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Friday, May 11th 2012

8:55 AM

A silver Peace dollar Coin

1, '22. Since the 1918 Pittman’s Act conditions got satisfied in 1928, no Peace silver Dollars had been made during '29 to '33. Once the line ended during '35 there were 190,577,279 Silver Peace Dollars altogether minted.

The Peace dollar was developed by the young, thirty four year old, Italian immigrant artist Anthony de Francisci in '21. Their timetable was limited for their design contest instead of taking a chance to get a model Anthony de Francisci utilized his spouse, Teressa, as the model for Liberty’s head.
These were all 38.1 mm in diameter, weigh 26.73 grams, made from 90% silver plus 10 % copper, thus having .7734oz of silver, its edge will be reeded.
The obverse has Liberty with the crown of rays, similar to the US' Statue of Liberty’s. Her long locks are " up ", apart from some windblown locks close to Liberty's face. The year encircles beneath her together with “LIBERTY” encompasses on top of. “IN.GOD.WE” appears in the lower section having her neck splitting “TRVST”. This alternative of a “V” as the “U” within trust was a throwback towards the first design which used Roman numbers representing its date. Francisci's mark will be below Liberty’s neck where Liberty's upper arm would be.

The reverse shows an American bald eagle standing upon a rock grasping an olive sprig. The stone has “PEACE” on it. There are solar rays emerging at its lower section, representing dawn. “ONE” runs across its lower 1 / 3 of this coin split up with the eagle and then “DOLLAR”. Around the upper most top side will be “UNITED.STATES.OF.AMERICA” and directly below there's “E.PLURIBUS.UNIM”. The mint mark (“D” for Denver, “S” as in San Francisco, there won't be one for Philly), is underneath the “ONE” and above the bald eagles folded wings.
After the US' lawmakers passed the Pittman Act on 4/23/1918, they committed that they would offer Great Britain up to 350 million silver us dollars out of its Treasury’s reserve of Morgan dollars. The Treasury would be committed to replaced all 270,232,722 Morgan dollars that were melted down and sold. This was 47 % from every Morgan dollars that had been struck. Members of the American Numismatic Association began to push for a dollar silver coin to honor America's wining of the World War I.

The Peace silver Dollar idea took some time to come into being and on 5/9/1921 the US Mint began making its Morgan silver dollar as before. Finally on the 19th of Nov. '21 a competition to get a Silver Peace Dollar commenced having all designs due upon 12/11/1921 and on the 12th Francisci’s creation had been chosen. In the hurry to get the dies ready at its Philadelphia mint adjustments had to be done by Morgan on their master die rollers. The portraits were somewhat tall these had been adjusted during '22 after Philadelphia already made 35,401 Silver Peace Dollars almost all of the high relief coins had been kept and smelted. This Peace Dollar has been the only USA's currency to have “peace” on it. A Peace dollar silver Coinage , The Peace dollar silver Coinage
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Monday, August 8th 2011

4:02 AM

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Monday, August 8th 2011

12:00 AM

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