The Peace Silver Dollar is a U.S. coin that was issued to commemorate the peace following World War I, and was minted from 1921 to 1928, and then again in 1934 and 1935.
The intricate depiction of Liberty and the peaceful eagle makes it a favorite among numismatists. Certain mint years, especially from the early 1920s and later years like 1934 and 1935, have lower mintages and are more highly sought after by collectors.
Obverse (front): Features Lady Liberty, modeled after de Francisci's wife, with a radiant crown, symbolizing liberty.
Reverse (back): Depicts an eagle at rest, holding an olive branch, symbolizing peace.
While they may not offer the same premium potential as uncirculated or rare coins, circulated Peace Dollars are an affordable and reliable way to invest in physical silver.
Circulated Peace Dollars can still be a good store of value because they combine the intrinsic worth of their silver content with numismatic interest, making them attractive to investors who want to accumulate silver at lower premiums.
These coins are easily recognizable, widely traded and are usually less expensive than uncirculated or certified coins. Even in circulated condition, they are highly liquid and accepted by a wide range of dealers.
Each Peace Dollar contains 0.77344 troy ounces of silver, which appeals to investors seeking to diversify their portfolios with precious metals.
Over time, historical coins like the Peace Dollar can appreciate in value, especially as collectors and investors seek out high-quality examples.
Beyond the intrinsic value of the silver, Peace Dollars have additional numismatic value based on their rarity, condition, and demand.
For example, high-grade coins or those with unique mint marks can fetch prices significantly higher than their silver content alone.
Certified Peace Dollars have undergone a formal grading process by third-party organizations to authenticate and evaluate their condition. Certified coins, especially those in higher grades, tend to command higher prices in the market because their condition is guaranteed.
The most notable coin grading organizations are:
These organizations authenticate and assess its condition using the Sheldon Scale, which ranges from 1 (Poor) to 70 (Mint State/Perfect Condition), then sealed in a tamper-proof holder with a label showing its grade, date, and mint mark.
Some investors and collectors prefer Certified Peace Dollars because the grading process ensures the coin is genuine and receives a universally recognized assessment of the coin's condition.
It was reintroduced in limited mintage in 2021 as part of the centennial celebration of the coin.
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