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Peace Silver Dollar ($1)

Front - peace silver dollar Back - peace silver dollar

Description

In 1921, both Peace Dollars and Morgan Dollars were produced. Very few Proofs were made making them quite valuable as compared to Proofs of other Silver Dollars. It is believed this dollar was referred to as the Peace Dollar to commemorate a time of World Peace. Even the eagle on the reverse appears at peace as it sits perched on a rock with a laurel branch and with PEACE inscribed below. UNITED STATES OF AMERICA and E PLURIBUS UNUM are above, while ONE DOLLAR is to be seen just below the center. Rays of an unseen sun emanate from the lower right.

On the obverse Miss Liberty is facing left, wearing a diadem of spikes. LIBERTY is above, while IN GOD WE TRUST and the date are below. Issues of 1921, and a few pieces dated 1922, are in high relief, although collectors have not necessarily differentiated this as a distinct design. It was found that the high relief caused problems in having the pieces strike up properly, so in 1922 the motifs were redone to a shallower format, a style continued through 1935. Mintage of Peace silver dollars was continuous from 1921 through 1928 and again in 1934 and 1935.

Valuation

Specimens of the common issues from 1921 through 1925 are readily obtainable in various grades from Very Fine through Uncirculated. Sharply struck Uncirculated pieces with full lustre and with a minimum of marks are quite scarce.
COIN NAME
Peace Silver Dollar ($1)
DESIGNED BY
Ardhony DeFrincisci
ISSUE DATE
1921-1935
COMPOSITION
0.900 part silver, 0.100 Part copper
DIAMETER
38.1 mm
WEIGHT
412.5 grains
EDGE
Reeded
BUS MINT
190,577,279
PROOF MINT
Fewer than 50 in 1921-1922

The statements made on this website are opinions only. Past results are no guarantee of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. Lear Capital, Inc. cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. Lear is a retail seller of precious metals and its buyback (or bid) prices are lower than its sell (or ask) prices. Metals must appreciate enough to account for this difference in order for customer to make a profit when liquidating the metals. Lear does not provide financial advice or retirement planning services. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer’s decision alone, and purchases and sales should be made subject to the customer’s own research, prudence and judgment.