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Us mint mark2/17/2024 Many of the pieces quickly vanished into bank vaults for use as backing for paper currency redeemable in silver coin, known as silver certificates. Morgan, and struck what became known as the Morgan dollar. The Mint used a new design by engraver George T. The Bland–Allison Act, passed by Congress on February 28, 1878, required the Treasury to purchase a minimum of $2 million in domestically mined silver per month and coin it into silver dollars. Mint produced a special 2021 issue Peace Dollar to celebrate the design’s 100th anniversary, with minting of the coins to continue from 2023 onwards.īackground and preparations Statutory history In 1965, amid much controversy, the Denver mint struck over 316,000 Peace dollars dated 1964, but these were never issued, and all are believed to have been melted. When the Pittman Act requirements were met in 1928, the mint ceased production of the coins, but more were struck during 19 as a result of further legislation. The Peace dollar was first struck on Decemjust over a million were coined bearing a 1921 date. The public believed the announced design, which included a broken sword, was illustrative of defeat, and the Mint hastily acted to remove the sword. The Peace dollar was approved by Treasury Secretary Andrew Mellon in December 1921, completing the redesign of United States coinage that had begun in 1907. Numismatists began to lobby the Mint to issue a coin that memorialized the peace following World War I although they failed to get Congress to pass a bill requiring the redesign, they were able to persuade government officials to take action. With the passage of the Pittman Act in 1918, the United States Mint was required to strike millions of silver dollars, and began to do so in 1921, using the Morgan dollar design. It was the last United States dollar coin to be struck for circulation in silver. Its obverse represents the head and neck of the Goddess of Liberty in profile, and the reverse depicts a bald eagle at rest clutching an olive branch, with the legend "Peace". Designed by Anthony de Francisci, the coin was the result of a competition to find designs emblematic of peace. The Peace dollar is a United States dollar coin minted for circulation from 1921 to 19 to 1935, and beginning again for collectors in 2021.
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