More than a million had been placed in circulation on the 3rd of January 1922. Given that the Pittman’s Act specifications got met in ’28, no silver Peace Dollars had been minted during ’29 thru 1933. Once this series ended during ’35 ; over one hundred ninety million Peace Dollars in total minted.
This Peace dollar had been created via the youthful, thirty-four year old, Italian immigrant artist Anthony de Francisci in 1921. Their schedule was limited for the pattern competition therefore rather than taking time to find a professional to posse Anthony de Francisci asked his spouse, Teressa, as his model for Liberty’s face.
These were all 38.1 mm in diameter, with a mass of 26.73g, made from ninety percent silver and 10% copper, consequently having .7734oz of silver, its edge is serrated.
Its front shows Liberty with a crown with rays, just like the Statue of Liberty’s. Liberty’s lengthy locks are ” up “, except some windblown hair about her face. The mintage arcs beneath Liberty together with “LIBERTY” encircles above. “IN.GOD.WE” appears in its bottom portion with the throat separating “TRVST”. This replacement having the “V” as the “U” within ‘trust’ is its throwback to the initial design that utilized Roman numerals for the year. Francisci’s initials is below Liberty’s neck wherever Liberty’s shoulder would be.
The reverse shows a eagle perched on a rock clutching an olive sprig. The stone has “PEACE” upon it. There are sun rays emerging in the bottom portion, depicting dawn. “ONE” runs across the lower 1 / 3 of this coin divided with the eagle and then “DOLLAR”. Encompassing the very top rim will be “UNITED.STATES.OF.AMERICA” and directly below there’s “E.PLURIBUS.UNIM”. The mark of the mint (“D” as in Denver, “S” as in San Francisco, there won’t be one for Philadelphia), will be beneath its “ONE” and higher than the eagle folded wings.
After the USA’s Congress approved the Pittman Act on 4/23/1918, they committed to sell the UK up to 350.000.000 silver dollars out of the Treasury’s reserve of Morgan dollars. Its Treasury would be dedicated to replaced the 270 million plus silver Morgan dollars that were smelted then traded. This was forty-seven percent of all the Morgan silver dollars that had been struck. Individuals of the American Numismatic Association started pushing for a silver dollar that would memorialize America’s wining of the World War I.
Their Peace silver Dollar idea took some time to materialize then meanwhile on May 9th, 1921 the Mint went about striking the Morgan silver dollar again. Finally upon 11/19/1921 a competition to get a Silver Peace Dollar commenced with the entries due on December 11th and on the 12th Francisci’s creation had been picked. During the rush to get the master dies set at its Philly mint alterations were made by Morgan on their master die drums. The reliefs were somewhat high these were corrected during 1922 however Philly already made 35,401 Peace silver Dollars almost all of the higher relief coins had been retained then melted down. This Silver Peace Dollar is the only United States’ coinage to have “peace” on it. The silver Peace dollar Coin , A silver Peace dollar Coin
The Peace dollar silver Coinage 