Seeking opinions on this 1924 Peace dollar before I buy

anablep · January 21, 2025 5:28PM

In my quest for a superior example of the 1924 Peace dollar, I’d appreciate opinions on this coin I’m considering. I’ll reveal the grade later, but for now I’m looking for specific insight on its strike, apparent luster and eye appeal. Feel free to offer a grade. Thanks.

calgolddiver · January 21, 2025 5:32PM

I would look for another

golden · January 21, 2025 5:46PM

A hard pass here.

ms71 · January 21, 2025 5:56PM

To me, very unattractive.

MFeld · January 21, 2025 6:00PM

What attributes of the coin have caused you to consider buying it?

It’s extremely common, with huge quantities from which to choose. So there’s good reason to be discriminating in making a purchase.

But even it were rare, I’d pass. There are hairlines on Liberty’s face, speckling on her face and neck, what looks like a long scratch in the lower left obverse field, a mushy strike, as well as uneven and unattractive areas of dark, speckled toning.

This might serve as a good example of an original coin not necessarily being a desirable one.

jp84 · January 21, 2025 6:03PM

it's ok but the strike is weak, I would keep looking.

PeakRarities · January 21, 2025 6:21PM

With that patina it looked pretty cool when I opened the thread, but as I zoomed in the color started to break down and the eye appeal became negative.

SimonW · January 21, 2025 6:23PM

The strike looks weak to be, I’d look for another. I do like the originality, but originality on a peace dollar frequently equates to a less attractive coin. I don’t hate the look, but with the weak strike I’d keep looking.

VanHalen · January 21, 2025 6:41PM

If it were a 63 or 64 (under $100) I'd be fine with it because I do like the color, the luster looks good and the strike's okay for me at that level.

My gut says it's probably in a 65 or 66 holder so I'd move on.

TomB · January 21, 2025 6:52PM

I like it. Of course, should you buy it or not would depend upon its grade and price, but going just by the images I like the coin. She's got some thin lines on her cheek and a few nicks here and there, but I think the eye appeal overwhelms those negatives. Regarding a scratch in the left obverse field brought up by Mark, I had interpreted that to be more of a luster graze than anything else, but I could absolutely believe it to be a fine scratch.

Again, I like the coin and then went back to previous threads you have started about this series and it is apparent to me that you aren't looking for the typical, dipped blast-white Peace dollar and you also aren't looking for the unicorn, fully rainbow Peace dollar, but are instead looking for coins with character and those that have a presence in their aesthetics. Visually, this coin has powerful aesthetics, whether one likes it or not, and I think it has terrific luster and unequivocal originality. I find it attractive, but realize most (like really most) would not.

MFeld · January 21, 2025 7:00PM

@TomB said:
I like it. Of course, should you buy it or not would depend upon its grade and price, but going just by the images I like the coin. She's got some thin lines on her cheek and a few nicks here and there, but I think the eye appeal overwhelms those negatives. Regarding a scratch in the left obverse field brought up by Mark, I had interpreted that to be more of a luster graze than anything else, but I could absolutely believe it to be a fine scratch.

Again, I like the coin and then went back to previous threads you have started about this series and it is apparent to me that you aren't looking for the typical, dipped blast-white Peace dollar and you also aren't looking for the unicorn, fully rainbow Peace dollar, but are instead looking for coins with character and those that have a presence in their aesthetics. Visually, this coin has powerful aesthetics, whether one likes it or not, and I think it has terrific luster and unequivocal originality. I find it attractive, but realize most (like really most) would not.

Tom’s positive comments about the coin, contrasted with negative ones from a number of other posters (myself included) illustrate beautifully, how individual tastes can differ. I have such high regard for him and his opinions that I’m already starting to view the coin more favorably.

RobertScotLover · January 21, 2025 7:06PM

I love the look at LIBERTY, the red in-between the rays or whatever they are supposed to be looks cool. I dislike everything else about it. And I have to also chime in that 1924 is sooooooo common, sooooomuch to choose from so you can take your time and be patient and get it right when the opportunity presents itself and for the 1924 it will

P0CKETCHANGE · January 21, 2025 7:10PM

I like the look of this coin quite a bit—the originality is cool and I’m interpreting strong luster which probably makes the eye appeal in-hand quite attractive. It’s rather difficult to find attractively toned Peace dollars, although I realize that is subjective (confirmed by the negative comments above me).

That said, what look like scratches on Liberty’s cheek definitely concern me and it’s something I’d want to examine, esp. if the asking price is premium for the grade. Otherwise the merits of the coin far outweigh a weaker strike for me.

Can you share the grade? I think you’ll get better informed feedback. At first glance it reads like a 66 to me, but the severity of the cheek contact could knock it to 65.

