1924-P Peace Silver Dollar NGC/PCGS MS64

High Quality, Low-Mintage 1924 Peace Silver Dollars From The Mother Mint

When the Peace Silver Dollar was first struck in 1921, it was intended to be a one-year only issue to celebrate the end of World War I and the new worldwide peace. But the public loved it, so the coin—the last series of Silver Dollars struck in 90% silver—wound up being minted for a total of ten years. This Peace Silver Dollar from 1924 was minted at the “Mother Mint” in Philadelphia, the mint that struck nearly 52 million Morgans in 1922 and nearly 31 million Morgans in 1923, but only a little over 11 million in 1924.

The Designer Of America’s Fabled Peace Dollar

Boasting one of America’s most classic designs, the Peace Silver Dollar was designed by 33-year-old Italian-American sculptor Anthony De Francisci, who used his wife, Teresa Cafarelli, as his model for Lady Liberty. The design presents Lady Liberty wearing a crown of rays on the obverse while the reverse features an eagle holding the olive branches of peace, rather than the typical olive branches and arrows of war. The coin’s original reverse showed an eagle breaking a sword to symbolize disarmament at the end of the war. Mint officials were concerned this depiction would signify defeat and had the sword removed. The result was a beautiful symbol of peace for the ages!

Choice Uncirculated Peace Dollars From Philadelphia

Due to heavy usage during the Great Depression and numerous melts in the years that followed, the number of remaining coins is significantly less than when they were issued. So, if you were lucky enough to have a low-mintage 1924 Peace Dollar back then, it’s likely you would have spent it on bread, milk, or gas. They bought a lot. And they were used over and over again until they wore out. But here you can get a specimen that never suffered the clink and clang of circulation and is available here graded by either the Numismatic Guaranty Company (NGC) or the Professional Coin Grading Service (PCGS) as being in Choice Uncirculated Mint State-64 (MS64) condition ago.

Three times fewer Peace Dollars were struck for circulation than their older silver sibling, the Morgan. But, as the heir to the throne, this 1924-P Silver Dollar is one that no Morgan collection should be without! Act now! These won’t last!

COIN HIGHLIGHTS:

• A BEAUTIFUL COIN RICH IN SYMBOLISM – The Peace Dollar is a true American symbol of peace. Fascinated by the Statue of Liberty, designer Anthony De Francisci’s obverse presents Lady Liberty wearing a crown of rays, like that on the Statue of Liberty. The reverse features an eagle holding the olive branches of peace, rather than the typical olive branches and arrows of war.
• STRUCK IN GLEAMING SILVER – These Peace Silver Dollars were struck by the U.S. Mint in 26.73 grams of highly pure 90% fine silver and measure 38.1 mm in diameter.
• LEGAL-TENDER U.S. COINAGE – These coins were $1 legal tender in the United States and circulated widely during the Roaring ’20s and Depression-era ’30s.
• CHOICE UNCIRCULATED CONDITION – Your 1924-P Peace Silver Dollar will come graded by either the Numismatic Guaranty Company (NGC) or the Professional Coin Grading Service (PCGS) in Choice Uncirculated Mint State-64 (MS64) condition. Grading service will vary.
• LOW-MINTAGE 1924 PEACE DOLLARS – These Peace Dollars are from 1924—a year which saw much lower mintages than previous years, dropping from 84.3 million and 56.6 million coins in 1922 and 1923, to just 13.5 million in 1924.
• THE CASE OF THE DISAPPEARING PEACE DOLLAR – Despite millions of Peace Silver Dollars being struck from 1921 to 1935, most were lost in circulation or melted down in mass silver meltings. In fact, coin experts believe that only 16% of all Peace Dollars remain in existence today!

Here’s your chance to begin or add to your Peace Silver Dollar collection with a low-mintage Peace Silver Dollar! Click it to your cart today!