KEY DATE $1 1921 PEACE DOLLAR ANACS MS62
Lot Number:4
Completed
Start Time:5/23/2024 4:00:00 AM
End Time:6/9/2024 10:01:30 PM
Bid Count:55
Winning Bidder:R****d
Starting Bid:$1.00
Bid Increment:$10.00
Current Bid:$416.00
Bidding complete

 

  • Inaugural Year: The Peace Dollar series itself only lasted from 1921 to 1935, making the 1921 coins the very first ones minted. This historical distinction as the opening act for the series elevates its collectability.

  • High Relief Variation: Unlike the standard Peace Dollars produced in later years, the 1921 version boasts a high relief design. This unique characteristic, with the figures and lettering standing out more prominently, adds another layer of desirability for collectors who appreciate the artistry and craftsmanship of this short-lived design.

ANACS MS62 Grading:

The ANACS designation indicates your coin was certified by the American Numismatic Association Certification Service, another reputable professional coin grading service. The MS62 refers to the Sheldon Coin Grading Scale, signifying your Peace Dollar is in Mint State (uncirculated) condition. However, an MS62 grade indicates the coin has undergone moderate wear, with some remaining signs of mint luster and details.

Value and Market Considerations:

The value of your specific 1921 Peace Dollar, graded ANACS MS62, hinges on a few key factors:

  • High Relief vs. Regular Strike: The High Relief version, with its sharper features, is significantly more valuable than the standard strike 1921 Peace Dollar.

  • Specific Condition: Even within the MS62 grade, there can be subtle variations in a coin's surface quality, luster, and strike. A coin with exceptional eye appeal, meaning minimal detracting marks or blemishes, might command a higher price than one with more noticeable wear.

  • Market Fluctuations: Coin values can fluctuate based on overall economic trends and collector demand for specific coins.

Refined Value Ranges:

To give you a more precise notion of value, here's a breakdown based on the two primary variations:

  • High Relief MS62: For the highly sought-after High Relief variety, specimens graded MS62 can range from $4,000 to $7,000 or even higher depending on eye appeal. Due to their historical significance and limited mintage, High Relief 1921 Peace Dollars are particularly prized by collectors, and exceptional examples can reach even loftier values.

  • Regular Strike MS62: Regular strike 1921 Peace Dollars in MS62 condition typically hold a value between $300 and $500. While not as valuable as the High Relief version, they still hold appeal for collectors who enjoy owning a piece of history from the first year of the Peace Dollar series.

Recommendations for Further Exploration:

  • Verify High Relief: Given the significant difference in value, it's crucial to confirm if your coin is the High Relief version. Look for online resources with images highlighting the design elements that differentiate the High Relief from the standard strike. Consulting a professional numismatist familiar with Peace Dollars can also provide definitive confirmation.
  • Market Research: Search for recently sold 1921 Peace Dollars graded ANACS MS62, specifying "High Relief" or "Regular Strike" in your search queries. This will help you get a sense of current market prices for coins in similar condition.
  • Professional Appraisal: For the most accurate valuation, consider having your coin examined by a professional appraiser specializing in Peace Dollars. They can definitively determine the variety (High Relief or Regular Strike), assess the coin's specific condition and eye appeal, and provide a more precise estimate based on current market trends.

By following these steps and conducting further research, you can gain a deeper understanding of the value and collectibility of your specific 1921 Peace Dollar, ANACS MS62.

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Michigan
United States