1927-S $1 MS(PCGS#7372)

June 2023 U.S. Coins Auction

Auctioneer

Stack's Bowers

Lot Number

2049

Grade

MS65+

Price

9,600

Lot Description

Phenomenal Gem Rarity 1927-S Dollar 1927-S Peace Silver Dollar. MS-65+ (NGC). CAC. As one of the best struck, finest certified 1927-S Peace dollars that we have handled in recent memory, the importance of this coin for advanced specialists in this series can hardly be overstated. The detail to both sides is impressively sharp, in fact, with even the hair curls over Liberty's ear and the feathers at the junction of the eagle's wing and leg crisply showing emerging to bold definition. Luster is silky smooth with appealing satin texture. Lightly toned around the peripheries, especially on the obverse, this is a desirable premium Gem that will please even the most discerning Peace dollar enthusiast. Examples of this low mintage, 866,000-piece issue were considered plentiful in the coin market of old, thanks to the release of thousands of examples from storage in the San Francisco Mint during the 1940s and 1950s. By the early 1970s, however, the coins had been widely dispersed with Mint State survivors recognized as scarce by contemporary numismatists. The distribution of the LaVere Redfield hoard beginning in 1976 changed the situation, but only temporarily. Today, the 1927-S remains a key date Peace dollar, especially in sharply struck Gem Uncirculated, as here. NGC Census: 4; 3 finer (all MS-66). PCGS# 7372. NGC ID: 257U. Click here for certification details from NGC.