Peace Dollar

1921-1928  &  1934-1935

The Silver Peace Dollar was originally proposed to be a commemorative coin issued to memorialize with the ending of World War I; however the final decision was made to issue the Silver Peace Dollar as a circulating coin.

The coin, which got its name from having the word “peace” imprinted at the bottom of the coin’s reverse, was designed by Anthony de Francisi.

The replacement to the Morgan Silver Dollar, the Silver Peace Dollar was struck from 1921 until 1928, then after a pause of six years it was minted again in 1934 and 1935.

Peace Silver DollarThe Silver Peace Dollar was briefly minted again in 1965 (bearing the date 1964) but no examples were ever released and eventually melted down.  Containing 0.77344 troy ounces of silver, the Silver Peace Dollar was the last circulated dollar coin to contain silver that was minted in the U.S.

Francisci’s design features his rendition of Lady Liberty; for which he used his wife as the model; on the obverse side and originally an eagle holding a sword on the reverse side. This design was seen as interpreting defeat rather than peace, and so Morgan changed the design. The sword was replaced with an olive branch; which symbolized peace. In the end the design shows the eagle perched upon a rock.

The most collectable varieties include:

  • 1926-S: The “S” mintmark may be higher or lower than normal
  • 1934-D: The “D” mintmark may be small or large
  • 1935-S: Due to a new reverse die at the min, some examples have an extra ray below the one.

Peace Silver Dollar

Depending on the condition of your Silver Peace Dollar the value can range anywhere from $10 up to about $2500. Rarities and mint coins can command prices in excess of $20,000, and proofs can be worth up to $50,000 according to the 2006 Red Book.

Peace Dollar Specifications:

Minted: 1878-1904 & 1921
Diameter: 38.1 mm
Weight: 26.73 g
Composition: 90% silver 10% copper
Silver Content: 24.057 g
Edge: Reeded
Designer: Anthony de Francisi

Written by Mike Barton for Coin Collector Guide, Copyright 2008

A Buyer's Guide to Silver Dollars & Trade Dollars of the United States

From the commonly collected Morgan dollar and the ultra rare early dollar of 1794 to the Sacagawea 'golden' dollars, this book covers it all!

A year-by-year analysis provides current pricing, mintage figures, estimated surviving specimens, and prices realized at auction.

Now with over 200 full size color images, this book is an indispensable asset for every coin collector.

Image of A Buyer's Guide to Silver Dollars & Trade Dollars of the United States

Peace Dollar Mintage Numbers

1921 ………. 1,006,473
1922 …….. 51,737,000
1922-D ….. 15,063,000
1922-S ….. 17,475,000
1923 ……… 30,800,000
1923-D ……. 6,811,000
1923-S …… 19,020,000
1924 ……… 11,811,000
1924-S ……. 1,728,000 
1925 ……… 10,198,000
1925-S ……. 1,610,000
1926 ………. 1,939,000
1926-D ……. 2,348,700
1926-S ……. 6,980,000
1927 …………. 848,000
1927-D ……. 1,268,900
1927-S ………. 866,000 
1928 …………..360,649
1928-S ……. 1,632,000
1934 …………. 954,057
1934-D ……. 1,569,500
1934-S ……. 1,011,000
1935 ………. 1,576,000
1935-S ……. 1,964,000



Buy Silver Eagles

Leave a Reply