From the last year of the initial run of Peace dollars comes this silver coin, from 1928. It's brought to you by the U.S. Gold Bureau. Initially put into production from 1921 to 1928, the peace dollar was brought back for a short time in 1934 to 1935. Because of the Pittman Act, the U.S. Treasury was required to make millions of silver dollar coins. First they just started making Morgan dollars. But later on in 1921 they started producing what we now call the Peace dollar. The whole design of it came about because of a competition started by the Mint. Originally the winning design of the coin had a broken sword included, but this was left off the final strike as it was seen to represent defeat. The Peace dollar was officially approved December of the year 1921. It began production that very month at the Philadelphia Mint.
Though this coin won't be from the year 1921 (only about a million were minted during the one month that year) it is still a fantastic example of the Peace dollar. As was stated before, Anthony de Francisci, in the original design of the coin, tried to put a broken sword on the reverse. Of course this was deemed inappropriate by the public and critics who thought it drew negative connotations. In the end the reverse of the coin simply showed an eagle perched, with sun rays streaming out from behind it. The 26.73 gram coin shows the Goddess Liberty on the obverse side. She is in profile and her hair is seen slightly blowing in the wind. This 38.1 millimeter in diameter coin was struck in Philadelphia, Pennsylvania at the mint there. As a result, it won't feature a mint mark, since coins minted at the Philadelphia Mint don't show one.
This Peace dollar was from 1928, the last year that the Peace dollars were produced during their initial run. Of course, just six years later the coin came back for two short years. Indeed, the years 1934 and 1935 also saw a silver dollar American coin in circulation and production. Whether you're a fan of collectible coins or you're an investor looking for the right pieces of old currency to help diversify your portfolio, this Philadelphia minted Peace dollar should check all the right boxes. It's primarily made from silver, it has a certain scarcity, and it carries a respectable grade from the PCGS of MS63. Grab this silver dollar today before our stock runs out.