1924 $1 Peace Dollar Curved Clip Mint Error NGC MS64

Grade and Condition:

• MS64 (Mint State 64) is a high-quality uncirculated grade, meaning that the coin retains much of its original mint luster with only a few minor imperfections or contact marks visible under magnification. A coin in MS64 typically has minimal wear and great eye appeal, making it an attractive piece for collectors.
• The NGC grading adds credibility to the coin’s authenticity and condition, as NGC is one of the top grading services in the numismatic world.

Mint Error – Curved Clip:

• The Curved Clip at 11:00 refers to a specific type of planchet error that occurred during the minting process. A curved clip occurs when the coin’s metal planchet (blank disk) is improperly cut or damaged before striking, causing a portion of the planchet to be clipped or missing, often creating a noticeable curve on one edge of the coin.
• The 11:00 position refers to the orientation of the clip, meaning that the clipped portion is located near the 11:00 o’clock position on the coin’s edge, which is a distinctive feature for error collectors.
• Mint errors, especially those like curved clips, add significant interest and value to a coin due to their rarity and uniqueness. Collectors often seek out these types of errors for their distinctiveness and the fact that they occurred during the minting process, making each example one-of-a-kind.

Mintage and Significance:

• The 1924 Peace Dollar is a common date in the Peace Dollar series, with a mintage of around 11 million coins. Despite being more readily available than some other years, the 1924 still holds a place of importance within the series.
• The addition of a mint error, such as the curved clip, elevates the coin’s desirability and rarity, making it an even more interesting piece for collectors.

Design:

• The Peace Dollar was designed by Anthony de Francisci to commemorate the end of World War I and symbolizes peace. The obverse features a portrait of Lady Liberty wearing a radiant crown, while the reverse depicts a perched eagle holding an olive branch with the word “PEACE” above it.
• The design represents hope for lasting peace and is one of the most iconic U.S. coin designs of the 20th century.

Market Appeal:

• The 1924 Peace Dollar with a curved clip error in MS64 grade is a unique and valuable piece for error collectors, especially those focusing on minting mistakes within the Peace Dollar series.
• Even though the 1924 is a more common year in terms of mintage, the error significantly increases its value and makes it a standout in a collection.

Silver Content:

• Like all Peace Dollars, the 1924 contains 90% silver and 10% copper. While the coin’s silver content provides intrinsic value, the mint error and high grade give it additional numismatic value.

Value:

• Due to the rarity of mint errors, particularly curved clips, this coin is likely to be worth more than a standard 1924 Peace Dollar in MS64 condition. Collectors who specialize in error coins or Peace Dollars with unusual minting anomalies will find this piece highly appealing.
• The value of this coin can vary depending on market conditions and demand for error coins, but it will generally command a premium over a non-error Peace Dollar in similar grade.

Conclusion:

This 1924 Peace Dollar with a Curved Clip at 11:00, graded NGC MS64, is a unique and highly collectible piece that combines the iconic design of the Peace Dollar with the intrigue of a mint error. It’s an excellent choice for collectors focused on mint errors, Peace Dollars, or those looking to add an interesting piece to their collection.