The Peace dollar is a United States dollar coin. Peace Dollars are limited in supply and are very rare Silver coins. Created to celebrate America’s victory in World War I and commemorate the peace treaty made between the United States and Germany after the war. These Silver coins helped establish the status of the U.S. as a major world power. The Peace Silver Dollar is a coin with a rich history that dates back to the trenches of World War I and continues in the popularity of the pieces on the modern market. l. Minted from 1921 to 1928, and again in 1934 and 1935. It was released the same year the Morgan Dollar was discontinued. Designed by Anthony de Francisci, the coin was the result of a competition to find designs emblematic of peace. Its obverse Miss Liberty is facing left, wearing a diadem of spikes. LIBERTY is above, while GOD WE TRUST and the date are below. The reverse depicts a bald eagle at rest clutching an olive branch with the word PEACE inscribed below. Rays of the hidden sun emanate from the lower right. It was the last United States one dollar coin to be struck for circulation in silver.
In 1921, when production of the Peace dollar first began, all coins that year were struck in high relief. In 1922 they began striking normal relief coins until the Great Depression in 1929 caused a halt in production.Then in 1934 minted again through its final release in 1935.