1924-P VAM-1AK

Description

Classified as "Pitted Obverse #2," this 1924-P Peace Dollar VAM-1AK documents extensive die deterioration in the form of raised dots and splotches from a rusted die, visible across the obverse fields, Liberty's face, and neck — virtually everywhere except around the date. The full classification reads II1 - B2a (Pitted Obverse #2) with interest level I-2 and rarity rating R-5, indicating an estimated surviving population between 101 and 300 specimens. The die marker note specifies three diagonal lines at the top right of the digit 1 in the date, providing a quick identification point for cherry-pickers. Die pitting results from surface corrosion of the die steel, typically occurring when a die is stored in a humid environment between production runs without adequate protection. When the corroded die is returned to service, the pitted surface creates raised dots and irregular splotches on every coin it strikes — a form of die deterioration rather than a hub doubling or mechanical error. The 1924-P was the primary mint issue for the year, struck at Philadelphia with a mintage of 11,811,000 Peace Dollars, and de Francisci's design with its high-relief Liberty head portrait was particularly susceptible to showing die surface conditions due to the broad, smooth fields surrounding the portrait. The "#2" designation indicates this is the second pitted obverse variety documented for 1924-P Peace Dollars, suggesting multiple die pairs experienced similar corrosion issues — potentially reflecting storage or environmental conditions at the Philadelphia Mint facility during this period. VAM-1AK provides collectors with a tangible example of how die maintenance (or the lack thereof) directly affected the appearance of the coins produced.

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