How Many 1921 Peace Dollars Were Minted- A Comprehensive Look at the Historical Coin’s Production Numbers
How many 1921 peace dollars were minted? This question has intrigued numismatists and collectors alike for decades. The 1921 peace dollar, with its elegant design and historical significance, is one of the most sought-after coins in the United States. Understanding the mintage figures of this coin can provide valuable insights into its rarity and value in the coin market.
The 1921 peace dollar was minted to celebrate the end of World War I and to honor the peace that followed. Designed by sculptor Anthony de Francisci, the coin features an image of Lady Liberty on the obverse and an eagle on the reverse. The obverse also includes the date 1921 and the motto “In God We Trust.” The reverse depicts an eagle clutching an olive branch, symbolizing peace, with the motto “Peace” encircling the top of the coin.
The mintage of the 1921 peace dollar is a subject of interest for several reasons. First, it was the first year the coin was minted, and it marked a significant change in design from the previous Morgan dollar. Second, the 1921 peace dollar has a relatively low mintage compared to other U.S. coins, making it a valuable piece for collectors. Lastly, the 1921 peace dollar has a unique history, with a limited number of coins produced in San Francisco.
According to the United States Mint, the total mintage of the 1921 peace dollar was 484,000 coins. This figure includes coins minted at the Philadelphia Mint, Denver Mint, and San Francisco Mint. The San Francisco minted coins are particularly valuable, as they are considered to be the rarest of the three. The San Francisco 1921 peace dollar has a mintage of just 484,000, with an estimated 2,000 to 3,000 coins believed to be in existence today.
The rarity of the 1921 peace dollar, especially the San Francisco minted coins, contributes to its high value in the coin market. Collectors and investors are willing to pay premium prices for these coins, with the value often exceeding $1,000 for uncirculated examples. The condition of the coin, known as its grade, also plays a significant role in determining its value. Higher-grade coins, such as MS-65 or MS-66, can fetch tens of thousands of dollars.
In conclusion, the mintage of the 1921 peace dollar is a critical factor in determining its value and rarity. With a total mintage of 484,000 coins and the San Francisco minted coins being the rarest, the 1921 peace dollar holds a special place in the numismatic world. As collectors continue to seek out this iconic coin, its value is expected to remain strong, making it a worthwhile investment for those interested in U.S. coin history and collecting.
