You have probably heard this expression before 'Standing too close to the forest to see the trees'. Well I sometimes think that this must be the case when this coin series is so overlooked by collectors. The entire series has a total mintage of just over a hundred ninety million. It was minted for ten years over a fifteen-year time span. There are Fourteen-year mintmark combinations that have a mintage of less than two million coins, plus one year just barely over two million. Four of these years the mintage is under one million coins minted. Two of the series' three keys are over a million minted. The series contains twenty-four different coins not counting proofs. This United States coin is large, and its' composition is 90% silver and 10% copper. The coin has an actual silver weight of .7736 ounces, even so if you check the 2007 Red book you will find that only four-year/mintmark combination are appreciably higher than their silver value in the grade of Very Fine.

The coin of course is the wonderful Peace Dollar that was intended to celebrate the Peace that came after the First World War. In reality the coin was a direct result of the Pittman act passed in 1918 that required that nearly half of all existing silver dollars be melted and these must be replaced by new dollars. This showed the power of the silver lobby at the time. The coin was minted from 1921 through 1928 when the required number stated in the Pittman act was satisfied. The coin found a new life in 1934 when more silver coins were needed to cover the amount of silver certificates in circulation.

The Coin was designed by Anthony de Francisci and the model for Miss Liberty is believed to be his wife. An attempt to start minting the coin again was made in 1964. There were several hundred thousand Denver coins minted before congress realized the rising price of silver was going to make the dollar a money-losing venture and they changed their minds and ordered them all melted and supposedly they all were. There are those who believe a few 1964-D Peace Dollars still exist and hide outside the US borders, hidden away because they would be illegal to own within US borders.