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5312

1921 $1 Matte PR62 NGC....

2011 April Rosemont CSNS Signature & Platinum Night US Coin Auction #1154

 
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Auction Ended On: Apr 28, 2011
Item Activity: 6 Internet/mail/phone bidders
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Location: Donald E. Stephens Convention Center
5555 N. River Road
Rosemont, IL 60018
Description:
1921 Peace Dollar, PR62
The Famous Matte or Satin Proof
1921 $1 Matte PR62 NGC. Roger W. Burdette does his best to demystify the enigmatic proof Peace dollars in his Guide Book on the series, but sometimes his explorations leave more questions than answers. His estimate of three to four satin proofs for the 1921 High Relief version, for example, is utterly at odds with the 17 satin proof certification "events" in NGC's Census Report. Yet there is no denying that the proof Peace dollars are rare. The only question is, how rare?
NGC chooses to describe proofs of this nature as "satin" rather than "matte," and considering the amount of life the finely textured surfaces have, the descriptor is better than the dullness implied by the term "matte." A faint golden overtone graces the broad surfaces on each side, and while a handful of long, thin hairlines are visible, the rims are square and the eye appeal is solid.(Registry values: N7079) (NGC ID# 2826, PCGS# 7382)

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