Found the 3rd 26-S Proof Like Peace dollar for sale
ACop
Posts: 1,479 ✭✭✭✭✭
2 of the 3 are officially for sale(mines not)
https://www.parkavenumis.com/1926-s-peace-dollar-ms64pl-ngc--1
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Comments
Wow! A spendy little item but very nice.
LMAO at the ask
The 65 is listed at 75k OBO(77k on APMEX but they would probably send a regular 26S and play stupid)
NGC actually has a price entry in its price guide for that one.
Whew the one or ones in the ANACS white holders used to live on eBay for years at $3-5K collecting dust with no interest.
That price is outrageous by a factor of about 10.
So you think an NGC PL P$ of which there are 8 in all years should sell for less than $2000?? Ill take 7 more please.
Yes. These are very marginal borderline PL coins. Certainly not PL by Morgan dollar standards.
Have you seen any in hand?
Yes. The one I saw had a significant amount of die polish marks. Not your traditional form of PL.
Cool coin, but not 20K cool.
Which one did you see?
It was a 26-s, dont recall if it was the one in question in this thread. It had a price of about 5k at the time, which was too rich for my blood.
Speaking of PL, we're you the one I sold a non-designated PL peace dollar too? I am trying to reacquire it.
If it was a 26S in NGC PL holder then it had to be this one. Silvano Destefano made the other 2 for the same owner and his prices didnt move. It is likely Park Ave bought this and repriced it.
What venue did you see it at for 5k?
It was at an ANA show in Philly a few years ago.
I’d love to see it in-hand, but I can’t imagine I’d be interested enough to even remotely consider the asking price. If 2 of 3 are currently for sale, perhaps the market agrees.
I’m sure the graders really liked it, but it looks like any other Peace dollar in those photos. If anything, the way it was photographed argues against the designation.
Do you mean a few months ago? Any chance you remember which dealer had it? Wish I knew. I was there would have tracked it down.
Its 2 or 3...not 2 or 3 THOUSAND. No offense but I hope you realize how absurd that comment is. You are implying a market flush because there are TWO of something for sale? lol...
I will say this. I currently own one of the PL graded 26S that goes with Sils 75k listed coin, I own one of the aforementioned 34Ds in the Anacs holder. I own the coin Jerseycat asked about above that he considered Semi PL. I have in hand N1ck from NGCs 26S that Crypto once owned and called PL(though im sure hed call that coin cleaned now that he doesnt own it, or whatever it is that makes him feel better). And Ive owned 2 other Semi PL coins similar to Jerseycats, another of which I may still have. I have also had Sils 75k coin in hand at the ANA show in Philly(that was this past august not years ago).
And that said the 2 26s coins from Sil are unquestionably PL coins. Do they look like Morgan DMPLs? Of course not. Seems that what people think of when they think of Peace PL coins, I guess because no one in their right mind would pay the PL premium when the DMPL premium isnt much more. But those 2 coins specifically look every bit what the PL Morgans look like. The inches of reflectivity are there no question. The other coins are no question special as well. I would accept an argument against those however. The coin I posted here doesnt quite look like the pictures of the other 2, but Ill reserve judgement having not seen it. But they all have NGC pics and I dont see them the same in those pics.
Its wrong to think of Morgan DMPLs compared to anything. Those coins were made insanely DMPL.They look more like mirrored proofs than actual morgan proofs. No other series should be compared to them. Tradedollarnuts 1795 PL coin certainly doesnt refelct like a morgan but no one called out the morgans in that comparison.
If you think that coin is PL then the 2 Sil coins would knock you over. We dont live from from each other. Id be happy to meet up at the Parsippany show sometime in the fall and show off some coins to each other.
not for me at that price either, jmo
Again I cant speak for the coin i posted in the OP, but that is the generic NGC cert lookup pic. These are hard enough to photograph when trying to capture the mirrors imagine that generic process.
Not sure if youve seen this before, Ive posted it.
I agree with that sentiment as well. But 1/10th the price as stated I'd buy all 7 remaining sight unseen.
@ACop that video is awesome
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Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
I'm going to try and shoot a better one now that I have decent camera gear. I am still laid up after surgery though. I am going to try and shoot N1CKs 26s coin 1 more time as well before sending it back to him.
Nice video! I was really big into Peace dollars for a long time. I love it!
