The 1934 Peace Dollar marked the resumption of production after a five year gap. Coins were produced at the Philadelphia, Denver, and San Francisco mint facilities in relatively small quantities. The pause in production was due to the fact that the US Mint had fulfilled the requirements of the Pittman Act and the Depression of the early 1930's negated the need for additional coins for circulation.
Despite the lower mintages, the 1934 and 1934-D Peace Dollars are generally available in gem and better conditions. The rarity and often considered key date is the 1934-S Peace Dollar. In addition to a small mintage, the majority of San Francisco Mint coins were released into circulation. Very few were saved and no significant hoards were accumulated. This coin is the rarest Peace Dollar overall in uncirculated condition, although some issues are more challenging specifically in grades MS65 or higher.
Mintages: 954,057 (Philadelphia), 1,569,500 (Denver), 1,011,000 (San Francisco)
Designer: Anthony de Francisci
Composition: 90% silver, 10% copper
Weight: 26.73 grams
Diameter: 38.1 mm
Edge: reeded
