Rainbow Toned Peace Dollars - PCGS CAC

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Zoins
Zoins Posts: 34,489 ✭✭✭✭✭
edited June 7, 2020 11:28AM in U.S. Coin Forum

Over the years, I've been impressed by colorful Peace dollars, given how rare they seem.

Here's a stand out 1922 PCGS MS62 CAC that Legend just sold for $2,350.00 a few weeks ago on May 14. That's a very strong toning premium considering the PCGS Price Guide price is just $40.

Grade: PCGS MS62 CAC
Legend Color Rating: 9.5 / 10.0

Here's the Legend description for lot 217:

The majestic blend of amazing color on this dramatically toned Peace dollar is truly captivating and alluring! Having seen (and rejected) many toned Peace dollars, this one is the REAL DEAL!

Vivid golds, oranges, blues, and greens swirl together on the obverse. The satiny underlying luster glows wonderfully, accenting and backlighting the color bringing it to its full visual impact. We rate the color a 9.5 on our 10-point color scale.

These are ultra rare and ultra popular. Many of the "monster toned" Peace dollars are not CAC approved for a reason. This one has a great look and will bring very strong bidding. We note in our December 2019 Regency Auction a reverse toned MS62 CAC sold for $3,643 (an all time record for the grade). This coin, with its color on the obverse should see very strong bidding as well! Good luck!


Comments

  • TennesseeDave
    TennesseeDave Posts: 4,916 ✭✭✭✭✭
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    That's a very nicely toned Peace $. I recently acquired a 1922 Peace $ with some great toning that I'm about to submit to Pcgs. It's not fully toned like that example, but very nice as well.

    Trade $'s
  • bearcave
    bearcave Posts: 3,996 ✭✭✭✭✭
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    I have a 22 peace dollar, but not toned like that one! Wish I did, I would sell if it brought that much!🙂

    Ken
  • Zoins
    Zoins Posts: 34,489 ✭✭✭✭✭
    edited June 5, 2020 4:14AM
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    Here's the $3,643 coin that was mentioned in the auction description.

    Imagine having these 2 in a dual-coin holder?

    Grade: PCGS MS62 CAC
    Legend Color Rating: 10.0 / 10.0

    Here's the Legend description for lot 514:

    And now for something completely different! This is a MONSTER toned Peace dollar, arguably one of the most intensely toned Peace dollars we have ever had the pleasure of handling. The toning, which is most pronounced on the reverse is stunning, we rate it a 10 on our 10-point scale. Let us also be clear, if the toning was on the obverse, this could have been a $5,000+ coin! Every color, the full rainbow spectrum, is represented on this vibrant beauty. The emerald green, bright magenta, soft gold, and impressive blue colors are exquisite! The obverse is also nicely toned, with lovely blue and gold tones that are slightly more subdued, but nonetheless quite attractive. Though we make no guarantees, we judge this coin to be better than an MS62; we have seen higher grade coins that had much more contact than this beauty.

    This coin will see record bidding; it is truly a special, totally unique coin that will appeal to a very wide range of collectors, and it will bring a very strong price for its unrivaled beauty.


  • Zoins
    Zoins Posts: 34,489 ✭✭✭✭✭
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    Here are the 2 slab photos together:

  • Jimnight
    Jimnight Posts: 10,846 ✭✭✭✭✭
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    It's crazy but nice ... toning is in!!

  • jmlanzaf
    jmlanzaf Posts: 43,044 ✭✭✭✭✭
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    That coin does nothing for me.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • koynekwest
    koynekwest Posts: 10,048 ✭✭✭✭✭
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    Those are wild! I like both coins.

  • roadrunner
    roadrunner Posts: 28,374 ✭✭✭✭✭
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    A 9 yr old discussion on the whys and why nots of colorful MS Peace Dollars. There's no sure answer other than there aren't many of them.

    https://ngccoin.com/boards/topic/235598-some-thoughts-on-toning-of-peace-dollars/

    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • MFeld
    MFeld Posts: 17,131 ✭✭✭✭✭
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    @keets said:
    I would be interested in HRH's opinion on these two. my question on these type of toned Peace Dollars is why they tend to be restricted to a few of those most common dates.

    I think you (at least partially) answered your own question. Since Peace Dollars rarely tone in beautiful hues, it makes sense and the odds are, that the ones we tend to see are the far more prevalent, common date examples.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • Catbert
    Catbert Posts: 8,258 ✭✭✭✭✭
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    I don't find either coin particularly attractive and I'm a fan of toned coins generally. I think it's the intensity and likely darkness of the colors that do not inspire.

