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The Peace dollar is a United States dollar coin minted from 1921 to 1928, and again in 1934 and 1935. It was the last United States dollar coin to be struck for circulation in silver.
The idea for a coin to commemorate the peace following World War I came from Farran Zerbe, former President of the ANA from 1908 to 1910 and active promoter of numismatics, particularly during the first quarter of the 20th century.
Issues of 1921, and a few pieces dated 1922, are in high relief, although collectors have not necessarily differentiated this as a distinct design. It was found that the high relief cause problems in having the pieces strike up properly, so in 1922 the motifs were redone to a shallower format, a style continued through 1935.
In 1964, the Denver Mint struck 316,076 Peace Dollars but, before they were released into circulation, all of the coins were destroyed. A few may have been purchased or "taken" by Mint employees and rumors persist of this coin's existence. However, for fear of confiscation by Treasury officials, none have yet appeared on the market. Were it legal to own, the 1964-D Peace Dollar would become one of the most valuable of all United States coins.
Engraver: Anthony de Francisci
Obverse
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Depicts the head and neck of the Goddess of Liberty in profile, facing left, wearing a diadem of spikes (in somewhat similar style to that seen on the Statue of Liberty). LIBERTY is above, while IN GOD WE TRUST and the date are below. LIBERTY |
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Reverse
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Depicts a perched bald eagle perched on a rock and clutching an olive branch, with the legend PEACE inscribed below. UNITED·STATES·OF·AMERICA and E·PLURIBUS UNUM are above, while ONE DOLLAR is to be seen just below the center. Rays of an unseen sun emanate from the lower right. UNITED·STATES·OF·AMERICA |
Edge |