Peace Dollar 1921-1935 One Dollar MS Values
Details
The Peace dollar, designed by Anthony de Francisci, was minted from 1921 through 1935 and replaced the long-running Morgan dollar. While not nearly as popular as its famous predecessor, the Peace dollar maintains a sizable and loyal base of collectors who find the coin's beauty, relatively short production run, and few expensive key dates attractive attributes.
The scarcest regular-issue Peace dollar is the 1928, which serves as the series key. Meanwhile, the 1934-S is challenging in all grades and relatively rare in upper circulated and uncirculated condition. The 1921 is a scarce first-year coin and the only regular-strike issue in the series boasting a high-relief strike. Various accounts indicate some 35,000 high-relief 1922 Peace dollars were struck but virtually all melted after die breakage problems proved too daunting to overcome. One high-relief 1922 Peace dollar is known in VF, though this may actually be a circulated high-relief proof specimen, of which there are about 10 known specimens. All of these high-relief 1922 Peace dollars trade for high-five and low-six-figure sums.
The most common Peace dollars are circulated low-relief specimens from 1922 and all 1923, 1924, 1925, and 1926 issues. Later issues are better dates. All Peace dollars, including the more-common mid-1920s dates, are exceedingly scarce in grades of MS66 or MS67.
Obverse: Portrait of a crowned Liberty featuring the word LIBERTY at the top periphery. The motto IN GOD WE left of Liberty's neck and TRUST to the right. The date in centered at the bottom.
Reverse: Perched eagle standing on a rock facing the right with UNITED STATES oF AMERICA and E PLURIBUS UNUM at the top periphery. The denomination of ONE DOLLAR left and right of the eagle's tail and the word PEACE at the bottom. Mintmark, if any, appears below the word ONE on the left side.
Basic Information
GSID:
72407
Coin Date:
Peace Dollar
Denomination:
$1 / One Dollar
Designation:
MS
Mint & Coinage Details
Mint Location:
Philadelphia
Coinage Type:
Peace dollar
Coinage Years:
1921-1935
Composition:
90% silver; 10% copper
Varieties and Classification
Variety:
1921-1935
Physical Characteristics
Fineness:
0.9
Weight:
26.73 gr
Weight:
0.8594 oz
Precious Metal Weight:
0.7734 oz
Strike Type:
Business
Diameter:
38.1 mm
Coin Shape:
Round