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Thread: 1921-1924 peace dollars

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  1. #1

    Sep 2012
    MXT PRO AT GOLD ACE 250
    264
    187 times
    All Types Of Treasure Hunting

    1921-1924 peace dollars

    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?

  2. #2
    Charter Member
    us
    papa

    Feb 2017
    Georgetown, SC
    Fisher F75
    3,258
    5951 times
    Metal Detecting
    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.


    "And so the population was gradually led into the demoralising temptations of arcades, baths, and sumptuous banquets. The unsuspecting Britons spoke of such novelties as 'civilisation', when in fact they were only a feature of their enslavement." Tacitus, Roman Senator and Historian, written AD 98.

  3. #3
    us
    Mar 2018
    Todds Point, IL
    1,571
    2591 times
    Metal Detecting
    I think the 21 is desirable because it is high relief. Gary

  4. #4
    Charter Member
    us
    Feb 2015
    Oklahoma
    7,494
    5449 times
    All Types Of Treasure Hunting
    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.
    fistfulladirt likes this.
    Tell me and I'll forget. Show me, and I may not remember. Involve me, and I'll understand. - Tribe Unknown. Those that lie down with dogs, get up with fleas. - Blackfoot

  5. #5
    us
    Jun 2013
    East Tennessee
    6,893
    6553 times
    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,

  6. #6

    Sep 2012
    MXT PRO AT GOLD ACE 250
    264
    187 times
    All Types Of Treasure Hunting
    Click image for larger version. 

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ID:	1729896Well, the rest of the story..., no 21, peace, just couple 21 Morganís. And the rest Peace dollars .
    Pictures of the best, rest are in fair condition, including the Morganís

  7. #7
    us
    Jan 2016
    South of Gunnison, Gold Basin
    F2
    1,760
    1973 times
    Prospecting
    I get mine for 15 but they are circulated and fairly worn at times. 20 for bu seems cheap.
    A2coins and PetesPockets55 like this.

  8. #8

    Sep 2012
    MXT PRO AT GOLD ACE 250
    264
    187 times
    All Types Of Treasure Hunting
    Would these be Bu your opinions?
    PetesPockets55 and A2coins like this.

  9. #9
    us
    Wood Butcher

    Apr 2013
    Indian River Co.
    349
    377 times
    All Types Of Treasure Hunting
    The 1922p looks uncirculated (63?) but the pair of 1923d and 1923P look AU tops.

  10. #10
    us
    May 2018
    Maryland
    White's MXT Tesoro Cibola Tesoro Golden Sabre Plus Garrett ADS Master Hunter 7
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    1558 times
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    Quote Originally Posted by PetesPockets55 View Post
    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.


    Always do right; this will gratify some and astonish the rest.
    - Mark Twain


  11. #11

    Sep 2012
    MXT PRO AT GOLD ACE 250
    264
    187 times
    All Types Of Treasure Hunting
    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.
    A2coins likes this.

  12. #12
    us
    May 2018
    Maryland
    White's MXT Tesoro Cibola Tesoro Golden Sabre Plus Garrett ADS Master Hunter 7
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    1558 times
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    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.
    Last edited by Megalodon; Jul 06, 2019 at 04:43 PM.
    PetesPockets55 and A2coins like this.


    Always do right; this will gratify some and astonish the rest.
    - Mark Twain


  13. #13

    Sep 2012
    MXT PRO AT GOLD ACE 250
    264
    187 times
    All Types Of Treasure Hunting
    Much thanks for sage advice
    A2coins likes this.

  14. #14
    us
    Jun 2013
    East Tennessee
    6,893
    6553 times
    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.
    Last edited by huntsman53; Jul 07, 2019 at 11:16 PM.
    A2coins and PetesPockets55 like this.

  15. #15
    Charter Member
    us
    Tommy

    Dec 2015
    Ann Arbor
    Equinox 800
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    I would keep them for later hopefully silver will rise in the future
    Still Available ​Approved TreasureNet Stickers
    .:: $3.00 for 11" X 3" Bumper Sticker ::.
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