Peace Silver Dollars
Silver Peace Dollars are an affordable option as an precious metals investment, while collecting a piece of Americas rich history.The United States Peace Dollars are patriotic tributes to one of America’s greatest triumphs in the pursuit of liberty, and they also hold the unique distinction of being the last silver dollar struck for general circulation in the United States. Each Peace Dollar is made of .900 fine silver, yielding a total silver content of .77344 troy ounces per coin. In addition to being a coin worth far more in silver bullion content than its stated denomination, the Peace Dollar is also a keepsake of American history. The world’s victory over tyranny during World War I came at grave costs to the United States. Following the year’s of deep and widespread sacrifice, the nation needed to celebrate her victory and honor her fallen heroes. A groundswell began throughout the numismatic community for the introduction of a new coin that would serve as a fitting tribute to the great war effort where so much blood and treasure had been sacrificed for liberty and world peace. As the influential coin expert Farren Zerbe stated in his very influential paper on the topic, Commemorate the Peace with a Coin for Circulation, “...we gave our silver dollars to help win the war; we restore them in commemoration of victory and peace.” In addition to the coin community’s advocacy for a new silver dollar, the Pittman Act of 1918 required the Treasury Department to produce millions of new silver dollars that would replace all the silver coins that had been melted in order to support the great war effort.