Peace Dollars were struck from 1921 to 1928, and from 1934 to 1935. The design of the Peace Dollar symbolized the end of World War I, hence their name “Peace Dollars,” and were meant to replace the large number of silver dollars melted and sold to Britain during that war at the behest of the Pittman Act. There are a total of 24 different date and mint mark combinations, with a total mintage of Silver Peace Dollars numbered 190,577,279. The Peace Dollar was minted in the U.S.A. at the Philadelphia, Denver, and San Francisco Mints.
The reverse of the Peace Dollar depicts Lady Liberty by sculptor Anthony De Francisci, who won the design competition basing Lady Liberty’s design on his wife, Teresa. The reverse also includes the inscription, “Liberty, In God We Trust,” and the year minted. Under the neck of Lady Liberty is the monogram for Anthony De Francisci.
The obverse of the Peace Dollar depicts a majestic bald eagle holding an olive branch with the sun’s rays shining in the background. The original design had the eagle perched on a broken sword, but the public was quick to criticize this aspect of the design as implying defeat. The final design removed the broken sword. The reverse includes the inscription, “United States of America, E Pluribus Unum, One Dollar,” and “Peace.”