Colonialcoin · January 21, 2025 7:13PM

Common date with unappealing toning. That’s an easy pass.

anablep · January 21, 2025 7:33PM

I appreciate all the excellent advice on this coin. I’m more inclined to purchase it rather than pass at the moment, but I’m in no rush either. Let’s see if the grade changes anything.

P0CKETCHANGE · January 21, 2025 7:35PM

As much as I like the coin overall, I don’t like it as a 67 or for anything approaching 67 money. I need a virtually pristine cheek at that level. I would pass.

BryceM · January 21, 2025 7:42PM

I have owned a 1924 Peace dollar in PCGS MS67. I don’t really like this one at that grade, but the in-hand look could possibly influence my decision. The overall eye appeal is a bit negative to me, but if it has overwhelming luster, I might consider it. Hard to know from a photo.

At this level, it’s a good bet CAC has seen it, and did not sticker it.

coinbuf · January 21, 2025 7:58PM

Pass as a 67.

BLUEJAYWAY · January 21, 2025 9:04PM

Going by the photos the appearance is bland to these eyes. The eagle is the most unappealing aspect. I know most collectors seem to zero in on obverse appeal, but knowing that exists on the reverse kills my interest. But good luck in your pursuit wherever it leads you.

GRANDAM · January 21, 2025 10:04PM

Needs a good dip but at a MS67 grade it would take bigger ones than I have to do it.

PeakRarities · January 21, 2025 10:38PM

I can see why this coin could be appealing as a personality piece, IF it had a mid 3 figure price tag or below, but since it has a 10x value jump
To ms67, I would say no, no, no.

There is a reason the coin is priced like it is, and though it may appear like a bargain, it’s not. Sure, blazing luster helps me overlook a couple of hits. With that said, very few buyers will overlook numerous abrasions on a prime focal area, a below average to average strike, and neutral/polarizing toning, among other things. Unless you absolutely love it (which seems doubtful considering you had to ask), but at this grade and price I would implore you to be patient.

U1chicago · January 22, 2025 7:14AM

I don’t personally like the look at any grade level. At 67, and the price tag that comes with, I’d be even more cautious. I do see why some might like it and respect their views. However, I’d recommend that you keep looking given the price tag involved.

P0CKETCHANGE · January 22, 2025 7:18AM

@PeakRarities said:
I can see why this coin could be appealing as a personality piece, IF it had a mid 3 figure price tag or below, but since it has a 10x value jump
To ms67, I would say no, no, no.

There is a reason the coin is priced like it is, and though it may appear like a bargain, it’s not. Sure, blazing luster helps me overlook a couple of hits. With that said, very few buyers will overlook numerous abrasions on a prime focal area, a below average to average strike, and neutral/polarizing toning, among other things. Unless you absolutely love it (which seems doubtful considering you had to ask), but at this grade and price I would implore you to be patient.

Fully agree. This is the kind of coin that I would consider buying, but as a 66. When the value/price "cliffs up" as it does on this issue from 66 to 67, my level of scrutiny also rises proportionally.

291fifth · January 22, 2025 8:00AM

Unattractive toning pattern. Pass.

coastaljerseyguy · January 22, 2025 8:26AM

Not sure I'd buy any coin that jumps 10+X in price from prior grade without seeing in hand or at least having the CAC 2nd approval. Too much risk even if a nice coin.

messydesk · January 22, 2025 8:50AM

Rusted and pitted dies are common for 1924, causing the luster to look grainy or mottled, and it seems this coin suffers from that. If I compare with TVs of other 67s, which is also all I have to go on with the subject coin, I like many of those better than this coin. I also don't like this coin 10x more than a nice 66, which seems to be what the price spread is.

jerseycat101 · January 22, 2025 8:56AM

I read a few posts criticizing the OP coin, and I fully understand why.

However, I will offer some contrarian viewpoints:

The coin is unquestionably original
It appears to have original, thick luster than is only found on 1924
I have a weird, soft spot for this type of originality, and rather like the orange/brown toning along the perimeter.

If you don't buy it, i will

skier07 · January 22, 2025 9:46AM

I don’t care for it. I think the toning is unattractive. The price differential between a 66 and 67 is too rich for me. But it’s your collection and money and buy it if you like the coin. At the end of the day you’re supposed to be happy and not me or anyone else on the boards.

jedm · January 22, 2025 9:56AM

I like Peace dollars. When I saw it at first I thought 66, but over time I've learned to always look again and remember that peace dollars usually tend to be given a grade lower than what I see on my first examination. I really thought "wow this one may really be a 66!"
After reading the responses of many who have more experience in actually owning and seeing these high grade coins in hand, I come away with an appreciation of the nuances of not only grading, but personal preferences as well.
It'll be interesting to see whether you get that coin or @jerseycat101 does.

airplanenut · January 22, 2025 10:02AM

@MFeld said:

@TomB said:
I like it. Of course, should you buy it or not would depend upon its grade and price, but going just by the images I like the coin. She's got some thin lines on her cheek and a few nicks here and there, but I think the eye appeal overwhelms those negatives. Regarding a scratch in the left obverse field brought up by Mark, I had interpreted that to be more of a luster graze than anything else, but I could absolutely believe it to be a fine scratch.

