Should I stay away ? 1 1

[Ohnoimbroke]

Here we have a very nice 1921 I really like . I try and stay away from problem coins . This one is different. I've never seen one like it . Doesn't have a graded or any negative comments . Can someone please guide me in a direction either way . 

Edited August 26, 2022 by Ohnoimbroke

[J P M]

Welcome. It is a bit worn but if the price is right and you like it that is all that matters

[AdamWL]

I've seen coins from the west 57th St Collection labelled in different grades. Some have regular numerical grades, some just say something like "Genuine" and I think some may be Details.

The fact that this one does not have a numerical grade would give me pause. I have a couple of common Seated Halves from that collection with regular grades like this one, so I'm not sure why the inconsistency.

 

[J P M]

On 8/26/2022 at 6:23 PM, AdamWL said:

I've seen coins from the west 57th St Collection labelled in different grades. Some have regular numerical grades, some just say something like "Genuine" and I think some may be Details.

The fact that this one does not have a numerical grade would give me pause. I have a couple of common Seated Halves from that collection with regular grades like this one, so I'm not sure why the inconsistency.

 

Well NGC has it valued as a AG at $100

[Mr.Bill347]

IMO, I wouldn’t buy it. You could probably find a nice graded version for the same money.

Edited August 27, 2022 by Mr.Bill347

[Sandon]

   This coin seems to have VF or so details--even uncirculated 1921 Peace dollars are often weak in the centers--but it has a very unnatural looking surface, suggesting it has been harshly cleaned and/or buffed.  You shouldn't "like" it!  (On NGC certificate verification it is included with those graded "Poor" and valued at $100.)  AdamWL's Seated half dollar is a nice example of a circulated older silver coin with original surfaces.

   You should always buy the best coin you can afford, especially if it is a coin that is widely available in a variety of grades such as a 1921 Peace dollar.  I sometimes knowingly buy impaired coins if I think the coin is still decent looking, the price is right, and an unimpaired specimen with a similar amount of detail would be too expensive or likely too hard to find.  September's Coin World lists 1921 Peace dollars at $155 in VF 20, $210 in EF 40. I don't know what the seller of this severely impaired one is asking, but if I were you, I'd save up for the best unimpaired (or at least less impaired) one I could afford.

Edited August 27, 2022 by Sandon