LOT #3130 |
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1934-S $1 MS66+ PCGS. CAC....
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Description
1934-S Peace Dollar, MS66+
Tied for Finest Certified at PCGS
1934-S $1 MS66+ PCGS. CAC. The San Francisco Mint was tasked
to strike Peace dollars on October 26, 1934, leaving just over one
month to complete production for the year. Understandably, only a
small mintage of 1.1 million pieces was accomplished. Relatively
few examples were saved for numismatic purposes in the 1930s, as
collectors failed to appreciate the elusive nature of the issue. Q.
David Bowers, in his silver dollar Encyclopedia and on PCGS
CoinFacts, hypothesizes that dealers largely ignored the
elusiveness of the 1934-S in the 1940s due to the misplaced belief
that large quantities of the date would eventually be released from
Treasury vaults. However, by the 1960s, when these silver dollar
stores were largely depleted, such quantities of the 1934-S failed
to appear. As a result, the 1934-S became a sought-after coin in
Mint State, and today is the most challenging issue of the series
to locate in Uncirculated grades.Most Mint State examples encountered grade no finer than MS65. Premium Gems are rarely encountered, and the finest such pieces are a handful of Plus-graded examples. No numerically finer coins are reported at PCGS, and only a single finer example is listed at NGC. The only other MS66+ coin we have handled was a CAC-approved PCGS coin in our recent December 2021 Dallas Signature, which realized $63,000. The present coin is every bit the equal of that piece. Well-detailed design elements show just a touch of the usual softness on Liberty's hair and the eagle's shoulder. The impeccably preserved surfaces radiate vibrant mint luster, with understated hints of golden-tan and lavender toning. Eye appeal is outstanding for the issue. Population: 42 in 66 (8 in 66+), 0 finer. CAC: 19 in 66, 0 finer (1/22).
Ex: Chicago Signature (Heritage, 10/2018), lot 3139.(Registry values: N4719)
Coin Index Numbers: (NGC ID# 257Z, PCGS# 7377, Greysheet# 7911)
Weight: 26.73 grams
Metal: 90% Silver, 10% Copper
Auction Info
2022 February 24 - 27 Long Beach Expo US Coins Signature® Auction #1342 (go to Auction Home page)
Auction Dates
February, 2022
24th-27th
Thursday-Sunday
Bids + Registered Phone Bidders: 16
Lot Tracking Activity: N/A
Page Views: 991
Buyer's Premium per Lot:
20% of the successful bid (minimum $29) per lot.
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