The 1922 Peace Dollar is one of the most popular and widely collected U.S. silver dollars, known for its symbolism of peace following World War I and its beautiful design. The coin was minted in large quantities, but certain varieties and specific die errors—known as VAMs (Van Allen-Mallis varieties)—have become highly sought after by specialized collectors.
The 1922 Peace Dollar XF (Extra Fine) VAM 420 is a distinct variety recognized for unique die characteristics identifiable under magnification. “VAM 420” refers to a particular die pairing or die clash on the Peace Dollar, which results in extra raised metal or anomalies on the coin’s surface, often referred to in collector slang as “extra crusty.” This extra crust can sometimes appear as a raised line, blob, or rough patch, notably on or around the eye area of Liberty’s portrait, giving the coin a distinctive texture and look.
Graded XF means the coin shows moderate wear with most details intact and clear, but without the sharpness of higher grades. Despite circulation wear, the VAM 420 variety adds numismatic interest and value to the piece because of its rarity and the story behind the die variation.
Collectors prize these “extra crusty” VAM examples as unusual conversation pieces and as part of specialized Peace Dollar collections that focus on die varieties instead of simply date and mintmark. It makes the coin stand out visually and historically from typical 1922 Peace Dollars.
In summary, a 1922 Peace Dollar XF VAM 420 with “extra crusty on the eye” is a noteworthy collectible representing both a popular U.S. silver dollar and a remarkable die variety prized for its unique raised metal anomalies. It’s an excellent piece for enthusiasts interested in the quirks and specialties of Peace Dollar die varieties. *This was SIGMA SILVER TESTED. REAL AS A PACK OF SMOKES.