Sale Name: KEY DATE MORGAN SILVER DOLLARS, PEACE, PCGS, NGC, SEATED HALF DOLLARS, LARGE CENTS, BUFFALO NICKELS, CAPPED BUST HALVES, CURRENCY, BARBERS KEY DATES, SEATED, SILVER BULLION JUNE 30TH
LOT 2 - $1 1921 KEY DATE HIGH RELIEF PCGS UNCIRCULATED
Description

The 1921 $1 High Relief, also known as the 1921 Peace Dollar High Relief, is a prized possession among coin enthusiasts for its rarity and unique place in history.

  • Limited Mintage: With only 1,006,473 minted, it stands out as a key date for Peace Dollars. This low mintage was due to the short-lived high relief design. The high relief caused challenges in the minting process, including creating uneven coin thickness and making them difficult to stack. To address these issues, the design was modified for subsequent Peace Dollars, resulting in the high relief version becoming significantly scarcer.

  • Historical Significance: The 1921 High Relief represents the very first Peace Dollar design. Following World War I, the US Mint aimed to create a new silver dollar design symbolizing peace. Italian immigrant sculptor Anthony de Francisci's design won the competition, featuring Lady Liberty on the obverse and an eagle clutching an olive branch on the reverse. However, the high relief aspect proved impractical, and the design was adjusted for later mintages. Therefore, the 1921 High Relief serves as a historical artifact of the initial concept for Peace Dollars.

  • Value Determination: A 1921 Peace Dollar High Relief's value hinges on its condition. Coins that have been circulated and show wear can range from $100 to $525, depending on the level of detail remaining. However, uncirculated specimens in top condition can reach staggering prices. Due to their rarity and historical significance, pristine high relief Peace Dollars can fetch upwards of $67,500 from serious collectors. Having the coin professionally graded by a reputable service like NGC or PCGS is crucial to determining its exact condition and potential value. This ensures you get an accurate assessment before selling or adding this significant piece of history to your collection.

Quantity: 1