Key Features:
- Year: 1922
- Mint: San Francisco (S mintmark)
- Grade: PCGS MS64 (Mint State 64)
- Composition: 90% silver, 10% copper
- Weight: 26.73 grams
- Diameter: 38.1 mm
- Designer: Anthony de Francisci
Obverse Design:
The obverse features a striking image of Lady Liberty facing left, wearing a radiating crown, symbolizing freedom and enlightenment. Above her is the word “LIBERTY,” with “IN GOD WE TRVST” and the date below. The use of the Roman-style “V” in “TRUST” gives the design a classical aesthetic.
Reverse Design:
The reverse showcases an eagle perched on a rock, clutching an olive branch, with the word “PEACE” inscribed at the bottom. The background features rays extending upward, symbolizing a hopeful future. Surrounding the design are the inscriptions “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” and the denomination “ONE DOLLAR.”
Historical Context:
The Peace Dollar was introduced in 1921 to commemorate the peace following World War I. The coin replaced the Morgan Dollar and was minted from 1921 to 1935. The 1922-S is part of the second year of issue, during which the San Francisco Mint produced 17,475,000 coins. San Francisco-minted Peace Dollars tend to have weaker strikes compared to those from Philadelphia and Denver, making well-struck, high-grade examples more desirable to collectors.
Grading & Eye Appeal:
- MS64 Grade: A coin graded MS64 is in near-gem condition. It will show a strong luster and sharp details, but with some noticeable bag marks or small abrasions in non-distracting locations.
- Old PCGS Holder: Coins in older PCGS holders (sometimes referred to as “rattlers” due to the design) have a nostalgic appeal for collectors. Some believe that coins from this era were graded more conservatively, which could mean the coin might be under-graded by today’s standards, adding to its collectible allure.
Collectibility:
- Peace Dollar Series: The Peace Dollar is popular among collectors due to its beautiful design and historical significance. The 1922-S is one of the more common dates in the series, but high-grade examples, especially from the San Francisco Mint, are always in demand.
- Silver Content: With 90% silver content, the coin has intrinsic bullion value, although its numismatic value far exceeds its silver worth.
- MS64 Condition: Collectors seeking high-grade examples of Peace Dollars will appreciate an MS64 for its strong strike and attractive appearance, though slight imperfections are expected.
Summary:
The 1922-S Peace Dollar in MS64 represents an appealing blend of historical significance and collectible desirability. Its old PCGS holder adds a touch of vintage appeal, while the MS64 grade ensures the coin has strong visual appeal with minor imperfections. Collectors of Peace Dollars, as well as those interested in U.S. silver coins, will find this example a fine addition to their collections.



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