The Peace dollar is a United States dollar coin minted from 1921 to 1928, and again in 1934 and 1935. Early proposals for the coin called for a commemorative issue to coincide with the end of World War I, but the Peace Dollar was issued as a circulating coin. Designed by Anthony de Francisci, the coin was the result of a competition to find designs emblematic of peace. Its obverse represents the head and neck of the Goddess of Liberty in profile, and the reverse depicts a bald eagle at rest clutching an olive branch, with the legend “Peace”. It was the last United States dollar coin to be struck for circulation in silver. All coins in VG or better condition with dates and mint marks are our choice based on availability.
The Peace Dollar was the successor to the Morgan Dollar, which had not been regularly minted since 1904. With the passage of the Pittman Act in 1918, the mintage of dollar coins was enabled to start again. Prior to the design and acceptance of the Peace Dollar, the Morgan Dollar was minted again in 1921. The Peace dollar was first struck on December 28, 1921; just over a million were coined bearing a 1921 date. When the Pittman Act requirements were met in 1928, the mint ceased to strike the coins, but more were struck in 1934 and 1935 as a result of other legislation. In 1965, the mint struck over 300,000 Peace dollars bearing a 1964 date, but these were never issued, and all are believed to have been melted.