1924 peace

[zboyle04]

I love frosty coins, and this 1924 peace is very frosty. It currently resides in a PCGS Old Green Holder. Of all the OGH coins i have, most are solid for the grade, but i think this one has a good chance for upgrade. The obverse is completely mark free!!! Let me know what you think!

[Coindude]

Too much non visible area to give a good grade. I do like the satiny finish though. From what I can see, if I were to have to give a guess, I would say at least 65.

[jerseycat10]

Obverse looks 65+ or 66 to me. Can't see good enough pics of the reverse to render complete judgement.

 

Nice coin!

[coinman_23885]

I'm going to guess that PCGS gave this coin a grade of MS65; however, on today's market, I would guess MS66, maybe MS66+.

 

EDITED TO ADD: Is this one of your coins from the buy/sell/trade forum? I noticed the highest grade you have listed there is MS64, and I would be surprised to see this in a 64 holder, even in an old green holder (unless your photographs are off).

[FishyOne]

Looks like it has a good shot at 65 in these images.

[Chris1976]

MS65 hands down, at least what I feel the slab would say. As for upgrade, I dont see why it wouldnt get MS66+

 

-Chris#2

[zboyle04]

I'm going to guess that PCGS gave this coin a grade of MS65; however, on today's market, I would guess MS66, maybe MS66+.

 

EDITED TO ADD: Is this one of your coins from the buy/sell/trade forum? I noticed the highest grade you have listed there is MS64, and I would be surprised to see this in a 64 holder, even in an old green holder (unless your photographs are off).

 

this coin is not in the buy and sell section. I do have some PCGS OGH peace for sale/trade/whatever that are MS64 and i do not believe those ones would upgrade

[SPeck95512]

I don't even collect peace dollars because I'm not a fan of the weak strike look. I would happily spend some of my hard earned money on this coin though!

[JOBESSI]

yowza! 65+

[James_OldeTowne]

I think it is a strict MS-65, and no higher. Here again, we have an abundantly common date silver dollar, clearly a GEM, but there are minor ticks, notorious milk spots, and the eagle's feathers have seen roll friction. I would not attempt to get an upgrade, based on only a small increase in value, but a loss in grading fees.

[zboyle04]

most of you were spot on, it currently resides in a PCGS OGH at MS65. I feel the obverse is without a doubt MS66+ the reverse is solid for a MS65. I know the TPG often give more weight to the obverse on certain coins, and i feel that the strong obverse more than makes up for the reverse and i think it has a fair shot at MS66. In this case i do think it is cost worthy as a MS65 value is around $200, MS66 is around $600.

[SouthFlorida guy]

most of you were spot on, it currently resides in a PCGS OGH at MS65. I feel the obverse is without a doubt MS66+ the reverse is solid for a MS65. I know the TPG often give more weight to the obverse on certain coins, and i feel that the strong obverse more than makes up for the reverse and i think it has a fair shot at MS66. In this case i do think it is cost worthy as a MS65 value is around $200, MS66 is around $600.

 

The risk/reward ratio is in your favor. Worst you can lose is 60.00 bucks. If you feel really confident, give it a shot.

 

Good luck

[FishyOne]

most of you were spot on, it currently resides in a PCGS OGH at MS65. I feel the obverse is without a doubt MS66+ the reverse is solid for a MS65. I know the TPG often give more weight to the obverse on certain coins, and i feel that the strong obverse more than makes up for the reverse and i think it has a fair shot at MS66. In this case i do think it is cost worthy as a MS65 value is around $200, MS66 is around $600.

 

I try to do a cost-benefit analysis in these situations. Let's say it costs you $60 to try an upgrade and the potential benefit is $400 ($600 MS66 - $200 MS65).

 

You then "figure your odds" and that's where it gets subjective. $60/$400 is 15%. If you feel you have better than a 15% chance of getting an upgrade, then it's worth a shot. On this small a scale, it's a judgement call but I run these types of things through my head on every submission and have done pretty well.

 

Good Luck!

[Mark T]

most of you were spot on, it currently resides in a PCGS OGH at MS65. I feel the obverse is without a doubt MS66+ the reverse is solid for a MS65. I know the TPG often give more weight to the obverse on certain coins, and i feel that the strong obverse more than makes up for the reverse and i think it has a fair shot at MS66. In this case i do think it is cost worthy as a MS65 value is around $200, MS66 is around $600.

 

I try to do a cost-benefit analysis in these situations. Let's say it costs you $60 to try an upgrade and the potential benefit is $400 ($600 MS66 - $200 MS65).

 

You then "figure your odds" and that's where it gets subjective. $60/$400 is 15%. If you feel you have better than a 15% chance of getting an upgrade, then it's worth a shot. On this small a scale, it's a judgement call but I run these types of things through my head on every submission and have done pretty well.

 

Good Luck!

 

 

 

Fishy – you sound like a poker player calculating the odds on whether to call a bet or fold.

[James_OldeTowne]

I try to do a cost-benefit analysis in these situations. Let's say it costs you $60 to try an upgrade and the potential benefit is $400 ($600 MS66 - $200 MS65).

Be careful of these numbers, however. Have you ever tried to sell a common-as-dirt Peace dollar for $600 in MS-66? I have, and it just doesn't happen. I think the upside potential is definitely significantly less than implied by the $600 quote.

[coinman_23885]

I try to do a cost-benefit analysis in these situations. Let's say it costs you $60 to try an upgrade and the potential benefit is $400 ($600 MS66 - $200 MS65).

Be careful of these numbers, however. Have you ever tried to sell a common-as-dirt Peace dollar for $600 in MS-66? I have, and it just doesn't happen. I think the upside potential is definitely significantly less than implied by the $600 quote.

 

I agree. I have seen ACCURATELY graded MS66 common date Peace Dollars on eBay for less than $500 in NGC/PCGS holders.

[coinman_23885]

 

The risk/reward ratio is in your favor. Worst you can lose is 60.00 bucks. If you feel really confident, give it a shot.

 

Good luck

 

If you send it in, please let us know what PCGS or NGC says!