The Peace Silver Dollar, minted from 1921 through 1928 and then again in 1934 and 1935, is a historic silver coin weighing 26.73 grams (0.8593 troy ounces) with a silver purity of 90%. With a silver weight of 0.77344 troy ounces, these coins boast both historical significance and intrinsic value due to their silver content!
The Peace Dollar, designed by Anthony de Francisci, holds a unique position in U.S. coinage, being the last circulating silver dollar. The symbolism in the silver coin is significant, as it was quickly developed and released to symbolize the end of World War I and the hopes of the American people for a peaceful future. The 1921 mintage (stands out for its high relief design, the only year with such a striking feature, making it a collector’s favorite and one of the most sought-after coins in the collection.
Certain years are more popular than others due to distinctive designs or historical context, fetching higher prices. For instance, the 1922 “earring” Peace Dollar features a widened crack in the obverse die, the “hair pin” Peace Dollar has a small horizontal die crack resulting in a visible “hairpin” in the rays of Liberty’s tiara, and the “mustache” Peace Dollar features a die crack that created an amusing “mustache” on Liberty’s face.
Depending on the specific mintage year or variety you are looking for, Peace Dollars can exhibit a broad price range with prices as low as $35 for worn coins to tens of thousands of dollars for the highest grade uncirculated specimens. A complete set is made up of 24 coins, making it more accessible for collectors compared to other more extensive sets.