Which Peace Dollar is graded higher? **REVEALED**

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P0CKETCHANGE
P0CKETCHANGE Posts: 3,734 ✭✭✭✭✭
edited January 26, 2025 6:26PM in U.S. Coin Forum

(answer revealed in a thread comment)

One of these 1924 Peace Dollars is graded higher than the other, and has a CAC sticker. Which one is it?

(vote in the poll below the images)


Coin 1



Coin 2

Which Peace Dollar is graded higher? **REVEALED**

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Comments

  • DisneyFan
    DisneyFan Posts: 2,965 ✭✭✭✭✭
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    Coin 1 is graded higher

    2 has better striking details and the picture for #1 appears more fuzzy. However, #1 appears to have less dings. Thus winner #1

  • pcgscacgold
    pcgscacgold Posts: 3,831 ✭✭✭✭✭
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    I think Coin #1 is the better coin (even if not graded higher). I don't like the spotting on the reverse of Coin #2. To me it looks like left overs from a dip.

    Completed All CAC approved Classic Head $5 set https://www.pcgs.com/setregistry/mysetregistry/album/344241
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  • Texas77
    Texas77 Posts: 645 ✭✭✭✭✭
    edited January 26, 2025 7:58AM
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    Coin 2 is graded higher

    my personal taste is for coin #1: however, the strike on coin 2 is so much sharper I vote for #2 as the CAC candidate notwithstanding a few of the distracting marks.

  • Ebeneezer
    Ebeneezer Posts: 401 ✭✭✭
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    Coin 1 is graded higher

    I voted #1 as well. To comment on pcgscacgold, milk spots don't generally affect the grade as they are concidered eye-appeal. But I'd pass as well for that reason.

  • johnny9434
    johnny9434 Posts: 34,073 ✭✭✭✭✭
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    Coin 1 is graded higher

    @JW77 said:
    my personal taste is for coin #1: however, the strike on coin 2 is so much sharper I vote for #2 as the CAC candidate notwithstanding a few of the distracting marks.

    I love the strike onl the 2nd one a nice piece to own 🙂

  • hickoryridge
    hickoryridge Posts: 265 ✭✭✭
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    Coin 1 is graded higher

    1 for me, #2 has been dipped

  • Texas77
    Texas77 Posts: 645 ✭✭✭✭✭
    edited January 26, 2025 11:33AM
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    Coin 2 is graded higher

    17 to 1 for coin #1 as of now. How will I ever recover from this shame
    Edited at 10:31A.M. Pacific. Now 30% of population has joined me; no longer isolated and embarrassed, I am a proud forumite :D

  • Copperindian
    Copperindian Posts: 3,376 ✭✭✭✭✭
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    Coin 1 is graded higher

    I like the strike & overall detail on coin #2, but #1 has less marks & therefore is the “better” coin.

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  • BillJones
    BillJones Posts: 35,935 ✭✭✭✭✭
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    Coin 1 is graded higher

    Coin one has less marks. Coin two, going by the photos, got the sharper strike.

    As a type collector, I would not buy either one of them. There are better impressions of the design out there.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • seatedlib3991
    seatedlib3991 Posts: 1,630 ✭✭✭✭✭
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    Coin 1 is graded higher

    They look to be the same grade to me but I voted for #1 because I fould the small mark on liberty's nose on #2 distracting. James

  • RedRocket
    RedRocket Posts: 1,936 ✭✭✭✭✭
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    Coin 2 is graded higher

    Peace #2 by a country mile.
    The luster and the strike are worthy of a CAC sticker.
    The slide marks on the cheek of Peace #1 are too distracting for CAC to ignore.

  • Crypto
    Crypto Posts: 4,098 ✭✭✭✭✭
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    Coin 2 is graded higher

    Peace dollar grading at the 63 and above level is about luster, luster and then luster. The base grade is calculated and then demerits are subtracted. Coin 2s base grade is higher by 2 to 2.5 grades to coin 1s and then the few minor ticks are subtracted which IMHO still leave it superior. While coin 1 has few demerits it doesn’t face up like a 67+ - 68 like the bottom coin does before the ticks are accounted for.

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  • FlyingAl
    FlyingAl Posts: 4,470 ✭✭✭✭✭
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    Coin 1 is graded higher

    Despite the fact I voted #1, number two probably has the higher grade.

