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Details about  1922-D ICG MS61 S$1 Peace Dollar Silver No Reserve

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1922-D ICG MS61 S$1 Peace Dollar Silver No Reserve
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Item Information

Item condition:
--not specified
Ended:
Aug 07, 2014 14:30:19 EDT
Winning bid:
US $49.00
shipping
Approximately C $54.03(including shipping)
7 bids ]
 
 
Shipping:
Will ship to Canada. Read item description or contact seller for shipping options. | See details
 
Item location:
Tampa, Florida, United States
 
Ships to:
United States and many other countries | See details
Delivery:
Payments:
International shipping and import charges paid to Pitney Bowes Inc. Learn More- opens in a new window or tab
Returns:
14 day money back, buyer pays return shipping See details
Coverage:
eBay item number:
151367544637
Seller assumes all responsibility for this listing.

Item specifics

Year:

1922

Circulated/Uncirculated:

Uncirculated

Composition:

90% Silver, 10% Copper

Strike Type:

Business

Certification:

ICG

Mint Location:

Denver

Certification Number:

5657120202

Country/Region of Manufacture:

United States

Grade:

MS 61

Detailed item info

Product Information

Ron Guth

The 1922-D is the most common of all the Peace Dollars made at the Denver Mint.  It's mintage of 15+ million is more than double that of the next closest (1923-D at 6+ million) and almost 12 times that of the lowest mintage Peace Dollar (1927-D).  The vast majority of survivors are fairly equally distributed among the MS-63 and MS-64 grades.  In MS-65, the 1922-D Peace Dollar becomes scarce.  MS-66 examples become very scarce to rare and MS-67 examples are extremely rare.  In fact, not a single one of the three MS-67's certified by PCGS as of 10/27/2010 has ever appeared at public auction, so price levels for that grade are speculative and untested. 

The strike characteristics of the 1922-D are not as strong as on the P-Mints, and that tends to be true for an D-Mint Peace Dollar.  However, fully struck examples are available and are worth a premium over softly struck coins. 

Q. David Bowers

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).

Coinage Context

Initial issue: The 1922-D, the first Peace dollar issue struck at the Denver Mint, also had the highest Denver mintage of any date of the design. At the time, the Denver Mint had excellent facilities, was closer to newly-mined silver than Philadelphia, and was the logical mint to strike large quantities of the denomination.

Numismatic Information

Hoard coins: Although many if not most 1922-D dollars were released into circulation during the decade of their mintage, the production quantity was sufficiently large that if even 25% were held back, this amounted to millions of coins. Bags of 1922-D dollars were available on the market in the 1940s and very early 1950s. No one paid much attention to this date, and most languished in bank vaults or were paid out for use in circulation (in the West) or in gambling casinos. Bags of 1,000 Uncirculated coins were still readily available in 1953 and 1954, and wholesaled for about $100 to $150 above face value, but most holders of bags found that even the larger dealers in silver dollars were apt to want to buy just a few rolls at a time.

In the late 1980s and early 1990s a hoard of 50 bags (50,000 coins) began to be marketed. Dwight Manley examined them and found that the average bag of 1,000 coins contained Mint State examples approximately as follows: MS-66: 5 coins; MS-65: 70; MS-64: 200; MS-63: 225; MS-60 to MS-62: 500.(Letter to the author, July 6, 1992.)

John Highfill's Encyclopedia, 1992, p.1145, notes that "Uncirculateds are often heavily bagmarked, well-struck bags are available," which I take to mean that Uncirculated coins, when seen, are often with heavy bagmarks, and that bags of coins (with heavy bagmarks on the coins?) are in existence and contain coins that are well struck.

Circulated grades: The 1922-D is readily available in worn grades up to and including AU. Apparently, most were released into circulation shortly after they were minted. Among worn Peace dollars in VF-20 to AU-58 grades, the 1922-D is the commonest branch mint issue.

Mint State grades: Uncirculated pieces are common, but most exist in lower grade levels from MS-60 to MS-63. Bagmarks are plentiful on typical coins in these grades. MS-64 and MS-65 pieces are harder to find but still constitute the commonest branch mint Peace dollars at these grade levels.

Some coins have a bright-grainy surface (Wayne Miller and John Highfill call it "orange peel") possibly due to die resurfacing with a wire brush, or possibly to die wear. Some dies were employed beyond their useful life; coins struck from these show extensive die breaks, particularly on the obverse


Product Identifiers
PCGS Number7358

Key Features
Year1922
CategoryDollars; Peace Dollar; Type 2, Low Relief
CountryThe United States of America
MintDenver
Strike TypeBusiness

Other Features
Denomination$1
Mint LocationDenver, Colorado
Mint MarkD
Diameter38.1 millimeters
Weight26.73 grams
Mintage1563
Composition90% Silver, 10% Copper
DesignerAnthony de Francisci
EdgeReeded

Coin detail information and example images provided courtesy of Professional Coin Grading Service (PCGS). All Rights Reserved.

The Phoenix Gold Corporation

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1922-D ICG MS61 S$1 Peace

This coin is a good looking Peace Dollar in ICG MS61. It has a bright, white-silver color that is complimented with a shimmering luster. It is a nicely struck Peace Dollar with even wear throughout and softness in the letters. It has smooth fields and nice overall eye appeal. 

Additional Information

  • Trends Price Guide: MS60 = $50  MS62 = $60

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Item location: Tampa, Florida, United States
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