Greysheet Catalog Details (GSID: 72407)
The Peace dollar, designed by Anthony de Francisci, was minted from 1921 through 1935 and replaced the long-running Morgan dollar. While not nearly as popular as its famous predecessor, the Peace dollar maintains a sizable and loyal base of collectors who find the coin's beauty, relatively short production run, and few expensive key dates attractive attributes.

The scarcest regular-issue Peace dollar is the 1928, which serves as the series key. Meanwhile, the 1934-S is challenging in all grades and relatively rare in upper circulated and uncirculated condition. The 1921 is a scarce first-year coin and the only regular-strike issue in the series boasting a high-relief strike. Various accounts indicate some 35,000 high-relief 1922 Peace dollars were struck but virtually all melted after die breakage problems proved too daunting to overcome. One high-relief 1922 Peace dollar is known in VF, though this may actually be a circulated high-relief proof specimen, of which there are about 10 known specimens. All of these high-relief 1922 Peace dollars trade for high-five and low-six-figure sums.

The most common Peace dollars are circulated low-relief specimens from 1922 and all 1923, 1924, 1925, and 1926 issues. Later issues are better dates. All Peace dollars, including the more-common mid-1920s dates, are exceedingly scarce in grades of MS66 or MS67.
Obverse: Portrait of a crowned Liberty featuring the word LIBERTY at the top periphery. The motto IN GOD WE left of Liberty's neck and TRUST to the right. The date in centered at the bottom.
Reverse: Perched eagle standing on a rock facing the right with UNITED STATES oF AMERICA and E PLURIBUS UNUM at the top periphery. The denomination of ONE DOLLAR left and right of the eagle's tail and the word PEACE at the bottom. Mintmark, if any, appears below the word ONE on the left side.

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