1935 Peace Dollar

The 1935 Peace Dollar represents the end of the Peace Dollars series. Coins were produced only at the Philadelphia and San Francisco Mints. Although the mintages were on the low end, the coins are not particularly scarce and can be obtained with some reasonable effort even in higher mint state grades. Apparently many of these coins were retained for years in federal bank vaults, preserving uncirculated quality coins for future collectors.

Some feel that the end of the series was somewhat symbolic, as it was produced to celebrate the resumption of peace following the Great War. Only a few years later, the second World War began. The entire series of Peace Dollars in all comprises 24 different coins including dates and mint marks. This makes it more approachable than the massive Morgan Dollar series, while providing many challenges due to grade scarcity.

As a final note, the design came close to making a reappearance in 1964, when over 300,000 coins dated 1964-D were produced at the Denver Mint. Authorization was rescinded and the coins were ordered melted, although there are rumors that some coins may have survived.