Lot 949
1921 Peace Dollar. PCGS graded MS-65. Light golden toning. Silver satin luster radiates from the surfaces of this attractive high relief Peace Dollar coin. A slightly dampened impression was left in the centers after the rebound of the dies that made this, and was the cause of the Mint having to experiment with lower relief hubs in early 1922 before settling on the much flatter looking pieces collectors are familiar with in 1922-35. Few realize it, but there was actually an "intermediate" relief die made from a new hub in early 1922. (It had the date 1922 on it and was used to strike 3,200 coins before it too failed). This one too suffered from the same problem as this 1921 high relief design: insufficient die pressure to strike the deisgn without having to crank up the minting press's pressure to the point where it led to catastrophic die failure (PCGS # 7356) .
Estimated Value $1,400 - 1,500.
The Mark Gordon Collection.
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| Realized $1,380 |
