various 1922 oddities, I’d be hesitant to park much money in one, even one that was clearly legit. And yes, I did have the opportunity to review the former mint directors coins in hand. A couple of them were stunning. Some of the others I didn’t care for.

    Give me a nice, well-struck business strike gem 1921 and I’ll be perfectly happy.

  • Gluggo
    Gluggo Posts: 3,566 ✭✭✭✭✭
    edited December 17, 2017 10:03PM
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    @Broadstruck said:
    Is it really a proof?

    I like your coins better Mr. Broadstruck!

    NGC Verify Certification web site has it priced at $25,500.00

    https://www.ngccoin.com/certlookup/1745767-001/62/

    That is quite the mark up. Does not even have a CAC sticker! :*o:)

  • Timbuk3
    Timbuk3 Posts: 11,658 ✭✭✭✭✭
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    Very interesting example !!!! :)

    Timbuk3
  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    Well... I cannot produce any information that would support or negate the proof designation. I will say that I have, over the past year, looked at literally hundreds of 1921 Peace Dollars.... and the visible wear I see on that dollar is considerable... that does not preclude a proof of course. For me, that coin would require I evaluate it in hand.... Cheers, RickO

  • NebuchadnezzarTheGreat
    NebuchadnezzarTheGreat Posts: 219 ✭✭
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    Apmex doesn't own the coin...it's consigned to them from a large dealer.

  • keets
    keets Posts: 25,351 ✭✭✭✭✭
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    I know everyone knows this but I will post it anyway:
    the term Proof refers to a method of manufacture and not what a coin might look like compared to another Mint State example. also, expecting to realistically grade, let alone attribute something like this, from sub-par internet images is unrealistic and unreliable.

    with this thread, it might be advisable to swallow hard and admit that the good Colonel might be better informed on this than we are, and trust his assessment accordingly.

  • topstuf
    topstuf Posts: 14,803 ✭✭✭✭✭
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    A day at the mint in 1921:

    "Hey Clyde, let's REALLY crank up the press on a couple of these and see what happens."

    ;)

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