Silver Peace Dollars | BOLD Precious Metals (1)

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SILVER PEACE
DOLLARS
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Peace Dollar
The Peace dollar is an U. S. dollar coin that was
produced for circulation from 1921 to 1928, as
well as in 1934 and 1935, and will be
reintroduced in 2021. The coin, developed by
Anthony de Francisci, was the conclusion of a
competition to discover designs that represented
peace. The obverse features the Goddess of
Liberty's head and neck in profile, while the
reverse depicts a bald eagle at rest clutching an
olive branch with the word "Peace." This was the
final silver dollar coin produced for circulation
in the U.s. Coin collectors lobbied the U.S.
Mint to create a coin commemorating the peace
after World War I. The Pittman Act of 1918
ordered the US Mint to hammer millions of silver
dollars, which it began doing in 1921 using the
Morgan dollar pattern. Treasury Secretary Andrew
Mellon approved the Peace dollar in December 1921.
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Design History
De Francisci was the younger of the contestants
at 34 years old, and he also had the minimum
expertise in the field of coin design. Unlike the
majority of the others, de Francisci's sole
involvement had been the translation of designs
for the 1920 Maine commemorative half dollar to
the final work. De Francisci had exercised little
judgement in that endeavour, and later stated, "I
do not regard it very positively." Teresa
Cafarelli was born Teresa de Francisci in Naples,
Italy. She was five years old when she struck a
pose for the Statue of Liberty. Later, she wrote
to her brother Rocco about the statue and how she
had fallen in love with it.
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Coin Design
Reverse Displays a bald eagle perched upon a
solid rock bearing the inscription, "Peace"
clutching an olive branch in its talons.
Obverse Displays a left-facing profile of Liberty
wearing a radiate crown.
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Peace Dollar Highlights

• Peace Dollars were produced between 1921 and
  1928, and again between 1934 and 1935.
• Peace Dollars are made of.900 fine silver and.100
  fine copper and weigh 26.73 grams. The San
  Francisco, Denver, and Philadelphia Mints
  produced Peace Dollars.
• The classic Peace Dollar design was developed by
  medalist Anthony de Francisci. The obverse bears
  his initials, AF.

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