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: 35m
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 Peace Silver Dollar Coin  h157
1922 Peace Silver Dollar Coin h157
$15.50 (6 Bids)
Time Remaining: 32m
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: 51m
1922 S Peace Silver Dollar Coin  h158
1922 S Peace Silver Dollar Coin h158
$15.50 (5 Bids)
Time Remaining: 37m
1934 D Peace Dollar Choice BU
1934 D Peace Dollar Choice BU
$59.00 (1 Bid)
Time Remaining: 1h 39m
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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