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Peace (1921 - 1935)

The dollar of new design issued from December 1921 through 1935 was a commemorative peace coin. The Peace dollar was issued without congressional sanction, under the terms of the Pittman Act, which referred to the bullion and in no way affected the design. Anthony de Francisci, a medalist, designed this dollar. His monogram is located in the field of the coin under the neck of Liberty.

The new Peace dollar was placed in circulation on January 3, 1922; 1,006,473 pieces had been struck in December 1921.

The high relief of the 1921 design was found impractical for coinage and was modified to low or shallow relief in 1922, after 35,401 coins had been made and most of them melted at the mint. The rare Matte and Satin Finish Proofs of 1922 are of both the high-relief style of 1921 and the normal-relief style.

Legislation dated August 3, 1964, authorized the coinage of 45 million silver dollars, and 316,076 dollars of the Peace design dated 1964 were struck at the Denver Mint in 1965. Plans for completing this coinage were subsequently abandoned and all of these coins were melted. None were preserved or released for circulation. Many deceptive reproductions exist.

Peace (1921 - 1935)
1921 - 1935

Peace (1921 - 1935)

Coin Attributes

  • Design Years: 1921 - 1935
    Designer: Anthony de Francisci
    Weight: 26.730 grams
    Diameter:38.1 mm
    Composition:
    • 0.9000 silver, 0.1000 copper
    Edge: reeded
    Metal Oz: 0.77344
    Melt Value (silver): $14.48
Grade Price Guide
Circ|MS|PF
  • Description
  • Mintage
  • VF-20 Very Fine. Very Fine. Hair over eye well worn. Some strands over ear well defined. Some eagle feathers on top and outside edge of right wing visible.
  • EF-40 Extremely Fine. Extremely Fine. Hair lines over brow and ear are strong, though slightly worn. Outside wing feathers at right and those at top visible but faint.
  • AU-50 About Uncirculated. About Uncirculated. Slight trace of wear. Most of mint luster present, although marred by contact marks.
  • MS-60 Uncirculated. Uncirculated. No trace of wear. Full mint luster, but possibly noticeably marred by stains, surface marks, or bag abrasions.
  • MS-62 Choice Unc.. Choice Unc..
  • MS-63 Choice Uncirculated. Choice Uncirculated. Some distracting contact marks or blemishes in prime focal areas. Impaired luster possible.
  • MS-64 Very Choice Unc.. Very Choice Unc.. A few scattered contact marks. Good eye appeal and attractive luster.
  • MS-65 Gem Uncirculated. Gem Uncirculated. Only light, scattered contact marks that are not distracting. Strong luster, good eye appeal.
  • MS-66 Gem Unc.. Gem Unc..
  • PF-60 PF-60. PF-60.
  • PF-63 Choice Proof. Choice Proof.
  • PF-64 Gem Proof. Gem Proof.
  • PF-65 Gem Proof. Gem Proof.
  • Matte PF-65 Matte. Matte.
  • 1921, High Relief
  • 1,006,473
    • 1922, Normal Relief
    • 51,737,000
      • 1922D

        1922D

        Silver and Related Dollars Peace (1921 - 1935) 1922D
        Silver and Related Dollars Peace (1921 - 1935) 1922D
      • 15,063,000
      • 28
      • 1922S

        1922S

        Silver and Related Dollars Peace (1921 - 1935) 1922S
        Silver and Related Dollars Peace (1921 - 1935) 1922S
      • 17,475,000
      • 28
      • 1923
      • 30,800,000
        • 1923D

          1923D

          Silver and Related Dollars Peace (1921 - 1935) 1923D
          Silver and Related Dollars Peace (1921 - 1935) 1923D
          Location of mintmark, when present, is on reverse, below ONE
        • 6,811,000
        • 28
        • 1923S
        • 19,020,000
          • 1924
          • 11,811,000
            • 1924S

              1924S

              Silver and Related Dollars Peace (1921 - 1935) 1924S
              Silver and Related Dollars Peace (1921 - 1935) 1924S
            • 1,728,000
            • 28
            • 1925
            • 10,198,000
              • 1925S

                1925S

                Silver and Related Dollars Peace (1921 - 1935) 1925S
                Silver and Related Dollars Peace (1921 - 1935) 1925S
              • 1,610,000
              • 28
              • 1926

                1926

                Silver and Related Dollars Peace (1921 - 1935) 1926
                Silver and Related Dollars Peace (1921 - 1935) 1926
              • 1,939,000
              • 28
              • 1926D

                1926D

                Silver and Related Dollars Peace (1921 - 1935) 1926D
                Silver and Related Dollars Peace (1921 - 1935) 1926D
              • 2,348,700
              • 28
              • 1926S
              • 6,980,000
                • 1927

                  1927

                  Silver and Related Dollars Peace (1921 - 1935) 1927
                  Silver and Related Dollars Peace (1921 - 1935) 1927
                • 848,000
                • 39
                • 1927D

                  1927D

                  Silver and Related Dollars Peace (1921 - 1935) 1927D
                  Silver and Related Dollars Peace (1921 - 1935) 1927D
                • 1,268,900
                • 39
                • 1927S
                • 866,000
                  • 1928

                    1928

                    Silver and Related Dollars Peace (1921 - 1935) 1928
                    Silver and Related Dollars Peace (1921 - 1935) 1928
                  • 360,649
                  • 300
                  • 1928S
                  • 1,632,000
                    • 1934

                      1934

                      Silver and Related Dollars Peace (1921 - 1935) 1934
                      Silver and Related Dollars Peace (1921 - 1935) 1934
                    • 954,057
                    • 44
                    • 1934D
                    • 1,569,500
                      • 1934S

                        1934S

                        Silver and Related Dollars Peace (1921 - 1935) 1934S
                        Silver and Related Dollars Peace (1921 - 1935) 1934S
                      • 1,011,000
                      • 80
                      • 1935

                        1935

                        Silver and Related Dollars Peace (1921 - 1935) 1935
                        Silver and Related Dollars Peace (1921 - 1935) 1935
                      • 1,576,000
                      • 44
                      • 1935S

                        1935S

                        Silver and Related Dollars Peace (1921 - 1935) 1935S
                        Silver and Related Dollars Peace (1921 - 1935) 1935S
                      • 1,964,000
                      • 44
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