I try to honestly describe everything I sell, but
please view the pictures and grade for yourself. No warranties are expressed or
implied in my opinion of the grades, grading is an art, not a science. Several
subjective factors of personal preference may be considered different by
others. These include color, toning, strike, blemishes, and overall eye appeal.
It is possible that two people will not always grade the same item alike. Also,
as market conditions change, grading standards change, and will most likely
continue to do so in the future. Each Bidder's own examination of the item(s)
is the criterion and not the grade represented by another.
Design
Anthony de Francisci's
design featured his rendition of Lady Liberty on the obverse. His wife, Teresa,
was the model for the sculpture. The font used is an example of the
then-popular Art Deco style. This is exemplified by the inscription, "IN
GOD WE TRVST," which uses the Latin angular "U".
The original design for the coin's reverse featured a Bald Eagle holding (or
standing on) a broken sword, symbolizing peace. This design was interpreted as
one of defeat, rather than peace, so Chief Engraver Morgan altered the design
to replace the sword with an olive branch (itself a symbol of peace). The
eagle is perched on a rock, facing a group of the sun's rays.
The design of the Peace Dollar drew considerable criticism upon its release. A
few of the elements of de Francisci's design that drew negative commentary were
the open-mouthed Lady Liberty and the Latinized spelling of "trust."
The negative response was sufficient enough that the US Mint issued a statement on
February 9, 1922, stating that the coin would not be withdrawn. In recent
years, however, coin collectors have come to view the Peace Dollar as an
attractive and desirable coin.
RARE AMERICAN PEACE DOLLAR
VALUE : ONE DOLLAR [ 1US$ ]
ISSUED YEAR : 1923 AD
MINT : "P" { Philadelphia}
DESIGN BY : ANTHONY DE
FRANCISCI
COMPOSITION : 925 SILVER
WEIGHT : 27 grms Aprrox
DIAMETER : 38.1 mm
THICKNESS : 2.9 mm
EDGE : REEDED
Condition: As Per Scan
INDIA
Importance
- It looks gorgeous. A nice piece of Silver PEACE Dollar from U.S.A to collect and own. As you Know Silver Price is Going Very High Day By Day & it is Scare and great
Investment Don't miss it!
100% GENUINE & AUTHENTIC
YOW WILL GET SAME COIN AS SEEN
IN THE PICTURE
Peace Dollar (1921 - 1928)
The peace
dollar is a silver United
States dollar coin minted from 1921 to 1928,
then again in 1934 and 1935. Early proposals for the coin called for a
commemorative issue to coincide with the end of World War I, but the Peace
Dollar was issued as a circulating coin.
Designed by Anthony de Francisci, the Peace Dollar was so named because the
word PEACE appears on the bottom of the coin's reverse. It contains 0.77344
troy ounces of silver, and was the successor to the Morgan Dollar, which had
not been regularly minted since 1904. With the passage of the Pittman Act in
1918, the mintage of dollar coins was enabled to start again. Prior to the
design and acceptance of the Peace Dollar, the Morgan Dollar was minted again
in 1921.
After a six-year pause in minting, the Peace
Dollar was again minted in 1934 and 1935. It was minted briefly in
1965 (dated 1964), but all examples of this issue were never released to the
public and were melted. The Peace Dollar is the last silver dollar minted for
circulation in the United
States. HISTORY
The original inspiration for the Peace Dollar was a paper published in the
November 1918 issue of The Numismatist. In it, editor Frank G. Duffield called
for a commemorative coin to mark the impending end of World War I. The paper
was to be presented at the summer 1918 convention of the American Numismatic
Association (ANA), but the convention was canceled due to the Spanish flu
pandemic.Duffield's paper stated that:
"An event of international interest, and one worthy to be commemorated by
a United States coin issue, is scheduled to take place in the near future. The
date has not yet been determined, but it will be when the twentieth century
vandals have been beaten to their knees and been compelled to accept the terms
of the Allies... It should be issued in such quantities that it will never
become rare, and it should circulate at face value."
The theme for the proposed coin was elaborated upon at the Chicago ANA convention of August 1920. A
paper written by Farran Zerbe called for a coin that would showcase the ideals
of democracy, liberty, prosperity, and honor. The proposal called for either a
half dollar or dollar, in order to provide as much space as possible for the
design.
