One of the most sought-after American coins ever produced is the Peace Dollar.
Since these coins were only made for a short period of time, a dedicated
collector could wish to have a
Peace Dollar
from every year that they were manufactured.
Excellent 1921 Peace dollars are frequently the focal point of a collection.
Like with all vintage coins, the 1921 Peace dollar value is mostly determined
by condition. To determine how well your coin has survived, it's important to
refer to the grading images and descriptions of coins due to their unique,
striking features.
Let's learn about the 1921 Peace Dollar value, design, and grade with this
article.
1921 Peace Dollar Value
One of the most sought-after American coins ever produced is the Peace Dollar.
Since these coins were only made for a short period of time, a dedicated
collector could wish to have a
Peace Dollar
from every year that they were manufactured.
Excellent 1921 Peace dollars are frequently the focal point of a collection.
Like with all vintage coins, the 1921 Peace dollar value is mostly determined
by condition. To determine how well your coin has survived, it's important to
refer to the grading images and descriptions of coins due to their unique,
striking features.
Let's learn about the 1921 Peace Dollar value, design, and grade with this
article.
1921 Peace Dollar Value
The typical circulation grade of a 1921 Peace dollar ranges from $150 to
$100,000 for one of the best known examples. An uncirculated specimen with a
standard grade of MS-63 usually sells for approximately $1,000. The premium
for Peace dollars of the same grade, if struck on more popular dates, is
noticeable when compared to their price.
Although it's not the rarest in the series, the 1921 Peace dollar is regarded
as a key or semi-key issue. It is crucial to purchase a 1921 Peace dollar that
has been certified by
PCGS, NGC, or CAC. Reputable dealers should have no trouble locating a
high-quality coin that has been verified and rated by one of these
organizations. Steer clear of broken or cleaned coins.
|
| MS- 63 |
$ 150 |
$ 1,000 |
| Finest Known |
$ 100,000 |
- |
Design of 1921 Peace Dollar
Obverse:
The main feature of the obverse is a left-facing bust of a young Miss
Liberty donning a ray tiara, which is similar to the brilliant crown on
the Statue of Liberty's head. Miss Liberty has her hair mostly pulled back
in a bun, with a few strands seen hanging down around her neck.
The word LIBERTY is arcing down the rim on the upper part of the obverse
field, and the year 1921 is centered below the bust of Liberty close to
the bottom rim. The motto IN GOD WE TRVST is written in a single line that
spans the lower quarter of the obverse and that field portion.
Liberty is to the left of the words IN GOD WE, while the phrase TRVST is
behind her neck. In addition to appearing on the rim side of the words IN
and TRVST, dots can also be observed between the words IN GOD WE. In the
lower obverse field, below Liberty's neck, is the designer's AF monogram.
Reverse:
The reverse is anchored by a picture of an American bald eagle poised
above a mountain. An olive branch, signifying peace, is held in its claws;
noticeably absent from this eagle's representation is a belt of arrows,
signifying military might, a feature frequently observed in renditions of
the national bird of pride. The eagle is facing right and is partially
turned away from the observer toward a sunrise, signifying the hope of
global peace breaking forth.
The striking sunrays in the sunrise picture complement the rays in Miss
Liberty's tiara on the coin's reverse. In the upper portion of the
reverse, the legend "UNITED STATES of AMERICA" is displayed along the rim.
Directly below is the motto E PLURIBUS UNUM, written in letters the same
size as the legend. Visually, the word PLURIBUS is separated from UNUM by
the eagle's beak, which also punctuates the gap between the letters E and
PLURIBUS.
The word "ONE" is written to the left of the eagle by its tail feathers,
and the denomination "ONE DOLLAR" is superimposed over the sun's rays to
the right of the eagle. This text appears over the bottom third of the
reverse in a single line. Below the eagle, on the rock that the
nationalistic bird is perched upon, is etched the word PEACE.
1921 Peace Dollar Grading
An extremely intricate process goes into grading a coin. Although subjective,
coinage specialists' opinions are also included in the grading procedure.
These specialists will carefully inspect every facet of the coin to ascertain
how well its condition has held up over time. Similar to other coin types, the
value of a coin increases with its overall condition and degree of wear and
tear. A thorough inspection of the coin's obverse and reverse can provide a
rough estimate of its prospective grade based on relative scarcity, mint year,
and other elements, in addition to any flaws on the coin.
To find out how your Peace Dollar coin might be rated, use the guidelines
below.
Uncirculated:
A 1921 Peace Dollar that shows absolutely no evidence of wear and tear is
considered uncirculated. Even though it is getting up to 100 years old, a
flawlessly uncirculated coin will seem like it was just taken off the presses.
A coin in this condition won't have any flaws in its texture or images, even
though its color and tone may reveal information about how old it is. A
magnifying glass can be used to examine a Peace Dollar coin up close with
ease. Using a magnifying glass, one may determine whether all of the coin's
details are still intact or if some have faded over time.
Extremely Fine:
The premium for Peace dollars of the same grade, if struck on more popular
dates, is noticeable when compared to their price. Due to the coin changing
hands over time, some of the minor elements, like the olive branch, may have
some wear. There may also be smoother parts of the coin's texture. However,
this coin is still regarded as being in excellent shape and is still quite
appealing.
Fine:
Despite obvious indications of wear and tear, a beautiful coin retains all of
its intricacies and imagery. The coin's finish may become more dull-looking,
and it may have somewhat worn letters or designs.
Good:
The coin's pictures and text have suffered from extensive wear and tear.
Because of their relative scarcity, these coins can still be very popular even
though they are not in perfect shape.
Conclusion
In conclusion, the 1921 Peace Dollar is a treasured piece for coin
collectors due to its unique design and historical significance. The
high-relief striking of this one-year issue sets it apart, making it a focal
point for many collections.
The value of these coins varies greatly depending on their condition, with
uncirculated specimens fetching significant premiums. Whether you're a
seasoned collector or a novice, understanding the design details and grading
criteria can help you appreciate and assess your 1921 Peace Dollar value.
Happy collecting!
