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Peace Dollar
About Peace Dollar Coin
Obverse Peace Dollar Coin
Design : Liberty
Designer : Anthony de Francisci
Design date : 1921
Reverse Peace Dollar Coin
Design : A perched bald eagle
Designer : Anthony de Francisci
Design date : 1921
Coin Weights
NA
Specification
Value : 1.00 United States dollar
Mass : 26.73 g (412.5 gr)
Diameter : 38.1 mm (1.5 in)
Edge : reeded
Composition
- 90.0% Silver
- 10.0% Copper
Silver : 0.77344 troy oz
Years of minting : 1921–1928; 1934–1935
Mint marks : D, S. Located above tip of eagle’s wings on reverse. Philadelphia Mintspecimens lack mint mark.
Frequently Asked Questions
FAQs
There are three important reasons to consider American Gold Metals Inc. After acquiring your precious metals, we provide a follow-up service designed to keep you informed on economic and/or geopolitical events that could affect the gold or silver market. Keeping you informed in real time allows you to be proactive in your decisions.
Second: We are a member of NGC (Numismatic Guarantee Corporation), PCGS (Professional Coin Grading Service) and ANA (American Numismatic Association). We are also a company with decades of precious metals experience. We believe that integrity still matters and our record of service to our clients is a priceless commodity.
Finally by substantially reducing overhead costs, and running a more efficient, customer oriented business, we are able to provide the very best prices for precious metal products.
Setting up a precious metals IRA involves several steps:
1. Choose a custodian: Select a reputable custodian specializing in self-directed IRAs that handle precious metals.
2. Fund the account: Transfer or rollover funds from an existing IRA or 401(k).
3. Purchase metals: Work with a dealer to buy IRS-approved precious metals.
With the passage of the Pittman Act in 1918, the United States Mint was required to strike millions of silver dollars, and began to do so in 1921, using the Morgan dollar design. Numismatists began to lobby the Mint to issue a coin that memorialized the peace following World War I; although they failed to get Congress to pass a bill requiring the redesign, they were able to persuade government officials to take action. The Peace dollar was approved by Treasury Secretary Andrew Mellon in December 1921, completing the redesign of United States coinage that had begun in 1907.
The public believed the announced design, which included a broken sword, was illustrative of defeat, and the Mint hastily acted to remove the sword. 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 production of the coins, but more were struck during 1934 and 1935 as a result of further legislation. In 1965, the Denver mint struck over 316,000 Peace dollars dated 1964, but these were never issued, and all are believed to have been melted.
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