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About 1921 Peace Dollars

Four years after the guns finally fell silent and men climbed out of their trenches at the end of the First World War, the U.S. Mint produced the 1921 Peace Dollar to honor the end of "The War to End All Wars." Peace Dollars continued until 1935, two years after Adolf Hitler became the Chancellor of Germany and three years before the start of the Second World War. These large silver coins feature the image of Lady Liberty on the front and an eagle at rest clutching an olive branch on the back. As with the later Morgan Dollars, many of the silver Peace Dollars have variations in their design from the striking process at the different mints. The most famous variation of the 1921 Peace Dollar found on eBay listings and with coin collectors is the particularly deep strike of the coin that gives more detail to the design, allowing the collector to easily see fine lines in Lady Liberty's hair or the individual feathers along the eagle's back. These coins come in different grades that reflect their condition, with the "Mint State" or "MS" grade being the modern equivalent of the "Brilliant Uncirculated" or "BU" grade used in the past.