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MS-63 1922-P Peace Dollar… Enjoy

SummerDays3104SummerDays3104 Posts: 499 ✭✭✭✭
edited May 11, 2022 8:20PM in U.S. Coin Forum

I LOVE Peace Dollars… here’s a nice one straight from my collection… What do you guys think of the wooden background?


Comments

  • edited May 11, 2022 6:06PM
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  • gumby1234gumby1234 Posts: 5,763 ✭✭✭✭✭

    64 maybe. There are enough marks to keep it from 65 I think. Luster looks great.

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  • BryceMBryceM Posts: 11,863 ✭✭✭✭✭

    Hmmmmm. Looks like nice luster, but I'm picking up a hint of significant hairlines across the obverse. It's hard to tell from the photo. If there aren't hairlines, it still looks no better than an MS63 to me. Too much chatter on the chin, neck, rims, and eagle for much higher. Still, a very nice coin.

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  • BryceMBryceM Posts: 11,863 ✭✭✭✭✭

    I'm confused. Are you thinking the coin will grade MS65 with hairlines?

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  • BryceMBryceM Posts: 11,863 ✭✭✭✭✭

    If it has a bad patch of hairlines, it won't grade at all........

  • KliaoKliao Posts: 5,696 ✭✭✭✭✭

    Nice luster on the coin but with the marks I think it'll grade a 63.

    Collector
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  • gtstanggtstang Posts: 1,778 ✭✭✭✭✭

    Looks like it has decent luster but not a 65 coin. Too many hits as shown.

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  • bsshog40bsshog40 Posts: 3,971 ✭✭✭✭✭
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  • bsshog40bsshog40 Posts: 3,971 ✭✭✭✭✭

    @SummerDays3104 said:

    @bsshog40 said:
    Looks like a little pvc or crud under the O in one.

    Nope nothing there… prolly just an editing or lighting issue

    Are you sure?

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  • edited May 11, 2022 7:48PM
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  • Che_GrapesChe_Grapes Posts: 1,888 ✭✭✭✭✭

    Here is my 22 in MS65 - can’t hardly find a blemish on it

  • FlyingAlFlyingAl Posts: 3,944 ✭✭✭✭✭

    I find that the best thing to do with Peace dollars is - grade it and subtract two points. Then you're in the realm of possibility...

  • TomBTomB Posts: 22,090 ✭✭✭✭✭

    The coin in the OP is not an MS65 by any standards that I use.

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  • Che_GrapesChe_Grapes Posts: 1,888 ✭✭✭✭✭

    @FlyingAl said:
    I find that the best thing to do with Peace dollars is - grade it and subtract two points. Then you're in the realm of possibility...

    Ha ha - fully agree, they are highly scrutinized at grading. Most raw ones today are still raw for a reason - it’s hard to find true gem grade (65 or above) just laying around anymore.
    Any hairlines will trigger a 92 no grade (cleaned) from PCGS

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Dings in hair, neck, field... hairlines.... something with the O in One... MS62.... at best. Cheers, RickO

  • ChrisH821ChrisH821 Posts: 6,747 ✭✭✭✭✭

    I don't know, I think I could see this as a 64.

    Collector, occasional seller

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  • Che_GrapesChe_Grapes Posts: 1,888 ✭✭✭✭✭

    @SummerDays3104 said:

    @Che_Grapes said:

    @FlyingAl said:
    I find that the best thing to do with Peace dollars is - grade it and subtract two points. Then you're in the realm of possibility...

    Ha ha - fully agree, they are highly scrutinized at grading. Most raw ones today are still raw for a reason - it’s hard to find true gem grade (65 or above) just laying around anymore.
    Any hairlines will trigger a 92 no grade (cleaned) from PCGS

    Well, I know for a fact it isn’t cleaned other than an acetone dip

    For a fact? Only way to know that for a fact was to have gotten the coin back in 1922 and held it all this time. Actually a lot of coins were cleaned in the 1960s before folks knew better. Even a Q-tip gently across the surface of a peace dollar will cause hairlines and a no-grade genuine details cleaned.

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  • Che_GrapesChe_Grapes Posts: 1,888 ✭✭✭✭✭

    @SummerDays3104 said:

    @Che_Grapes said:

    @SummerDays3104 said:

    @Che_Grapes said:

    @FlyingAl said:
    I find that the best thing to do with Peace dollars is - grade it and subtract two points. Then you're in the realm of possibility...

    Ha ha - fully agree, they are highly scrutinized at grading. Most raw ones today are still raw for a reason - it’s hard to find true gem grade (65 or above) just laying around anymore.
    Any hairlines will trigger a 92 no grade (cleaned) from PCGS

    Well, I know for a fact it isn’t cleaned other than an acetone dip

    For a fact? Only way to know that for a fact was to have gotten the coin back in 1922 and held it all this time. Actually a lot of coins were cleaned in the 1960s before folks knew better. Even a Q-tip gently across the surface of a peace dollar will cause hairlines and a no-grade genuine details cleaned.

    Yep, I’ve had it since 1922, since before I was born! I know that for a fact! Okay, well, since I’ve had it, I know I haven’t cleaned it, that’s a good point though… I know the cost of grading will be what the coin is worth either way… would it be worth it though? Or would it be a waste of money?

    Well the 1922 is actually quite common in higher grades, so I don't know if it is worth it from a financial point of view but if the coin is sentimental or special to you and you want it graded to ensure it is genuine and stays protected then I don't see an issue with it. I had some very common coins graded simply because they were my fathers and I wanted to keep them in my collection with the slabbed coins and keep them preserved - it wasn't about the money! For Peace dollars, if you have uncirculated examples that you think could grade gem or near gem (64 or higher) then the best dates are probably the 21, the 26, 27 and 28P, and then some of the more rare S mints like 27S, 34S, 35S etc. The 1922P is just a common date in high grades so even if it grades MS65 it maybe 200 dollar coin. The 27P in MS65 is over 1000 coin, for example. If you can get the red book you can read detail about each date - they all have their own story. For example the 24P usually has extra luster, the 26P has the word "GOD" extra highlighted and this is usually visible to the eye, the 28Ps are typically yellowed (and the 23P) etc etc., and the red book goes into detail. Makes it more fun to collect them if you can get examples that demonstrate these unique properties. In 1921 they made just over a million coins but was in the last two weeks of December 1921, so they were in a hurry and had all sorts of issues. BUt by 1922 this was mostly straightened out and I think they cranked out more than 20 million of them. So that is the reason the value is lower for that date. Thousands of them were well preserved and high grade specimens are common. A few dates exists where the circulated examples are more rare than uncirculated.... lot of cool facts if you really study the series. Best of luck to you!

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  • JBKJBK Posts: 16,461 ✭✭✭✭✭

    @SummerDays3104 said:

    Yep… I gawk at this coin all day long… I’ve had it for years

    Maybe you accidentally drooled on it. :o:D

  • JBKJBK Posts: 16,461 ✭✭✭✭✭
    edited May 12, 2022 8:14AM

    @SummerDays3104 said:

    Thanks! It is very sentimental to me… it was a gift from my grandmother.

    That's reason enough to get it in plastic. :)

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  • Stingray63Stingray63 Posts: 299 ✭✭✭

    This is my 64 if it helps in judging somewhat.

    Pocket Change Inspector

  • Stingray63Stingray63 Posts: 299 ✭✭✭

    @Che_Grapes said:
    Here is my 22 in MS65 - can’t hardly find a blemish on it

    Very nice 65!

    Pocket Change Inspector

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