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Peace Silver Dollars: An Overview Of The Series

Peace silver dollars are one of the most popular, desirable, and highly collected series of US Coins, but it is a coin that needed a variety of factors to converge to allow it to be minted.

From 1905 until 1921, the US Mint did not mint any silver dollars. Production of the Morgan silver dollar had been suspended in 1904. Demand for silver dollars was low, and no further production was required.

The combination of a piece of legislation called the Pittman Act and the desire to commemorate world peace with a coin after WWI ended set the stage for Peace Silver Dollars to be minted starting in 1921.

The Pittman act was designed as a way for Congress to provide a subsidy to the mining industry. It called for 3500,000,000 existing Morgan dollars to be melted for bullion, and for Congress to purchase a like amount of silver from the silver mines at $1 an ounce to use to produce NEW silver dollars. Since a silver dollar contains .77 ounces of silver, the remaining 23 cents on each purchase was the mining subsidy.

In 1921 Morgan Dollar production resumed at all 3 mints, with a total of 86 million coins produced.

1921 Peace Dollar High Relief Popular Choice BU++ Key Date  Free Shipping
1921 Peace Dollar High Relief Popular Choice BU++ Key Date Free Shipping
$195.00 (33 Bids)
Time Remaining: 43m
1921p Peace Silver Dollar  SHARP DETAILSTONEDFLAWLESS RIM
1921p Peace Silver Dollar SHARP DETAILSTONEDFLAWLESS RIM
$68.00 (12 Bids)
Time Remaining: 9h 58m
1921 Peace Dollar Vam 1F Elite 30 Avidly Pursued Key Date MS Type Gem
1921 Peace Dollar Vam 1F Elite 30 Avidly Pursued Key Date MS Type Gem
$215.00
Time Remaining: 26d 21h 28m
Buy It Now for only: $215.00

At the same time, noted medal designer Anthony DeFrancisci was working on the design for the coin to commemorate world peace. This is the design that would be used to produce Peace Silver Dollars.

It differed from the Morgan design in several ways. First, it had Liberty facing left on the obverse. Until then all depictions of Liberty on US coins had her facing right. She also has a crown of rays that had never been used before. This is one of the things that makes Peace Silver Dollars unique and desirable.

On the reverse the Eagle is standing on a mound with wings folded. This is another notable difference. Until then the eagle on all US coins was depicted with wings outstretched or flying. The mound contained the word PEACE, & has rays extending out from it, giving the Peace Silver Dollars their name.

The third major difference was the relief of the coin. Being a medal designer, DeFrancisci designed the Peace  Silver Dollars with the high relief of a medal. This had never been tried with a US coin before and makes the design unique.

Production of Peace Silver Dollars began with the 1921 Peace Silver Dollars was halted after 1928, due to the requirements of the Pittman Act being met.  Peace Silver Dollars made a brief reappearance in 1934 and 1935, and then production was ceased. Plans were made to renew the series in 1964, but  the 1964 Peace Silver Dollars that were minted were melted and never released to the public. This makes Peace Silver Dollars the last TRUE silver dollars to be minted in the US.  Production strikes of Eisenhower, Susan B. Anthony, Sacagawea, and Presidential dollars are all clad coins with no silver content.

