1926 Peace Dollar: History and Value

From Charles Morgan And Hubert Walker for CoinWeek Notes …..

The Philadelphia Mint reached almost two million Peace Dollar in 1926. Numerous examples of this date have been preserved in Mint State, including many in Gem or better quality. Peace dollar of 1926 typically lacks the bright shine and shimmering appearance of some of the finer 1922 And Peace dollar of 1923 and many of the gem examples we examined exhibit problems such as edge strikes, planchet voids, and other defects.

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Market data and notable specimens

In the January 1976 issue of The numismatistCoin dealer John B. Love of Record Coin Shop In Cutting bench, Montanaannounced that he was offering $350 for nice BU rolls of this date.

In an August 1978 numismatist Advertisement, dealer George H. Ashley, Jr. from Capital Coin Exchange In Richmond, VirginiaGEM BU offered 1926 Peace Dollars for sale for $42 each.

The PCGS The number of MS66+ coins has increased dramatically since the first two coins were certified at this level in 2012. When the first coins were graded MS66+, PCGS had not certified any finder coins. Since then, the service has certified another 70 MS66+ (many of them as an upgrade from MS66) and one coin MS67. The MS67 sold twice in 2021: once for $46,125 at GreatCollections (a record price at the time) and four months later for an astonishing $120,000 at heritage. It is unlikely that this price can be maintained in the long term, especially in the very likely event that more MS67s are produced.

CAC has applied its sticker to several MS66+ coins, but its previous sticker service did not distinguish between full and plus grades.

Largest population: PCGS MS67 (1, 7/2024), NGC MS67+ (1, 7/2024) and CAC MS66+ (0:2 with sticker: graded, 7/2024).

