What's the goin price for a 1928 Peace dollar these days?

Comments

• ER Posts: 7,345 ✭

  December 10, 2005 4:50AM

  Looks cleaned.

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• Outhaul Posts: 7,440 ✭✭✭✭✭

  December 10, 2005 4:54AM

  Looks polished or it's an extremely zhitty picture.

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• SilverHaze Posts: 509

  December 10, 2005 5:02AM

  If it HAS been cleaned, does that make it any LESS valuable? If so, what would be a fair price for THIS particular one? I need a nice one for my album and this one looks alot nicer than the one I have now.
  
  
  
  
  
  
  
  
  
  
  
  
  "Happy Holidays" my foot... MERRY CHRISTMAS everyone!
  

  As you grow older, you'll find the only things you regret are the things you didn't do. ~Zachary Scott <>
  Why not go out on a limb? Isn't that where the fruit is? ~Frank Scully

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• DennisH Posts: 14,011 ✭✭✭✭✭

  December 10, 2005 5:11AM

  MS details net A50 cleaned. Ballpark value $375

  When in doubt, don't.

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• Barndog Posts: 20,516 ✭✭✭✭✭

  December 10, 2005 5:23AM

  Beware removed mint marks!

  JR Newsletter Online Edition

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• BillJones Posts: 34,850 ✭✭✭✭✭

  December 10, 2005 5:26AM

  The 1928 Peace Dollar has what dealers call "a high basal value." By that we mean that the low grade ones catalog for very little less than the low end Uncirculated pieces. For example the Gray Sheet “bid” is $325 in VG and only $380 in MS-60. The grades in between show increments of mostly $10 for each step up.
  
  I have never understood this pricing structure. With MS-60s and 61s available in a little over $400, why would you mess with a VG? It makes no sense to me.
  
  I don’t like the coin that started this thread one bit. It’s been polished and is probably AT to boot. I’d also be leery of a removed mint mark. I’ve seen a few so-called 1928 coins that were actually S mint coins that had been altered. The 1928-S sells for as much or a lot more than the 1928-P in MS-64 and higher, in the circulated grades, it's a low priced coin. That provides an incentive to remove the mint mark.
  
  Bottom line, I would not bid on this coin and would decline to make an offer on it if someone tried to sell it to me at a show. Life’s too short to mess with crap like this.
  

  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 ... ?

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• mirabela Posts: 5,105 ✭✭✭✭✭

  December 10, 2005 5:46AM

  If you keep your eyes open, you can get an absolutely awesome NGC, PCGS, or ANACS high-end AU 1928 for $375-400. There is no reason to d!ck around with this coin.

  mirabela

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• 291fifth Posts: 24,710 ✭✭✭✭✭

  December 10, 2005 5:46AM

  Pass. Just another example of a coin that should be slabbed but isn't. It is also my opinion that 1928 Peace Dollars are a very overrated coin.

  All glory is fleeting.

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• BillJones Posts: 34,850 ✭✭✭✭✭

  December 10, 2005 5:55AM

  
  
  << <i>If you keep your eyes open, you can get an absolutely awesome NGC, PCGS, or ANACS high-end AU 1928 for $375-400. There is no reason to d!ck around with this coin. >>
  
  
  
  I blew off a perfectly acceptable MS-61 to a dealer for $435 after I had had it in inventory for several months. These coins are around and the date is overrated; but MS-64 and ESPECIALLY MS-63 coins are very saleable.

  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 ... ?

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• nickel Posts: 662

  December 10, 2005 5:56AM

  coins from an 'estate' should not cost more. a coin is a particular grade . it has a price for that grade . as for 'not a coin dealer' how does one come up with ms60-62 or better? probably to inflate selling price

  Home of quality widgets

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• TwoSides2aCoin Posts: 44,625 ✭✭✭✭✭

  December 10, 2005 6:01AM

  Thanks Bill Jones.........that's a great assessment of value .... and my thought after looking at this coin:
  
  
  $100 max.... then I see where it is at (auction price) and think.... " someone is getting ripped" ! IMO

  ``https://ebay.us/m/KxolR5

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• Deadhorse Posts: 3,720 ✭

  December 10, 2005 6:05AM

  Raw coins and eBay are generally not a good mix.
  
  This one is a fine example of why.

  "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
  John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff

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• SilverHaze Posts: 509

  December 10, 2005 7:00AM

  Thanks to all of you folks! I sincerely appreciate, respect, and (like always) will heed your input.
  Not only is this a very educational forum... checking it periodically has saved me lots of hard earned money and has helped me spend it wisely!
  
  THANK YOU, it's nice to know you guys (and gals) are here, and are always willing to help!
  
  Dave
  
  
  
  
  
  
  
  
  GO STEELERS!
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  

  As you grow older, you'll find the only things you regret are the things you didn't do. ~Zachary Scott <>
  Why not go out on a limb? Isn't that where the fruit is? ~Frank Scully

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