Due to a Congressional quota, Peace dollar production drastically fell in the mid-1920s. This 1926-S San Francisco issue had a mintage only about 40% of the first S-mintmark production of the series in 1922. Perhaps as few as 75,000 AU+ 1926-S Peace dollars survive today (an encyclopedia of silver dollars estimates that as few as 52,000 BU+ specimens are extant).
“About Uncirculated” is a grade just a trace away from
mint-state quality. AU silver dollars boast original mint luster, like Brilliant Uncirculated quality. The main difference between AU and average BU is a bit of wear at the highest points of a coin’s engravings. Weight 26.73; Composition .900 silver; Diameter 38.1mm
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