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Park Avenue Numismatics
5084 Biscayne Blvd, Suite 105
Miami, FL 33137
Toll Free: 888-419-7136

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Park Avenue has over 30 years experience buying and selling Rare Coin and Precious Metals. We have the knowledge and ability to provide our customers with the best products and services.

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Peace Dollar (1921-1935)

Peace Dollars (1921 - 1935)

Peace Dollars (1921-1935) - In 1921, the Silver Peace Dollar was released, the same year the Morgan Dollar was discontinued. Peace Dollars are limited in supply and are very rare Silver coins. Created to celebrate America’s victory in World War I, these Silver coins helped establish the status of the U.S. as a major world power.

The Peace Dollar, minted from 1921-1928 and again in 1934 and 1935 was the last U.S. Silver dollar coin minted for circulation. American Silver dollars, mostly the Morgan dollar, were sold to the British and melted down to support them during World War I. Silver Peace Dollars were minted to replace the Morgan Silver Dollar. These rare Silver coins were designed to be emblematic of peace, but an early design that used a broken sword was dropped because people thought it signified defeat.

Early runs of the Peace dollar were plagued by problems with the die, adding numismatic value to the earlier U.S. dollar coins. Silver Peace dollars from 1934 also have extra collector value because not many were saved. Circulation quality American Silver dollars have not been produced since, adding a sense of history when you hold one of these Silver coins in your hands. Rare Silver coins are a way to view the American story, with lessons in how events such as war and depression affected the coinage of money.

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1934 Peace Dollar MS67 PCGS

Almost a million pieces were struck of the 1934-P, however it is extremely scarce in the better grades of Mint State. Only eleven pieces have been certified by PCGS in MS67 condition, and none are finer. This remarkable rarity has a PCGS market value of $105,000 and most recent auctions have seen prices from $88,000 to $105,000 for CAC examples. The most recent sale reported is $93,000. The obverse and reverse are brilliant with virtually flawless surfaces consistent with the MS67 grade assigned. Strong mint luster with well struck devices. An exceptional 1934 and among the finest known. This Ultra Rarity is for the collector seeking among the finest examples. PCGS Value $105,000 PCGS Population 11/0