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Peace Dollar

A Commemorative Tribute to Peace

The Peace Dollar stands as a testament to the end of World War I. Minted under the Pittman Act of 1921, it commemorated the Treaty of Paris that officially brought the war to a close.

Medalist Anthony De Francisci designed the Peace Dollar, with his wife Teresa serving as the model for Lady Liberty on the obverse. The inscription "LIBERTY" graces the top, while the year of issue rests below. "IN GOD WE TRUST" encircles Liberty's neck, separated between "WE" and "TRUST."

The reverse depicts a majestic eagle perched on a mountain crag, gazing towards the rays of a rising sun, symbolizing a new era of peace. The denomination "ONE DOLLAR" sits across the eagle's chest, with the mint mark positioned beneath it. The rim features the inscriptions "UNITED STATES OF AMERICA" and "E PLURIBUS UNUM" (Latin for "Out of Many, One").

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Details

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

Minting

The initial 1921 Peace Dollars were minted in high relief, creating a design with exceptional depth. However, this technique proved impractical, leading to a design modification and the introduction of standard relief coins later in 1922. Production continued until the onset of the Great Depression in 1929.

Interestingly, the Peace Dollar saw a brief revival from 1934 to 1935 before being discontinued again. A final minting occurred in Denver in 1965, but all these coins were ultimately destroyed and never entered circulation.

This unique history, coupled with its beautiful design, makes the Peace Dollar a highly sought-after collectible for numismatic enthusiasts.