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Peace Silver Dollar

Silver Peace dollars are an attractive choice for collectors or investors. They’re both historically significant, and are a popular investment for people looking for an alternative to conventional stocks and bonds. Whatever your reason for buying Peace silver dollars, you can find many quality options online at Mint State Gold. We’re specialists in both precious metals and rare coins, and maintain an inventory of carefully chosen products to meet the needs of our diverse customer base.

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History

The Peace dollar arose out of two trends: a groundswell of public support for a coin to mark the end of the First World War, and the passage of the Pittman Act in 1918. The Act authorized the U.S. Mint to produce new silver bullion — the first since the Morgan dollar ended its initial production run in 1904.

Farran Zerbe, a member of the American Numismatic Association (ANA), is credited with introducing the idea of the Peace dollar in a speech he gave to the organization's 1920 convention. The idea gained political credibility and, though an effort to draft official “Peace Coin” legislation failed, it was popular enough to move forward without congressional approval.

Design

The design for the Peace dollar was created by Anthony de Francisci, following a competition between a small group of renowned medalists arranged by the Commission of Fine Arts. On the obverse of the coin is an image of Lady Liberty in profile, based on the features of de Francisci's wife, Teresa. On the reverse is an eagle perched on a rock, clutching an olive branch above the inscription “PEACE.” To date, this is the only U.S. coin with the word “PEACE” written on it.

The U.S. Mint initially produced Peace dollars in its Philadelphia facility, with San Francisco and Denver beginning shortly after that. Initial production ended in 1928. However, with silver prices at a historic low, minting resumed again in 1934 for an additional two years.

Why Buy Silver Peace Dollars?

There are several reasons why Silver Peace dollars are a great purchase. They boast an attractive design, and high-quality examples can be quite rare. Perhaps more importantly, Peace dollars are a part of our history. Their optimistic theme speaks to the lingering trauma of war and the hope for a better future. Aside from their historical significance, they also offer strong investment potential.

Investing in Silver Peace Dollars

Many investors consider buying rare coins and silver bullion a good way to diversify your portfolio. If you’re new to investing and want to learn more about the potential benefits, be sure to check out our Investor Education library. You’ll find several informative articles that can help you make smart, safe purchases based on your financial goals. For more assistance, don’t hesitate to contact our office and speak with one of our representatives directly.

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