The end of WWI signaled the idea for the US Mint to produce a new silver starting in 1921, replacing the Morgan Dollar last minted in 1921. The Pittman Act of 1918 called for the melting of 35 million silver dollars (most where Morgan Dollars) and allowed for an ample amount of silver dollars to be produced. So, in later half of 1921, the Peace Dollar was born thus creating a low mintage year; only 1,006,437 examples of the 1921 Peace Dollar where produced. The 1921 was struck in high relief and often struck with “smashed” like design elements, and well struck examples trade for a premium. In 1922 the die was redesigned to a more normal relief, however, some 1922 high relief examples where minted and are very rare.

The mintage years encompass 1921-1928, then again, from 1934-1935, however, in 1964, 316,076 Peace Dollars where minted at the Denver Mint, but all are believed to have been melted because no examples discovered to date. Since, the beginning, the Peace Dollar languished in even more obscurity than the Morgan Dollar and sat in the mint’s vaults and bank safes for years, until the release of the GSA Morgan Dollars. It was then that collecting the large silver dollars became popular and their popularity has increased every since.

Although, the Peace Dollar has yet to reach the lofty premiums of the Morgan Dollar, they have still come of their own in the collecting market. Increases in premiums have dramatically risen over the years, for most dates, and thanks to the advent of grading services and collecting the high end grades, plus varieity collecting referred to as VAMs, the Peace Dollar is a much more respectible numismatic series than ever before.

If your interested in collecting Peace Dollars or want to learn more about this important historical coin series visit our Peace Dollar Facts Page. Here you will discover links for Peace Mintages and Values with links to images of every date and mint produced. Plus, a Photograde page to learn more about Grading Peace Dollars and comparing your coins to discover their grade.