1922-D Peace Dollar errors.

Major die break and a couple of ???

 

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Is it like a pendant, necklace that open's up

 

It's worth about $15.00.

 

So, a couple bucks over melt value.

 

Yes in my opinion

 

Condition is the key, when you find interesting errors. This is VAM-1H
It has relatively low interest but it is rare. rated as an R-7 which means that there are probably 10 or so. This obverse die would have been removed as soon as it was found. @messydesk @Dave Waterstraat

http://ec2-13-58-222-16.us-east-2.compute.amazonaws.com/wiki/1922-D_VAM-1H

 

It's a shame someone roughed it up like that but it's always cool to land a Dollar with a die crack like the 1H.
The arrows look to be pointed to typical features in the die. @messydesk will know for sure. I'm really not a dark sider...

 

As an R-7 does it have much value in the shape it is in?

 

Here's a copy and paste of something I wrote on the subject of R-numbers a couple days ago on the VAMWorld discussion board

It is a cool variety, given the die break is pretty strong, and would not have been made in huge numbers, but supply, demand, and condition determine value, and the supply is sufficient to satisfy the demand in that condition. Someone might pay a few extra bucks for the coolness factor, but that's about it. The 22-D VAM 3A has a very similar break on the obverse, and also doubling on the reverse. It's valued slightly higher, and the VAM 1H is considered an "evil mimic" of it because of the break.

 

Thanks guys, it is too bad it is so roughed up. I surely wouldn't have passed on it for a little over melt. @Robert Ransom