The Silver Peace Dollar Coin – Showcase for Liberty, Honor, and Democracy

February 22, 2012 No Comments Print

Those devotees of the study or number of currency and also other individuals the numismatic community will discover their hearts warmed, if you know the Silver Peace Dollar coin issuance was inspired by their intriguing and widespread hobby. The peace dollar was struck from the US Mint after a seven-year period, from 1921-1928, then a two-year mintage in 1934-1935. Its inspiration originally originated a November 1918 article inside the Numismatist, the state run publication of the American Numismatic Association (ANA), which suggested the minting of an coin to mark no more Ww 1 and the triumph of democratic ideals.

This suggestion was further expounded at the ANA convention in Chicago in August 1920. It required sometimes a half-dollar or perhaps a dollar commemorative coin to supply ample space for any design showcasing liberty, prosperity, honor and democracy. US Treasury authorities, however, went a stride further and issued the silver being a coin for general-public circulation.

The Silver Peace Dollar coin succeeded the Morgan dollar which has been minted last in 1904. The Pittmann Act sponsored by Nevada Senator Key Pittmann enabled the minting from the Silver Peace Dollar, because this federal law authorized US sale of normal silver bullions the proceeds that will useful for minting new silver dollars.

The Peace Dollar’s designer was Anthony de Francisci who prominently rendered the word “PEACE” in the bottom of coin’s reverse side. The silver content on this coin is 0.77344, which is the past silver dollar that has been minted for all of us circulation.

There were brief minting of the Silver Peace Dollar coin in 1965 with the coins bearing the year 1964. For one reason and other, however, these coins were neither circulated on the public nor any one their examples released. The entire 1965 mintage was melted, perhaps combined with dreams of some avid numismatist and Peace coin collectors.

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