1922 Peace Silver Dollar BU
1922 Peace Silver Dollar BU
$20.50 (6 Bids)
Time Remaining: 34m
1934 D PEACE SILVER DOLLAR SUPER AAA ++ PQ MS BU SOLID ALMOST PERFECT COIN
1934 D PEACE SILVER DOLLAR SUPER AAA ++ PQ MS BU SOLID ALMOST PERFECT COIN
$169.00
Time Remaining: 36m
Buy It Now for only: $1,750.00
1925 P BU GEM PEACE SILVER DOLLAR COIN 4148 UNC MS+++ US MINTRARE
1925 P BU GEM PEACE SILVER DOLLAR COIN 4148 UNC MS+++ US MINTRARE
$28.76 (8 Bids)
Time Remaining: 37m
1921 Peace Dollar High Relief Popular Choice BU++ Key Date  Free Shipping
1921 Peace Dollar High Relief Popular Choice BU++ Key Date Free Shipping
$195.00 (33 Bids)
Time Remaining: 43m
1923 P BU GEM PEACE SILVER DOLLAR COIN 3185 UNC MS+++ US MINTRARE
1923 P BU GEM PEACE SILVER DOLLAR COIN 3185 UNC MS+++ US MINTRARE
$30.00 (22 Bids)
Time Remaining: 46m
1922 S Peace Silver Dollar Coin  h158
1922 S Peace Silver Dollar Coin h158
$15.50 (5 Bids)
Time Remaining: 37m
1927 D PEACE SILVER DOLLAR COIN 4223  HI GRADEGENUINE US MINTRARE KEY DATE
1927 D PEACE SILVER DOLLAR COIN 4223 HI GRADEGENUINE US MINTRARE KEY DATE
$30.00 (13 Bids)
Time Remaining: 52m
1934 D Peace Dollar Choice BU
1934 D Peace Dollar Choice BU
$59.00 (1 Bid)
Time Remaining: 1h 40m
1922 Peace Silver Dollar Coin  h157
1922 Peace Silver Dollar Coin h157
$15.50 (6 Bids)
Time Remaining: 32m
1922 P BU GEM PEACE SILVER DOLLAR COIN 3998 UNC MS+++ US MINTRARE
1922 P BU GEM PEACE SILVER DOLLAR COIN 3998 UNC MS+++ US MINTRARE
$28.77 (6 Bids)
Time Remaining: 42m
1928 P Peace Dollar PCGS MS64 Great Luster Blast White
1928 P Peace Dollar PCGS MS64 Great Luster Blast White
$1,049.00
Time Remaining: 6d 23h 40m
Buy It Now for only: $1,049.00
1926 S Peace Dollar Silver 1 Redfield Paramount
1926 S Peace Dollar Silver 1 Redfield Paramount
$285.00
Time Remaining: 29d 12h 32m
Buy It Now for only: $285.00
1926 S Peace Silver Dollar Coin  h160
1926 S Peace Silver Dollar Coin h160
$14.89 (7 Bids)
Time Remaining: 50m
1935 P PEACE SILVER DOLLAR COIN 4217  HI GRADEGENUINE US MINTRARE KEY DATE
1935 P PEACE SILVER DOLLAR COIN 4217 HI GRADEGENUINE US MINTRARE KEY DATE
$27.77 (7 Bids)
Time Remaining: 1h 20m
1922 S Silver Peace Dollar
1922 S Silver Peace Dollar
$16.06 (4 Bids)
Time Remaining: 57m
1927 D  Peace Dollar  GEM UNC  VERY SCARCE DATE
1927 D Peace Dollar GEM UNC VERY SCARCE DATE
$175.00
Time Remaining: 9d 23h 35m
Buy It Now for only: $175.00
1923 S Peace Dollar XF 90 Silver PD373
1923 S Peace Dollar XF 90 Silver PD373
$17.50 (5 Bids)
Time Remaining: 35m
1924 P Peace Dollar NGC MS65 White with Superb Luster PQ 20G
1924 P Peace Dollar NGC MS65 White with Superb Luster PQ 20G
$148.50
Time Remaining: 29d 19h 4m
Buy It Now for only: $148.50
1921 Peace Dollar Vam 1F Elite 30 Avidly Pursued Key Date MS Type Gem
1921 Peace Dollar Vam 1F Elite 30 Avidly Pursued Key Date MS Type Gem
$215.00
Time Remaining: 26d 21h 28m
Buy It Now for only: $215.00
1923 S Peace Silver Dollar Coin  h159
1923 S Peace Silver Dollar Coin h159
$12.51 (2 Bids)
Time Remaining: 44m

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Collecting The 1924 Silver Dollar| 1924 Peace Dollar