100% Positive BST transactions
1921 Peace Dollar (VAM-1H) - Glossy Semi-Prooflike Reflective Fields
For comparison purposes, here’s one of the few 1921 Peace Dollars in my collection that I consider to possess and exhibit Glossy Semi-Prooflike Reflective Fields.
These are extremely difficult to photograph to depict the slightly reflective fields, especially in a plastic slab.
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
Someone once posted a 21 ATS had some serious cameo. The post is still there but the pics are gone. I dont believe it was yours Stuart.
Any alleged PL Peace dollar MUST meet the same standards as a PL Morgan dollar, Double Eagle or any other coin. No exceptions, no excuses and no absurd sales hype.
Stuart's comments seem appropriate in this context.
Roger im going to find a PL 1964 one day and bring it to you
IMO the 2 Sil PL P$ are very much like the watery proof WLH. They have curved fields so they dont look perfectly flat and ice rink like the way morgans do. But are by all means special coins deserving of the PL tag. Obviously cracking out and doing the ruler test is a stupid idea. But my video clearly shows those fields are reflecting several inches.
@ACop Here’s another 1921 Peace Dollar (VAM-1H) Peace Dollar that possesses Strong Strike, Glossy Luster and Light Cameo Contrast between Devices and Fields, that I’ve previously posted on this Forum.
Could this be the one that you were referring to in your earlier post? — Another of my collection favorites...👍😁
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
With reference to @RogerB’s below quoted post I consider the following Descriptive Luster Reflectivity Categories Nomenclature Progressively Transitioning with increasing Reflectivity from Frosty to Ultra-DMPL for Silver Dollars and other coins.
Frosty —> Satiny —> Glossy —> Semi-Prooflike (SPL) —> Prooflike (PL) —> Deep Mirror Prooflike (DMPL) —> Ultra Deep Mirror Prooflike (UDM)
Stuart
Collect 18th & 19th Century US Type Coins, Silver Dollars, $20 Gold Double Eagles and World Crowns & Talers with High Eye Appeal
"Luck is what happens when Preparation meets Opportunity"
I want to say the pictures were more black and white. This was a long time ago. I probably even wouldnt remember. But that is also a very nice 21
@ACop
Am I understanding you correctly? I don’t have access to NGC pop reports. They have graded a total of three 26-S coins as proof like? Only one of them is owned by a collector and the other two are currently for sale?
I dunno. There’s an awful lot of Peace dollar collectors out there and plenty of them have big $$ to spend. When the big coins (anything around $20k is a big Peace dollar) are for sale many of them are long gone before making it to the Internet.
Doesn’t seem so absurd to me to think that the asking price is a bit high. Perhaps a teeny, itty-bit absurd if they were both only recently listed.
Again, I’m not saying anything negative about the coin, and I never suggested it should be compared to a Morgan. I truly would like to see it.
What does seem absurd is that a company would promote a 5-figure condition rarity with photos like that.
In fairness, at least one of the NGC PL Peace Dollars doesn't either.
Meh. Prooflike buffalo nickels are much rarer and cheaper I hear.
Awesome coin. I'd love to own a PL Peace dollar; yet, am holding out to find one raw if possible for obvious reasons. They are hens teeth...congrats.
Here's the MS65 counterpart for a sultry $75,000.
https://tangibleinvestmentsinc.com/shop/1926-s-1-pl-peace-dollar-ngc-ms65pl-certified-us-rare-coin/
That's par for the course in this hobby. We all play the game differently.
I dont know....There's even higher % of that population availble for sale. Sounds like a market dump.
Do the buff PLs have 40 inch reflectivity like that Morgans do?
Well I certainly agree the price is high otherwise I'd buy it. I'd like to own at least 1 more example. Having purchased one already I'd love to find one in the wild like P Art. And We agree even more that its very lazy to use NGC photos to promote such a great rarity.
But to ascertain that these are being rejected by collectors because 2 of the 8 examples are for sale at the same time is silly.
I haven't seen any coin, DMPL Morgans included, with 40 inch reflectivity.
Just don't publish it. I wouldn't want to see you Langboarded.
beautiful but pricey!!
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
This may be of interest to those who follow these coins around like I do. This is for the MS65PL example
You put my name in your mouth almost as often as you
11.5$ Southern Dollars, The little “Big Easy” set
That said my old coin was clearly borderline semi-pl/PL from an extreme die polishing event though not at a Morgan standard.
Was always curious if all the PL 26-s stem from that event and had the same die pair
11.5$ Southern Dollars, The little “Big Easy” set