1923 Peace Dollar

The 1923 Peace Dollar is a significant piece of American numismatic history, representing a period of post-war optimism and the pursuit of international peace. Designed by Anthony de Francisci, the Peace Dollar was minted from 1921 to 1935 and commemorates the conclusion of World War I. Its obverse features a radiant depiction of Liberty, wearing a crown of rays inspired by the Statue of Liberty, while the reverse showcases a perched bald eagle clutching an olive branch, symbolizing peace.

The 1923 Peace Dollar is composed of 90% silver and 10% copper, weighing 26.73 grams with a diameter of 38.1 millimeters. It was struck at three mints: Philadelphia (no mint mark), Denver (“D”), and San Francisco (“S”). The Philadelphia mint produced the largest quantity of Peace Dollars in 1923, making it the most common of the three for that year. Despite its higher mintage, well-preserved examples in Mint State grades, particularly those certified by CAC, are highly desirable to collectors for their historical and aesthetic appeal.

The Peace Dollar series marked a departure from the more militaristic designs of earlier coins, with its motifs emphasizing hope and renewal. The 1923 Peace Dollar in the photo is graded MS63 by CAC, reflecting its excellent condition with attractive luster and minimal surface marks. This coin embodies the spirit of an era defined by progress and prosperity and remains a timeless artifact for collectors and enthusiasts alike.