Return of the silver dollar
The biggest hurdle faced by proponents of the new coin was that no dollar coin
had been minted for circulation in the United States since 1904, the last
year of the Morgan Dollar. The demand for silver dollars was so low that vast
quantities of Morgans were still sitting in bank vaults.That hurdle was
overcome with the passage of the Pittman Act on April 23, 1918. Sponsored by
Nevada Senator Key Pittman, the Pittman Act allowed the US government
to melt as many as 350 million silver dollars, and then either sell the bullion
or use it to produce subsidiary silver coinage. Additionally, the law required
the government to mint replacement dollars for any that were melted, with
domestically purchased silver.
Since the Act required the minting of new silver dollars, and since no new
designs had been accepted, on May 9, 1921, the US Mint resumed production of the
Morgan Dollar. More than 86 million Morgans were struck during that year, by
far the single highest mintage in the coin's history. The same day that mintage
of the Morgan resumed, legislation was introduced in the US Congress that
called for the issuance a new silver dollar to commemorate the post-World War I
peace. The measure did not come to a vote, but one was not needed. Since the
Morgan had been in production (during its original run) for more than 25 years,
alteration of the design no longer required legislative approval.
The job of designing the new coin would normally have fallen to George T.
Morgan, the mint's chief engraver and designer of the Morgan Dollar. But in
compliance with an executive order by President Warren G. Harding, an open
design competition for the new dollar was held by the Commission of Fine Arts.
Nine artists paticipated, including Adolph A. Weinman, Hermon A. MacNeil, and
Victor D. Brenner, designers of the Mercury Dime, Standing Liberty Quarter, and
Lincoln cent, respectively. The winner of the competition was an Italian
immigrant and sculptor, Anthony de Francisci, whose most recent work had been
the design of the Maine Centennial half dollar in 1920.
Production of the Peace Dollar commenced on December 21, 1921, and it was
placed into circulation on January 3, 1922[5]. That same day, President Harding
was presented with the first Peace Dollar Roughly one million examples were
struck before it was realized that the relief on the coin was so high that it
was difficult to strike, and the dies used were breaking at a high rate. The relief
was lowered starting with the 1922 issue. That year more than 84 million Peace
Dollars were struck, the highest mintage of the series.
End of production
By 1928, the US
Mint had struck enough silver dollars (Morgan and Peace combined) to satisfy
the requirements of the Pittman Act. Since public demand for silver dollars did
not materialize, the mint halted production of the Peace Dollar that year (with
fewer than two million struck). The Peace Dollar returned briefly in 1934 and
1935, as the government needed additional backing for Silver Certificates.
The coin almost made a return in 1964, when Congress approved the mintage of 45
million new silver dollars to fulfill the needs of the booming casino industry
in Nevada.The decision was controversial due to a critical silver shortage in
1965, which led to widespread hoarding of silver coinage. In response to the
shortage, Congress passed the Coinage Act of 1965, which authorized the removal
of silver content from circulating coinage (except for the Kennedy half dollar)
minted after December 31, 1964. But under pressure from some members of
Congress from the Western states, President Lyndon B. Johnson issued an order
on May 15, 1965 to resume production of the Peace Dollar (dated 1964 to allow
silver to be included). 316,076 Peace Dollars were struck at the Denver mint that month,
before Congress overrode the Presidential order and demanded that production
cease. All the coins produced to that point were ordered to be melted. Although
rumors persist that some examples still survive, owning them is illegal, making
it unlikely that anyone who does own one will ever come forth publicly.
Production of dollar coinage did not resume until the Eisenhower Dollar in
1971. That coin, however, has no silver content, except for some sold directly
to collectors by the Mint. Likewise, the Susan B. Anthony, Sacagawea dollars,
and Presidential dollars that have been minted since the Eisenhower dollar
contain no silver, making the Peace
Dollar the last true silver dollar
Shipments
Shipment will be done in
mostly 24 to 48 hours after receiving the confirmation on payment.
We
send it through Indian Post.They are the Safest,Fastest & Reliable Service
in INDIA.
Delivery
Time
Delivery
time - 24 hours - 48 hours from Indian Post Services All Over in India
Other
regions take MORE THAN 72 hours but we will try to minimize it the best
possible way.
Shipping
Charge any where in India 36.00INR & each additional item 9.00INR
International
Shipping Time It takes Minimum 20 -25 Days from out of India
International
Shipping Charges 4.5 US$ Each Additional Item 0.99 US$
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