1921 $1 High Relief, Peace MS(PCGS#7356)

June 2026 Showcase Auction U.S. Coins

경매인

Stack's Bowers

로트 번호

2199

등급

MS66

가격

8,540

로트 설명

Exceptionally vivid for a silver dollar of this design type, both sides are adorned with soft, iridescent toning in lilac-blue and pinkish-apricot. Fully lustrous and frosty with carefully preserved Gem Mint State surfaces. A lovely High Relief Peace dollar worthy of strong bids.<p>The passage of the Pittman Act in 1918 required the Treasury to melt as many as 350 million silver dollars to be used for the production of subsidiary silver coinage or to be sold as bullion. It also required that the Mint strike replacement silver dollars for any that were destroyed. In just two years, more than 270 million silver dollars ended up in the Mint's crucibles, and to meet the terms of the act, low relief 1921 Morgan dollars were produced in prodigious quantities.<p>Legislation was proposed and approved by Congress in May 1921 to issue a new silver dollar to celebrate the return of peace after World War I. The Commission of Fine Arts sponsored a competition and the design by Italian immigrant Anthony de Francisci was selected. The winning design featured a bust of Liberty modeled on his wife, Teresa, and a proud eagle standing on a rock engraved with the word PEACE surrounded by a glory of rays. The new design was not ready until late in the year and the entire production of 1,006,473 coins took place between December 26 and 31. The first of these coins were released on January 3. Well struck and with superior eye appeal, this is certainly one of the nicest Gems to come on the market in recent times.<p><p>