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The Toned Peace in Legend-Morphy Auction

Started by Catbert,

228 posts in this topic

jom

jom

Posted
Posted
OK, gentlemen - I made a point of viewing this coin in hand today. IMO, a stone cold 65 with spectacular color. In the opinion of Martin Paul - world class grader who happened to be seating next to me - a technical 65- with color that just isn't seen on a Peace Dollar making it an easy 65.

 

Thus far, those who have viewed it in person, seem to be grading it higher than those who haven't. ;)

 

I actually find this very interesting, all from this thread that have viewed the coin agree with the 65 grade and imo you all are highly respected and more than qualified to offer an accurate assessment. So why 7 times for PCGS?

 

Nick

 

Good question. There IS a big jump in price from 64 to 65 so maybe PCGS needed some convincing the coin had a market value at 65. They are on the hook if they screw it up. But, yeah, I know...that's "market grading" but it's my best guess. (shrug)

 

jom

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TonerGuy

TonerGuy

Posted
Posted
IMO, once you make the statement that toned Peace dollars are AT, it takes some convincing to go to gem....

 

That makes no sense...

 

Do you mean PCGS will grade toned AT Peace $ just not at gem level unless someone pays 7 grading fees ?

 

Nice !

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TonerGuy

TonerGuy

Posted
Posted
Final sale price: $11,500.00

 

(plus bp / sh / ins )

 

Hooray Hooray ! Its nice to see a toned Peace $ go for that much!

 

Well it still didnt break any premium records though...Larry Shapiro (corrected) got a MS66 for $5300...

 

This one brought about a $4000 premium for the toning and/or name... and/or bragging rights. Pick one, or two or all three.

 

Whats the over/under price when it comes up for sale again ?

 

$10,000 - $11,000 - $12,000 - $12,500 - $13,000 ?

 

Anyone want to venture a guess ?

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MJ

MJ

Posted
Posted
Final sale price: $11,500.00

 

(plus bp / sh / ins )

 

Hooray Hooray ! Its nice to see a toned Peace $ go for that much!

 

Well it still didnt break any premium records though...Larry Shepard's got a MS66 for $5300...

 

This one brought about a $4000 premium for the toning and/or name... and/or bragging rights. Pick one, or two or all three.

 

Whats the over/under price when it comes up for sale again ?

 

$10,000 - $11,000 - $12,000 - $12,500 - $13,000 ?

 

Anyone want to venture a guess ?

 

Well it wasn't for the name.It wasn't ex Duckor.

 

MJ

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MarkFeld

MarkFeld

Posted
Posted
Final sale price: $11,500.00

 

(plus bp / sh / ins )

 

Hooray Hooray ! Its nice to see a toned Peace $ go for that much!

 

Well it still didnt break any premium records though...Larry Shepard's got a MS66 for $5300...

 

This one brought about a $4000 premium for the toning and/or name... and/or bragging rights. Pick one, or two or all three.

 

Whats the over/under price when it comes up for sale again ?

 

$10,000 - $11,000 - $12,000 - $12,500 - $13,000 ?

 

Anyone want to venture a guess ?

 

Did Larry Shepherd sell his at that price? If not, it doesn't count as a premium record. And you should know better than that.

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MJ

MJ

Posted
Posted
It was just a beautiful coin. Very beautiful

 

I heard that from everyone who actually viewed it. All of which were non Peace dollar guys.

 

MJ

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TonerGuy

TonerGuy

Posted
Posted
Final sale price: $11,500.00

 

(plus bp / sh / ins )

 

Hooray Hooray ! Its nice to see a toned Peace $ go for that much!

 

Well it still didnt break any premium records though...Larry Shepard's got a MS66 for $5300...

 

This one brought about a $4000 premium for the toning and/or name... and/or bragging rights. Pick one, or two or all three.

 

Whats the over/under price when it comes up for sale again ?

 

$10,000 - $11,000 - $12,000 - $12,500 - $13,000 ?

 

Anyone want to venture a guess ?

 

Did Larry Shepherd sell his at that price? If not, it doesn't count as a premium record. And you should know better than that.

 

No I dont think Shapiro sold it yet... but the 23-S still didnt set a premium record - it only commanded a .5x premium as compared to its Grey Sheet price. Unless you consider the coin an MS64 (which PCGS did 7x) then it did probably set a premium record at 25-30x sheet - which is huge ! There have been numerous common date toned Peace $ that have sold for 10x and some even 20x their bid price but none that I know of close to 30x.

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dimefreak

dimefreak

Posted
Posted
Final sale price: $11,500.00

 

(plus bp / sh / ins )

 

Hooray Hooray ! Its nice to see a toned Peace $ go for that much!

 

Well it still didnt break any premium records though...Larry Shepard's got a MS66 for $5300...

 

This one brought about a $4000 premium for the toning and/or name... and/or bragging rights. Pick one, or two or all three.

 

Whats the over/under price when it comes up for sale again ?

 

$10,000 - $11,000 - $12,000 - $12,500 - $13,000 ?

 

Anyone want to venture a guess ?

 

Did Larry Shepherd sell his at that price? If not, it doesn't count as a premium record. And you should know better than that.

 

No I dont think Shapiro sold it yet... but the 23-S still didnt set a premium record - it only commanded a .5x premium as compared to its Grey Sheet price. Unless you consider the coin an MS64 (which PCGS did 7x) then it did probably set a premium record at 25-30x sheet - which is huge ! There have been numerous common date toned Peace $ that have sold for 10x and some even 20x their bid price but none that I know of close to 30x.

 

For the last time..... THE COIN IS A NO BRAINER MS65!!!Forget about the the atleast 7 submissions.... You act like we pay PCGS to graded coins or something!

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MJ

MJ

Posted
Posted
Did ankur win this?

 

He said no to winning anything in this auction ATS.

 

MJ

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Coindude

Coindude

Posted
Posted

So now that he's been reinstated ATS he's too cool to post anywhere except the Marketplace? lol

 

Just messin with you Ankur... but at least stop by and say hi!!

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