1922 Peace Dollar
The aesthetically pleasing "Peace" Silver Dollar is a beloved symbol of U.S. coin history and has, for many years, been a very popular item with coin collectors. It is the last dollar coin minted for general circulation with a silver content of 90%. Future silver dollars would be minted with a considerably lower silver content. Accordingly, many collectors treasure the Peace Dollar as the last "true" American silver dollar.
The Peace Dollar was created to commemorate the end of World War 1. This coin was minted from 1921 to 1928 and again in 1934 and 1935 at three United States Mint facilities located in Philadelphia, Denver and San Francisco. The relevant mintmarks can be found on the reverse side of the coin below the O in the word ONE. About 190 million pieces were struck in total during the years the coin was minted.
Designed by Anthony De Francisci, the Peace Dollar depicts a profile of Miss Liberty with a crown of rays on the obverse, while the reverse of the coin has the image of a majestic American Eagle perched on a rock and clutching the laurel wreath of Peace in its talons. The design of the coin reflects the Art Deco movement of the time. For example, as is common in many Art Deco creations, the inscription on the coin uses some Latin alphabet. Accordingly the word "Trust" in the coin's legend is spelled as the Latin word TRVST.
It is of interest to note that the Peace Dollar was not well-received by the public when it was first introduced. Most of the criticism pertained to the fact that, in the coin's design, Miss Liberty's mouth is slightly open. The Wall Street Journal, for example, called this Liberty a "flapper"- a term used to describe a loose woman of the times.