    Just a hunch.

    Coin Photography

  • relicsncoins
    relicsncoins Posts: 8,302 ✭✭✭✭✭
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    Coin 2 is graded higher

    Coin2 based on the luster.

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  • logger7
    logger7 Posts: 9,862 ✭✭✭✭✭
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    Coin 1 is graded higher

    The first has an ethereal look, unique eye appeal.

  • Shurke
    Shurke Posts: 782 ✭✭✭✭✭
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    Coin 2 is graded higher

    I’ve got coin 2, as it has a sharper strike, and based on these images, appears to have stronger luster.

  • dcarr
    dcarr Posts: 10,259 ✭✭✭✭✭
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    Coin 2 is graded higher

    At first look, coin 1 appears to have the cleaner cheek.
    But additional lighting angles probably show that it has more marks than coin 2.

    So I vote coin 2 is higher.

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  • MrScience
    MrScience Posts: 787 ✭✭✭
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    Coin 2 is graded higher

    With Peace dollars at Newport Beach, luster uber alles....

  • alaura22
    alaura22 Posts: 3,963 ✭✭✭✭✭
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    Coin 1 is graded higher

    I like #1

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  • marcmoish
    marcmoish Posts: 6,938 ✭✭✭✭✭
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    Coin 1 is graded higher

    1 looks superior overall so that's my pick.

  • fiftysevener
    fiftysevener Posts: 943 ✭✭✭✭
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    Luster on both coins is superb but MS 67 grades are tough to get on Peace Dollars. Both have their merits.

  • BryceM
    BryceM Posts: 11,940 ✭✭✭✭✭
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    Coin 2 is graded higher

    I strongly prefer coin number 2, primarily based on what I can infer about luster from the photos.

  • Texas77
    Texas77 Posts: 645 ✭✭✭✭✭
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    Coin 2 is graded higher

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  • Coinscratch
    Coinscratch Posts: 11,086 ✭✭✭✭✭
    edited January 27, 2025 6:09AM
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    Coin 2 is graded higher

    Late but clearly coin two (darker luster) has a much stronger (68 quality) strike.

    Maybe it's just coincidence but here is a similar looking pair graded 68 and 69.


  • ProofCollection
    ProofCollection Posts: 8,063 ✭✭✭✭✭
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    Coin 1 is graded higher

    @P0CKETCHANGE said:
    REVEAL BELOW

    The higher graded coin is Coin #2, in an MS66+ holder w/CAC approval. Coin #1 is in an MS66 holder, no CAC.

    I thought this would be an interesting post because they are two attractive high grade gem Peace dollars, but each has different strengths—Coin #2 wins clearly on luster, while Coin #1 appears to be somewhat cleaner re: hits/marks.

    The surfaces of Coin #1 have some granularity, common on this issue due to die treatments (acid wash) or other die corrosion, while Coin #2's surfaces are much smoother. There are coins graded 67 that show similar surface granularity.

    I don't have either coin in hand so I can't say which one I like "better"—I suspect they're just different and will appeal differently based on a collector's preferences. My gut says I'd like #1 better, as I generally like cleaner cheek/neck on these.

    Interestingly, voting at one point was 17-1 in favor of Coin #1 (w/ @JW77 as the sole Coin #2 supporter), but swung back to a 2-1 ratio when a few astute posters went against the consensus. Thanks for the (mostly) thoughtful comments.

    Was coin #`1 rejected by CAC or hasn't been there yet (that you know of)?

  • VanHalen
    VanHalen Posts: 4,330 ✭✭✭✭✭
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    Coin 1 is graded higher

    To say that one graded higher than the other and has a CAC sticker is misleading. CAC stickered the coin as a 66. They did not sticker the coin in a higher grade than the other.

  • PeakRarities
    PeakRarities Posts: 4,858 ✭✭✭✭✭
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    @VanHalen said:
    To say that one graded higher than the other and has a CAC sticker is misleading. CAC stickered the coin as a 66. They did not sticker the coin in a higher grade than the other.

    I’m not sure I understand, is it a matter of wording? Coin #1 does not have a CAC sticker, and doesn’t have a + either. If #1 had had either the + or sticker I could see how it might cause confusion, but it seems that both grading services gave it a better grade (in their own way)…. Of course, this is assuming that #1 was submitted and failed to sticker.

