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    Description

    1921 Satin Finish PR 64 NGC. 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 a 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 with light color across both sides and somewhat deeper speckling at the top of the obverse. 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 one 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 required coins, especially given the 1921 dollar's status as a one-year type within the Peace dollar series. (NGC ID# 2UAU, PCGS# 7382)

    Weight: 26.73 grams

    Metal: 90% Silver, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    September, 1996
    18th Wednesday
    Internet/Mail Bids: 2
    Lot Tracking Activity: N/A
    Page Views: 135
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