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The Certified Peace Silver Dollar 1928, bearing an MS63 grade from ANACS, is a storied artifact that encapsulates a unique chapter in the annals of American numismatics and the broader sweep of U.S. history. Minted in a period of cautious optimism, the Peace Dollar series was conceived as a tangible symbol of the nation’s aspirations for peace and stability after the tumult of World War I. The 1928 edition of this series is particularly notable for its rarity and the historical context it represents, embodying the spirit of the Roaring Twenties—a time characterized by dynamic social change, economic prosperity, and a fervent hope for enduring peace. This coin, especially in its pristine MS63 condition, is a testament to the era's complex legacy, blending artistry with a poignant narrative of peace and progress.
During the 1920s, the United States emerged from the shadows of World War I, embarking on a decade of extraordinary economic growth and cultural transformation. Known as the Roaring Twenties, this era witnessed the flourishing of jazz music, the harrowing challenges of Prohibition, and significant advances in technology and industry. Amidst this backdrop of change and development, the Peace Dollar was introduced as a symbol of the nation’s collective desire to move beyond the devastation of war and towards a future marked by peace and prosperity. The coin was not just currency but a declaration of America’s place in the world and its aspirations for a peaceful international order.
The design of the Peace Silver Dollar, conceived by Anthony de Francisci, reflects the optimism and forward-looking spirit of the age. On the obverse, it features a youthful and radiant Liberty, modeled after de Francisci's own wife, encapsulating hope and renewal. The reverse carries the image of an eagle at rest, clutching an olive branch, with the word “PEACE” inscribed below, directly communicating the coin’s foundational message. This design marked a significant departure from previous motifs, emphasizing serene strength and the potential for peace, rather than the martial valor and conquest associated with earlier coins.
Among the Peace Dollars, the 1928 issue from the Philadelphia Mint stands out for its notably low mintage, with only 360,649 coins produced. This scarcity has made the 1928 edition one of the most coveted by collectors, a key date in the Peace Dollar series. The low production numbers were a result of various factors, including the limitations imposed by the Pittman Act and the fluctuating demands for silver at the time. This rarity has significantly enhanced the coin's value in the numismatic market, making it a prized possession for those fortunate enough to own one.
The denomination of the Peace Dollar is one dollar, reflective of its intended role as a circulating piece of currency. However, its historical significance and rarity have elevated it far beyond its face value in the eyes of collectors and historians. The MS63 grade assigned by ANACS denotes a coin that, while not absolutely perfect, possesses outstanding eye appeal, with only minor blemishes and imperfections that do not detract from its overall beauty. This condition indicates a well-preserved piece, showcasing the intricate details of de Francisci’s design and the luster characteristic of a coin with minimal handling.