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1934-S $1 MS66 NGC....
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Description
Elusive 1934-S Peace Dollar, MS66
1934-S $1 MS66 NGC. It was not always so: While today the 1934-S Peace dollar up through MS64 is the key to the series by a wide margin, in the 1940s it was considered a common coin. Bowers' Silver Dollar Encyclopedia cites a twofold reason: One, the issue was relatively recent and had not been "seasoned by time"; two, quantities of 1934-S Peace dollars could be obtained in bags from the San Francisco Mint--although no dealers actually bought them, and by 1947 the issue's true rarity in Mint State became clear. While some other S-mintmarked issues are rarer in the highest Mint State grades, the 1934-S is in extreme demand (and under intense price pressure) as the perceived key to the series, and it is the first coin that collectors beginning the series should buy--not the last. This is a splendid, nearly flawless example. The mint luster is thick and frosted with an overlay of pale gray patina. The striking details are complete in all areas. In MS66 this piece is one of 16 coins (including one Star piece) so graded at NGC, and there are none finer (12/08).(Registry values: N4719) (NGC ID# 257Z, PCGS# 7377)Weight: 26.73 grams
Metal: 90% Silver, 10% Copper
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
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