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1924 $1 Peace Dollar. Uncirculated. 25

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Located in: Prineville, Oregon, United States
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eBay item number:256470286994
Last updated on Apr 05, 2024 15:34:42 PDTView all revisionsView all revisions

Item specifics

Circulated/Uncirculated
Uncirculated
Denomination
$1
Coin
Peace
Country/Region of Manufacture
United States
Certification
Uncertified
Composition
90% Silver, 10% Copper
Year
1924
Strike Type
Business
Mint Location
Philadelphia, Pennsylvania, Philadelphia

About this product

Product Information

<h2>Ron Guth</h2><p>The 1924 Peace Dollar is a common date, nearly on par with the 1925 in terms of overall mintage, but not nearly as common as the 1922 and 1923.&nbsp; Collectors will have no difficulty finding a high-grade example of this date.&nbsp; Most of the certified Mint State examples fall into the MS-64 category, followed closely by the MS-63 category.&nbsp; Even Gems are relatively common, especially in MS-65, and the big drop-off in the population comes at the MS-67 level.&nbsp; Luster on the 1924 Peace Dollar ranges from soft, frosty (almost granular surfaces) to a bright, flashy luster.&nbsp; Generally, the strike is good, with none of the weakness associated with coins from the Denver and San Francisco mints (especially the latter).&nbsp; The overall eye appeal and above-average quality of the 1924 Peace Dollar make it an excellent choice for type collectors.</p><p>According to the June 1934 issue of <em>The Numismatist</em> (p. 416), collectors could still purchase Uncirculated 1924 Peace Dollars for &quot;the face value of the coins and an amount sufficient to cover the mail charrges by first-class mail.&quot;</p><h2>Q. David Bowers</h2>The following narrative, with minor editing, is from my "Silver Dollars & Trade Dollars of the United States: A Complete Encyclopedia" (Wolfeboro, NH: Bowers and Merena Galleries, Inc., 1993).<br/><br/>Coinage Context<br/><br/>Large mintage: The large mintage of nearly 12 million coins was not needed in commerce. Many bags went into storage where they remained for decades.<br/><br/>Numismatic Information<br/><br/>Hoard coins: Many 1,000 coin mint-sealed bags of this date came out in 1949 and 1950, in addition to bags released before and after that time. In 1953-54 there were large quantities of bags in Eastern banks, but there was little dealer interest in buying them, even for face value. These stocks remained in bank vaults through the rest of the decade. However, in comparison to certain other Peace dollars, apparently bags of 1924 were elusive by the time that the 1960s rolled around (see next paragraph). <br/><br/>Circulated grades: The 1924 is common in circulated grades, up to and including AU. Millions exist. <br/><br/>Mint State grades: Many 1924 Peace dollars are above average in striking quality and have attractive, satiny lustre. <br/><br/>However, there are numerous exceptions, and dull, grainy-surface coins exist as well. So many coins were struck from so many die pairs, that no one rule covers all specimens. Cherrypicking is advised, but in this instance it will not be difficult to find a really nice specimen in a grade such as MS-63, 64, or 65, as you prefer. The issue is among the most common Peace dollars in high grades and one of the least expensive. However, it is several orders rarer than 1923, to which it is sometimes compared. <br/><br/>Circulated grades: The 1924 is common in circulated grades, up to and including AU. Millions exist.<br/><br/>Mint State grades: Many 1924 Peace dollars are above average in striking quality and have attractive, satiny lustre. <br/>However, there are numerous exceptions, and dull, grainy-surface coins exist as well. So many coins were struck from so many die pairs, that no one rule covers all specimens. Cherrypicking is advised, but in this instance it will not be difficult to find a really nice specimen in a grade such as MS-63, 64, or 65, as you prefer. The issue is among the most common Peace dollars in high grades and one of the least expensive. However, it is several orders rarer than 1923, to which it is sometimes compared.<br/><br/>Among the "big four" common date Philadelphia Mint coins in the Peace dollar series-the 1922, 1923, 1924, and 1925-the 1924 is the most elusive in all Mint State categories.<br/><br/>Some Mint State coins have pebbly-bright surfaces due to wire brushing the dies and/or excessive die wear

Product Identifiers

Designer
Anthony DE Francisci
eBay Product ID (ePID)
170408832

Product Key Features

Strike Type
Business
Mint Location
Philadelphia, Pennsylvania, Philadelphia
Composition
90% Silver, 10% Copper
Year
1924

Dimensions

Weight
26.73g

Additional Product Features

Mintage
11811
EDGE
Reeded
Mint
Philadelphia
Denomination
$1
PCGS Number
7363
Diameter
38.1mm
Mint Mark
P

Item description from the seller

Divine Investment LLC

Divine Investment LLC

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802 items sold
Joined Jul 2003
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Product ratings and reviews

4.9
126 product ratings
  • 115 users rated this 5 out of 5 stars
  • 9 users rated this 4 out of 5 stars
  • 1 users rated this 3 out of 5 stars
  • 1 users rated this 2 out of 5 stars
  • 0 users rated this 1 out of 5 stars

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Most relevant reviews

  • Top favorable review

    Great, but Watch Out for Negative 'Prismatic Refraction' Issues.

    However, in this instance, not quite MS+++ as advertised. In my professional, numismatic opinion, it rates perhaps an MS-62, owing to an original die cast, slightly yellowish hue. Of course, that's still GR8888, all things considered. .. The high definition detail nearly makes up for it, but this type of coin does not lend itself to photography. In other words, if you're taking HD photos in an endeavor to sell it, it is NOT very 'photogenic.'

    Verified purchase: Yes

  • Nice addition to the collection

    This was in good condition. It was a nice addition to my collection. These are great because they have a silver value and a historic value. I give these out as rewards when I catch my employees doing something extraordinary.

    Verified purchase: Yes

  • Happy!

    It's only for personal appreciation and a significant year to my family! The study of the entire series of US Peace Dollars could keep one occupied for a very long time. For example the lady on the obverse side of the dollar was named Ellen. She was much prettier I'm happy to say than the poor as in a sympathetic way appearance of her portrayal on the coin itself. This brief synopsis of the the years 1921-1935 production of these Peace Dollars I hope would encourage and enhance the fine art of proper coin collecting. And thanks for allowing this review of this item purchased on Ebay.

  • Great addition.

    Great addition to my collection. One of the Peace years that I was missing.

    Verified purchase: Yes

  • 1924 Peace Silver Dollar

    A brilliant old Peace silver dollar. It is in excellent shape and I'm very happy with it.

    Verified purchase: YesSold by: wmmrjmmr