Olevian Numismatic Rarities
1934 Peace Dollar PCGS Certifed MS64
Product Description
The Peace dollar is often considered the most beautiful silver dollar ever minted by the United States. Following World War I, there was widespread sentiment to issue a coin to commemorate the restoration of peace. At the same, the U.S. Mint was required by the Pittman Act of 1918 to replace over 270 million silver dollars that had been melted. The Federal Commission of Fine Arts held a competition and invited nine medalists to submit designs for the new dollar, including famed artists Victor D. Brenner, Herman A. MacNeil, and Adolph A. Weinman, who had already designed other circulating coins.
The relatively inexperienced winner, however, was Anthony de Francisci—an Italian immigrant who modeled a depiction of Liberty after his young wife Teresa. On this stunning coin, Liberty wears a radiant crown like that worn by the Statue of Liberty, symbolizing the powers associated with the sun. The reverse features a resting eagle clutching an olive branch of peace and looking towards the sun’s rays. The word PEACE appears on a rock below the eagle, making the Peace dollar the only circulating coin in U.S. history to ever to bear that motto. Production continued until the requirements of the Pittman Act were satisfied in 1928. No dollars were minted from 1929-1933, as demand was low during the Great Depression. Limited production resumed in 1934 and 1935 for the redemption of paper silver certificates.
The Peace dollar turned out to be the last true silver dollar ever minted for circulation in the United States. Sadly, its timely end came not 4 years before World War II and the end of world peace. The 1934 Peace dollar offered here is a lustrous mint-state example of the penultimate year of production for this infamous coin.
Product Details
- Measurements
4.5"L x 4.5"W x 1.5"H
- OriginUnited States
— Peace Dollar (1921-1935)
— Designer: Anthony de Francisci
— Weight: 26.73 grams
— Diameter: 38.1 mm
— Composition: 0.900 Silver & 0.100 Copper
— Net Silver Weight: 0.77344 oz Pure Silver
— Obverse Design: Liberty With Radiant Crown
— Obverse Inscription: LIBERTY / IN GOD WE TRVST / DATE
— Reverse Design: Eagle Perched Upon A Rock With Olive Branch In Talons / Sun Rays
— Reverse Inscription: UNITED STATES OF AMERICA / E PLURIBUS UNUM / PEACE / ONE DOLLAR
— Ships In Luxurious Matte Black Wood Box Lined In Velvet With A Certificate Of Authenticity
A Note About Coin Grading & Certification:
This is a certified coin and its quality and authenticity are guaranteed. The condition of a coin is officially graded on a 70-point scale according to standards set forth by the American Numismatic Association. Grades under 60 represent circulated grades, while grades from 60 through 70 represent uncirculated, or “mint-state” grades. Very few, if any, older coins are known to exist in perfect MS70 grade. Analogous to GIA certification for diamonds, independent expert certification services examine coins, certify authenticity, assign consensus grades, and encapsulate them in a sonically sealed, hard plastic holder with grade and unique serial number displayed. The two leading firms, Professional Coin Grading Service (PCGS) and Numismatic Guaranty Corporation (NGC), have become widely recognized for their objective grading practices and high industry standards. They continue to provide reliable consumer protection for rare coin collectors and investors and preserve the integrity of the rare coin industry. A third company, Certified Acceptance Corporation (CAC), also provides secondary verification of previously certified coins. A green oval sticker is applied to those specimens CAC believes meet their strict standards of quality for the certified grade. The coin offered for sale in this listing has been certified by one or more of these leading services so you can be confident in its authenticity and stated condition.
Shipping Information
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Shipping AvailabilityCanada, United States
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Shipping PolicyDiscounted Shipping
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Discounted Shipping$15.00 first item / $15.00 each additional
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Ship In3-4 weeks ⓘ
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Return PolicyFinal sale, not eligible for return or cancellation
Size Chart
