MS-63 1922-P Peace Dollar… Enjoy

I LOVE Peace Dollars… here’s a nice one straight from my collection… What do you guys think of the wooden background?
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I LOVE Peace Dollars… here’s a nice one straight from my collection… What do you guys think of the wooden background?
Comments
64 maybe. There are enough marks to keep it from 65 I think. Luster looks great.
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Hmmmmm. Looks like nice luster, but I'm picking up a hint of significant hairlines across the obverse. It's hard to tell from the photo. If there aren't hairlines, it still looks no better than an MS63 to me. Too much chatter on the chin, neck, rims, and eagle for much higher. Still, a very nice coin.
I'm confused. Are you thinking the coin will grade MS65 with hairlines?
If it has a bad patch of hairlines, it won't grade at all........
Nice luster on the coin but with the marks I think it'll grade a 63.
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Here are some coins that graded MS65:
Looks like it has decent luster but not a 65 coin. Too many hits as shown.
Looks like a little pvc or crud under the O in one.
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Are you sure?

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Here is my 22 in MS65 - can’t hardly find a blemish on it

I find that the best thing to do with Peace dollars is - grade it and subtract two points. Then you're in the realm of possibility...
The coin in the OP is not an MS65 by any standards that I use.
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Ha ha - fully agree, they are highly scrutinized at grading. Most raw ones today are still raw for a reason - it’s hard to find true gem grade (65 or above) just laying around anymore.
Any hairlines will trigger a 92 no grade (cleaned) from PCGS
Dings in hair, neck, field... hairlines.... something with the O in One... MS62.... at best. Cheers, RickO
I don't know, I think I could see this as a 64.
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For a fact? Only way to know that for a fact was to have gotten the coin back in 1922 and held it all this time. Actually a lot of coins were cleaned in the 1960s before folks knew better. Even a Q-tip gently across the surface of a peace dollar will cause hairlines and a no-grade genuine details cleaned.
Well the 1922 is actually quite common in higher grades, so I don't know if it is worth it from a financial point of view but if the coin is sentimental or special to you and you want it graded to ensure it is genuine and stays protected then I don't see an issue with it. I had some very common coins graded simply because they were my fathers and I wanted to keep them in my collection with the slabbed coins and keep them preserved - it wasn't about the money! For Peace dollars, if you have uncirculated examples that you think could grade gem or near gem (64 or higher) then the best dates are probably the 21, the 26, 27 and 28P, and then some of the more rare S mints like 27S, 34S, 35S etc. The 1922P is just a common date in high grades so even if it grades MS65 it maybe 200 dollar coin. The 27P in MS65 is over 1000 coin, for example. If you can get the red book you can read detail about each date - they all have their own story. For example the 24P usually has extra luster, the 26P has the word "GOD" extra highlighted and this is usually visible to the eye, the 28Ps are typically yellowed (and the 23P) etc etc., and the red book goes into detail. Makes it more fun to collect them if you can get examples that demonstrate these unique properties. In 1921 they made just over a million coins but was in the last two weeks of December 1921, so they were in a hurry and had all sorts of issues. BUt by 1922 this was mostly straightened out and I think they cranked out more than 20 million of them. So that is the reason the value is lower for that date. Thousands of them were well preserved and high grade specimens are common. A few dates exists where the circulated examples are more rare than uncirculated.... lot of cool facts if you really study the series. Best of luck to you!
Maybe you accidentally drooled on it.

That's reason enough to get it in plastic.
This is my 64 if it helps in judging somewhat.


Pocket Change Inspector
Very nice 65!
Pocket Change Inspector