The 1924 Peace Dollar

1924 Silver Peace Dollar Looks like Almost Uncirculated or Better My 2943
1924 Silver Peace Dollar Looks like Almost Uncirculated or Better My 2943
$0.99
Time Remaining: 5d 18h 3m
1924 Silver Peace Dollar Looks like Almost Uncirculated or Better My 2960
1924 Silver Peace Dollar Looks like Almost Uncirculated or Better My 2960
$0.99
Time Remaining: 5d 18h 19m
1924 Silver Peace Dollar Looks like Almost Uncirculated or Better My 2961
1924 Silver Peace Dollar Looks like Almost Uncirculated or Better My 2961
$0.99
Time Remaining: 5d 18h 25m
1924 Silver Peace Dollar Looks like Almost Uncirculated or Better My 2962
1924 Silver Peace Dollar Looks like Almost Uncirculated or Better My 2962
$0.99
Time Remaining: 5d 21h 49m
1924 Silver Peace Dollar Looks like Almost Uncirculated or Better My 2350
1924 Silver Peace Dollar Looks like Almost Uncirculated or Better My 2350
$0.99
Time Remaining: 5d 22h 29m
Uncirculated 1924 Philadelphia Mint Silver Peace Dollar Free S H
Uncirculated 1924 Philadelphia Mint Silver Peace Dollar Free S H
$0.99 (1 Bid)
Time Remaining: 5d 22h 29m
1924 SILVER PEACE DOLLAR PHILADELPHIA MINT CIRCULATED 90 SILVER COIN
1924 SILVER PEACE DOLLAR PHILADELPHIA MINT CIRCULATED 90 SILVER COIN
$1.04 (2 Bids)
Time Remaining: 5d 21h 59m
One 1 1923 and one 1 1924 Peace Silver Dollar lot nicks ship FREE OF CHARGE
One 1 1923 and one 1 1924 Peace Silver Dollar lot nicks ship FREE OF CHARGE
$1.25 (2 Bids)
Time Remaining: 5d 17h 33m
Uncirculated 1924 Philadelphia Mint Silver Peace Dollar Free S H
Uncirculated 1924 Philadelphia Mint Silver Peace Dollar Free S H
$1.25 (2 Bids)
Time Remaining: 5d 23h 46m
1924 Peace Dollar Uncirculated Real Beauty
1924 Peace Dollar Uncirculated Real Beauty
$2.25 (2 Bids)
Time Remaining: 2d 23h 26m
1924 Philadelphia Mint Silver Peace Dollar Free Shipping
1924 Philadelphia Mint Silver Peace Dollar Free Shipping
$2.25 (2 Bids)
Time Remaining: 4d 23h 22m
1924 P BU GEM PEACE SILVER DOLLAR COIN 4490 UNC MS+++ US MINTRARE
1924 P BU GEM PEACE SILVER DOLLAR COIN 4490 UNC MS+++ US MINTRARE
$2.25 (2 Bids)
Time Remaining: 5d 51m
1924 P BU GEM PEACE SILVER DOLLAR COIN 4473 UNC MS+++ US MINTRARE
1924 P BU GEM PEACE SILVER DOLLAR COIN 4473 UNC MS+++ US MINTRARE
$2.25 (2 Bids)
Time Remaining: 6d 1h 8m
1924 P Peace Silver Dollar AU
1924 P Peace Silver Dollar AU
$1.04 (2 Bids)
Time Remaining: 5d 20h 33m
1924 p Peace Dollar check out the pics on this beauty WOW NO RESREVE
1924 p Peace Dollar check out the pics on this beauty WOW NO RESREVE
$0.01 (1 Bid)
Time Remaining: 2d 18h 5m
1924 Peace Dollar P Super Sharp coin NO RESERVE
1924 Peace Dollar P Super Sharp coin NO RESERVE
$0.01
Time Remaining: 5d 17h 25m
1924 US Peace Silver Dollar 90 Pure Silver 096
1924 US Peace Silver Dollar 90 Pure Silver 096
$0.01 (1 Bid)
Time Remaining: 2d 21h 16m
1924 US Peace Silver Dollar 90 Pure Silver 099
1924 US Peace Silver Dollar 90 Pure Silver 099
$0.01 (1 Bid)
Time Remaining: 5d 20h 45m
1924 US Peace Silver Dollar 90 Pure Silver 100
1924 US Peace Silver Dollar 90 Pure Silver 100
$0.01
Time Remaining: 6d 21h 57m
1924 US Peace Silver Dollar 90 Pure Silver 095
1924 US Peace Silver Dollar 90 Pure Silver 095
$0.06 (2 Bids)
Time Remaining: 1d 20h 20m

