Peace Dollar

Brief Description

The reverse of the Peace Dollar features a bald eagle perched on a rock with 'PEACE' below it. Rays of sun emanate from behind the eagle. Inscriptions include 'UNITED STATES OF AMERICA', 'E PLURIBUS UNUM', and 'ONE DOLLAR'. The specific coin in the image appears to have a hole drilled through the eagle's perch and the rock, indicating post-mint damage, and the date is not clearly visible but is within the Peace Dollar series.

Historical Significance

The Peace Dollar was minted to commemorate the end of World War I and represent the era of peace that followed. It was the last U.S. dollar coin to be struck for circulation in silver. Its design by Anthony de Francisci was chosen through a competition.

Estimated Value

The value of this particular coin is significantly diminished due to the hole drilled through it. While an intact Peace Dollar (depending on the year and condition) can range from $25 for common dates in low grades to thousands for rare dates and high grades, a holed coin primarily holds its bullion value. Given the current silver spot price, the silver content of this coin is approximately $18-$20, but its numismatic value is close to zero, perhaps a few dollars above bullion for collectibility despite the damage.

Care Instructions

Generally, for coins, it's best to handle them by their edges to avoid transferring oils from your skin, which can cause damage over time. Store them in inert holders (flips made of Mylar, not PVC) or albums designed for coin storage. However, for a coin with significant damage like a hole, extensive care may not be necessary if its value is primarily bullion-based. Avoid cleaning the coin, as this can further decrease any remaining numismatic value.

Created At: 2025-10-29T20:42:12.108995