Afternoon everyone ….
What an absolutely gorgeous day out here in the northeast. Today was mid seventies with a very slight breeze, complete sunshine.
You couldn’t have guessed that it would’ve been so nice if you were outside at five in the morning like me. It was only forty one degrees at that time.
Great day to work with the shop door open. I also got a call from my supplier, telling me that my stain is finally in after over three weeks from when I ordered it.
Today I am going to share a coin from my collection that is a favorite design of mine. It’s the Peace silver dollar. These are really tougher to find in high grade because the fact that Lady Liberty’s hair relief is higher than the rim of the coin. So any circulation at all will wear the lines of the hair.
While this is not an extremely high grade as an MS65, it is as low as I’d go on this particular coin because of the lack of detail in grades lower.
Here is some information on the series and the specs of the coin: The Peace dollar is a United States dollar coin minted for circulation from 1921 to 1928 and 1934 to 1935, and beginning again for collectors in 2021. 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.
Peace dollar United States Value 1.00 United States dollar Mass 26.73 g (412.5 gr) Diameter 38.1 mm (1.5 in) Thickness 2.4 (1921-1935) mm Edge Reeded Composition 1921–1935: .900 silver .100 copper 2021–present: .999 silver Silver 0.77344 troy oz. (1921–1935); 0.858 (2021–present) troy oz Years of minting 1921–1928; 1934–1935; 2021–present Mint marks D, S. Located above tip of eagle's wings on reverse. Philadelphia Mint specimens lack mint mark. Obverse NNC-US-1921-1$-Peace dollar.jpg Design Liberty Designer Anthony de Francisci Design date 1921 Reverse NNC-US-1921-1$-Peace dollar.jpg Design A perched bald eagle Designer Anthony de Francisci Design date 1921 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, amid much controversy, the Denver mint struck over 316,000 Peace dollars dated 1964, but these were never issued, and all are believed to have been melted.
In 2021, the U.S. Mint produced a special 2021 issue Peace Dollar to celebrate the design’s 100th anniversary, with minting of the coins to continue from 2023 onwards.
The coin….
Here is a screenshot from the PCGS website on this Peace dollar. As you can see with over thirty million struck there are not many that are this grade or higher around.
