1921-1928 & 1934-1935
The Silver Peace Dollar was originally proposed to be a commemorative coin issued to memorialize with the ending of World War I; however the final decision was made to issue the Silver Peace Dollar as a circulating coin.
The coin, which got its name from having the word “peace” imprinted at the bottom of the coin’s reverse, was designed by Anthony de Francisi.
The replacement to the Morgan Silver Dollar, the Silver Peace Dollar was struck from 1921 until 1928, then after a pause of six years it was minted again in 1934 and 1935.
The Silver Peace Dollar was briefly minted again in 1965 (bearing the date 1964) but no examples were ever released and eventually melted down. Containing 0.77344 troy ounces of silver, the Silver Peace Dollar was the last circulated dollar coin to contain silver that was minted in the U.S.
Francisci’s design features his rendition of Lady Liberty; for which he used his wife as the model; on the obverse side and originally an eagle holding a sword on the reverse side. This design was seen as interpreting defeat rather than peace, and so Morgan changed the design. The sword was replaced with an olive branch; which symbolized peace. In the end the design shows the eagle perched upon a rock.
The most collectable varieties include:
- 1926-S: The “S” mintmark may be higher or lower than normal
- 1934-D: The “D” mintmark may be small or large
- 1935-S: Due to a new reverse die at the min, some examples have an extra ray below the one.
Depending on the condition of your Silver Peace Dollar the value can range anywhere from $10 up to about $2500. Rarities and mint coins can command prices in excess of $20,000, and proofs can be worth up to $50,000 according to the 2006 Red Book.
Peace Dollar Specifications:
Minted: 1878-1904 & 1921
Diameter: 38.1 mm
Weight: 26.73 g
Composition: 90% silver 10% copper
Silver Content: 24.057 g
Edge: Reeded
Designer: Anthony de Francisi
Written by Mike Barton for Coin Collector Guide, Copyright 2008
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Peace Dollar Mintage Numbers
| 1921 ………. 1,006,473 1922 …….. 51,737,000 1922-D ….. 15,063,000 1922-S ….. 17,475,000 1923 ……… 30,800,000 1923-D ……. 6,811,000 1923-S …… 19,020,000 1924 ……… 11,811,000 1924-S ……. 1,728,000 |
1925 ……… 10,198,000 1925-S ……. 1,610,000 1926 ………. 1,939,000 1926-D ……. 2,348,700 1926-S ……. 6,980,000 1927 …………. 848,000 1927-D ……. 1,268,900 1927-S ………. 866,000 |
1928 …………..360,649 1928-S ……. 1,632,000 1934 …………. 954,057 1934-D ……. 1,569,500 1934-S ……. 1,011,000 1935 ………. 1,576,000 1935-S ……. 1,964,000 |