PEACE DOLLAR
Key Dates
1921 high relief
1924S
1928
1934S
1964D
The very famous among collectors is 1928 Peace Dollar. It is a key date as well as a coin with the lowest mintage of the series. The second lowest mintage is 1927.
COIN HISTORY
The Peace dollar is a United States dollar coin minted from 1921 to 1928, and again in 1934 and 1935. It was the last United States dollar coin to be struck for circulation in silver. Composition .900 silver, & .100 copper.
Designed by Anthony de Francisci, the coin was
the result of a competition to find designs
emblematic of peace. 34 years old, de Francisci
was the youngest of the competitors. The
sculptor based the obverse design of Liberty on
the features of his wife, Teresa de Francisci. Due
to the short length of the competition, he lacked
the time to hire a model with the features he
envisioned.
Its obverse represents the head and neck of the
Goddess of Liberty in profile, and the reverse
depicts a bald eagle at rest clutching an olive
branch, with the legend "Peace".
The reverse and obverse of the coin were modified
several times during the production.
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The Peace dollar was first struck on December
28, 1921; just over a million were coined bearing
a 1921 date. The high relief of the 1921 design
was found impractical and was modified to a low
or shallow relief in 1922, after 35,401 coins had
been made and most of them melted in the mint.
Also, high relief 1922 proof dollars occasionally
appear on the market and it is believed that about
six to 10 of them exist. The rare Mate and Satin
Finish Proofs of 1922 are both the high and low
(normal) relief style.
high relief
low relief
MYSTERIOUS 1964D PEACE DOLLAR
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On August 3, 1964, Congress passed legislation providing for the striking of 45,000,000 silver dollars.
In 1965, the Denver mint struck over 316,000 Peace dollars dated 1964 (not including 30 test strike pieces), but these were never issued, and all are believed to have been melted. When an official announcement was made in May 1965 that production had started, some coin dealers advertised that they'd pay $7.50 each to purchase them. Critics in Congress complained because there was already a coin shortage at the time. So the Mint halted production when it appeared the silver dollars would not circulate as intended but would instead hoard.
Whether or not any examples of the 1964 D Peace Dollar actually exist, we may not ever see them due to the legal status of the pieces. The government has stated that any examples of the issue that managed to survive would be considered government property and subject to immediate seizure.
PCGS will pay a $10,000 REWARD just to see an authentic 1964-D Peace Dollar!
Please watch my latest peace dollar YouTube video: