



Secure your Random Year Peace Silver Dollar VF Silver Coin and grow your wealth today!
The 1918 Pittman Act instructed the U.S. Mint to melt up to 350,000,000 silver dollars into bullion and to use the proceeds to purchase bullion to coin a like number of coins. The melt bullion was sold to England at $1 per ounce, and then newly mined silver was purchased from U.S. silver mines at $1 per ounce. This was above the market selling price of silver and acted as a federal subsidy to the silver mining industry. It appears that cronyism never goes out of style!
Coinciding with the passage of the Pittman Act, a movement started to issue a coin to commemorate the peace after WW I, and that such a victory coin be "issued in such quantities it will never become rare".
Production of the Morgan dollar re-started in 1921 as called for by the Pittman Act, and a competition was held to find it's replacement. The winner of the competition was Anthony de Francisci, who used his wife Tereas as his model. The obverse features Lady Liberty with a crown meant to resemble that on the Statue of Liberty. The studio window was open when de Francisci worked, hence the blowing hair of Lady Liberty on the coin.
The Peace dollar was minted from 1921-1928, as well as 1934-35. It was the last regular production dollar struck in silver. The Peace dollars were produced with ninety percent silver and ten precent copper in order to conform with the coinage act of 1837. In 1962 a silver certificate was partially redeemed for an uncirculated Morgan dollar, which set off a firestorm of interest in redeeming silver certificates to the US Treasury. Demand was huge, with some in lines pushing wheelbarrows. Several million uncirculated Morgan and Peace dollars were eventually discovered in vaults and sold off to the public.
These Peace dollars are average circulated coins, rated as very fine. The coin shows moderate to minor wear only on the highest parts of the design where a slight flatness is beginning to show. The overall condition of the coin is pleasing and attractive. We have limited numbers of these available.
Established in 1792 as the first national mint in the United States, the United States Mint is a bureau of the Department of the Treasury responsible for official legal tender coinage and precious metals bullion production. The United States Mint has a mission to serve Americans as the sole manufacturer and distributor of circulating currency coins. The U.S. mint also produces commemorative coins for collectors, silver and gold bullion coins for investors (such as the popular Eagle and Buffalo series), as well as Congressional Medals.
Secure your Random Year Peace Silver Dollar VF Silver Coin and grow your wealth today!
CARACTÉRISTIQUES DE LA PIÈCE
*Ships individually in protective packaging
*Consisting of 0.7734 oz of 900 Fine Silver
*Obverse: Features Lady Liberty with a crown meant to resemble that on the Statue of Liberty
*Reverse: Features a depiction of an intricate American Eagle perched atop a rocky outcrop holding an olive branch as the sun rises across the coin's field, the inscriptions "UNITED STATES OF AMERICA," "E PLURIBUS UNUM," "ONE DOLLAR", and "PEACE"
La loi Pittman de 1918 demandait à la Monnaie américaine de fondre jusqu'à 350 000 000 dollars d'argent en lingots et d'utiliser le produit de la fonte pour acheter des lingots afin de frapper un nombre équivalent de pièces. Les lingots fondus ont été vendus à l'Angleterre à 1 $ l'once, puis l'argent nouvellement extrait a été acheté dans les mines d'argent américaines à 1 $ l'once. Ce prix était supérieur au prix de vente de l'argent sur le marché et constituait une subvention fédérale à l'industrie minière de l'argent. Il semble que le copinage ne soit jamais démodé !
Peu après l'adoption de la loi Pittman, un mouvement commence à émettre une pièce commémorant la paix après la Première Guerre mondiale. Il a été dit qu'une telle pièce de la paix devrait être « émise en de telles quantités qu'elle ne deviendrait jamais rare ».
La production du Dollar Morgan a repris en 1921, conformément à la loi Pittman, et un concours a été organisé pour trouver son remplaçant. Le gagnant du concours fut Anthony de Francisci, qui a utilisé sa femme Teresa comme modèle. L'avers représente Dame Liberté portant une couronne censée ressembler à celle de la Statue de la Liberté. La fenêtre du studio était ouverte lorsque de Francisci travaillait, d’où les cheveux de Dame Liberté volant au vent sur la pièce.
The Peace dollar was minted from 1921-1928, as well as 1934-35. It was the last regular production dollar struck in silver. The Peace dollars were produced with ninety percent silver and ten precent copper in order to conform with the coinage act of 1837. In 1962 a silver certificate was partially redeemed for an uncirculated Morgan dollar, which set off a firestorm of interest in redeeming silver certificates to the US Treasury. Demand was huge, with some in lines pushing wheelbarrows. Several million uncirculated Morgan and Peace dollars were eventually discovered in vaults and sold off to the public.
These Peace dollars are average circulated coins, rated as very fine. The coin shows moderate to minor wear only on the highest parts of the design where a slight flatness is beginning to show. The overall condition of the coin is pleasing and attractive. We have limited numbers of these available.
À PROPOS DE LA MONNAIE DES ÉTATS-UNIS
Créé en 1792 en tant que premier hôtel des monnaies des États-Unis, la Monnaie des États-Unis est un bureau du département du Trésor chargé de la frappe des pièces ayant cours légal et de la production d'articles d'investissement de métaux précieux. La Monnaie des États-Unis a pour mission de servir les Américains en tant que seul fabricant et distributeur de pièces de monnaie en circulation. La Monnaie des États-Unis produit également des pièces commémoratives pour les collectionneurs, des pièces d'investissement en or et en argent pour les investisseurs (telles que les séries populaires Aigle et Bison), ainsi que des médailles du Congrès.