1921 and 22 Peace dollar

Even experienced dealers can overlook something in their inventory. I recently bought a Barber dime raw graded by the dealer at VF-EF for under $20. The detail looked better than that to me so I took it out of the 2x2 and looked it over with my loupe. There was no trace of wear to be found and almost no bag marking. The toning is a little darker gray than I would like but still the coin is worth about $90.00 rather than what I paid. I got an uncirculated Barber dime at a bargain price.

The mylar of the 2x2 was sort of scratchy so maybe the seller hadn't looked closely at the coin and undergraded it without actually seeing it clearly. Keep looking. You'll see some amazing coins out there and some will be great buys.

 

Log in or Sign up to hide this ad.

I suppose therein lies the excitment of our hobbie

 

There are plenty of dealers that have great buys waiting for the knowledgeable collector. Don't pass over the "wrong" grading services either. A keen eye can pick the coin that should cross over, but is discounted because of the holder. Also, keep a good eye on the old NGC and PCGS holders. Most of these coins were graded under much stricter guidelines and will easily upgrade if resubmitted.

 

Were these minted only in Phili? or did San and Denver also mint proofs? -here an interesting tid-bit on peace dollars:
there apparently exist a Large D and Small D mintmark for 1934, and tHe 1935 supposedly posseses an extra ray below the word ONE due to a die change at the San mint. ...supposedly.

 

Jeff,

From looking at the one picture of the coin, it appears to be either a Matte Proof or a Satin Proof! A Matte Proof does not have the Mint Luster of a normal Business Strike and actually has the appearance that you would see on a sandblasted piece of steel or aluminum or grainy and greyish in color. I think the Satin Proof is very similar but less grany and a lighter greyish in color. In the High Relief, the ray running Northwest through the "N" of the word "ONE" on the Reverse extends approximately 3cm above the top of the "N" while in the Low Relief, it barely extends above the top of the "N". I am sure that there are other ways to tell them apart but I am not familiar with any of these!

You can go to the following Website to see pictures of both in High Relief and Low Relief:

www.goldbergcoins.net/catalogarchive/ 20040124/chap0073.shtml

I just found a 1922 Low Relief Matte Proof Peace Silver Dollar in a plastic freezer bag with about 50 more Peace Dollars inside that a Coin Dealer has and is selling individually! The bag of Peace Silver Dollars were purchased out of State from another Coin Dealer and I will not devulge what I paid for it for fear that it would make you cry! Surprisingly, the coin only suffered a couple of indentations and a small rim ding and probably will grade out to a nice Proof 61 to Proof 63. The coin has already been sent to Bowers & Merena and will probably show up in a Auction in the fall.


huntsman53

 

Thanks Huntsman53 -I've run into walls on this one. Primarily because of the D mint mark. No known proofs. I still question how that is a known fact. But, I sent it to SEGS and they atribute it as a two hill reverse, B1.

Did I attach a photo? The one I use for my icon is not the coin I found -just a nice picture I was able to work with.

You didn't happen to find that 22 proof at the Central States show did you? Reason I ask is I landed on a dealer that was selling peace dollars in freezer bags (maybe they all do this) -but, he had zillions of them and I was too tired to sit and search -so I moved on.