The Peace Dollar was first introduced in 1921 to celebrate the end of World War I, symbolizing peace and freedom. The coin features a portrait of Lady Liberty on the obverse, designed by artist Anthony de Francisci, and a majestic eagle perched on a rock on the reverse. These coins were struck from 1921 through 1935, with the 1922 release being one of the most widely circulated years. Approximately 51,737,000 Peace Dollars were minted in 1922 at the Philadelphia Mint.
Identifying the “Moustache” Variety
The “Moustache” variety of the 1922 Peace Dollar is officially cataloged as VAM-12A, a variety within the Peace Dollar series that is specifically characterized by a die break or die crack forming a raised line across Lady Liberty’s upper lip, which some collectors interpret as a “moustache.” This die break is one of the most distinct and easily identifiable features of the variety. Over time, as the die aged and became worn, the break became more pronounced, and some versions of this coin show a more noticeable moustache-like feature than others.
Rarity and Market Value
While the 1922 Peace Dollar with the “Moustache” variety is a relatively rare find, it is not the most difficult variety to locate among Peace Dollar collectors. However, the coins with this die break are certainly more uncommon than standard 1922 Peace Dollars without the “Moustache” feature. The value of these coins can vary significantly depending on the grade and condition.
Collectibility and Popularity
The 1922 Peace Dollar with the “Moustache” variety is highly sought after by collectors due to its distinctive and amusing feature. The die break that causes the raised line on Liberty’s lip adds an element of personality to the coin, which is part of the reason it has become such a popular variety. Collectors often seek these coins not only for their rarity but also for their unique charm, as the “moustache” is a standout feature that sets it apart from other coins in the Peace Dollar series.
Conclusion
The 1922 Peace Dollar with the “Moustache” variety is a prime example of how small details in the minting process can create fascinating and collectible coins. Its die break, which gives Lady Liberty a unique moustache, makes it one of the most recognizable and cherished varieties in the Peace Dollar series. While not the rarest of the Peace Dollar varieties, its unusual and playful feature makes it a standout coin in the eyes of collectors. Whether you’re a seasoned numismatist or a beginner looking to dive into the world of U.S. coins, the 1922 Peace Dollar with the “Moustache” variety is an exciting addition to any collection.
FAQs
What is the “Moustache” variety of the 1922 Peace Dollar?
The “Moustache” variety of the 1922 Peace Dollar is characterized by a die break that forms a raised line across Lady Liberty’s upper lip, giving the appearance of a moustache. It is cataloged as VAM-12A.
Why is the 1922 Peace Dollar with the “Moustache” variety so sought after?
This variety is popular among collectors because of its unique and quirky feature, a die break on Liberty’s upper lip, and its relative rarity compared to other 1922 Peace Dollars. It’s a standout piece in any collection.
What is the value of a 1922 Peace Dollar with the “Moustache” variety?
The value depends on the coin’s grade. In circulated grades, it can range from $100 to $450, while higher-grade coins (MS63 or MS64) can fetch prices upwards of $1,000 at auction.