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 Nice Original Extra Fine
1921 Peace Dollar Nice Original Extra Fine
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1921 1 Peace Silver Dollar AU+ nice high grade rare key date old type coin 90
1921 1 Peace Silver Dollar AU+ nice high grade rare key date old type coin 90
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1921 Peace Dollar Hobo Nickel Style Skull Zombie Fantasy Novelty Coin
1921 Peace Dollar Hobo Nickel Style Skull Zombie Fantasy Novelty Coin
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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 1926 PEACE SILVER DOLLAR VERY GOOD EXTRA FINE 90 COIN
1922 1926 PEACE SILVER DOLLAR VERY GOOD EXTRA FINE 90 COIN
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1922 US Peace Silver Dollar 1 NGC Brilliant Uncirculated
1922 US Peace Silver Dollar 1 NGC Brilliant Uncirculated
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1921 Peace Dollar Nice Original Extra Fine
1921 Peace Dollar Nice Original Extra Fine
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1922 1935 Random Date Peace Silver Dollar 1 Coin Cull 90 Silver SKU32871
1922 1935 Random Date Peace Silver Dollar 1 Coin Cull 90 Silver SKU32871
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1923 NGC MS63 Binion Silver Peace Dollar
1923 NGC MS63 Binion Silver Peace Dollar
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PEACE SILVER DOLLARS
PEACE SILVER DOLLARS
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1922 1926 PEACE SILVER DOLLAR BRILLIANT UNCIRCULATED 90 COIN AMAZING
1922 1926 PEACE SILVER DOLLAR BRILLIANT UNCIRCULATED 90 COIN AMAZING
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1921 1 Peace Silver Dollar AU+ nice high grade rare key date old type coin 90
1921 1 Peace Silver Dollar AU+ nice high grade rare key date old type coin 90
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1 1922 1935 Peace Dollar Gem Uncirculated Gem BU 90 Silver Coin
1 1922 1935 Peace Dollar Gem Uncirculated Gem BU 90 Silver Coin
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1921 PEACE SILVER DOLLAR KEY DATE RARE
1921 PEACE SILVER DOLLAR KEY DATE RARE
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1927 S Silver Peace Dollar Free Shipping USA
1927 S Silver Peace Dollar Free Shipping USA
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1921 Peace Dollar Hobo Nickel Style Skull Zombie Fantasy Novelty Coin
1921 Peace Dollar Hobo Nickel Style Skull Zombie Fantasy Novelty Coin
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Uncirculated AU Peace Silver Dollars US Coin lot  Choose How Many
Uncirculated AU Peace Silver Dollars US Coin lot Choose How Many
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Stunning 1924 US Silver Dollar Peace Dollar 90 pure silver FREE SHIPPING
Stunning 1924 US Silver Dollar Peace Dollar 90 pure silver FREE SHIPPING
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1923 Silver Peace Dollar BU
1923 Silver Peace Dollar BU
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1921 p peace dollar vam 3
1921 p peace dollar vam 3
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Well Circulated 1923 S Silver Peace Dollar With F VF Details
Well Circulated 1923 S Silver Peace Dollar With F VF Details
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1925 Peace Dollar Mirrors and Cartwheels
1925 Peace Dollar Mirrors and Cartwheels
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1923 1 Peace Dollar 31446
1923 1 Peace Dollar 31446
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Well Circulated 1922 S Silver Peace Dollar With VG F Details
Well Circulated 1922 S Silver Peace Dollar With VG F Details
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