1924-S $1 Peace Silver Dollar PCGS MS64 (CAC)

When you purchase this superb choice 1924-S Peace dollar, graded MS64 by NGC, you will own a beautiful example of numismatic art. Inspired by the earlier collaboration of President Theodore Roosevelt and famed sculptor Augustus Saint-Gaudens, this is the last of the series of new coin designs that began in 1907 with Saint-Gaudens's $10 gold Eagle and $20 gold Double Eagle. This is one of the better dates in the entire Peace dollar series, one that would be an exciting addition to your collection.

      Ron Guth writes, "The 1924-S Peace dollar is a low mintage date....However, in Gem condition, the 1924-S is one of the great condition-rarities in the Peace dollar series."       David Bowers writes of the 1924-S Peace dollar: "At the San Francisco Mint the production was 1,728,000, which was a tiny fraction of the quantity of 1922-s and 1923-S dollars made earlier by the same facility." The distribution of this date was  different from other years in the series. Many bags of the 1922-S, 1923-S, and 1926-S were released in the 1940s and 1950s. However, quantities of 1924-S bags were paid out only occasionally. There were a few 1,000-coin bags sold in the late 1950s, and writes Bowers, "were quickly absorbed at prices of about double face value, a high premium at the time." It is said that the Redfield hoard had a few hundred uncirculated examples, but no bags.

      Continues Bowers, "The low mintage and the relative unavailability of mint-sealed bags combine to make this one of the scarcest issues of the early part of the Peace dollar series, and the rarest S-Mint coin up to this point in time.... Mint State 1924-S dollars are scarce, especially in higher grades. This issue is near the top of the rarity list in grades such as MS-63, MS-64, and MS-65."

      This is one of the most beautiful designs in American numismatics, unique when compared to most other U.S. coins. The one coin that it derives some inspiration from is the $10 gold Indian Head eagle designed by Augustus-Saint Gaudens. Such a coin as the 1924-S Peace dollar evoke a nostalgic time in our history, the time of bathtub gin, the Roaring Twenties, and the famous novel The Great Gatsby by F. Scott Fitzgerald.