1922 $1 Peace Dollar #7 - 8 Of 142

$52. Recently I purchased 138 Peace dollars for a record breaking high nominal silver price of $52 (at the time). We will see if I bought them at the peak and whether I get burned if silver pulls back again as it has often in the past. I bought these on 12/18/25 when silver was about $67.20. When the Hunt Brothers tried to corner the silver market in January of 1980, silver hit a peak of $50.35. The current nominal price of silver has surpassed the Hunt Brothers peak, but if you were to adjust that price in early 1980 of $50.35, back then that sum had purchasing power equivalent to about $209 dollars today, so in inflation-adjusted real terms, we are still far away from the 1980 peak of silver 45 years ago. Today, as I write this, silver has floated down 9% to $71 and a junk Peace dollar is worth $55.27 from $59.03.

Posting one Peace dollar for grading each day alongside my daily Morgan dollar with the hope that we all are able to help one another get better at grading Morgan and Peace dollars in the new year. Right now I think I have 143 coins in this queue for grading since I bought 138 and had 5 more lying around. I purchased these as Uncs and look forward to my flogging in the grading forum for letting sliders and outright, obviously circulated coins into the pile. Take it easy on me a little. I have always been a terrible grader and they haven't found a cure for my ailment yet.