The Peace Dollar was designed by Anthony de Francisci that was produced from 1921 till 1935. As part of the design of the Peace Dollar, Mr. Francisci had his initials struck on the coins right under the neck of the Liberty. This coin was designed as a commemorative peace coin. Circulation of the first Peace Dollar occurred in 1922 that consisted of .900 silver and .100 copper. The Peace Dollar was struck in December 21, 1921 with a total of 1,006,473 coins produced for circulation. The 1921 Peace Dollar is valued between $125-$65,000 depending on the condition and grade of the coin. Peace Dollars were produced by the Philadelphia, San Francisco and Denver mints, which most of the San Francisco mint productions were of limited quantities thus making them more scarce and valuable.
There were 35,401 High Relief Peace Dollars produced before the production of the Peace Dollars was switched to a Normal Relief design. Most of the Peace Dollars produced from 1921-1935 are valued in the thousands with a coin grade of MS-66 being the most valuable. For example, a 1927 (S) minted Peace Dollar with a coin grade of MS-66 is valued at $40,000. If you find any of these coins you should seek professional assistance in getting the coin professionally graded. By having the coin graded by a professional increase the value especially if you could be ever so lucky to find a potential grade of MS-66 for your Peace Dollar.
Also, with the price of silver rising in today’s metal markets the Peace Dollars value will only keep on rising since the coins are made up of .900 silver. Peace Dollars weighed .77344 ounces of pure silver. As a coin collector you should not only collect coins for their value to other collectors, but for their composition such as silver, copper, and other similar metals. The Peace Dollars have a face value of $1, but just the rarity and grade of the coin can really make the coin valuable in an investment type security.
The Peace Dollars were produced during a time in America where families struggled to make ends meet. However, in today’s collectibles markets the Peace Dollars can present a sizable chunk of money for such a coin.
If you’re a serious coin collector it would be wise to try to find and add some of the Peace Dollars to your coin collection. The Peace Dollar symbolizes not only peace, but freedom at a time where so many Americans struggled financially.
Yeoman, R.S. “The Guide Book of United States Coins” 2011