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  • Maywood
    Maywood Posts: 4,390 ✭✭✭✭✭
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    Coin 2 is graded higher

    I don't see it as a type of "market grading" at all, I see it as strong luster equates to a better strike.

    That was stated clearly by @JW77 in the 2nd reply to the thread. If you use the right click option on the OP images and have each coin image enlarged it's clear to see how much better struck coin 2 is. Additionally, each coin has some slight contact marks but I don't see one being better/worse than the other.

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  • VanHalen
    VanHalen Posts: 4,330 ✭✭✭✭✭
    edited January 27, 2025 6:05AM
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    Coin 1 is graded higher

    @PeakRarities said:

    @VanHalen said:
    To say that one graded higher than the other and has a CAC sticker is misleading. CAC stickered the coin as a 66. They did not sticker the coin in a higher grade than the other.

    I’m not sure I understand, is it a matter of wording? Coin #1 does not have a CAC sticker, and doesn’t have a + either. If #1 had had either the + or sticker I could see how it might cause confusion, but it seems that both grading services gave it a better grade (in their own way)…. Of course, this is assuming that #1 was submitted and failed to sticker.

    You cannot assume CAC has seen both coins. CAC stickered coin #2 as a 66. Superlatives (+, *, etc) are not taken into account by CAC. The wording implies the coin was both a higher grade coin and stickered at a higher grade by CAC. It was not stickered by CAC at a higher grade. The green sticker tells us CAC believes it was a solid 66.

    From these images submitting coin #1 to CAC would likely yield the same green sticker "a solid 66".

  • Walkerfan
    Walkerfan Posts: 10,392 ✭✭✭✭✭
    edited January 27, 2025 8:09AM
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    Coin 2 is graded higher

    I voted before looking at results. Coin 2 has better luster and slightly better surface preservation. Better strike, as well.

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  • FlyingAl
    FlyingAl Posts: 4,470 ✭✭✭✭✭
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    Coin 1 is graded higher

    Here's another 66+ CAC. Looks a lot closer to coin #1 than coin #2.

    Coin Photography

  • MFeld
    MFeld Posts: 17,135 ✭✭✭✭✭
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    @Maywood said:
    I don't see it as a type of "market grading" at all, I see it as strong luster equates to a better strike.

    That was stated clearly by @JW77 in the 2nd reply to the thread. If you use the right click option on the OP images and have each coin image enlarged it's clear to see how much better struck coin 2 is. Additionally, each coin has some slight contact marks but I don't see one being better/worse than the other.

    How does strong luster equate to a better strike? I’ve seen many weakly struck coins with strong luster, as well as sharply struck coins with subdued luster.

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

  • PeakRarities
    PeakRarities Posts: 4,858 ✭✭✭✭✭
    edited January 27, 2025 6:46PM
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    @VanHalen said:

    @PeakRarities said:

    @VanHalen said:
    To say that one graded higher than the other and has a CAC sticker is misleading. CAC stickered the coin as a 66. They did not sticker the coin in a higher grade than the other.

    I’m not sure I understand, is it a matter of wording? Coin #1 does not have a CAC sticker, and doesn’t have a + either. If #1 had had either the + or sticker I could see how it might cause confusion, but it seems that both grading services gave it a better grade (in their own way)…. Of course, this is assuming that #1 was submitted and failed to sticker.

    You cannot assume CAC has seen both coins. CAC stickered coin #2 as a 66. Superlatives (+, *, etc) are not taken into account by CAC. The wording implies the coin was both a higher grade coin and stickered at a higher grade by CAC. It was not stickered by CAC at a higher grade. The green sticker tells us CAC believes it was a solid 66.

    From these images submitting coin #1 to CAC would likely yield the same green sticker "a solid 66".

    I follow you now, that's why I added the caveat at the end because my interpretation of the thread was that OP knew that both had been submitted. I was a bit surprised myself because I thought it looked pretty good as a 66 as well. Thanks for clarifying.

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  • bsshog40
    bsshog40 Posts: 4,037 ✭✭✭✭✭
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    I'm a little late to the party, but I would have guessed #1. Less marks.

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