United States Mint -
Peace Silver Dollars 1921-1935
The
beautiful Peace silver dollar has been a highly popular collector
coin for decades.
It serves as a treasured memento of our nation's
political and economic history and remains one of the most
heavily traded and most universally desired series in United States
Coinage.
A Coin Design That Celebrates
Peace
After World War I, there
was considerable
public sentiment favoring the creation of a silver dollar
commemorating the end of "the last great war." Through the
efforts of the American Numismatic Association and with
Congressional approval, nine artists were asked to create a design
for a new silver dollar. In early 1921, a design by Anthony De Francisci was chosen depicting a modern Art Deco Liberty Head with a
crown of rays on the obverse and a bold majestic eagle at rest
on a high mountain top, clutching the laurel wreath of Peach in his
talons, on the reverse.
A Coin With A Fascinating History
Initially this design was sculpted in high
relief, but was minted in this style for only one year. This
style relief caused difficulty in stacking at the Federal
Reserve Banks and also shortened the life of the very expensive
minting dies. The Peace Dollar is only the second coin in
United States history to be struck in high relief. In
1922, George T. Morgan, then Chief Engraver of the United States
Mint, made some significant changes without the knowledge of
its designer. Morgan lowered the relief and flattened the
concave fields thereby increasing the life of the dies and insuring
easier mass production and storage.
Minted For Only Ten Short Years
The Peace dollar was minted intermittently
from 1921 to 1928 and again in 1934 and 1935 at the three United
States Mints—Philadelphia, Denver and San Francisco. Recently
collectors have rediscovered the Peace Dollar and they have
regained the popularity they deserve. Certain dates in true
mint condition have become extremely rare.
Due to wholesale melting of silver
dollars during World War II and the closing of U.S. Treasury
doors to silver coin minting in 1964, Peace Dollars have become
increasingly scarce. We recommend you acquire only Brilliant
Uncirculated Peace Dollars possessing full strike and superior
lustre.
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