The 1922 Peace Dollar in High Relief with a Matte Proof finish is one of the most iconic and rare coins in U.S. numismatics. Known for its intricate design and historical importance, this coin holds a special place in the hearts of collectors. Let’s explore its story, features, rarity, and why it is so sought after by enthusiasts.
What is the 1922 Peace Dollar?
The Peace Dollar series was created to celebrate the end of World War I and symbolize peace. It was designed by Anthony de Francisci, with the goddess Liberty and an eagle holding an olive branch as its key motifs.
The 1922 High Relief Peace Dollar stands out because it was part of an experimental minting process. Early in 1922, the U.S. Mint attempted to replicate the stunning high-relief design of the 1921 Peace Dollar. However, the high-relief design caused issues during production, leading to weak strikes and die breakages.
What Makes the High Relief Matte Proof Special?
The High Relief Matte Proof Peace Dollar is incredibly rare, with fewer than 10 known examples. These coins were struck using a special minting process with hand-finished dies to create a matte finish, resulting in a unique texture and brilliance.
Unlike regular coins, Matte Proof coins were never intended for circulation. They were often used for testing designs or as presentation pieces for dignitaries. This limited production makes them highly coveted among collectors.
| Topic | Details |
|---|---|
| What is the 1922 High Relief Peace Dollar? | A rare experimental coin with a high-relief design, created as part of the Peace Dollar series. |
| Designer | Anthony de Francisci, known for his portrayal of Liberty as a symbol of post-WWI peace. |
| Production Issues | High-relief design caused minting challenges like die breakages and weak strikes. |
| Matte Proof Finish | A special finish with a smooth, satin-like texture used for testing or presentation coins. |
| Rarity | Fewer than 10 known examples, making it one of the rarest U.S. coins. |
| Composition | Made of 90% silver and 10% copper, with a diameter of 38.1 mm. |
| Historical Significance | Represents peace after World War I and a unique chapter in U.S. coin production. |
| Value | Highly valuable; authentic examples have sold for over $1.8 million at auctions. |
| Differences from Regular 1922 Coins | Features high-relief details and a Matte Proof finish, unlike the low-relief mass-production coins. |
| How to Authenticate | Verified by professional grading services; requires expert evaluation due to its rarity. |
| Why Discontinued? | High-relief designs were abandoned due to production difficulties and equipment damage. |
| Collector Appeal | Coveted for its beauty, rarity, and historical importance; a true masterpiece of numismatics. |
Key Features of the Coin
- High Relief Design: The design is deeply etched, giving the coin a striking three-dimensional appearance.
- Matte Proof Finish: A smooth, satin-like surface that highlights the intricate details of the artwork.
- Composition: Made of 90% silver and 10% copper, with a standard Peace Dollar diameter of 38.1 mm.
- Mintage: Less than 10 known, making it one of the rarest Peace Dollar variations.
Rarity and Value
The rarity of the 1922 High Relief Matte Proof makes it incredibly valuable. When these coins appear in auctions, they can sell for millions of dollars. One such coin sold for over $1.8 million in recent years.
Factors influencing the value include:
- Condition: Graded specimens in top conditions command higher prices.
- Provenance: Coins with documented histories or from famous collections often fetch premiums.
- Authentication: Because of their rarity, genuine examples come with expert certifications.
FAQs
What is the 1922 High Relief Peace Dollar?
The 1922 High Relief Peace Dollar is a rare experimental coin featuring a deeply etched design, created to test the feasibility of continuing the high-relief style used in the 1921 Peace Dollar.
Why is the 1922 High Relief Peace Dollar so rare?
The coin’s production was limited due to technical difficulties in striking high-relief designs, such as die breakages and uneven strikes. Less than 10 examples with a Matte Proof finish are known to exist.
What is a Matte Proof finish?
A Matte Proof finish is a special minting process that gives the coin a smooth, satin-like texture. It highlights intricate details and is often used for presentation or experimental pieces.
How can I identify a genuine 1922 High Relief Peace Dollar?
Look for the high-relief details on Liberty’s profile and the eagle, along with the unique Matte Proof finish. Authentication by a professional grading service is essential due to the coin’s rarity.
What is the value of the 1922 High Relief Peace Dollar?
The coin’s value depends on its condition, provenance, and certification. Authentic specimens have sold for millions of dollars at auctions, with one fetching over $1.8 million.
The 1922 Peace Dollar in High Relief with a Matte Proof finish is a true gem of U.S. coinage. Its rarity, historical significance, and breathtaking design make it a prized possession for collectors. Whether you’re an experienced numismatist or a budding enthusiast, learning about this coin is an exciting journey into American history.
