The 1921 Peace Dollar: A Brief History and Design Overview
The 1921 Peace dollar, designed by Anthony de Francisci, marked a significant departure from the previous Morgan dollar design. This coin was the result of a competition initiated by Congressman Albert Henry Vestal in 1921 to create a new coin commemorating peace after World War I. The design by de Francisci, featuring his wife Teresa as the model for Liberty, captured the essence of peace and hope for a better future.
Insight: The significance of using Teresa de Francisci as the model for the Peace dollar adds a personal touch to the design, as it reflects the immigrant experience and aspirations for a peaceful future in the United States.
The Peace Dollar’s Design Symbolism
The obverse of the 1921 Peace dollar showcases a youthful Miss Liberty adorned with a tiara of rays, symbolizing the radiant crown of the Statue of Liberty. The reverse features an American bald eagle perched on a mountaintop, holding an olive branch to symbolize peace. The bold rays of the rising sun on the reverse connect symbolically with the rays on Miss Liberty’s tiara, emphasizing the theme of hope and peace.
Insight: By combining elements of Liberty and peace in the design of the Peace dollar, Anthony de Francisci created a meaningful and symbolic representation of the post-war era.
Market Data and Noteworthy Specimens
The 1921 Peace dollar is a key date in the series, with values ranging from $150 to $100,000 depending on the condition and rarity of the coin. Notable sales of high-grade examples have fetched significant prices at auction, reflecting the desirability of this iconic coin among collectors.
Insight: The availability of certified and graded examples of the 1921 Peace dollar from reputable dealers ensures authenticity and quality for collectors and investors seeking to add this historic coin to their collection.
Conclusion
The 1921 Peace dollar remains a popular and historically significant coin in the numismatic world. With its unique design, symbolic imagery, and limited mintage, this coin continues to attract collectors and enthusiasts interested in the history and artistry of American coinage.