In the strictest sense 'Uncirculated" is without any wear, it is this coin that is highly valued.Detecting any wear to a coin starts by examining its mint luster, a delicate element imparted to the surface during the striking process.
With the "S" mintmark on the reverse this Peace dollar is recognized by collectors as a scare combination of condition, date and mintmark.
Fine: Moderate wear leaving areas with a flattened appearance is typical of a 1924 Peace dollar in "fine" condition.
Obvious wear has leveled the once rounded cheek and neckline of Miss Liberty.
Diminishing quickly with use the high areas of the design should still display luster to confirm the uncirculated grade.
Inspect closely the tops of hair curls and along Liberty's neck, a dull grey shade indicates wear.