The 1921 PEACE DOLLAR is one of the most important silver coins in U.S. history. It was the first in the Peace Dollar series, replacing the Morgan Dollar. The U.S. Mint introduced it to mark the end of World War I and symbolize hope for peace. With its high-relief design, low mintage, and historical value, it is highly sought after by collectors.
The 1921 PEACE DOLLAR stands out due to its deep, sculpted details. Lady Liberty appears on the front, while the reverse features an eagle holding an olive branch. Because of minting challenges, production was limited, making this coin rare and valuable.
HISTORY OF THE 1921 PEACE DOLLAR
The U.S. Mint replaced the Morgan Dollar with the 1921 PEACE DOLLAR to honor peace after World War I. A design competition led to Anthony de Francisci winning with his striking Liberty design, inspired by his wife.
The coin was minted in high relief, creating deep, detailed features. However, this design made production difficult, slowing minting. In 1922, the relief was lowered for easier production, making the 1921 PEACE DOLLAR unique as the only high-relief issue.
DESIGN AND FEATURES
OBVERSE (FRONT)
- Lady Liberty with flowing hair and a radiant crown.
- “LIBERTY” and “IN GOD WE TRUST” inscribed.
- 1921 at the bottom.
REVERSE (BACK)
- Bald eagle on a rock, holding an olive branch.
- “PEACE” inscribed below.
- “UNITED STATES OF AMERICA”, “E PLURIBUS UNUM”, and “ONE DOLLAR” around the design.
EDGE
- Reeded edge for a classic finish.
The high-relief detail makes the 1921 PEACE DOLLAR one of the most stunning U.S. coins.
RARITY AND VALUE
The 1921 PEACE DOLLAR was only minted in Philadelphia, with 1,006,473 coins produced. Due to its high-relief strike, many coins have weak details, making well-preserved ones more valuable.
Its rarity and historical significance make it a prized piece for collectors. Coins in good condition can sell for hundreds, while high-grade specimens fetch thousands.
CONCLUSION
The 1921 Peace Dollar is more than just a coin—it’s a piece of history. With its rare high-relief design, low mintage, and historical significance, it remains one of the most valuable silver dollars. Whether you are a collector, investor, or history enthusiast, owning a 1921 Peace Dollar is a great way to connect with the past while securing a valuable asset for the future.
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