LOT #7250 |
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1921 S$1 MATTE
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Sold on Jul 29, 1994 for:
$8,360.00
Bid Source: Live: Floor bidder
Description
NGC 1921 Satin Finish PR 63. An exceptionally rare proof striking, Breen believes that the first 20 coins produced from this pair of dies were proofs, and of that number perhaps only 7-10 are recognizable as such today. While the matte proof strikings have been known for decades, the Satin Finish variant did not surface until the 1975 ANA. Afterward, in 1979-80 an number were authenticated by Breen, but several of these were later discredited as business strikes struck after the limited run of proofs. Thus, the importance of this coin being encased in a reputable holder from one of the major authentication and grading services.
The surfaces of this coin are bright and, obviously, satiny. There are numerous raised polishing lines in the left obverse fields--one of the diagnostics for Satin Finish proofs. Also, the triangular pellet after TRVST is unusually bold, as are the rays on the reverse. There are also several raised die marks in the field behind S and OF on the reverse. The striking quality is extraordinarily bold with complete definition on all the design elements.
Of the greatest rarity and importance, not only to collectors of the Peace dollar series, but also to 20th century type collectors. If a person were to complete a type set of 20th century coins, and then wanted to advance to the next level, the Satin Finish and Matte Finish 1921 dollars would be a required coin, especially given the 1921 dollar's status as a one-year type within the Peace dollar series.
Coin Index Numbers: (NGC ID# 2UAU, PCGS# 7382, Greysheet# 7888)
Weight: 26.73 grams
Metal: 90% Silver, 10% Copper
Auction Info
1994 ANA Sale #122 (go to Auction Home page)
Auction Dates
July, 1994
27th-30th
Wednesday-Saturday
Bids + Registered Phone Bidders: 1
Lot Tracking Activity: N/A
Page Views: 757
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