Peace Silver 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.
Circulated Conditions
Our Peace Silvers Dollars are offered in ungraded, circulated condition. The common condition we sell are:
VG (Very Good) to XF (Extra Fine): This condition means the Silver Dollars have been circulated in society and exhibit moderate to severe traces of wear, with possible cleaning, surface abrasions, or a combination of all these characteristics. Little to no original mint luster will be present and there may be light to heavy toning.
AU (About Uncirculated): This condition means the coins may appear uncirculated but with closer inspection can reveal moderate traces of wear, evidence of frictions visible on high points. Half to three-quarters of the original mint luster will still be present.
Uncirculated condition
BU (Brilliant Uncirculated): This condition means the Silver Dollars have never been circulated in society, and will generally retain full original mint luster. They will exhibit minimal bag marks or abrasions.
Overview of Peace Dollars
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. 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.
Investing in 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.