1922-P VAM-1O

Description

Extensive die rust corrosion covering the reverse fields from around the word ONE upward through UNITED characterizes this 1922-P Peace Dollar variety, discovered by Michael Ash in April 2007. Cataloged as VAM-1O with classification II1, reverse die B1a, interest level I-2, and R-5 rarity (estimated 1-30 known), the variety documents severe moisture damage to the reverse die that produced raised dots and splotches across a broad swath of the coin's surface. Die rust occurs when an unused or improperly stored die is exposed to moisture, causing the iron in the die steel to oxidize and pit. When the rusted die is subsequently used for striking, the pitted surface transfers as raised bumps and irregular texture on the struck coins — an organic, almost geological pattern that distinguishes rusted die varieties from mechanical defects. The coverage from ONE through UNITED indicates the rust affected a substantial vertical band of the reverse, likely corresponding to an area of the die that was exposed to condensation or direct moisture contact. The 1922 Philadelphia Peace Dollar had the series' largest mintage at over 51 million, yet this severely rusted die marriage survives in very small numbers. Struck in 90% silver at 38.1mm with de Francisci's designs featuring "TRVST." Look for the raised dots and splotchy texture from ONE upward through UNITED.

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