Again, I like the coin and then went back to previous threads you have started about this series and it is apparent to me that you aren't looking for the typical, dipped blast-white Peace dollar and you also aren't looking for the unicorn, fully rainbow Peace dollar, but are instead looking for coins with character and those that have a presence in their aesthetics. Visually, this coin has powerful aesthetics, whether one likes it or not, and I think it has terrific luster and unequivocal originality. I find it attractive, but realize most (like really most) would not.

Tom’s positive comments about the coin, contrasted with negative ones from a number of other posters (myself included) illustrate beautifully, how individual tastes can differ. I have such high regard for him and his opinions that I’m already starting to view the coin more favorably.

And here I was just starting to view @TomB less favorably

johnny9434 · January 22, 2025 12:12PM

No, not for me. 🙂

Cougar1978 · January 22, 2025 12:18PM

Pass. No go for me. Too much surface damage from tarnish / bad spotting (biological attack).

Eldorado9 · January 22, 2025 12:31PM

Do not let the plastic influence you! The plastic is an illusion. Look only at the coin and judge it against other 1924's.

Colonialcoin · January 22, 2025 12:52PM

It is probably best to take a pass if you are seeking opinions and/or approval on whether or not you should buy a particular coin, especially a common date Peace dollar.

Cameonut · January 22, 2025 12:59PM

I don't care for it. Especially do not care for it as a 67. You can do much better imo.

golden · January 22, 2025 4:42PM

Now that I have seen it in the holder it is butt ugly.

anablep · January 22, 2025 6:18PM

Lots of viewpoints here, many in the “no” camp. I respect the thoughts on the coin. For me, I enjoy the unusual look but I’m wary of the price being a few thousand below the PCGS guide & lack of CAC at this grade level.

Thanks for all the advice & opinions.

MFeld · January 22, 2025 7:11PM

@airplanenut said:

@MFeld said:

@TomB said:> @anablep said:

Lots of viewpoints here, many in the “no” camp. I respect the thoughts on the coin. For me, I enjoy the unusual look but I’m wary of the price being a few thousand below the PCGS guide & lack of CAC at this grade level.

Thanks for all the advice & opinions.

Have you checked for prices realized of other non-CAC examples and what they brought compared to the PCGS price guide?

oldabeintx · January 22, 2025 7:32PM

Auction history indicates that the Guide may be on the high side. Nonetheless, considering the price jump between grades, I would want it stickered. (But then I wouldn’t reach for a 67 to begin with, given the 10x multiple. Not a registry guy.)

JerseyB · January 22, 2025 7:44PM

The toning is not for me. The coin in hand may look completely different. From the pictures it looks like it would be darker than I like

Coinscratch · January 22, 2025 9:22PM

It probably looks awesome in hand but not for what you’re looking for. To truly be a superior example that I’d be happy and secure with I would want to see either a more evenly toned or a blast white example.

Moldnut · January 22, 2025 9:43PM

Sticker or no damn sticker, that’s not one that I would want.

acsb · January 22, 2025 10:55PM

Not a big fan of the rust look.

ChrisH821 · January 23, 2025 7:01AM

Nice coin, but the marks on the cheek at the 67 grade are a real problem in my opinion. At a 65 grade I'd be more willing to accept them.
I realize this is a huge image, but those marks will be visible in the light without magnification.

anablep · January 23, 2025 7:21AM

@MFeld said:

Have you checked for prices realized of other non-CAC examples and what they brought compared to the PCGS price guide?

I have and they range from $5500 to $9600. Big spread. And that says a lot about availability I think. Thank you.

@ChrisH821 said:
Nice coin, but the marks on the cheek at the 67 grade are a real problem in my opinion. At a 65 grade I'd be more willing to accept them.
I realize this is a huge image, but those marks will be visible in the light without magnification.

I see what you mean!
Here’s a nice 67 with a clean cheek & gunmetal look that I like. It sold for $5600 a couple of summers ago.

I’m holding off on this purchase. Plenty of nice 66+ or 67’s out there. Thanks all.

hummingbird_coins · January 23, 2025 9:02AM

@ChrisH821 said:
Nice coin, but the marks on the cheek at the 67 grade are a real problem in my opinion. At a 65 grade I'd be more willing to accept them.
I realize this is a huge image, but those marks will be visible in the light without magnification.

I'm with you at 65. Don't forget about this one:

Seeking opinions on this 1924 Peace dollar before I buy

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