Compare Prices of Silver Peace Dollar
Bullion Mentor's price comparison tool gives you a bird's-eye perspective of the Silver Peace Dollar market price fluctuations. If you're looking to purchase Silver Peace Dollars, Bullion Mentor is an excellent choice since we provide continuous price details, including premiums and shipping charges.
As a representation of the United States' objectives for a peaceful future in the wake of World War I, the Peace Dollar is an important piece of American numismatic history. Hence, the Peace Dollar was a commemorative coin that the United States Mint minted from 1921 to 1935 to mark the conclusion of the Great War.
Bullion Mentor's price comparison tool gives you a bird's-eye perspective of the Silver Peace Dollar market price fluctuations. If you're looking to purchase Silver Peace Dollars, Bullion Mentor is an excellent choice since we provide continuous price details, including premiums and shipping charges.
As a representation of the United States' objectives for a peaceful future in the wake of World War I, the Peace Dollar is an important piece of American numismatic history. Hence, the Peace Dollar was a commemorative coin that the United States Mint minted from 1921 to 1935 to mark the conclusion of the Great War.
History of the Peace Dollar
After the devastating effects of World War I, the citizens of the United States of America demanded an emblem of Peace in the form of currency. The renowned US Mint introduced the Peace Dollar in 1921 as a symbol of Peace. The Peace Silver Dollars were the last circulation coins from the US Mint struck in silver. Farran Zerbe, a famous numismatist and coin dealer, recommended the Peace Dollar in 1918.
Due to the Pittman Act of 1918, the US Mint was obliged to produce a vast number of silver coins! A design competition was held to finalize the design for the sanctioned Peace Dollar. The well-known and admired Italian sculptor Anthony De Francisci won the competition. After the US Mint’s Treasury Secretary Andrew Mellon approved it, the minting began in 1921 and continued until 1928, again from 1934 to 1935, and finally revived as a commemorative in 2021.
Design of the Silver Peace Dollar
It's said that Anthony De Francisci couldn't get a model for his design and thus had to design the coin while his wife, Teresa, modeled. The obverse side of the Silver Peace Dollar featured the effigy of Goddess Liberty depicting her head and neck. Liberty wears a radiate crown with her hair flowing gracefully. The inscriptions on the obverse are "LIBERTY", the US motto, "IN GOD WE TRVST", and the year of the issue below the portrait. Anthony De Francisci emphasizes the roots of Roman literature with the replacement of "U" with "V" in the word 'TRUST.'
The reverse design directly depicts the coin's purpose and motto. The American eagle is perched on a rock as it clenches olive branches in its talons. The rising sun and its rays are seen in the backdrop. The legend "PEACE" is imprinted on the rock, along with the country of issue, the US motto, and the face value as "UNITED STATES OF AMERICA. E PLURIBUS UNUM. ONE DOLLAR."
The US Mint had facilities that produced the Peace Dollar, one factor that impacted the silver coin's value. So, where is the mint mark on the silver Peace Dollar? The mint mark on the Peace Dollar is located on the reverse at the end of the eagle's tail at the lower left. The mint mark would vary among Denver (D), San Francisco (S), and Philadelphia (no mint mark).
What is the Silver Content of the Peace Dollar?
The Silver content in a coin is determined by the weight of the actual pure silver in the coin's composition. The Silver Peace Dollar comprises 0.7734 troy ounces of actual silver content. This precious Silver Peace Dollar contains 90% silver and 10% copper, making the purity of the silver .900 fine. The 10% metal for alloy, along with copper, also includes fragments of zinc or manganese.
Silver content may also change with technology and coinage. The US Mint minted the original Peace Dollar (Pre-2021) with 0.7734 troy ounces of .900 fine silver, whereas since the 2021 commemorative release, the silver coins have had 0.858 troy ounces of .999 fine silver.
Features of the Silver Peace Dollar!
Bullion Mentor makes it simple for you to take full advantage of the Peace Dollar's distinctive features, allowing you to add these exceptional dollar coins to your portfolio without having to search through numerous sources for the best pricing.
- Rarity and Collectibility
The mintage period from 1921 to 1928 and 1934 to 1935 comprised some rare and collectible issues of the Silver Peace Dollar. The 1921 high-relief silver coin, one of the rarest Peace Dollars, was sold at auction for $132,000!
- Portfolio Diversification
Peace Silver Dollars are precious investments due to their pure silver content and timeless design. Acquiring this silver coin will elevate your portfolio and investment journey, making it a must-have precious silver coin!
- Significance and Varieties
The Peace Silver Dollar succeeds the Morgan Silver Dollar, two of the most extraordinary coins struck by the US Mint. These coins carry immense symbolism and historical significance that facilitate the popularity and value of the silver coin. The varieties of the Silver Peace Dollar include low relief, high relief, Liberty-wearing earrings, hairpins, and mustache.
How to Invest in Silver Peace Dollars?
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Whether you're a seasoned investor or just starting out, BullionMentor.com offers a user-friendly experience for purchasing silver, including the Silver Peace Dollar.