    Seated Half Society member #38

    "She comes out of the sun in a silk dress,
    running like a water color in the rain...."
  • abcde12345
    abcde12345 Posts: 3,404 ✭✭✭✭✭
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    Generally purchasing "rainbow toned" Peace dollars is like ordering some spaghetti with marinara sauce, and you get egg noodles and ketchup.
    Very few come even close as the rarified examples within this thread.

  • golden
    golden Posts: 10,535 ✭✭✭✭✭
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    None of those look attractive to me.

  • CoinJunkie
    CoinJunkie Posts: 8,772 ✭✭✭✭✭
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    I kind of like the reverse on the second one, although I wouldn't pay moon money for it.

  • BLUEJAYWAY
    BLUEJAYWAY Posts: 11,794 ✭✭✭✭✭
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    @ironmanl63 said:
    Here is a toned peace dollar that is unbelievably attractive! IMO. P65 CAC. The pictures do not show the true beauty of the coin.


    A "Golden Peace Dollar". Very nice.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • BLUEJAYWAY
    BLUEJAYWAY Posts: 11,794 ✭✭✭✭✭
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    @Zoins said:
    Over the years, I've been impressed by colorful Peace dollars, given how rare they seem.

    Here's a stand out 1922 PCGS MS62 CAC that Legend just sold for $2,350.00 a few weeks ago on May 14. That's a very strong toning premium considering the PCGS Price Guide price is just $40.

    Grade: PCGS MS62 CAC
    Legend Color Rating: 9.5 / 10.0

    Here's the Legend description for lot 217:

    The majestic blend of amazing color on this dramatically toned Peace dollar is truly captivating and alluring! Having seen (and rejected) many toned Peace dollars, this one is the REAL DEAL!

    Vivid golds, oranges, blues, and greens swirl together on the obverse. The satiny underlying luster glows wonderfully, accenting and backlighting the color bringing it to its full visual impact. We rate the color a 9.5 on our 10-point color scale.

    These are ultra rare and ultra popular. Many of the "monster toned" Peace dollars are not CAC approved for a reason. This one has a great look and will bring very strong bidding. We note in our December 2019 Regency Auction a reverse toned MS62 CAC sold for $3,643 (an all time record for the grade). This coin, with its color on the obverse should see very strong bidding as well! Good luck!


    @Zoins said:
    Over the years, I've been impressed by colorful Peace dollars, given how rare they seem.

    Here's a stand out 1922 PCGS MS62 CAC that Legend just sold for $2,350.00 a few weeks ago on May 14. That's a very strong toning premium considering the PCGS Price Guide price is just $40.

    Grade: PCGS MS62 CAC
    Legend Color Rating: 9.5 / 10.0

    Here's the Legend description for lot 217:

    The majestic blend of amazing color on this dramatically toned Peace dollar is truly captivating and alluring! Having seen (and rejected) many toned Peace dollars, this one is the REAL DEAL!

    Vivid golds, oranges, blues, and greens swirl together on the obverse. The satiny underlying luster glows wonderfully, accenting and backlighting the color bringing it to its full visual impact. We rate the color a 9.5 on our 10-point color scale.

    These are ultra rare and ultra popular. Many of the "monster toned" Peace dollars are not CAC approved for a reason. This one has a great look and will bring very strong bidding. We note in our December 2019 Regency Auction a reverse toned MS62 CAC sold for $3,643 (an all time record for the grade). This coin, with its color on the obverse should see very strong bidding as well! Good luck!


    For these eyes too flat,dull. No brilliance. And too much of Christmas holiday like colors. Okay for others, but not for me.

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • Zoins
    Zoins Posts: 34,489 ✭✭✭✭✭
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    @ironmanl63 said:
    Here is a toned peace dollar that is unbelievably attractive! IMO. P65 CAC. The pictures do not show the true beauty of the coin.


    Great coin @ironmanl63 ! I love the luster on that one!

  • Zoins
    Zoins Posts: 34,489 ✭✭✭✭✭
    edited June 6, 2020 5:19PM
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    This Dale Larsen coin sold for $7,975! What's amazing is that Great Collections didn't even have a description for this coin.

    Grade: PCGS MS65 CAC
    Price: $7,975.00, Great Collections, Aug 21, 2016
    PCGS Price Guide: 1,250.00, June 6, 2020

    Unfortunately, the cert no longer validates. Anyone know the current cert number?

  • kaz
    kaz Posts: 9,378 ✭✭✭✭✭
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    I think the obverse is the best side of that coin.

  • Zoins
    Zoins Posts: 34,489 ✭✭✭✭✭
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    The reverse on the PCGS MS65 CAC looks psychedelic.

