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Lustrous with light gray toning. A nice example of the 1927-S dollar, a variety which
often comes heavily bagmarked.Today assembling a set of Peace silver dollars from 1921 to
1935, the basic 24 date and mintmark varieties, is eminently affordable, with a set
costing just a fraction of what comparably certified coins sold for at the height of the
last price cycle for these, in 1990. Over the years it has been proven that those who buy
in "down" periods of a coin cycle make better buys than those who capture the
excitement of the moment and chase after series that are in the limelight. In time, most
series rise and fall, although the general trend over a long period of time is upward. It
is sometimes difficult to envision that there are cycles and trends at all, for this
aspect seems rather strange to someone not steeped in numismatic history. However, if you
were to go back to 100 years ago in 1906, more people would be desiring encased postage
stamps and store cards (commercial tokens) than would be collecting Morgan silver dollars!
It seems hard to believe, but it is true. Dave Bowers' The Expert's Guide to Collecting
& Investing in Rare Coins is an affordable, handy guide to market cycles and just
about everything else—available from our Book Department, with satisfaction guaranteed.
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