Peace Dollar
Peace Dollar
Following the Great War, it was proposed that the United States create a coin that reflected its devotion to the principles of freedom and peace. (How deep this commitment actually ran is outside the scope of this article.) Thus was born the Peace Dollar, designed by Anthony de Francisci.

The reverse of Peace Dollar shows a left-facing profile of Liberty, her features based on those of Teresa de Francisci, the designer’s wife. The new Liberty was much slimmer than her predecessor on the Morgan coin, and wore a stately crown instead of a cap. The reverse side design of Peace Dollar caused a few problems. Originally, de Francisci wanted the eagle on the back of the Peace Dollar Coin to be breaking a sword, symbolizing American rejection of jingoism. However, some people said that this image might be misinterpreted to reflect American weakness or defeat, so George Morgan revised the design. The eagle carried an olive branch instead, and the word Peace was added to the picture, in case matters still were not clear enough. A further note on de Francisci’s design should include the background against which the bird was positioned. The eagle stood on a peak or rock, facing a sunrise, suggesting a nation poised to take off into a glorious future.

Like the Morgan Dollar, the production of Peace Dollar was closely tied with laws that benefited silver mine owners, or the need to bolster the value of some other medium of exchange. Production petered off around the late 1920’s due to low demand, but was re-started in 1934-35 to back up certificates, before being stopped again.
Peace Dollar (Silver) Fair Market Values in U.S. Dollars (1921-1935)
Date/Type G4 VG8 F12 VF20 XF40 AU50 AU53 AU55 AU58 MS60
*1921 $85 $94 $108 $126 $134 $144 $156 $168 $186 $258
1922 $14 $15 $15 $16 $16 $16 $17 $17 $19 $20
1922 D $14 $15 $15 $16 $16 $16 $17 $17 $22 $26
1922 S $14 $15 $15 $16 $16 $16 $17 $18 $23 $30
1923 $14 $15 $15 $16 $16 $16 $17 $17 $19 $20
1923 D $14 $15 $15 $16 $16 $16 $17 $18 $28 $48
1923 S $14 $15 $15 $16 $16 $16 $17 $21 $24 $28
1924 $14 $15 $15 $16 $16 $16 $17 $17 $19 $20
1924 S $15 $17 $22 $28 $38 $51 $55 $74 $120 $192
1925 $14 $15 $15 $16 $16 $16 $17 $17 $19 $20
1925 S $15 $16 $17 $18 $23 $36 $40 $44 $56 $74
1926 $14 $15 $15 $16 $17 $18 $20 $22 $29 $38
1926 D $15 $16 $17 $18 $21 $29 $31 $37 $43 $65
1926 S $14 $15 $15 $16 $17 $18 $21 $24 $30 $42
1927 $15 $20 $23 $26 $29 $47 $51 $53 $59 $76
1927 D $15 $20 $23 $25 $30 $64 $70 $81 $109 $156
1927 S $15 $20 $23 $25 $30 $70 $76 $82 $108 $144
*1928 $305 $316 $328 $345 $362 $380 $420 $438 $468 $540
1928 S $18 $26 $29 $30 $36 $48 $54 $71 $89 $150
1934 $15 $17 $18 $20 $22 $44 $47 $58 $68 $96
1934 D $16 $18 $20 $21 $23 $41 $46 $53 $70 $126
**1934 S $28 $36 $49 $70 $168 $450 $516 $600 $1,040 $1,710
1935 $15 $16 $17 $18 $22 $29 $32 $36 $49 $64
*1935 S $15 $16 $17 $18 $23 $71 $81 $98 $138 $240
Peace Dollar Coins on eBay
![]()
848,000 MINTAGE 1927-P PEACE DOLLAR * GET IT HERE CHEAP * BARGAIN KEY DATE COIN

1 Bid
US $39.99
52m
![]()
1923-S SILVER PEACE DOLLAR....NO RESERVE

10 Bids
US $24.45
1h
![]()
1927-P PEACE DOLLAR ICG MS64 SCARCE 90% SILVER! (RTS+


US $508.50
1h 6m
![]()
1922-D-Silver Peace Dollar Vam-2Y Die Break IN to Neck

0 Bid
US $27.00
1h 14m
![]()
1922 Gem Peace Dollar

3 Bids
US $18.68
1h 19m
![]()
1928 Plain Peace Silver Dollar Key Date Philadelphia NGC VG Details Cleaned Rare


US $295.00
1h 20m
![]()
Two 1924 Gem Peace Dollars

3 Bids
US $20.70
1h 27m
![]()
1923s Silver Peace Dollar

0 Bid
US $31.00
2h 4m
![]()
1925 Peace Dollar, Superb Gem Lustrous BU, Sharp Strike, ANACS 64 PQ


US $225.00
4h 32m
![]()
**10**CIRCULATED 90% SILVER PEACE DOLLARS 1922-1924-MIXED DATES & MINTS-P,D,S!!


US $320.99
5h 38m

