Dollar · 1921–1935

Peace Dollar

Liberty's left-facing head wearing a spiked radiate crown, modeled on the designer's wife, Teresa de Francisci. A calm eagle perched on a rocky crag clutching an olive branch, with sun rays below and the word PEACE on the rock.

Designer
Anthony de Francisci
Diameter
38.1 mm
Edge
Reeded
Mint mark
Reverse (back), lower left below the word ONE, near the eagle's wing

Composition

1921–1935: 90% silver, 10% copper · 26.73 g Silver
Did you know? The Peace dollar was created to commemorate the end of World War I — it's the only U.S. circulating coin with the word PEACE on it.
Beginner tip: Check the date first: 1921 Peace dollars were struck in dramatic high relief for one year only and always carry a premium over later dates.

Key dates to look for

1921 Peace

$125+ in circulated grades

First-year, one-year-only high relief design

1928 Peace

$300+ in Good condition

Lowest mintage of the series at 360,649

1934-S Peace

$75+ worn, $1,500+ near uncirculated

Affordable worn but a famous condition rarity near mint state

Valuable varieties & errors

1934-D Doubled Die Obverse

scarce
$50 – $2,000+

A misaligned hubbing at Denver doubled the obverse design on some 1934-D dies. It is the best-known doubled die of the Peace dollar series and is recognized by the major grading services.

How to check: With a loupe, check the obverse lettering in the motto IN GOD WE TRVST (yes, the U is styled as a V) and the rays of Liberty's crown. On the doubled die the letters and ray tips show clear separated doubling rather than flat smearing.

Error types found on this series

Real photos where available (credits); others are illustrations.

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