1935 Peace Dollar
After only a brief run, the 1935 Peace Dollar marked the end of the series and actually the last of the silver dollars issued for circulation. Coins were struck at the Philadelphia and San Francisco Mints.
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.
The 1935 Peace Dollars struck at Philadelphia are often boldly struck and may exhibit deep luster. Despite the lower mintage of 1,576,000 pieces, there are many that survive in mint state grades with more than 1,000 graded MS65 or higher by the major grading services. The highest grade awarded by PCGS is MS66, while NGC has graded four pieces as MS67. One of these sold for $16,100 at auction in March 2010.
While the 1935-S Peace Dollars are often found softly struck or with excessive bag marks, the problems are not as prominent as seen for other San Francisco Mint issues. Several hundred pieces have been graded MS65 or higher, although more than 80% of these pieces were certified by NGC. One of the finest known specimens graded NGC MS 67 sold for $19,550 in April 2009.
1935 Peace Dollar Mintage and Specifications
Mintages: 1,576,000 (Philadelphia), 1,964,000 (San Francisco)
Designer: Anthony de Francisci
Composition: 90% silver, 10% copper
Weight: 26.73 grams
Diameter: 38.1 mm
Edge: reeded
