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Margarito Burris

A Peace silver dollar Coinage - 0 views

Peace Dollar 1922 1923

started by Margarito Burris on 19 Apr 12
  • Margarito Burris
     
    1, '22. Given that the Pittman's Act conditions had been fulfilled during '28, no Peace silver Dollars had been made in '29 to '33. When this sequence stopped in '35 there were over one hundred ninety million Peace silver Dollars in total struck.

    The Peace dollar had been developed via the youthful, thirty-four year old, Italian emigrant artist Anthony de Francisci in 1921. The schedule was tight for their pattern contest therefore rather than taking a chance to get a model Anthony de Francisci used his wife, Teressa, to be his muse for Liberty's head.
    These were all 38.1mm in diameter, weigh 26.73 grams, composed of 90% silver and 10 % copper, thus possessing .7734 ounces of silver, its edge will be reeded.
    Its obverse shows Liberty with a crown of rays, similar to the Statue of Liberty's. Liberty's long locks are " up ", apart from some windblown hair about Liberty's face. Its mintage encircles underneath Liberty together with "LIBERTY" encircles on top of. "IN.GOD.WE" appears on its lower section having her throat separating "TRVST". The substitution having the "V" for "U" in 'trust' was a homage to the first design that utilized Roman numerals for its year. The designer's initials is under her throat where Liberty's upper arm could have been.

    Its tails shows a eagle standing upon a rock clutching an olive sprig. This stone displays "PEACE" on it. There are sun rays emerging at the lower portion, representing dawn. "ONE" goes over the lower third of this coinage divided with this bald eagle and then "DOLLAR". Encompassing its very apex side will be "UNITED.STATES.OF.AMERICA" then underneath there's "E.PLURIBUS.UNIM". The mint mark ("D" for Denver, "S" as in San Francisco, and nothing if its from Philly), will be underneath its "ONE" yet higher than the bald eagles wing feathers.
    When the United States' lawmakers passed its Pittman Act on 4/23/1918, they decided that they would offer Great Britain as much as 350.000.000 silver dollars out of the Treasury's reserve of Morgan dollars. Its Mint was then committed to replaced all 270,232,722 Morgan dollars that were smelted and traded. It was forty-seven percent from every Morgan silver dollars which was made. Individuals within the ANA started pushing to get a dollar silver coin to observe America's victory regarding Europe's Great War.

    The Peace Dollar concept took some time to materialize and on the 9th of May '21 the US Mint went about minting its silver Morgan dollar once more. At last upon the 19th of Nov. '21 a competition to get a Peace Dollar commenced having all designs due on the 11th of Dec. the following day Francisci's design had been chosen. During their rush to get the dies set at its Philly mint alterations were made by Morgan upon their master die drums. These reliefs were a bit tall ,they had been adjusted during '22 after Philadelphia had struck over thirty-five thousand Peace silver Dollars virtually every one of the high relief coins were retained and smelted. The Peace Dollar is the only USA's currency possessing "peace" issued. A Peace dollar silver Coin

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