1921 Peace Silver 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.
(702) 256-2646
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