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 KEY DATE BEAUTIFUL AU UNC
1921 Peace Dollar KEY DATE BEAUTIFUL AU UNC
$59.00 (11 Bids)
Time Remaining: 43m
1921 High Relief Peace Dollar 1 MS 63 NGC Key Date
1921 High Relief Peace Dollar 1 MS 63 NGC Key Date
$425.00 (35 Bids)
Time Remaining: 7h 57m
1921 PEACE SILVER DOLLAR COIN
1921 PEACE SILVER DOLLAR COIN
$58.00 (12 Bids)
Time Remaining: 6h 3m

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.

1921 Peace Dollar KEY DATE BEAUTIFUL AU UNC
1921 Peace Dollar KEY DATE BEAUTIFUL AU UNC
$59.00 (11 Bids)
Time Remaining: 43m
1927 P Peace Dollar RARE KEY DATE LOW RELIEF SILVER DOLLAR  NO RESERVE
1927 P Peace Dollar RARE KEY DATE LOW RELIEF SILVER DOLLAR NO RESERVE
$29.00 (20 Bids)
Time Remaining: 54m
Peace Silver Dollar BU Mixed Roll 20 Coins
Peace Silver Dollar BU Mixed Roll 20 Coins
$387.00 (13 Bids)
Time Remaining: 39m
Circulated 1922 Peace Silver Dollar In Nice Condition
Circulated 1922 Peace Silver Dollar In Nice Condition
$21.00 (3 Bids)
Time Remaining: 32m
1922 Silver Peace Dollar Coingiants
1922 Silver Peace Dollar Coingiants
$17.33 (9 Bids)
Time Remaining: 34m
1923 1 Peace Dollar NGC MS 65 Toned
1923 1 Peace Dollar NGC MS 65 Toned
$99.95
Time Remaining: 39m
Buy It Now for only: $500.00
1928 P Circulated 1 Peace Dollar Rare Date
1928 P Circulated 1 Peace Dollar Rare Date
$185.00
Time Remaining: 43m
Buy It Now for only: $240.50
1922 Peace Silver Dollar 90 Silver Raw 001
1922 Peace Silver Dollar 90 Silver Raw 001
$19.00 (7 Bids)
Time Remaining: 40m
1925 S Peace Dollar AU55 MINT condition brilliant
1925 S Peace Dollar AU55 MINT condition brilliant
$300.00
Time Remaining: 31m
1922 P Peace Dollar Superb Silver Coin  Toned NO RESERVE
1922 P Peace Dollar Superb Silver Coin Toned NO RESERVE
$14.50 (11 Bids)
Time Remaining: 42m
1923 Peace Silver Dollar 90 Silver Raw 001
1923 Peace Silver Dollar 90 Silver Raw 001
$19.55 (10 Bids)
Time Remaining: 56m
1925 PEACE SILVER DOLLAR GRADED MS65 PCGS FREE SHIPPING
1925 PEACE SILVER DOLLAR GRADED MS65 PCGS FREE SHIPPING
$90.00 (1 Bid)
Time Remaining: 1h 31m
1922 D Peace Silver Dollar 90 Silver Raw 001
1922 D Peace Silver Dollar 90 Silver Raw 001
$20.50 (6 Bids)
Time Remaining: 55m
1928 P Silver Peace Dollar THE KEY Ch BU obverse toning hucky
1928 P Silver Peace Dollar THE KEY Ch BU obverse toning hucky
$113.50 (10 Bids)
Time Remaining: 1h 3m
1924 Silver Peace Dollar Coingiants
1924 Silver Peace Dollar Coingiants
$16.34 (9 Bids)
Time Remaining: 58m
1922 US Silver Peace Dollar
1922 US Silver Peace Dollar
$20.50 (5 Bids)
Time Remaining: 1h 38m
SUPERB 1922 S Peace Dollar VERY NICE Silver Coin TONED  No Reserve
SUPERB 1922 S Peace Dollar VERY NICE Silver Coin TONED No Reserve
$16.50 (5 Bids)
Time Remaining: 56m
Key Date 1926 S Peace Dollar US Silver Coin  NO RESERVE  You Grade It
Key Date 1926 S Peace Dollar US Silver Coin NO RESERVE You Grade It
$13.00 (11 Bids)
Time Remaining: 53m
1922 US Peace Silver Dollar 1 PCGS MS64
1922 US Peace Silver Dollar 1 PCGS MS64
$55.75
Time Remaining: 15d 3h 49m
Buy It Now for only: $55.75
1924 Peace Dollar MS65 NGC
1924 Peace Dollar MS65 NGC
$165.00
Time Remaining: 18d 22h 6m
Buy It Now for only: $165.00

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