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[early Die Or Special Strike] 1921 Peace Dollar Rare Find?

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United States
7641 Posts
 Posted 06/15/2016  9:17 pm  Show Profile   Bookmark this reply Add westernsky to your friends list
PCGS may have graded the coin that once resided in the holder 64, but the coin currently in the holder may not be it!
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United States
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 Posted 06/15/2016  9:20 pm  Show Profile   Bookmark this reply Add paralyse to your friends list
Wow. Those hairlines in the first picture make me wonder. They do not look like characteristic die polishing lines.

It may have been lightly enough wiped that it skipped the details designation, or chalked up to cabinet wear or collector handling.

I would have thought 100% for sure it would be in a details holder based on the first picture. Second two pictures are much better.

As AlphaOmega noted, they are usually struck weakly centrally. He's pretty good at grading 1921's, which is a difficult year to learn to grade properly.
Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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Canada
685 Posts
 Posted 06/15/2016  9:21 pm  Show Profile   Bookmark this reply Add Panda to your friends list
Dear @westernsky,

It's in the PCGS holder.

[early-Die-Or-Special-Strike]-1921-Peace-Dollar-Rare-Find?
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Canada
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 Posted 06/15/2016  9:24 pm  Show Profile   Bookmark this reply Add Panda to your friends list
Dear @paralyse,

Those are die polish lines, I double checked the coin those are not hairlines.
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 Posted 06/15/2016  9:28 pm  Show Profile   Bookmark this reply Add Panda to your friends list
Added a close-up picture

[early-Die-Or-Special-Strike]-1921-Peace-Dollar-Rare-Find?
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7641 Posts
 Posted 06/15/2016  9:56 pm  Show Profile   Bookmark this reply Add westernsky to your friends list
I would never, ever remove THAT coin from THAT holder if I ever had intentions of reselling the coin.

No, I do not like the coin as it's eye appeal comes up short on my scale.
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6370 Posts
 Posted 06/15/2016  10:53 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list
This is one I would like to see in hand. I have a War Nickel that looks exactly the same (escpecially your second picture), and Bill Fivaz confirmed my suspicions that it was a early strike PL coin. I feel that may be the case with your coin as well.
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 Posted 06/16/2016  08:56 am  Show Profile   Bookmark this reply Add thq to your friends list
A typical 1921 weak strike circulation coin, and it looks polished. If it were the proof-like VAM 1-H strike http://www.vamworld.com/1921-P+Peace+VAM-1H it would have been noted on the slab. The proof-like strike I have looks like this (sorry for the fuzzy photo of the slab), and shows full hair detail in the center of the coin. On the reverse, the wing is full where it meets the eagle's leg.

[early-Die-Or-Special-Strike]-1921-Peace-Dollar-Rare-Find?
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
06/16/2016 09:09 am
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Canada
685 Posts
 Posted 06/16/2016  10:49 am  Show Profile   Bookmark this reply Add Panda to your friends list
Thanks everyone!!

Just added 2 videos :)

https://vid.me/4HSC

https://vid.me/Dvae

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Canada
685 Posts
 Posted 06/16/2016  10:53 am  Show Profile   Bookmark this reply Add Panda to your friends list
Thanks @westernsky!

I won't take it out of the holder :)
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685 Posts
 Posted 06/16/2016  10:54 am  Show Profile   Bookmark this reply Add Panda to your friends list
Dear @TypeCoin971793 and @thq

Please see the obv and rev videos, thank you!

https://vid.me/4HSC

https://vid.me/Dvae
Pillar of the Community
United States
3344 Posts
 Posted 06/16/2016  11:27 am  Show Profile   Bookmark this reply Add thq to your friends list
The raised die polish lines on the 1H are in very specific places and cannot be seen without magnification. Your coin has nice cartwheel luster but that's not what distinguishes the proof dies (1H satin, and 1F and 1G matte) .

On the coin I have, the die polish lines are most visible in the protected areas, between E and Liberty's neck, and next to the eagle's talons on the reverse. Unfortunately the reverse has been lightly wiped. This was enough to remove the die polish lines that would have been visible in the fields.

edit: vamworld has added a lot of new pictures since I last reviewed it. The polishing lines on the satin proof die ( VAM 1H) are shown in several new places, along with other characteristic marks. In examining my coin again under a 10x hand magnifier I was able to find several of these, along with the diagnostic hub marks on the reverse. Even with magnification I needed a strong light, and had to rotate the coin to catch the right lighting angle to see the lines.

This Heritage 1H has good photography. Note the two dagger-like hub marks at the base of the eagle's inside tail feather.

http://coins.ha.com/itm/peace-dolla...ption-071515

The 1H is relatively rare. Heritage has sold 10 since 1H was identified in 2005, all uncirculated. By comparison they have sold 674 regular strike 1921 Peace just in MS65.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
06/17/2016 10:30 am
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 Posted 06/17/2016  10:56 am  Show Profile   Bookmark this reply Add Panda to your friends list
PCGS never graded a single 1921 Satin Proof Peace$ (NGC graded 17)
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 Posted 06/17/2016  11:18 am  Show Profile   Bookmark this reply Add thq to your friends list
The one I have is in an ICG holder marked proof dies. MS62, but dubious because of the reverse wipe. It probably predates the 1H designation by at least 10 years, but ICG knew what it was.

The proof dies don't command crazy premiums below MS66. I bought mine because it was well struck and affordable. Around $300 if I remember right.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
06/17/2016 11:20 am
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 Posted 06/17/2016  11:50 am  Show Profile   Bookmark this reply Add Panda to your friends list
$300 is a good buy!
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