US Peace Dollars: A Timeless Treasure of American History
The US Peace Dollar stands as one of the most iconic and cherished coins in American numismatic history. Minted from 1921 to 1928, with additional production in 1934 and 1935, this silver dollar was created to celebrate the restoration of peace after the turmoil of World War I. Its elegant design, rich historical significance, and precious metal content make it a favorite among collectors and investors alike.
A Design Rooted in Symbolism
The Peace Dollar was designed by Italian-American sculptor Anthony de Francisci, who won a competition organized by the US Mint to create a coin that embodied the spirit of peace. The obverse features a striking portrait of Lady Liberty, modeled after de Francisci’s wife, Teresa. Liberty wears a radiant crown reminiscent of the Statue of Liberty, with her hair flowing gracefully and a serene expression that captures the hope of a new era. The word "LIBERTY" arches above, while the year of minting and de Francisci’s initials appear below.
On the reverse, a bald eagle perches atop a rocky crag, clutching an olive branch—a universal symbol of peace. Behind the eagle, rays of sunlight break through, signifying a new dawn. The word "PEACE" is boldly inscribed at the base, a powerful reminder of the coin’s purpose. The phrase "E PLURIBUS UNUM" and "UNITED STATES OF AMERICA" encircle the design, tying it to the nation’s identity.
A Brief History of the Peace Dollar
The Peace Dollar was introduced as a replacement for the Morgan Dollar, which had been minted intermittently since 1878. After World War I, there was a strong public desire to commemorate the peace that followed. In 1921, the US Mint began production of the Peace Dollar, with the first coins struck in a high-relief design that showcased de Francisci’s artistry. However, the high-relief design proved challenging for mass production, leading to a modified, lower-relief version starting in 1922.
Over its minting period, Peace Dollars were produced at three mints: Philadelphia (no mint mark), Denver (D), and San Francisco (S). Key dates and mint marks, such as the 1921 high-relief issue or the scarce 1928-P, are highly coveted by collectors due to their rarity and historical intrigue. The series also includes the 1934-S and 1935-S, which are notable for their lower mintages.
Why Collect Peace Dollars?
Crafted from 90% silver and 10% copper, Peace Dollars are not only beautiful but also a tangible investment in precious metals. Each coin contains approximately 0.7734 ounces of silver, making them appealing to both numismatists and bullion enthusiasts. Their historical context—born from a world recovering from war—adds emotional and cultural weight, making them more than just currency.
Collectors are drawn to Peace Dollars for several reasons:
- Historical Significance: These coins capture a pivotal moment in history, reflecting the optimism of the post-war era.
- Rarity and Value: Certain dates and mint marks, like the 1928-P or high-relief 1921, are rare and command premium prices.
- Artistic Beauty: The detailed design and craftsmanship make each coin a miniature work of art.
- Variety: With multiple mint marks, dates, and conditions (from circulated to uncirculated), there’s a Peace Dollar for every collector’s budget and preference.
Building Your Peace Dollar Collection
Whether you’re a seasoned collector or just starting, Peace Dollars offer endless opportunities to build a meaningful collection. Beginners might start with common dates like the 1922 or 1923 Philadelphia issues, which are widely available and affordable. Advanced collectors may seek out key dates, high-grade examples certified by PCGS or NGC, or coins with unique toning that enhances their visual appeal.
When purchasing Peace Dollars, consider factors like condition (graded on the Sheldon scale from 1 to 70), mint mark, and any unique characteristics, such as proof-like surfaces or deep mirror finishes. Our inventory includes a carefully curated selection of Peace Dollars, from well-loved circulated coins to pristine, professionally graded specimens.
Add a Piece of History to Your Collection
The US Peace Dollar is more than a coin—it’s a symbol of hope, resilience, and American artistry. Each coin tells a story of a nation looking toward a brighter future. Explore our extensive collection of Peace Dollars, handpicked for quality and authenticity. Whether you’re seeking a single coin to start your journey or a rare key date to complete your set, we have the perfect piece for you.
Shop now and own a piece of history with the US Peace Dollar!
