The Denver Mints Final Peace Dollar: The 1934
History was made in 1934, when America's last 90% Silver Dollars were struck for circulation at the iconic Denver Mint. With the market for silver being so volatile today in 2016, the handful of vintage classics we just came across certainly won't last long. Check out these iconic Denver Mint Silver Dollars before they are gone for good.
No Congressional Approval? No Problem!
The Peace Dollar was issued without congressional approval under the terms of the Pittman Act of 1918. The act referred to a bullion dollar being created, but did not specify the design. Coin collectors lobbied the Mint to issue a coin that memorialized the peace following World War I. Congress would not pass a bill requiring a design change (the Morgan was the last released), but they were able to persuade government officials to take action.
The original design of the Peace Dollar was in high-relief. The images of Liberty and Majestic Eagle were created higher than traditional coins, but after only a month the design was re-worked. The coins wouldn't stack properly, creating an issue for merchants across the country. The design incorporated the word "In God We Trust" like all U.S. coins...but the word "Trust" was spelled "Trvst" - the letter V for victory in WWI.
The End of the Silver Dollar Era
The Peace Dollar was rushed into production in the closing weeks of 1921 to commemorate the end of World War I (then commonly referred to as the "Great War"). The design features a proud presentation of Lady Liberty donning a crown of light with a perched American Bald Eagle watching a sunrise on the reverse. In a sign of remembrance, designer Anthony di Francisci emblazoned the gorgeous design with the phrase "Peace." While extremely popular in their initial release, the later dated Peace Dollars failed to see much circulation and as a result minting was subsequently ended in 1935.
This became significant with the passing of legislation to create the Eisenhower Dollar in 1971 - the first ever U.S. dollar struck in "clad" - a mixture of copper and nickel. The 1935 Peace Dollar became the last ever circulated silver dollar the United States Mint would ever produce, ensuring them a special place in everyone's collection.
The Mile High Mint's Last 90% Silver Dollar
The Denver Mint's final Silver Dollar is one of the most sought after Peace Dollars in the entire collection. In fact, with a mintage of just 1,595,500 it is one of the rarest Denver Mint Peace Dollars ever produced. Due to their rarity, many of these coins are simply unattainable to the average collector in Uncirculated condition due to the steep price-point that comes with such a desired piece.
Our "Super Sliders" are something special...while technically in AU (About uncirculated) these coins are truly the best of the bunch! Even to an experience collector these coins would look just like their uncirculated counterparts with the naked eye. That's right, you would need to get a magnifying glass to even tell the difference between one of our 'Super Sliders' and a regular uncirculated coin.
Each of our 1934 Denver Mint Peace Dollars are in absolutely stunning Super Slider condition and will arrive encapsulated and in a custom display pouch.