1924-S $1 MS(PCGS#7364)

March 2021 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

4133

等级

MS66

价格

189,274

详细说明

Phenomenal Premium Gem Mint State 1924-S Peace Dollar 1924-S Peace Silver Dollar. MS-66 (NGC). An attractively original, exceptionally well preserved example of this key date Peace dollar issue. The surfaces are lightly toned in sandy-silver, the peripheries on both sides further enhanced by mottled blushes of reddish-russet. The 1924-S is one of the better produced Peace dollar issues, and the present example does not disappoint in this regard, what with the detail universally sharp from the rims to the centers. It is the surface preservation, however, that truly sets this coin apart from the typical Mint State 1924-S dollar in today's market. Bathed in virtually pristine luster in a softly frosted texture, this extraordinary condition rarity would serve as a highlight in the finest Peace dollar set. The 1924-S represents a radical decline from the silver dollar mintages of previous years, with just 1,728,000 coins struck compared to the 19,020,000 made at the same mint the year before. Treasury vaults had been filling up over the previous three years and by 1924 there was little demand for more dollars, either for circulation or storage. Very few of these coins emerged throughout the 1940s and 1950s, and Q. David Bowers reports that the Redfield Hoard is said to have had only a few hundred individual coins. The low initial mintage and paucity of later releases insured that this issue ranks among the scarcer Peace dollars. Premium Gem examples like the present piece are rarities of the highest order, with most pieces noticeably abraded. Definitely a find for the astute bidder. Provenance: From the Pittstown Collection. Combined PCGS and NGC Population: 8; 0 finer. PCGS# 7364. NGC ID: 257K. Click here for certification details from NGC.