1921-1924 peace dollars

[Jyorsky]

I have opportunity to buy 7, 1921-1924 d peace dollars in uncirculated condition.
I offered $20 each. I will see them tomorrow, they are from estate.
Am I over paying?

 

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[Kray Gelder]

If they are average, and not uncirculated, I see where that's a few dollars two much, whereas, if they are nice AU, that would be on the low side, but not by much. I don't think you could flip them right away and make much.

 

[ToddsPoint]

I think the 21 is desirable because it is high relief. Gary

 

[kingskid1611]

That is about average for them. If you plan to make money it wouldn't be much but if you are a collector or stacker you'll be fine.

 

[huntsman53]

If the O.P. gets all 7 coins for a total of $140 and they are all uncirculated as stated, then that is a steal. In Mint State, the 1921 alone is worth almost twice that. Hopefully the coins were not whizzed to appear uncirculated,

 

[Jyorsky]

Well, the rest of the story..., no 21, peace, just couple 21 Morgan’s. And the rest Peace dollars .
Pictures of the best, rest are in fair condition, including the Morgan’s

 

[Johnnybravo300]

I get mine for 15 but they are circulated and fairly worn at times. 20 for bu seems cheap.

 

[Jyorsky]

Would these be Bu your opinions?

 

[PetesPockets55]

The 1922p looks uncirculated (63?) but the pair of 1923d and 1923P look AU tops.

 

[Megalodon]

The 1922p looks uncirculated (63?) but the pair of 1923d and 1923P look AU tops.

Yep. And that is generous on the two 1923 coins. The one with the obv rim knock would be lucky to get EF40.

 

[Jyorsky]

Ya thaink the 22p is worth being sent in to be graded?
Almost like rolling the dice in what the graded things
Does anybody know what the cost for grading is and the r o i.

 

[Megalodon]

If you already bought them, I would just enjoy them. But if you think the 22P might reach MS-66, then its worth doing if you plan to resell. It is hard to grade by photographs and the difference between a MS-65 and 66 is very slight but the 66 would be worth at least triple. i think PetesPocket is realistic with the MS-63 estimate. Go to the PCGS and PNG websites for grading costs.

 

[Jyorsky]

Much thanks for sage advice

 

[huntsman53]

Sorry but they are all common dates and to have any certified and graded would be a waste on the investment. While the 1922-P might qualify as MS, it is too low of a grade to really have a large premium. I buy the same coins at $15 each and sell them for $17 each. I can most often get common Morgans for $15 to $16 each and sell them for $18 each. I truly hope that you did not pay $20 each for the coins as the really don't have much if any intrinsic value over the value of the Silver they contain seeing that they are not high grade. However, don't sweat it as it is a learning process and we all have to learn.

 

[A2coins]

I would keep them for later hopefully silver will rise in the future