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Collecting The 1922 Peace Silver Dollar| 1922 Silver Dollar:Highest Mintage Of The Series

After the 1921 year, the high relief design of the Peace Dollar was discontinued & the coin enjoyed its highest combined mintage, with a combined mintage of 84,275,000 coins.  Of these coins, 15,063,000 have the D mint mark & 17,475,000 have the S mint mark.  The previous year there were no coins minted at the branch mints. The mint marks are located on the reverse under the Eagle's tail feathers.

1922 Peace Dollar Two Face Coin Hobo Nickel NR No Reserve Lot 1109
1922 Peace Dollar Two Face Coin Hobo Nickel NR No Reserve Lot 1109
$0.01 (1 Bid)
Time Remaining: 4d 8h 13m
1922 USA Peace Dollar Two Face Coin Toned  NR No Reserve Lot 483
1922 USA Peace Dollar Two Face Coin Toned NR No Reserve Lot 483
$0.06 (2 Bids)
Time Remaining: 4d 8h 12m
1922 USA Peace Dollar Two Face Coin NR No Reserve Lot 2681
1922 USA Peace Dollar Two Face Coin NR No Reserve Lot 2681
$0.11 (2 Bids)
Time Remaining: 4d 6h 30m
UNC 1922 P PEACE DOLLAR NICE COIN
UNC 1922 P PEACE DOLLAR NICE COIN
$0.99 (1 Bid)
Time Remaining: 4d 16h 33m
1922 Peace Silver Dollar MS 63+ Plus NGG
1922 Peace Silver Dollar MS 63+ Plus NGG
$0.99
Time Remaining: 4d 18h 8m
1922 P PEACE SILVER DOLLAR 1 United States
1922 P PEACE SILVER DOLLAR 1 United States
$0.99
Time Remaining: 5d 18h 33m
1922 Philadelphia Mint Silver Peace Dollar Free S H
1922 Philadelphia Mint Silver Peace Dollar Free S H
$0.99 (1 Bid)
Time Remaining: 5d 19h 54m
1922 Philadelphia Mint Silver Peace Dollar Free S H
1922 Philadelphia Mint Silver Peace Dollar Free S H
$0.99 (1 Bid)
Time Remaining: 5d 21h 6m
1922 Philadelphia Mint Silver Peace Dollar Free S H
1922 Philadelphia Mint Silver Peace Dollar Free S H
$0.99 (1 Bid)
Time Remaining: 5d 22h 12m
1922 P PEACE SILVER DOLLAR 1 United States
1922 P PEACE SILVER DOLLAR 1 United States
$0.99 (1 Bid)
Time Remaining: 6d 17h 40m
1922 P PEACE SILVER DOLLAR 1 United States
1922 P PEACE SILVER DOLLAR 1 United States
$0.99 (1 Bid)
Time Remaining: 6d 18h 59m
1922 P Peace Dollar 90 Silver NR FREE SHIP R007
1922 P Peace Dollar 90 Silver NR FREE SHIP R007
$0.99
Time Remaining: 6d 21h 32m
VERY STUNNING 1922 D PEACE DOLLAR HIGH GRADE MS 65 by NGC
VERY STUNNING 1922 D PEACE DOLLAR HIGH GRADE MS 65 by NGC
$0.99 (1 Bid)
Time Remaining: 6d 21h 48m
1922 D Denver Mint Silver Peace Dollar Free Shipping
1922 D Denver Mint Silver Peace Dollar Free Shipping
$0.99
Time Remaining: 6d 22h 39m
Uncirculated 1922 Philadelphia Mint Silver Peace Dollar Free S H
Uncirculated 1922 Philadelphia Mint Silver Peace Dollar Free S H
$0.99
Time Remaining: 6d 23h 11m
1922 Peace Silver Dollar 1 Coin No Reserve
1922 Peace Silver Dollar 1 Coin No Reserve
$0.99
Time Remaining: 6d 23h 35m
1922 Peace Silver Dollar Coin Lot 2117726
1922 Peace Silver Dollar Coin Lot 2117726
$1.00
Time Remaining: 18h 33m
1922 Peace Silver Dollar Coin Lot 2118507
1922 Peace Silver Dollar Coin Lot 2118507
$1.00
Time Remaining: 1d 18h 32m
1922 Peace Silver Dollar Coin Lot 2118528
1922 Peace Silver Dollar Coin Lot 2118528
$1.00
Time Remaining: 1d 18h 33m
1922 Peace Silver Dollar Coin Lot 2120029
1922 Peace Silver Dollar Coin Lot 2120029
$1.00
Time Remaining: 3d 10h 32m

