Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 


    Exceedingly Rare 1922 Low Relief Satin Proof Peace Dollar

    1922 $1 Low Relief Satin PR65 NGC. This is a very unusual coin and quite frankly, this is an issue we have no acquaintanceship with. All we can really do is repeat what is in the literature and relate what we see on the coin itself. The coin has a most unusual appearance, unlike any other 1922 Peace dollar we have ever encountered. The surfaces have a bright, satiny finish and each side shimmers and glows with a mint sheen that is completely different from that seen on a regular issue, low relief 1922 dollar. Compare this coin side-by-side with the MS67 1922 Peace dollar that is also present in this sale. The difference in the two finishes is profound.
    Breen notes that the Low Relief Satin proof strikings show no mint frost, no "cartwheel," which he describes as 'cold flow radial lines.' He compares these coins to the 1921 satin proofs, and indeed there are many similarities in finish and overall texture between the two coins. He also notes that the rims are built up more strongly than on business strikes, and the inner coronet line is exceptionally strong. Full striking definition is seen on the central hair, full feathers are evident even on the upper wing and breast. The lettering is all noticeably higher contrasted with the fields than on business strikes, and the edges of the letters are more sharply defined.
    Predictably, Wayne Miller had several pointed and thought-provoking comments in his 1982 book The Morgan and Peace Dollar Textbook (pages 243-244). In his opinion, the Beck-Riethe coin was not a Satin Finish proof. However, the piece in Steve Ivy's Herrman Sale in 1979 was a proof striking. The last paragraph of Miller's entry about this curious proof is quite interesting and we reproduce it here as it compares and contrasts the Satin vs. Matte strikings of this year:
    "Although satin finish 1922 proof Peace dollars are much more rare than the matte proof variety, the latter will probably always bring a higher price for the follow (NGC ID# 2827, PCGS# 7383)

    View all of [The Robert Moreno Registry Collection of Peace Dollars ]

    Fees, Shipping, and Handling Description: Coin/Currency (view shipping information)

    Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    April, 2006
    6th-7th Thursday-Friday
    Bids + Registered Phone Bidders: 10
    Lot Tracking Activity: N/A
    Page Views: 10,043

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $9) per lot.

    Heritage membership

    Join Now - It's Free

    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 27 days left to consign to the 2017 June 7 - 12 Long Beach Expo US Coins Signature Auction - Long Beach!

    Learn about consigning with us

    You and your colleagues at Heritage could not have packaged the collection in a more professional and attractive way to buyers.
    Robert Ruff,
    New York, NY
    View More Testimonials receives more traffic than any other auction house website. (Source:

    Video tutorial

    Getting the most out of search

    Recent auctions

    2017 February 16 - 19 Long Beach Expo US Coins Signature Auction - Long Beach
    2017 February 16 - 19 Long Beach Expo US Coins Signature Auction - Long Beach
    REALIZED $11,086,652
    2017 January 17 - 18 World Coins Signature Internet Auction - Dallas
    2017 January 17 - 18 World Coins Signature Internet Auction - Dallas
    REALIZED $2,407,045
    2017 January 5 - 9 FUN World Currency Signature Auction -
    2017 January 5 - 9 FUN World Currency Signature Auction -
    REALIZED $1,283,993