Live Spot Prices

Gold Spot: 1,929.80 0.1%
Silver Spot: 23.60 -0.5%
View Chart View Charts

Peace Silver Dollar

Peace Silver Dollar Coins available in PCGC & NGC varieties, always selling below national suggested retail price.

Peace Silver Dollar

Peace Silver Dollar Quick Facts

  • Last circulated American silver dollar
  • Created by numismatic demand
  • 183.5 million minted 1921-1928
  • 7 million minted 1934-1935
Read Our Reviews

Call (800) 300-0715 now and save with free home delivery.

Peace Silver Dollar

The Peace Dollar, the final silver dollar minted for circulation in the USA, exists largely due to the Pitman Act of 1918. Under the act over a quarter billion Morgan silver dollars were melted down into bullion.  Nearly 96% of the bullion was sold to Great Britain at $1.00 per ounce and the balance was allocated to the mintage of silver coins of lesser denomination.

The Pitman Act also mandated the replacement of every silver dollar taken out of circulation, even though there was still more than an ample reserve and demand was so low that production had ceased 14 years earlier. In an unabashed giveaway to US silver mines, the US Mint was required to purchase silver for the replacement coins at $1.00 per ounce, even though the market price had fallen to $0.63 by the time production resumed.

In 1920 the American Numismatic Association (AMA) launched a campaign to adopt a new silver dollar commemorating the end of ‘the war to end all wars.’ On May 9, 1921, a bill was introduced into Congress authorizing mintage of the Peace Dollar.

Although Congress failed to pass the bill, the Secretary of the Treasury had the authority to unilaterally approve the new coin because the Morgan had been in mintage for more than 25 years. The process was set in motion in September 1921 and on November 19 competition for the design began.

The winning design was submitted by Anthony de Francisci, a 34-year-old naturalized Italian immigrant. The original obverse bore a finely detailed bust of Lady Liberty rendered in high relief, modeled after the sculptor’s wife. The coin was difficult and costly to strike, however, and was redesigned in lower relief for all subsequent mintages.

The reverse of the Peace Silver Dollar portrays an eagle at rest atop a rock, its wings folded, gazing outward towards the rising sun. Inscribed on his perch is the single word “PEACE,” the only appearance of the word on any US coin.

For that alone, the Peace Silver Dollar is worthy of investors’ consideration.

Minimum Qty. Required ? CGE is a large volume discounter of widely traded products. We search the nation and guarantee the lowest prices. Our Minimum Bullion order Is $50,000 that can be split over 2 items only. PCGS and NGC rare coins require a $50,000 purchase of any coinage.

About CGE Pricing ? CGE checks the other major discounters to find the lowest selling price of your selected items and then we beat the quotes. When you sell you search for the highest buy-back and we beat it. Call 800-300-0715 to save.

Or Call
Bank/Dealer 214-390-9938
Investors 800-300-0715

Discover How To Cut Out The Middleman & Buy Direct


    Get Our Award Winning Reports

    Get My Free Reports

    $500 Cash Rebate Program on Select US Mint Products

    Fund your gold IRA by 9/1/2015 and you'll receive up to $500 cash back.

    Callers receive expedited service and a free CGE golf cap.

    Call 1-800-300-0715

    No thanks

    The Certified Gold Exchange has suspended all walk in visitors until further notice because of our staff reluctance to be vacinated. Most team members are working from their homes and may meet with clients at their sole discretion.

    To learn more about our policies on this matter, please call
    1-800-300-0715 Ext. 303. Thank you.


    Investor ToolsPlease choose the following info

    • Super Cycle
    • AF
    • Stocks
    • Bail-Ins
    • FDIC
    • MyRA
    • US Debt
    • AESP
    • ShadowStats
    • Silver
    • SDIRA
    • KT Fees
    • Roth Conversion Calculator
    • Roth IRA's
    • PBC
    • BBB

    Cut Out The Middleman And Buy Direct


      Request a Call
      Please complete the following info

      America’s Trusted Source For Gold