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1934 S$1 MS66 PCGS. Coinage of Silver Dollars was halt 1934[S$1] MS66 PCGS.

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1934 S$1 MS66 PCGS. Coinage of Silver Dollars was halt 1934[S$1] MS66 PCGS.
<B>1934<S$1> MS66 PCGS.</B></I> Coinage of Silver Dollars was halted in 1928 after the bullion purchased from Western silver mine owners was exhausted. The Silver Dollars of 1934-1935 were coined from silver acquired under various authorizations, including the Act of May 12, 1933 empowering the government to accept silver on war debt accounts for conversion into Dollars. President Roosevelt's proclamation of December 21, 1933 mandated that the mints coin Silver Dollars from newly-purchased Western mine bullion, and the Silver Purchase Act of June 18, 1934 ordering the Treasury to buy silver worldwide until its market price reached $1.2929 per ounce, or until the monetary value of the Treasury's silver holdings reached 1/3 of the value of its gold stock. The 1934 has a mintage under 1 million pieces, one of four such issues of the type. The premium Gem offered here has lustrous surfaces with pastel chestnut, powder-blue, and pearl-gray patination. The design elements are sharply struck, and a solitary small tick on the eagle's tail is not bothersome. PCGS and NGC have each certified a mere three pieces finer (11/05).