    I wonder what the current cert number is and if it's in a registry set.

  • ironmanl63
    ironmanl63 Posts: 1,975 ✭✭✭✭✭
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    If you are referring to the one I posted it is in my set. When I look at it in hand I drool. The luter turns pink when you twirl the coin. That pink with the powder blue on the reverse is not like any coin I have ever seen. psychedelic does come to mind while viewing it.

  • P0CKETCHANGE
    P0CKETCHANGE Posts: 3,723 ✭✭✭✭✭
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    @ironmanl63 said:
    If you are referring to the one I posted it is in my set. When I look at it in hand I drool. The luter turns pink when you twirl the coin. That pink with the powder blue on the reverse is not like any coin I have ever seen. psychedelic does come to mind while viewing it.

    It looks like @Zoins is referring to the 1934-D

  • Zoins
    Zoins Posts: 34,489 ✭✭✭✭✭
    edited June 7, 2020 12:10PM
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    @P0CKETCHANGE said:

    @ironmanl63 said:
    If you are referring to the one I posted it is in my set. When I look at it in hand I drool. The luter turns pink when you twirl the coin. That pink with the powder blue on the reverse is not like any coin I have ever seen. psychedelic does come to mind while viewing it.

    It looks like @Zoins is referring to the 1934-D

    Yes, I was referring to the Dale Larsen coin.

    I think @ironmanl63 's coin has the most luster and is what I normally expect on Morgans.

    The other toned Peace dollars here have color but don't appear to have that much luster, particularly on the monster color side.

  • CoinJunkie
    CoinJunkie Posts: 8,772 ✭✭✭✭✭
    edited June 7, 2020 12:06PM
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    @Zoins said:
    The reverse on the PCGS MS65 CAC looks psychedelic.

    I wonder what the current cert number is and if it's in a registry set.

    Currently MS66:

    Currently in the #42 ranked Peace dollar set:

    https://pcgs.com/setregistry/alltimeset/217144

  • Zoins
    Zoins Posts: 34,489 ✭✭✭✭✭
    edited June 7, 2020 4:31PM
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    @CoinJunkie said:

    @Zoins said:
    The reverse on the PCGS MS65 CAC looks psychedelic.

    I wonder what the current cert number is and if it's in a registry set.

    Currently MS66:

    Awesome! Thanks for finding it.

    Just looked it up. This Ex-Larsen coin is currently in the San Diego Collection and is not showing up as CAC.

  • CoinJunkie
    CoinJunkie Posts: 8,772 ✭✭✭✭✭
    edited June 7, 2020 12:10PM
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    The whole set is toned. Worth a look if you're into Peace toners!

    https://pcgs.com/setregistry/alltimeset/217144

  • SeattleSlammer
    SeattleSlammer Posts: 10,125 ✭✭✭✭✭
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    The mega rainbow obverse ‘22 appears to have quite clean fields overall—cheek marks hold it back—but still......62? That makes me think the grader wasn’t all that impressed by the rarity of toned Peace dollars. Not even a +. Perhaps they net graded it. And no sniffer shield slab?

  • CoinJunkie
    CoinJunkie Posts: 8,772 ✭✭✭✭✭
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    @SeattleSlammer said:
    The mega rainbow obverse ‘22 appears to have quite clean fields overall—cheek marks hold it back—but still......62? That makes me think the grader wasn’t all that impressed by the rarity of toned Peace dollars. Not even a +. Perhaps they net graded it. And no sniffer shield slab?

    The coin appears to lack luster. I don't agree that rarity of toning on a particular issue should bump its grade. JA seems to concur, FWIW.

  • keets
    keets Posts: 25,351 ✭✭✭✭✭
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    I think you (at least partially) answered your own question. Since Peace Dollars rarely tone in beautiful hues, it makes sense and the odds are, that the ones we tend to see are the far more prevalent, common date examples.

    the cynic in me would consider that if someone were to "cook" a Peace Dollar to attain color these dates in these grades would be the choice. I guess it all depends on what we want to believe.

  • SeattleSlammer
    SeattleSlammer Posts: 10,125 ✭✭✭✭✭
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    @CoinJunkie said:

    @SeattleSlammer said:
    The mega rainbow obverse ‘22 appears to have quite clean fields overall—cheek marks hold it back—but still......62? That makes me think the grader wasn’t all that impressed by the rarity of toned Peace dollars. Not even a +. Perhaps they net graded it. And no sniffer shield slab?

    The coin appears to lack luster. I don't agree that rarity of toning on a particular issue should bump its grade. JA seems to concur, FWIW.

