Peace Silver Dollar*
The Peace Dollar was minted to commemorate the signing of the peace treaty between the United States and Germany at the end of World War I. Interestingly, this silver coin was created without a new Congressional Act; instead it was minted under the provisions of the Pittman Act that authorized the reissue of the Morgan Silver Dollar in 1921.
Design of the Peace Silver Dollar
The medalist Anthony De Francisci designed the Peace Silver Dollar using his wife Teresa as a model for the personified head of Liberty. Above her head appears the word 'LIBERTY' and beneath sits the date of issue. The motto 'IN GOD WE TRUST' appears around her neck separated between the words 'WE' and 'TRUST'.
The reverse (back) of the coin features a perched eagle on a mountain crag looking off into rays of sunlight. Across the eagle is the dollar denomination. The Mint Mark appears underneath the word 'ONE'. At the top of the coin along the rim lie the words 'UNITED STATES OF AMERICA' above the Latin phrase 'E ' PLURIBUS ' UNUM'.
All Peace Silver Dollars were struck in high relief in 1921, their first year of production. The design was slightly modified in 1922 and normal relief coins were struck later that year. Peace Dollars were struck continuously until the effects of the Great Depression were felt in 1929. The U.S. Mint began producing the Peace Dollar again in 1934, but coins dated 1935 would be the last to see circulation. Peace Dollars were struck in Denver again in 1965, but all were destroyed and none ever reached circulation.
DETAILED COIN INFORMATION
| GROSS WEIGHT | SILVER CONTENT | COMPOSITION | DIAMETER | COIN EDGE | |
|---|---|---|---|---|---|
| 26.73g | 0.77344 oz. | 90% silver, 10% copper | 38.1mm | Reeded |
|
| Dates: 1921-28, 1934-35 | |||||
† Please note that product images are for representative purposes only and do not reflect actual size.
- S&P Capital IQ - Gold: $1,900 (in 2012) "Leo Larkin, metals and mining analyst at S&P Capital IQ, thinks that $1,900 gold might not be that much of a stretch [in 2012]. 'Gold has been ..."
- Citigroup - Gold: $2,300 - $2,400 (by end of 2012) "While we remain cautious on Gold in the near term...we continue to believe that the bull market remains intact...we believe that 2012 may be..."
- Leeb Capital Management - Gold: $2,500 - $3,000 (in 2012) "I'll give you my target for gold at the end of 2012, it's going to be trading somewhere between $2,500 and $3,000. This..."
- Global Hunter Securities - Gold: $1,800 (in 2012) "'What I am looking for is a gold price of $1,800 an ounce in 2012,' says Jeffrey Wright, senior research analyst at Global Hunter..."
- US Global Investors - Gold: $3,600 (by 2017) "'People get so caught up with the next three minutes for gold and they should really be focused on the next three years,' says Frank Holmes, ..."
- Goldman Sachs - Gold: over $1,900 (in 2012) "Wall Street investment bank Goldman Sachs predicts that gold's bull run will continue into 2012 with a low interest rate environment and..."
- CNBC - Gold: $2,400 (no period given) "Gold will top $2,400 an ounce. The long-term bull market in gold marches on. Gold won't make a straight shot to a new inflation-adjusted high. As long..."
- Nomura - Gold: $2,000 (by end of 2012) "Nomura has raised its forecast for gold prices to $2,000 an ounce by the end of 2012, from $1,800 earlier. The brokerage said the low-interest rate..."
- Morgan Stanley - Gold: $2,200 (in first half of 2012) "Gold will lead a rally in commodities in 2012 as Europe's sovereign-debt crisis continues to roil financial markets, spurring demand for ..."
- UBS - Gold: $2,050 average in 2012 "[Gold] remains one of the top commodity picks for 2012 as 'most of the factors that pushed gold higher in 2011 are not going away,' according to UBS..."
- Bank of America Merrill Lynch - Gold: $2,150 - $2,200 (average in 2012) "From a technical perspective we believe that the bull trend for gold remains intact… with gold having not yet met any of..."
- TheStreet.com - Gold: $2,500 (by May 2013) "I want to own gold here. I think gold is going to $2,500 eighteen months from now... Gold has been up for ten straight years and this going to be the..."
