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 P AU Peace Silver Dollar Key Date Cleaned Surfaces
1921 P AU Peace Silver Dollar Key Date Cleaned Surfaces
$79.00 (2 Bids)
Time Remaining: 2h 5m
1921 US Peace Silver Dollar 1 High Relief PCGS MS64
1921 US Peace Silver Dollar 1 High Relief PCGS MS64
$695.00
Time Remaining: 21d 5h 39m
Buy It Now for only: $695.00
COMPLETE PEACE DOLLAR COLLECTION 1921 1935 S
COMPLETE PEACE DOLLAR COLLECTION 1921 1935 S
$520.00 (26 Bids)
Time Remaining: 6h 42m

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.

1935 PEACE DOLLAR
1935 PEACE DOLLAR
$28.05 (6 Bids)
Time Remaining: 45m
1923 D Peace Dollar PCGS MS63 Blast White More at Store
1923 D Peace Dollar PCGS MS63 Blast White More at Store
$150.00
Time Remaining: 9d 6h 26m
Buy It Now for only: $150.00
1923 D Peace SILVER dollar
1923 D Peace SILVER dollar
$15.99
Time Remaining: 2h 34m
1934 S PEACE DOLLAR
1934 S PEACE DOLLAR
$37.00 (10 Bids)
Time Remaining: 46m
1928 PEACE DOLLAR KEY DATE
1928 PEACE DOLLAR KEY DATE
$99.95 (1 Bid)
Time Remaining: 4h 42m
1922 PEACE DOLLAR SILVER DOLLAR 90 SILVER US ONE DOLLAR COIN
1922 PEACE DOLLAR SILVER DOLLAR 90 SILVER US ONE DOLLAR COIN
$15.27 (7 Bids)
Time Remaining: 54m
1925 Peace Dollar
1925 Peace Dollar
$20.50 (19 Bids)
Time Remaining: 1h 7m
1935 PEACE DOLLAR PCGS MS63
1935 PEACE DOLLAR PCGS MS63
$130.00
Time Remaining: 28d 21h 44m
Buy It Now for only: $130.00
better date 1935 Peace SILVER dollar
better date 1935 Peace SILVER dollar
$19.99
Time Remaining: 2h 37m
1922 PEACE SILVER DOLLAR
1922 PEACE SILVER DOLLAR
$15.50 (6 Bids)
Time Remaining: 1h 39m
1922 UNC Peace Dollar GREAT LUSTER
1922 UNC Peace Dollar GREAT LUSTER
$21.95
Time Remaining: 51m
1 1928 Peace Silver Dollar VF Details KEY DATE  AvenueCoin
1 1928 Peace Silver Dollar VF Details KEY DATE AvenueCoin
$179.50
Time Remaining: 28d 8h 12m
Buy It Now for only: $179.50
1927 S Peace Dollar Key Date Nice Coin
1927 S Peace Dollar Key Date Nice Coin
$49.00
Time Remaining: 3h 53m
1935 1 Peace Dollar
1935 1 Peace Dollar
$27.97 (18 Bids)
Time Remaining: 3h 8m
1922 D Peace Silver Dollar
1922 D Peace Silver Dollar
$15.99 (1 Bid)
Time Remaining: 2h 12m
1927 PEACE SILVER DOLLAR
1927 PEACE SILVER DOLLAR
$30.00 (3 Bids)
Time Remaining: 2h 48m
1925 Peace Silver dollar 90 Silver
1925 Peace Silver dollar 90 Silver
$16.66 (9 Bids)
Time Remaining: 1h 7m
1927 1 Peace Dollar
1927 1 Peace Dollar
$26.05 (9 Bids)
Time Remaining: 3h 3m
1928 P PEACE SILVER DOLLAR RARE XF DETAILS KEY DATE COIN MINTAGE 360649
1928 P PEACE SILVER DOLLAR RARE XF DETAILS KEY DATE COIN MINTAGE 360649
$142.00
Time Remaining: 2d 12h 55m
Buy It Now for only: $142.00
1923 S Peace Silver Dollar
1923 S Peace Silver Dollar
$17.50 (6 Bids)
Time Remaining: 2h 13m

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