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Junk Silver » 1921-1935 Silver Peace Dollar

1921-1935 Silver Peace Dollar

Junk Silver Value

Silver Content: 90%
Silver Weight: 0.77344 oz.
Junk Silver Price: $15.2

The Silver Peace Dollar was minted between 1921 and 1935. The coin was initially designed by Anthony de Francisci, who won a design competition, beating out famous designers such as Chester Beach, John Flanagan, Hermon A. MacNeil, and Adolph A . Weinman.

Despite winning the contest, the original design was actually rejected. The reverse depicted an Eagle holding a broken sword, which some associated with defeat. Accordingly, George Morgan designed a new reverse without the broken sword, which ended up on the coins that were minted.

Other changes came later. The original obverse design had an unusually steeply curved surface, making the coins hard to stack, and hard to strike, resulting in an abnormally high rate of breakage of the dies used to stamp the coins. The relief was lowered in 1922 because of this.

The coin got its name because the design was intended to be "commemorative of the termination of the war between the Imperial German Government and the Government of the United States." The word "peace" appears on the lower edge of the reverse side, Oddly, the Peace Dollar was not well received upon its initial release, despite its attractive appearance. It has since become popular, and now peace dollars are in high demand among coin enthusiasts of all varieties.

The peace dollar was the last 90% silver dollar to be minted for circulation in the U.S. (The Eisenhower Dollar minted between 1971 and 1976 contained only 40% silver.)

Like other silver coins of the era, the Silver Peace Dollar contains 90% silver, with each coin having a little over three quarters of an ounce of silver. The coins make excellent investments for junk silver buyers, as their larger size makes them easier to manage.

As with other junk silver coins, Ebay is most often the best place to acquire circulated Peace Dollars for their silver value, especially in smaller quantities.