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1922 $1 Peace Dollar #1 - 2 Of 142

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numismatic student's Avatar
United States
11896 Posts
 Posted 12/25/2025  11:08 am Show Profile   Bookmark this topic Add numismatic student to your friends list Get a Link to this Message Number of Subscribers
$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 last week 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 up to $71.92 and a junk Peace dollar is worth $55.68 at melt a week after I purchased this group six days ago.

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. Merry Christmas to all of you and well wishes if you observe another holiday during this season.

Right now I think I have 142 coins in this queue for grading since I bought 138 and had 4 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.
1922-$1-Peace-Dollar-#1---2-Of-142
1922-$1-Peace-Dollar-#1---2-Of-142
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
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Errers and Varietys's Avatar
United States
74434 Posts
 Posted 12/25/2025  1:35 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
I'll say AU.
Errers and Varietys.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 12/25/2025  7:16 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
From these pics, there may be small nicks and scratches that are hard to find under the light patina, which makes it a bit more difficult to grade. Not the strongest of strikes, need to use a 10X loupe (as the TPGraders do), to better determine if there is minimal wear on the high points, but I will deem that there isn't any wear.

I will say MS-62.
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panzaldi's Avatar
United States
18673 Posts
 Posted 12/26/2025  09:08 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
another challenging coin. lighting is not the best. I think most of what we are seeing is cabinet rub. eye appeal on the lower end. some, decent hits on the nose and across the upper cheek area. very difficult to determine how much luster is hanging around

looked at several slabbed coins and I'm going with AU58

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IndianGoldEagle's Avatar
United States
36782 Posts
 Posted 12/26/2025  6:00 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
AU-58 slider.
Pillar of the Community
United States
886 Posts
 Posted 12/27/2025  02:05 am  Show Profile   Bookmark this reply Add adam126402 to your friends list Get a Link to this Reply
AU58
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fortcollins's Avatar
United States
3655 Posts
 Posted 12/31/2025  10:11 am  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
Strong AU-58 slider, with decent obverse eye appeal.
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