    We’ve all seen toners where we can only guess that bumps for special color happened - I‘m on the fence about that practice. With this one, technically most 62’s look a lot more beat up—perhaps dull luster was a factor. But I also think this one could be in a details-questionable color slab.

  • CoinJunkie
    CoinJunkie Posts: 8,772 ✭✭✭✭✭
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    @SeattleSlammer said:

    @CoinJunkie said:

    @SeattleSlammer said:
    The mega rainbow obverse ‘22 appears to have quite clean fields overall—cheek marks hold it back—but still......62? That makes me think the grader wasn’t all that impressed by the rarity of toned Peace dollars. Not even a +. Perhaps they net graded it. And no sniffer shield slab?

    The coin appears to lack luster. I don't agree that rarity of toning on a particular issue should bump its grade. JA seems to concur, FWIW.

    We’ve all seen toners where we can only guess that bumps for special color happened - I‘m on the fence about that practice. With this one, technically most 62’s look a lot more beat up—perhaps dull luster was a factor. But I also think this one could be in a details-questionable color slab.

    Sure, anything is possible and we'll never really know. I'm not denying that gorgeous color coins get grade bumps, but gorgeous is very subjective, and that particular coin falls short of it, to me anyway. YMMV.

  • Dave99B
    Dave99B Posts: 8,947 ✭✭✭✭✭
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    Not a fan. The toning looks suspect to me...I’m honestly a little surprised it straight graded.

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • jerseycat101
    jerseycat101 Posts: 1,361 ✭✭✭✭✭
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    I dont like either of the coins at the top of this thread.

    I do like the Larson 34D.

  • Zoins
    Zoins Posts: 34,489 ✭✭✭✭✭
    edited June 7, 2020 7:12PM
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    @Dave99B said:
    Not a fan. The toning looks suspect to me...I’m honestly a little surprised it straight graded.

    Which coin? Every coin in this thread (so far) is straight graded PCGS CAC. The only exception is the Larsen 34-D which is non-CAC after upgrade, but CAC before the upgrade.

  • Dave99B
    Dave99B Posts: 8,947 ✭✭✭✭✭
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    @Zoins - The first coin....1922 PCGS MS62

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • SeattleSlammer
    SeattleSlammer Posts: 10,125 ✭✭✭✭✭
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    First coin is suspect for sure.

  • Broadstruck
    Broadstruck Posts: 30,497 ✭✭✭✭✭
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    Felling really old seeing these as I recall when common dated colorfully toned Peace dollars in low MS grades sold for about $70-ish.

    The white spots on the reverse of the 34-D did not tone as there was trace remaining die grease present in those areas.

    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • Zoins
    Zoins Posts: 34,489 ✭✭✭✭✭
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  • Zoins
    Zoins Posts: 34,489 ✭✭✭✭✭
    edited April 6, 2023 10:15AM
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    Another CAC LRC 9.5 coin just showed up. Just adding here for posterity and to compare with other coins.

    Please discuss here: https://forums.collectors.com/discussion/1067966/gorgeous-toned-1925-peace-dollar-on-legend-auctions#latest

    1925 Peace Dollar
    grade: PCGS MS64 CAC POP 22,534/12,281
    toning: LRC 9.5
    cert: 7365.64/42137527

    Legend wrote:
    WOW, WOW, WOW! This is one of the most beautifully toned Peace dollars we have ever offered. OMG this coin is outrageous! And, it is CAC approved!

    The obverse and reverse are both draped in fire-engine RED Color that blends with greens and golds. The Christmas colors really pop when the lustrous silver surfaces are rotated in a light. We rate the color a 9.5 on our 10-point color scale. Seriously a real prize for the toned Peace dollar collector, this coin belongs in a world class cabinet! Good luck!


  • Zoins
    Zoins Posts: 34,489 ✭✭✭✭✭
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    @Hadleydog said:
    I searched for 20 years for a toned peace dollar that satisfied my tastes and was within my budget. I settled on this one.
    The color progression is correct It also appears to show some textile toning, as the pattern does extend into the fields. It has that 'crackled' appearance that one would expect from 1921 dollars.
    Finally, in hand, it just has that look that is so difficult to explain.
    Sadly, the images do not portray the luster.

    @Hadleydog posted this PCGS CAC here:

    https://forums.collectors.com/discussion/comment/12402039/#Comment_12402039

    Here's the TrueView:

  • lermish
    lermish Posts: 4,998 ✭✭✭✭✭
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    OLD THREAD ALERT

    I recently made a pretty nice toned Peace dollar and was looking for other examples and found this thread. Some pretty incredible coins in here for Toner Tuesday!



    Animated GIF

    chopmarkedtradedollars.com

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