Is This Correct Grade?

Maybe the coin "turned ugly" after it was slabbed? Maybe improperly cleaned?

I agree though, ain't no way that should be in a 64 slab with a green bean to boot!

Something is obviously wrong with it.

The only thing the coin screams to me is, "Don't buy me." Something is definitely wrong here. Can't wait to see how this plays out.

Is it a 64? Probably......It is also ugly, but that doesn't affect grade.

I agree with westernsky- The coin might have turned ugly after encapsulated. It is hard to tell from the pictures but in no way does is scream "not 64" but it no way in this state should it have a green mean sticker.

Yes, this grade is entirely possible. This coin also warrants the green bean it has. What CAC looks for is, is the coin high end for the grade assigned? Does it have original surfaces? Their opinion is yes to both questions. If I collected Peace dollars this is one I would be proud to own.

What you people are failing to take into account is that the 1921 Peace dollar was struck in high relief. A high grade uncirculated 1921 Peace can look awful on the obverse fresh out of the coining press because you have the highest areas on both sides directly opposite each other. The mint could not use enough pressure to get complete metal flow into the high points on both sides simultaneously without destroying the dies rather quickly.

The obverse die when striking the planchet pushes it down into the reverse die which will cause the planchet to fill the reverse, to a certain point, and the result is there is not enough metal to flow into the obverse die therefore, you have a weakly struck obverse.

The only way to completely fill out the dies when struck would be to use a thicker planchet which will have enough metal when pressed together to fill the dies. That was the reason why in 1922 the relief on both sides was reduced, to prolong die life.

It amazes me that people who have no knowledge of what they are looking at giving their usually inaccurate opinions.

Correct me if I'm wrong, but doesn't the strike play a factor in the grade? I have seen plenty of 1921 Peace dollars of the same grade that have much better strikes. I do agree, though, that it does not have many marks.

Correct me if I'm wrong, but doesn't the strike play a factor in the grade?

Not necessarily because that is how it came out of the Mint. The grade of a coin is determined by a number of factors other than the sharpness of the strike.

Strike quality will definitely have a factor in pricing though. Specialists in a particular series will pay a premium for well struck coins for a year that is known for weak strikes.

Couple of small dings near truncation of neck (obv.), and small dings on flight feathers (rev.). Rims appear un marked.
Why no (even residual) mint luster?
Weak strike - note particularly date numerals.
Why no "comment - 'weak strike'"?

Certainly leaves some doubt in MY mind.
At least a slider to something below MS64, and maybe a lot of slide.

Can't do a comparative ring tone test for authenticity - it has unfortunately been slabbed, and if broken out of the slab, could risk a big slide downwards.

All of these factors go into the decision to buy or not.

How much do empty dollar slabs weigh, and what is the tolerance? Ask PCGS. Add that to the weight of a genuine coin.