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1921 Peace Dollar

The 1921 Peace Silver Dollar is one of the nicest examples of silver dollars the United States has minted and came about thanks to the Pittman Act of 1918, which melted millions or Morgan silver dollars in support of the British and American war effort during WWI. The coin was designed by Anthony de Francisci and the portrait of the liberty face on the 1921 Peace silver dollar was modeled after his wife.

The high relief style of the 1921 Peace Silver dollar allows it to stand out as one of the more unique designs for United States silver dollars. Even in the worst condition, the 1921 Peace silver dollar can carry a premium above the rest of the common silver dollars in the Peace series and, in much higher conditions on the coin grading scale of 1-70, the 1921 Peace silver dollar can be worth several hundred dollars.

If you are lucky enough to discover a 1921 Peace silver dollar that would grade at an MS-65 or higher, it could be worth one thousand dollars or more. Part of the reason for the rarity of the 1921 Peace silver dollar is the high relief minting of the coin. The United States mints moved away from this design in 1922 after merchants complained that the coins were difficult to stack, thereby making them difficult to count in an efficient manner when in the middle of a transaction.

So, although the high relief design of the 1921 Peace silver dollar added to the overall aesthetic beauty of the coin, the functionality of the coin made it difficult to work with. Another reason for the rarity of the 1921 Peace silver dollar was that minting of the 1921 Peace silver dollar didn’t begin until the executive order was signed, just after Christmas, 1921. Production officially began of the 1921 Peace silver dollar on December 28th, 1921, allowing just enough time over the next three days to produce close to a million specimens of the numismatic treasure that is the 1921 Peace silver dollar.

If you have a 1921 Peace silver dollar and would like to have it evaluated by the coin experts at Nevada Coin & Jewelry, or if you would like to sell your 1921 Peace Silver dollar, just come in to any of the Nevada Coin & Jewelry and let our associates help you today. Or, if you just have a question about your 1921 Peace silver dollar, or if you want to know if your 1921 Peace silver dollar is real, make a trip to the Nevada Coin & Jewelry location closest to you and lean on the expertise of our highly trained and well respected coin professionals.

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