1922 Peace Silver Dollar. MS-67 (PCGS). An exceptional Superb Gem with a gentle dusting of gold and bronze tones over pearlescent silver surfaces. The luster is impressively frosty, remaining smooth and undisturbed by abrasions of note across either side. Each side boasts sharp central elements. With strong eye appeal and superior technical quality this piece is surely an important opportunity.<br data-uw-rm-sr="" role="presentation" style="box-sizing:border-box;color:#333333;font-family:Avenir, Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:14px;background-color:#ffffff;" /><br data-uw-rm-sr="" role="presentation" style="box-sizing:border-box;color:#333333;font-family:Avenir, Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:14px;background-color:#ffffff;" />Over 51.7 million examples of the normal relief 1922 Peace dollar were struck for circulation at the Philadelphia Mint, which was a record for silver dollar production by any mint up until that point. It would remain a record for the denomination until the introduction of the Eisenhower dollar in the 1970s. This large quantity of 1922 dollars far exceeded demand, and the vast majority of these wound up stored in canvas bags in the Mint and the Treasury for decades. These were later paid out by banks to collectors and dealers throughout the 1940s and 1950s, and Q. David Bowers notes that bags "were still being distributed by the Treasury as late as March 1964."<br data-uw-rm-sr="" role="presentation" style="box-sizing:border-box;color:#333333;font-family:Avenir, Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:14px;background-color:#ffffff;" /><br data-uw-rm-sr="" role="presentation" style="box-sizing:border-box;color:#333333;font-family:Avenir, Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:14px;background-color:#ffffff;" />While this issue is readily available in Mint State up through Gem, in the very finest Superb grades this issue is incredibly scarce. The present piece shares the MS-67 grade with only 41 other examples at PCGS and not a single coin has been graded finer. It is truly a significant find for the most advanced collectors of the series and <em>PCGS Registry Set</em> participants.
