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1921 $1 PCGS MS64 Peace Dollar Vam 1-H Satin Proof Dies


Coin is No Longer Available

 

1921 $1 PCGS MS64 Peace Dollar Vam 1-H Satin Proof Dies

VAM-1H. Struck from satin proof dies. This scarce VAM variety is identified by specific wispy die polish lines above GOD and ONE. Additionally, the overall strike is much more defined than business strikes of other varieties of this date. It's prooflike appearance alone captures the viewer's eye from across a dark room. Both business strikes and satin proofs were coined from these dies. This is an extrordinarily special variety as it is as close as many can get to owning the ULTRA-RARE Peace dollar proofs which generally sell in the $30,000-$75,000 range. So, when you say my price is too high, just consider the fact that just a few handfulls of planchets prior to this coin being struck, the mint was producing this coin with the very same dies for proof distribution.

Additionally, regarding the price, I DID have to pay a strong premium for this coin and upon recollection of my thoughts when I bought it, I convinced myself with these points:
  1. Greysheet value for an MS65 is $2,240. To be honest, I would MUCH rather have a rare coin like this than a run of the mill MS65. Actually, I wouldn't buy a run of the mill MS65 but they still sell for around my asking price for this baby.
  2. The popularity factor of this series is rising every day. There are so few available proofs that having a coin like this presents virtually has no downside as the demand will likely exist for this variety for quite some time.
Oh, and the final reasons?

Here are some prices realized for 1921 Satin Proof Vam 1-H Peace Dollars:

(Prices from Heritage Rare Coin Galleries)

Auction 444, Lot 1776 Sunday, August 12, 2007 63 NGC $29,900.00
Auction 408, Lot 2858 Saturday, June 3, 2006 63 ANACS $17,250.00
Auction 402, Lot 1236 Friday, April 7, 2006 65 NGC $37,375.00
Auction 402, Lot 1237 Friday, April 7, 2006 66 NGC $69,000.00
Auction 402, Lot 1260 Friday, April 7, 2006 64 NGC $18,400.00
Auction 388, Lot 2353 Saturday, November 5, 2005 63 ANACS $12,650.00
Auction 330, Lot 9143 Saturday, September 20, 2003 62 ANACS $10,350.00
Auction 308, Lot 8375 Saturday, January 11, 2003 65 NGC $32,400.00
Auction 288, Lot 4352 Saturday, April 27, 2002 65 NGC $33,350.00
Auction 137, Lot 5794 Sunday, June 4, 1995 66 PCGS $39,600.00
Auction 122, Lot 7250 Saturday, July 30, 1994 63 NGC $8,360.00

This Coin Has Been Viewed 1635 Times

Call 1-214-769-9936 for Jhon

Email jhon@jhonecash.com

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