The Mystery Of The 1964-D Peace Dollar

The Peace Dollar ran from 1921-1935. But again in 1964 they made a bill to allow them to produce more, due to keeping up. People would get them face value at banks, while silver was shot high. But then they ordered to melt them all down. Even today they are immediately seized if even found, as though there is a secret or they are hiding something.

Let me know your guess.

 

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As far as anyone knows no '64 dollars made it into public hands . Though I'm willing to bet one or 2 made it out of the mint and into some Billionaires private collection . But that's purely speculation .

 

I've heard enough mint stories to believe that at least one made it out and is hiding somewhere.

 

I'd say that we are likely to find this coin at an estate sale sometime in the near future. If any of these coins were saved they would have been by employees at the mint, just as they had saved double eagles in the 1930s. These employees would be well into retirement today and if one of them managed to get ahold of a few they would probably be sold by the family once the former employee passed away. However it is possible that even if this coin is found it could be misinterpreted as a dan carr fantasy coin.

 

I have had the Carr coins come to me at shows with stories like.. I got this back in 1964 and its been in my SDB for years. One guy was like 70 and told me that he has had it for years...... Probably couldnt remember actions from yesterday though.

I too think that there are some out in private collections somewhere.

 

Anyone that misinterprets D. Carr's fantasy piece with a true 1964 peace dollar deserves to pay whatever price they shell out for it.

No coin dealer or collector worth their salt would just say that peace dollar was legit and buy it without having better authentication procedures, and if they did, they deserve to be hosed.

I mean NGC or one of the big 2 was offering like $10K just to have the chance to grade one.

 

There really is no mystery---no Peace Dollars for 1964 have ever made it into public hands that were genuine. Stories are great--just like fishing stories on who caught the "big one." If there were any 1964 Peace Dollars, they would have appeared, would have been slabbed, and at least one would have been sold for millions, given the extreme rarity situation that would exist. Therefore, unless shown otherwise, assume that there are no authentic 1964 Peace Dollars. Fantasy coins have been struck, and many fakes exist, but nobody has verified the existence of a single example of that date that is genuine.

 

I would not be that definitive on the subject. Some 1933's escaped and there was the 74 d. I'm not saying they are the same situation all I'm saying is there is a precedent of coins escaping.

 

The assumption here is that "billionaires" collect coins.

I would expect that the primary "allure" of coin collecting is in finding something that other folks are willing to pay money for and then in turn, selling what was "collected" to make a profit.
I would not expect billionaires to be in consideration of such a small profit. I would more expect them to have a richer and refined degree of collectability such as fine or ancient art.

As for the so called "bill" enabling the production of a 90% silver dollar during a time when the government was fully aware that silver was being eliminated from the nations coinage and was in fact in the process of coining CnClad coins?

At what point does the phrase "absolutely stupid" come into play?

"Mystery"?

The only mystery I see with the fabled 1964-D Peace Dollars is the mystery of why people continue to believe that some survived despite the overwhelming evidence to the contrary?

It's right up there with the Abominable Snowman and Big Foot. Each lie which gets told for the benefit of the liar and which eventually gets revealed only adds fuel to the fire of the conspiracy theorists.

None exist. There are no records of any existing or that any ever existed. No photographs. Nothing.

 

Just remember that the '33 Double Eagle was long conjectured to exist, but none showed up after the 1950s. And now there are 11 of them - one privately owned and the others are being held by the Secret Service after they were seized a few years ago.

There are certainly coins that do indeed exist but definitely not officially.

 

Billionaires was just an arbitrary # used . The fact is though most Billionaires crave and have power . The ability to own something that most people don't think even exist is a powerful part of the equation . We can speculate all we want about records , but until one shows up we'll never know . Especially with the mints past . I for one don't know but I'd say there's a good chance 1 or more made it out . Heck how do you think most of the errors make it out ?

 

I think Dan Carr has added some markers to his coins .

 

I have heard from more than one person (who coin collectors would consider a household name) that there are a couple in private hands. I'll believe it when I see it, but don't doubt their existence.

 

PCGS is offering a $10,000 reward for any that brings them a genuine 64 peace dollar. All they want to do is verify it!

 

If I owned the thing I sure as hell wouldn't bother with a TPG, who knows what the Secret Service would do after PCGS announced they had authenticated one. One coin that has been authenticated by the mint and is out in the wild but with a much lesser interest is the '59 Wheat cent - but then there is a forger in prison in Utah that claims he made it - so who knows? It was sold in a Goldberg auction ca. 2010 or 2011 for about $40K.

 

Very true. The public may never know.

 

Since it is illegal to own the 1964-D Peace dollar (as well as attempt to buy one), I doubt anyone will take advantage of the PCGS offer.

 

Uhhhhh..........none showed up after the 50's because all had been confiscated by the Secret Service. There was never any question as to whether or not the 1933 Double Eagle existed. Primarily because 2 examples exist in the National Numismatic Collection.

The Peace Dollar, on the other hand, does not. Speculation abounds about what one would even look like since none of the original dies or galvanos even existed in 1964.

There is no photographic evidence.

 

There was also the rumor that Eva Adams had one sent to President Johnson. Someone should have asked her about it before she punched out.

 

What about the ones that were sent to Washington ? Also why did they have Denver Mint employees sign affidavits that all that they made were destroyed . So if some were made there had to have been dies to have made them .