Peace Dollar Silver Coin

The Peace Dollar Silver Coin, minted from 1921 to 1935, is a significant piece of American numismatic history. It was created to commemorate the end of World War I and symbolizes the nation's desire for peace. The coin's design, featuring Lady Liberty on the obverse and an eagle at rest on the reverse, encapsulates the themes of peace and freedom.

Why is the Coin Famous?

The Peace Dollar holds a special place in the hearts of collectors and historians alike due to its historical significance and symbolic design. Introduced following the armistice that ended World War I, this coin represents the nation's hope for a lasting peace. Additionally, its relatively brief mintage period and the artistic merit of its design contribute to its popularity and collectibility.

Who Designed the Coin and Why?

The Peace Dollar was designed by Anthony de Francisci, an Italian-American sculptor. His design was selected through a competition aimed at creating a coin that would symbolize peace. The obverse features a stunning portrayal of Lady Liberty with a radiant crown, while the reverse depicts a majestic eagle perched on a rock, clutching an olive branch, signifying peace. De Francisci's wife, Teresa, served as the model for Lady Liberty, adding a personal touch to the design.

Coin Specifications and Symbolism

• Weight: 26.73 grams
• Silver Content: 90% silver (0.7734 troy oz of pure silver)
• Diameter: 38.1 mm
• Thickness: 2.4 mm
• Edge: Reeded

The Peace Dollar was minted at three different mints: Philadelphia (no mint mark), Denver (D), and San Francisco (S). The location of the mint mark can be found on the reverse of the coin, below the word "ONE."

Peace Dollar Coin Value

The value of a Peace Dollar can vary significantly based on its condition, year of mintage, and mint mark. Some years and mint marks are rarer than others and can thus command higher premiums. For example, the 1921 Peace Dollar, the first year of issue, is particularly sought after, especially in higher grades. Similarly, the 1928 Peace Dollar minted in Philadelphia is one of the key dates, as it had a relatively low mintage.

Coins in better condition, such as those graded MS60 or higher, tend to be more valuable. Mint marks can also affect value, with certain mintages from the Denver and San Francisco mints being more desirable to collectors.

The Peace Dollar, with its symbolic imagery and historical context, remains a cherished coin among collectors and investors. Its value is influenced by the silver market, numismatic demand, and specific minting details, making it both a piece of American history and a potential investment.

Peace Dollar Auctions