1928 Peace Dollar Opions... BACK from ANACS

I've been selling odds and ends like govt. boxed proof coins, etc., on eBay and want to sell this 1928 Peace dollar, but I'm not sure if it's been cleaned or tampered with and don't want to rip anyone off.
What can you tell me by these scans? Also, I forgot what grade it's supposed to be (I think AU58 or MS60?) so if you don't mind giving me opinions on these questions. Thanks.

What can you tell me by these scans? Also, I forgot what grade it's supposed to be (I think AU58 or MS60?) so if you don't mind giving me opinions on these questions. Thanks.


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<< <i>I'd be less worried about ripping off others, and more about ripping off yourself! As is, many bidders will assume it's a cleaned coin with problems--or worse. Perhaps a couple hundred bucks. But if it's graded by ANACS (pretty inexpensive) and comes back AU-and genuine---it could easily fetch several hundred more-- and in MS63/4 you stand realize much,much more. When bidding gets up there, people want a guarantee that it's a real 28-P, not a cheap junk 1928-S that had the S removed--so get it certified (see certification thread) >>
Agreed. For a key date coin like that, certification will likely maximize its value when sold.
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Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
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Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
Has some luster, but noticeable wear, so I'll say AU50. Possibly cleaned, possibly not. There's not a lot of spread in price between EF (or VF for that matter) and AU. Still, a trip to ANACS should remove all doubt of its authenticity.
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<< <i>If this is the same coin, it says alot about Anacs and loosening grading standards... dont Ya think? >>
What it says to me is that I need to look for more of those old ANACS graded coins.
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<< <i>It's the same coin. I left the hobby around 1991 and returned this year. I started this thread because I thought I remembered something about this coin being cleaned and wasn't sure. Now, I'm still not sure. Doesn't ANACS use a grading set? I don't understand how a numerical grade could vary so much. >>
Do a search on "gradeflation" -- in short 1991's XF45's have become today's AU50's and AU55's....Mike
<< <i>Before I look it up, should MS & proof coins from back then grade higher now? With the top grading services? Do coins in old holders bring a premium? I want to start a new thread using these two cert. photos to start off. >>
You really just need to look at the coin and grade it yourself. A good chunk of these were may have been undergraded, but a good chunk that are LEFT may not be undergraded (or even overgraded) as one has to believe a good number of the undergraded ones were already cracked. As always, buy the coin, not the holder. In this case, it may have been a combo of the coin being undergraded back then, and standards loosening somewhat over the past 25 years.
Also, because a coin was cleaned/dipped does not mean it gets bagged, or deserves to get bagged. A very lightly cleaned AU coin that has decent luster usually will get holdered, which appears to be the case with your 1928 Peace Dollar.