I purchased this 1922 Philadelphia Peace dollar along with several other coins and noticed that the edge is slightly different. Whereas the other coins have "squared-off" rims, this one seems to have a "rolled" rim. Here is the coin in question sandwiched between a 1922 Philadelphia and a 1923 Philadelphia with the standard "squared-off" rims:
Has anyone ever seen this before? The actual thickness of the coin is the same as the others, it just has the rolled rim. Here are photos of the front and back:
I am not a silver dollar guy. But when you see that edge on nickels and dimes, it can be one of two things.
First and more likely, it could be a weak strike. If the clearance between the dies is too large, the planchet isn't fully compressed. The rounded protorim remains around both coin faces, and the reeding is narrow and centered. The compression of the strike just isn't enough to force metal outwards and into the rim gutter and against the collar to form a proper rim. Sometimes you can even see a ledge around both coin faces where the dies made contact, but the protorim survived.
Second, it could have been encased in a bezel. That doesn't seem likely here, but worth mentioning.
I guess a silver dollar could have also been shaved or trimmed to steal silver, but that also doesn't seem likely here.
I defer to the silver dollar guys, though, weak strike is just my immediate impression.
Good thoughts on the bezel - I guess this could have squished it and rolled the edge over. I should note, however, that the rolling is extremely uniform and consistent and it goes all the way around the coin on both sides. I would think that damage from a bezel mounting would not be this uniform or consistent on both sides.
One thing that can be telling with a weak strike is putting it side by side with a fully struck coin. The weak strikes that I have examined have the design struck less deeply into the design than a normal strike. If the design is shallow in the coin faces, and the rims are not as tall off the fields, then a weak strike is a good possibility.
Coin is definitely legit - bought it from a reputable local coin dealer and it is the exact same thickness and diameter as my other Peace dollars ( I didn't measure it exactly with calipers though). It "ping" tests identically to my other Peace dollars both to my ear and in one of those frequency spectrum apps. I also weighed it on my kitchen scale but that thing is only accurate to the nearest gram so that isn't so helpful.
If its a fake coin its an extraordinarily advanced one - highly unlikely on such a common date/coin.
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