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Peace Dollars
Howdy all...
I was wondering why it is so hard to find rainbow and blue toned Peace Dollars? Seems they are somewhat abundantly available for Morgans. Is it just because the Peace's are not as old as the Morgans or is there some kind of conspiracy??? hehe
Thanks for the help.
I was wondering why it is so hard to find rainbow and blue toned Peace Dollars? Seems they are somewhat abundantly available for Morgans. Is it just because the Peace's are not as old as the Morgans or is there some kind of conspiracy??? hehe
Thanks for the help.
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When you do find a nice attractive toned Peace$ they are expensive and most people won't pay the price. Which is good so I get my pick of what's available
<< <i>Thanks for the info guys! I guess my pipe dream of a complete collection of Blue Peace Dollars ain't gonna happen >>
If you are looking for just blue ones, then probably not. However, I have managed to put together a set (4 short of complete) of completely toned Peace $. I only need the 26-D, 27-D, 28 & 34-S to complete it. All of the coins are graded between MS60-MS65. It has taken alot of hard work and searching to find these examples. It is no easy feat. I think it's probably the only toned date & mintmark set currently assembled.
I would just do something much easier. If you just want toned Peace $, just collect a few nice examples. That's really easy to do and it won't be that much of a time investment. Most of the larger coin dealers will carry one or two toned examples of the more common dates. Though they will be expensive, you too could have at least one blue Peace dollar.
Michael
With the exception of the common Peace such as the 22 P, D, & S and 23 P & S with a combined mintage of 130 million most Peace issues numbered around 1 million. That only leaves 60 million coins to make up the other 19 dates in the series. Total Peace mintage was 197 million.
Morgans had a combined mintage of 657 million coins, many of which were stored in mint bags conducive to toning. It has been estimated that only ¼ to a little less than a ½ of the total Morgan mintage survives, most of those being the better quality coins such as nice toned and higher grade ones.
Plus like stman said, the planchets had a large part to do with it. Morgans planchet strips were greased with tallow, washed with lye and the planchets were dipped in sulfuric acid and tumbled dried in sawdust, all of which is conducive to tarnishing or tone. The dies were basined or highly polished which also gives the coin a smoother more reflective surface.
Several steps were eliminated in the Peace dollars, mostly the basining process which resulted in rougher textured coins and the sawdust drying which was replaced by gas ovens which made a planchet that wasn't as conducive to attractive toning.
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