Complete Peace Dollar Year Collection (1921-1935)

The Peace dollar is a United States dollar coin minted from 1921 to 1928, and again in 1934 and 1935. Designed by Anthony de Francisci, the coin was the result of a competition to find designs emblematic of peace. 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'. It was the last United States dollar coin to be struck for circulation in silver.

 With the passage of the Pittman Act in 1918, the United States Mint was required to strike millions of silver dollars, and began to do so in 1921, using the Morgan dollar design. Numismatists began to lobby the Mint to issue a coin that memorialized the peace following World War I; although they failed to get Congress to pass a bill requiring the redesign, they were able to persuade government officials to take action. The Peace dollar was approved by Treasury Secretary Andrew Mellon in December 1921, completing the redesign of United States coinage that had begun in 1907.

 The public believed the announced design, which included a broken sword, was illustrative of defeat, and the Mint hastily acted to remove the sword. The Peace dollar was first struck on December 28, 1921; just over a million were coined bearing a 1921 date. When the Pittman Act requirements were met in 1928, the mint ceased production of the coins, but more were struck during 1934 and 1935 as a result of further legislation. In 1965, the Denver mint struck over 316,000 Peace dollars dated 1964, but these were never issued, and all are believed to have been melted

One of the more popular ways to collect obsolete Silver Dollars is to get one coin from each year of issue. This complete year set of Peace Silver Dollars contain all ten years of issue – and the last Morgan Dollar ever struck – 1921 – eleven coins in all!

The Peace Dollar replaced the Morgan Dollar, and 1922 was the first full year of issue.  All coins are in grades VF or better.  No specific mint marks are guaranteed . The Peace Silver Dollar was the last U.S. Silver Dollar minted for circulation.   It was issued as a celebration of world peace after World War I.   Sculptor Anthony De Francisci portrayed his wife, Teresa, as Lady Liberty on the obverse, while the reverse shows an eagle holding only an olive branch of peace instead of the usual olive branch and arrows of war;  this symbolized “peace.”   The eagle is also sitting on a rock inscribed with the word “PEACE.”

The Morgan Silver Dollar is the legendary coin of the “Wild West.”   The coin is named after its designer, George T. Morgan, an engraver with the U.S. Mint.   The obverse portrays Lady Liberty wearing a slave’s cap (an ancient symbol of freedom) with the word “Liberty” inscribed on a ribbon.   The reverse features an American eagle holding the olive branch of peace and arrows of war.