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HISTORY
The Peace Dollar was originally designed as a commemorative peace coin by Anthony De Francisci. It was authorized by the Pittman Act and issued from 1921 to 1935; there were none issued from 1929-1933. The 1921, placed into circulation in January of 1922, coincided with the ending of the Morgan Dollar series. The 1921 Peace Dollar, designed with a high relief and proved inefficient for everyday use, was modified in 1922 after a mintage of over 35,000 coins, which were subsequently melted at the mint. In 1964, legislation authorized the mintage of 45 million Peace Dollars. After minting over 300,000 coins, completion of this project was deserted and all coins were reported melted. However, there have been suggestions that some were clandestinely removed from the mint.
MINTS
The three mints used to produce Peace Dollars were Philadelphia, Denver, and San Francisco. Philadelphia minted coins in 1921-28 & 1934-1935. Denver issued coins in 1922-1923, 1926-1927, & 1934. San Francisco struck coins in 1922-28 & 1934-1935.
TERMINOLOGY
Matte Proof - This is an experimental proof strike that has a textured sandblast appearance. These were produced from 1907 to 1916 and had less reflectivity than the business strikes.
Satin Proof - This is also an experimental proof strike generally used on gold coins after 1907. The dies were treated to create coins exhibiting shiny surfaces.
RECOMMENDED REFERENCES
The Comprehensive U.S. Silver Dollar Encyclopedia, by John Highfill
The Morgan and Peace Dollar Textbook, by Wayne Miller
Comprehensive Catalogue and Encyclopedia of U.S. Morgan and Peace Silver Dollars, by Leroy Van Allen and George A. Mallis
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Series
Peace Dollars
Series Run
1921-1935
Designer
Anthony De Francisci
Weight
26.73 grams
Net Weight
.77344 ounces pure silver
Composition
.900 silver
.100 copper
Diameter
38.1 millimeters
Edge
Reeded Edge
Mints
Philadelphia, Denver, San Francisco
Mink Mark Location
reverse below ONE
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