• PCGS MS67 No. 43380733: As PCGS MS67 #4183999. GreatCollections, June 20, 2021, lot 986172 – $46,125. Pop 1, no one is better. As PCGS MS67 #43380733. “The James E. Blake Collection,” Heritage Auctions, October 7, 2021, lot 3558 – $120,000. Regraded. Pop 1, nothing better. Brilliant. Small copper stain to the left of the L of LIBERTY. Circular stamp scratch along bust cut. Tiny hooks in the box on the back.
• NGC MS67 #448234-010: “The Robert Moreno Registry Collection of Peace Dollars,” Heritage Auctions, April 7, 2006, lot 1223 – $14,950.
• PCGS MS66+ CAC number 49469526: Heritage Auctions, May 10, 2024, lot 4893 – $7,200.
• PCGS MS66+ #09524032: Stack’s Bowers, March 28, 2024, Lot 7387 – $4,800. Frosty with mother of pearl tint.
• PCGS MS66+ CAC number 35779067: Stack’s Bowers, August 17, 2018, Lot 3666 – $12,000; Heritage Auctions, January 12, 2024, lot 4739 – $8,700.
• PCGS MS66+ #39257484: Stack’s Bowers, June 19, 2020, Lot 1130 – $2,640; Stack’s Bowers, November 16, 2023, lot 6355 – $3,360. Streaky yellow tint across Liberty’s face. Dark tint scattered on edge below L. Deep edge stain hidden in hair. Dark spot on left forehead.
• PCGS MS66+ CAC No.: 36208279: Heritage Auctions, September 15, 2023, lot 3443 – $5,280.
• PCGS MS66+ CAC No.: 38156716: “The Schwenk Family #1 PCGS / CAC Peace Dollar Set,” Heritage Auctions, October 9, 2022, lot 7188 – $10,200; Stack’s Bowers, March 21, 2023, lot 3178 – $14,400.
• PCGS MS66+ CAC Number: “The Ward T. Miller, Jr. Collection,” Stack’s Bowers, March 2019, lot 1120 – $8,400; “The Jlionel51 #8 Ranked PCGS Peace Dollar Set,” Heritage Auctions, July 20, 2023, lot 3757 – $8,700.
• PCGS MS66+ #35923115: Heritage Auctions, January 26, 2022, lot 27427 – $5,520. VAM-2. California on deposit.
• PCGS MS66+ CAC number 42822260: Stack’s Bowers, November 23, 2021, Lot 3195 – $5,040.
• PCGS MS66+ CAC number 42930898: Stack’s Bowers, November 23, 2021, Lot 3194 – $5,760.
• PCGS MS66+ CAC number 34519278: Legend Rare Coin Auctions, October 28, 2021, Lot 493 – $5,640.
• PCGS MS66+ CAC No.: 41415971: “The JDC Collection,” Heritage Auctions, August 20, 2021, lot 3999 – $6,900. JDC on deposit. Another JDC MS66+ CAC coin was sold by GreatCollections on November 1, 2020.
• PCGS MS66+ CAC No.: 39328379: Heritage Auctions, November 20, 2020, lot 3682 – $4,087.20. Creamy with occasional patches of light rust color. Long diagonal patch across neck. Small patch to right east of LIBERTY. Slight disturbance on chin.
• PCGS MS66+ CAC No.: 38156716: Heritage Auctions, September 18, 2020, lot 3254 – $5,460. Diagonal roundel cavity near the rim below the O of GOD. On the reverse, the rim is struck in the rays above the A of DOLLAR.
• PCGS MS66+ CAC No.: 38972659: GreatCollections, May 3, 2020, lot 768239 – View; Stack’s Bowers, August 7, 2020, lot 2890 – $3,960.
• PCGS MS66+ CAC No.: 39264179: Stack’s Bowers, June 19, 2020, Lot 1129 – $5,280.
• PCGS MS66+ CAC number 21338913: Legend Rare Coin Auctions, January 30, 2020, lot 342 – $6,168.75; Heritage Auctions, September 18, 2020, lot 3253 – $5,160. Rust staining from top of head to rim to right of R of LIBERTY. Cluster of small hooks between rays above E of ONE. Thin scratches on mound below eagle claw. Latte color.
• PCGS MS66+ CAC No.: 38347556: Heritage Auctions, February 21, 2020, lot 3885 – $3,960; GreatCollections, August 7, 2022, lot 1186915 – View. Pale gold throughout with a blue-green tint to Liberty’s face and hair.
• PCGS MS66+ CAC No.: 37728060: As PCGS MS66+ CAC #35373861. Heritage Auctions, June 14, 2018, lot 4078 – $10,200. As PCGS MS66+ CAC #37728060. Heritage Auctions, January 10, 2020, lot 4937 – $6,660. Illinois set on insert. Brilliant. Light edge hit in left obverse field above IN GOD. Two small marks below IN GOD that touch at almost right angles. Edge hit immediately right of 6. Cluster of hidden marks on the eagle.
• PCGS MS66+ CAC No.: 36068227: Legend Rare Coin Auctions, December 12, 2019, lot 520 – $6,756.25; GreatCollections, February 9, 2020, lot 795680 – View. Brilliant.
• PCGS MS66+ CAC number 21647884: Stack’s Bowers, August 15, 2019, Lot 3198 – $7,200.
• PCGS MS66+ CAC number 37460571: Heritage Auctions, June 6, 2019, lot 3181 – $7,200. Diagonal mark over IN. Curved stamp scratch over bust cut. Reflective area over UNI. Pale gold tint.
• PCGS MS66+ #81872986: Stack’s Bowers, April 30, 2019, lot 91280 – $4,800.
• PCGS MS66+ CAC number 36211527: Stack’s Bowers, March 1, 2019, lot 7478 – $8,400.
• PCGS MS66+ CAC No.: 36208279: Stack’s Bowers, February 28, 2019, Lot 1121 – $6,600. Diagonal tint banding from edge to lower left field on obverse. Pink tint along lower obverse periphery.
• PCGS MS66+ CAC No.: 35823943: Heritage Auctions, November 8, 2018, lot 3189 – $10,800.
• PCGS MS66+ CAC number 81349160: Legend Rare Coin Auctions, 8–17. August 2016, Lot 91 – $13,000; “The Monterey Bay Collection,” Heritage Auctions, January 22, 2021, lot 4378 – $5,040; Heritage Auctions, June 18, 2021, lot 3604 – $5,640. Monterey Bay on the insert. Slate and gold patina throughout.
• PCGS MS66+ No. 81630295: Heritage Auctions, October 3, 2016, lot 3251 – $4,230. Crescent-shaped pale blue tint below the breast cut. Long diagonal stripe above IN in the left obverse field. Blank error between 1 and 9 of the date.
• PCGS MS66+ CAC No.: 25327287: Heritage Auctions, April 24, 2014, lot 5106 – $10,575. Brilliant. VAM-3A.
• PCGS MS66+ CAC number 25394421: Heritage Auctions, October 19, 2012, lot 5115 – $7,050. When offered, insert two, probably the second coin minted.
• PCGS MS66+ CAC No.: 25518528: Heritage Auctions, June 1, 2012, lot 4487 – $5,750. Top pop, pop one if offered.

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Coin specifications

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