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Peace Dollars

Peace Dollars
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Peace Dollars

The United States Peace dollar, minted in the early 1920s, stands as a poignant symbol of peace and reconciliation following the tumultuous period of World War I. Crafted by the talented and renowned sculptor Anthony de Francisci, the Peace dollar came into existence through a national design competition, an ode to the pursuit of peace. Its introduction in 1921 marked the replacement of the longstanding Morgan dollar, which had been in circulation since 1878.

The Peace dollar was nothing short of a work of art. On its obverse side, it proudly bore a striking depiction of Lady Liberty, draped in a radiant crown inscribed with the word “LIBERTY,” encircled by ethereal rays of light. The reverse side featured a majestic bald eagle perched on a solid rock, its talons clutching an olive branch, while the word “PEACE” gracefully arched above, emphasizing the coin’s underlying theme of harmony and tranquility. The Peace dollar had a composition of 90% silver and 10% copper, with a diameter measuring 38.1 mm and a weight of 26.73 grams. Minting took place in various locations, including Philadelphia, Denver, and San Francisco.

The issuance of the Peace dollar, like any major undertaking, faced some initial challenges. These challenges predominantly revolved around controversies regarding the coin’s design. Concerns were raised about the depiction of Lady Liberty, and some questioned the eagle’s appearance. However, despite these initial reservations, the Peace dollar swiftly gained popularity among collectors and the general public. Its symbolic representation of peace and hope in the aftermath of a devastating global conflict struck a chord with many.