1935 S Peace Dollar

 Item#: pda41
SKU:
pda41
Price:
$39.99
Prices shown are cash prices. Credit prices show once the item is added to your cart.
Quantity:
Add to wish list
 
Share this: 

1935 S Peace Dollar

The Peace Dollar, minted from 1921 to 1928 and again in 1935, was first envisioned as a coin to commemorate the peace that was a dividend from the end of World War I. The US Mint held a competition to find a suitable design and the winner was Anthony de Francisi. The coin's reverse depicts a Bald Eagle at rest clutching an olive branch, with the legend "Peace". The Peace Dollar was the last US coin to be struck for general circulation in Silver.

With the passage of the Pittman Act in 1918, the US Mint was once again required to strike millions of silver dollars, and began to do so in 1921, initially reusing the Morgan Dollar design. A campaign began amongst numasmitists beseeching the Mint to issue a coin that memorialized the peace following World War I. Whilst they failed to get Congress to pass a bill requiring the redesign they were however able to persuade government officials to take action. The Peace dollar was approved by the Secretary of the Treasury Andrew Mellon in 1921, completing the redesign of United States coinage that had begun in 1907.

The initial design featured a broken sword which the the public initially saw as signalling defeat so in an about face the Mint quickly changed the design removing the sword. The Peace Dollar was first struck on December 28, 1921 with just over a million being struck that year. When the Pittman Act's requirements were fulfilled in 1928  the mint discontinued the Peace Dollar, however subsequent legislation required more coinage in 1934, 1935 and 1964, however the 1964 Peace Dollars were never issued and are believed to have all been melted.

 

 

Find us on facebook
Michiana's Numismatic and Bullion Headquarters.
Paper Money Guaranty
Numismatic Guaranty Corporation

[Most Recent Quotes from www.kitco.com]