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Peace Dollar
Peace Dollar
Peace Dollar
Peace Dollar

Peace Dollar


  • Silver Content – 0.77344 oz.
  • Gross Weight – 26.73 g
  • Composition – 90% silver, 10% copper
  • Coin Diameter – 38.1 mm
  • Thickness – 3.1 mm
  • Mint Dates – 1921-1935
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Details

Overview

The Peace Dollar commemorated the Treaty of Paris, ending World War I. Unusually, it was created without a new Congressional act, instead being minted under provisions of the Pittman Act, which reissued the Morgan silver dollar in 1921.

Design

Medalist Anthony De Francisci designed the silver Peace Dollar using his wife, Teresa, as model for Lady Liberty. Above her head is “LIBERTY,” and the issue date is below. “IN GOD WE TRUST” appears around her neck, separated between “WE” and “TRUST.” The reverse has an eagle perched on mountain crag, looking off into rays of sunlight. Across the eagle is the dollar denomination. The mint mark is beneath “ONE,” and along the rim is inscribed “UNITED STATES OF AMERICA” above “E PLURIBUS UNUM,” Latin for “Out of Many, One.”

Minting

All 1921 silver Peace Dollars were struck in high relief. The design was modified in 1922, and normal relief coins were struck later that year. Peace Dollars were produced until the Great Depression began in 1929. The United States Mint resumed producing the Peace Dollar in 1934, but stopped again in 1935. Peace Dollars were struck one last time in Denver in 1965, but all were destroyed and never circulated.

Valuation

This is a premium coin, meaning its value is tied to factors other than the value of the spot price of the precious metal it contains. Valuation factors include, but are not limited to, speculative interest, collector and investor demand, available supply, industry promotions, perceived value, economic conditions, and other factors we deem relevant. The value assigned to this coin at any given time may vary from retailer to retailer and Augusta cannot guarantee another retailer will value this premium coin at the same rate as Augusta would in any given circumstance. Augusta cannot guarantee buy-back of any item it sells and cannot guarantee another retailer will purchase this premium coin. For up-to-date market pricing and availability, please contact us directly.

Augusta cannot guarantee, and makes no representation, that any metals purchased by a customer will appreciate at all or appreciate sufficiently to make a profit, and there is no certainty that any metals can be sold for a profit. The future value of the coins you purchase cannot be predicted. You could lose money. Don't purchase Augusta products with money you can't afford to lose. Prices may rise and fall over time or rapidly. Past performance of any coin does not guarantee future results. Premium coins are sold for more than the spot price of the precious metal they contain. Augusta's sale prices and buy-back prices are determined and controlled by Augusta. The value assigned to the coins you purchase at any given time may vary from retailer to retailer and Augusta cannot guarantee another retailer will value the coins at the same rate as Augusta would in any given circumstance. Augusta cannot guarantee buy-back of any item it sells and cannot guarantee another retailer will purchase coins purchased through Augusta. Augusta cannot guarantee another retailer will value a premium coin at the same rate as Augusta would in any given circumstance. This purchase is speculative and unregulated.

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