About The Peace Silver Dollar
The U.S. Peace Silver Dollar is valuable to both collectors and investors for its precious metal composition and place in American history. These coins were circulated in the United States off and on from 1921 to 1935. Though the Peace Dollar is often overshadowed by its predecessor, the Morgan Dollar, it is still considered a beautiful piece of American minting history and is also made from 90% silver.
The Peace Silver Dollar is a United States dollar coin minted from 1921 to 1928, and again in 1934 and 1935. The coin is often thought of as representing world peace. Because both of its mintage periods preceded the 1965 cessation of silver currency, the Peace Silver Dollar would be the last genuine "silver" dollar to ever be produced. The Peace Dollar remains a popular favorite among collectors since it is one of the few existing pieces of silver currency left.
Design of the Peace Silver Dollar
The artwork for the Peace Silver Dollar was the result of a contest, in which participants were asked to create the new dollar coin design. The winning entry came from the youngest artist to enter the contest, 34 year old Anthony di Francisci. His design showcased a unique rendition of Lady Liberty that was based on the Statue of Liberty. Francisci's Liberty is depicted on the front of the coin wearing a "radiate" or multiple pointed crown with several loose strands of hair gently blowing in the wind. Beneath her appear the words "In God We Trust." Also inscribed in a circular border along the coin's edge are her name and the coin's mintage year.
The reverse side of the Peace Silver Dollar displays another beloved American icon, the bald eagle. The eagle perches nobly upon a mountain top with an olive branch clasped in its talons. Emanating behind our national bird are rays of sunlight, whose pointed shape is reminiscent of Lady Liberty's crown. Appearing above the eagle as an arched heading are our nation's name and the words "E Pluribus Unum."
Why Invest in Peace Dollars?
These are troubled times and silver has historically been the ultimate hedge against economic volatility and crisis. IRA accounts are traditionally dependent upon a select group of stocks, bond and/or mutual funds which are inextricably linked to the economy. And when the economy suffers, the value of many IRA accounts begins to plunge. Precious Metal, including gold and silver, on the other hand has outperformed the Dow by over 300% over the past decade which begs the question ... why wouldn't you protect a portion of your retirement and secure your accumulated savings by adding Peace Dollar silver coins?
For centuries, investors and collectors have owned physical metal, including the Peace Silver Dollar coin, for a variety of reasons. Silver is:
- Considered a potential hedge against inflation and an eroding dollar
- Internationally recognized as a monetary and financial asset
- Able to be passed on to future generations of children and grandchildren
- Setting records - some experts believe gold may see new highs in the future