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Collecting The 1921 Peace Silver Dollar| 1921 Silver Dollar Coin

The Peace Silver Dollar is the last TRUE silver dollar to be minted by the United States Mint.  The Eisenhower & Susan B Anthony dollars are clad coins that contain no silver & the American Silver Eagle is a bullion coin not meant for general circulation.

The design was by Anthony DeFrancisci, who made his name as a designer of medals, &  features an obverse depiction of LIBERTY markedly different from those used in the past.  She faces left, rather then right as on the Morgan Dollar & Barber type coins, with a crown of rays on her head.  The Reverse depicts an Eagle at rest on a mound with thew word PEACE on it & rays extending out from the mound.  Mint marks for the Denver & San Francisco mints appear on the reverse under the Eagle's tail feathers.

The mint had re-intoduced the Morgan Dollar at the beginning of 1921, at the time, no Morgan Dollars had been minted since 1904.  The provisions of the Pittman Act called for up to 350,000,000 existing Morgan Dollars to be melted for bullion, & for these coins to be replaced by new coins minted from silver purchased by the Federal Government from US silver mines at a fixed price of $1 an ounce.  After minting nearly 86,000,000 Morgan Dollars at all 3 mints, the 1st 1921 Peace Dollars were minted at the Philadelphia mint.  1921 was the only year that Peace Dollars were not minted at at least 1 other branch mint.

The 1921 Peace Silver Dollars were minted in high relief, reminiscent of the medals Anthony DeFrancisci was known to design.  When it was learned that the high relief made the coins difficult to stack, newer low relief dies were created for subsequent years. 1921 was the only year the coin was minted in high relief.  1,006,473 1921 Peace Dollars were minted & it is one of the key Dates of the Peace Dollar series.

Like its Morgan counterpart, the Peace dollar measure 38.1 mm across &  is 90% silver with each coin containing  .7734 ounces of pure silver.

While all 3 mint marks of 1921 Morgan Silver Dollars are common, the 1921 Peace Dollar is much rarer & much more valuable.  While the value of the average 1921 Morgan Dollar ranges between $12-$18 apiece, the Value of the 1921 Peace Dollar is much higher.  They range between $100-$170 in circulated condition & $270 & up to $1000 or more in MS60 or above.

