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The Certified Peace Silver Dollar 1921 AU58 PCGS represents a pivotal moment in American coinage history, marking the introduction of a new design emblematic of the nation's aspirations for peace following the conclusion of World War I.
After the end of World War I in 1918, there was a growing desire among the American public for a coin that would commemorate the hard-won peace and honor the sacrifices made during the conflict. In response to this sentiment, the United States Mint began production of the Peace Silver Dollar in 1921.
The Peace Silver Dollar was designed by acclaimed sculptor Anthony de Francisci, who won a competition held by the Commission of Fine Arts to create a new design for the coin. De Francisci's design featured a striking depiction of Lady Liberty on the obverse, wearing a radiant crown of rays symbolizing enlightenment. The reverse of the coin bore an image of a perched eagle clutching an olive branch, a traditional symbol of peace.
The 1921 Peace Silver Dollar was minted at several facilities, including the Philadelphia Mint, the Denver Mint, and the San Francisco Mint. The "P," "D," and "S" mint marks on the coin denote its origin in Philadelphia, Denver, and San Francisco, respectively.
During its inaugural year of production in 1921, the Philadelphia Mint struck a total of 1,006,473 Peace Silver Dollars. Despite its relatively high mintage, coins in high grades such as AU58 are less common due to factors such as handling, circulation, and storage.
PCGS, or Professional Coin Grading Service, is one of the most reputable third-party coin grading services in the world. Coins certified by PCGS undergo a rigorous evaluation process by expert numismatists to determine their authenticity, condition, and overall grade.
The AU58 grade assigned to the Certified Peace Silver Dollar 1921 by PCGS indicates that the coin is in Almost Uncirculated condition with slight traces of wear on the highest points of the design. Despite this wear, the coin retains much of its original luster and detail, making it highly desirable to collectors.
As a numismatic artifact, the Certified Peace Silver Dollar 1921 AU58 PCGS holds significant historical and cultural significance, serving as a tangible symbol of America's pursuit of peace and unity in the aftermath of a global conflict. Its iconic design and historical importance make it a prized addition to any collection of American coinage.