1924-S $1 MS (PCGS#7364)
November 2020 U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 6409
- 等级
- MS65
- 价格
- 29,901
- 详细说明
- 1924-S Peace Silver Dollar. MS-65 (NGC).
Both sides of this challenging San Francisco Mint Peace dollar are exceptionally smooth with brilliant mint frost. It is boldly to sharply struck, uncommon for the issue, and offers outstanding visual appeal. 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. Full Gem examples like the present piece are noteworthy rarities, with most pieces softly struck or heavily abraded. Definitely a find for the astute bidder.
Provenance: From the Larry H. Miller Collection.
PCGS# 7364. NGC ID: 257K.
Click here for certification details from NGC.
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