1921 Peace Dollar High Relief Popular Choice BU++ Key Date  Free Shipping
1921 Peace Dollar High Relief Popular Choice BU++ Key Date Free Shipping
$195.00 (33 Bids)
Time Remaining: 43m
1921p Peace Silver Dollar  SHARP DETAILSTONEDFLAWLESS RIM
1921p Peace Silver Dollar SHARP DETAILSTONEDFLAWLESS RIM
$68.00 (12 Bids)
Time Remaining: 9h 58m
1921 Peace Dollar Vam 1F Elite 30 Avidly Pursued Key Date MS Type Gem
1921 Peace Dollar Vam 1F Elite 30 Avidly Pursued Key Date MS Type Gem
$215.00
Time Remaining: 26d 21h 28m
Buy It Now for only: $215.00
1921 PEACE SILVER DOLLAR SHARP DETAILSTONEDFLAWLESS RIM
1921 PEACE SILVER DOLLAR SHARP DETAILSTONEDFLAWLESS RIM
$84.00 (20 Bids)
Time Remaining: 9h 34m
1921 PEACE DOLLAR VERY FINE DETAILS
1921 PEACE DOLLAR VERY FINE DETAILS
$47.00 (9 Bids)
Time Remaining: 12h 19m
1921 PEACE DOLLAR PCGS GENUINE UNC DETAILS CLEANING
1921 PEACE DOLLAR PCGS GENUINE UNC DETAILS CLEANING
$210.00
Time Remaining: 29d 12h 41m
Buy It Now for only: $210.00
20 Mixed Cull 1921 Morgan  Peace Silver Dollars Free Priority Mail Shipping
20 Mixed Cull 1921 Morgan Peace Silver Dollars Free Priority Mail Shipping
$365.00
Time Remaining: 19d 9h 58m
Buy It Now for only: $365.00
Silver Peace Dollars VG XF Random Year 1921 1935
Silver Peace Dollars VG XF Random Year 1921 1935
$23.02
Time Remaining: 13d 16h 3m
Buy It Now for only: $23.02
1921 1 Peace Dollar HIGH RELIEF Certified PCGS MS62 Secure Gold Label
1921 1 Peace Dollar HIGH RELIEF Certified PCGS MS62 Secure Gold Label
$350.00
Time Remaining: 25d 10h 58m
Buy It Now for only: $350.00
1921 Peace Dollar High Relief NGC MS64 Brilliant Luster
1921 Peace Dollar High Relief NGC MS64 Brilliant Luster
$561.00 (4 Bids)
Time Remaining: 11h 27m
1921 PEACE SILVER DOLLAR HIGH RELIEF PCGS AU 58 NICE STRIKE TOUGH DATE
1921 PEACE SILVER DOLLAR HIGH RELIEF PCGS AU 58 NICE STRIKE TOUGH DATE
$239.95
Time Remaining: 28d 19h 5m
Buy It Now for only: $239.95
1921 1 High Relief Peace Silver Dollar About Uncirculated PCGS AU55
1921 1 High Relief Peace Silver Dollar About Uncirculated PCGS AU55
$185.00
Time Remaining: 25d 17h 20m
Buy It Now for only: $185.00
1921 Peace 1 PCGS XF Details Scratch Scarce First Year Issue
1921 Peace 1 PCGS XF Details Scratch Scarce First Year Issue
$100.00
Time Remaining: 19d 18h 7m
Buy It Now for only: $100.00
1921 1 Peace Dollar XF High Relief
1921 1 Peace Dollar XF High Relief
$139.99
Time Remaining: 7d 18h 26m
Buy It Now for only: $139.99
90 SILVER PEACE DOLLARS MIXED DATE ROLL 20 COINS
90 SILVER PEACE DOLLARS MIXED DATE ROLL 20 COINS
$395.00
Time Remaining: 4d 14h 59m
Buy It Now for only: $395.00
1921 PEACE DOLLAR XF AU
1921 PEACE DOLLAR XF AU
$99.95
Time Remaining: 1d 22h 16m
1921 High Relief Silver Peace Dollar NGC UNC Details Improperly Cleaned
1921 High Relief Silver Peace Dollar NGC UNC Details Improperly Cleaned
$191.00
Time Remaining: 9d 19h 3m
Buy It Now for only: $191.00
1921 Peace Silver Dollar High Relief
1921 Peace Silver Dollar High Relief
$302.07
Time Remaining: 27d 14h 37m
Buy It Now for only: $302.07
1921 1 Peace Dollar AU
1921 1 Peace Dollar AU
$99.99
Time Remaining: 1d 9h 58m
BETTER DATE1921 P KEY DATE PEACE SILVER DOLLAR AU B253
BETTER DATE1921 P KEY DATE PEACE SILVER DOLLAR AU B253
$139.99
Time Remaining: 19h 44m

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