We are offering a 1934 peace silver dollar. The coin has no trace of wear; we believe this to be an uncirculated coin. The details are full and sharp. The mint luster is full. There is extensive toning on both sides of the coin.
The Peace dollar is a US silver dollar coin minted from 1921 to 1928, and again in 1934 and 1935. Designed by Antony di Fransici, the coin was the result of a competition to find designs emblematic of peace. Its obverse represents the head and neck of the Goddess of Liberty in profile, and the reverse depicts a bald eagle at rest clutching an olive branch, with the legend "Peace". It was the last United States dollar coin to be struck for circulation in silver. With the passage of the Pittman Act in 1918, the US mint was required to strike millions of silver dollars, and began to do so in 1921, using the Morgan Dollar design. Numismatists began to lobby the Mint to issue a coin that memorialized the peace following World War 1; although they failed to get Congress to pass a bill requiring the redesign, they were able to persuade government officials to take action. The Peace dollar was approved by Treasury Secretary Andrew Mellon in December 1921, completing the redesign of United States coinage that had begun in 1907. The public believed the announced design, which included a broken sword, was illustrative of defeat, and the Mint hastily acted to remove the sword. The Peace dollar was first struck on December 28, 1921; just over a million were coined bearing a 1921 date. When the Pittman Act requirements were met in 1928, the mint ceased production of the coins, but more were struck during 1934 and 1935 as a result of further legislation. In 1965, amid much controversy, the Denver mint struck over 316,000 Peace dollars dated 1964, but these were never issued, and all are believed to have been melted.
T-2 - GMMMX - 3/13 - S65 - BC4/21
DISCLAIMER: Please examine the photos carefully and purchase based on the condition you see and believe the item is. We do not offer any of our currency or coins that are raw with grades, we offer them only with photos and our asking price. We will state our opinion, but, you be the judge of the quality of our raw currency and coins. We will not specify or guarantee a grade unless the coin or currency has been professionally graded by PCGS, NGC, or PMG. Further, we do not guarantee any raw coin or currency to meet any specific grade by any other standards.