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The Certified Peace Silver Dollar 1934-S AU58 PCGS is an important coin in the Peace Dollar series, known for its historical significance and scarcity in higher grades. As the last major issue in the Peace Dollar series, the 1934-S is particularly sought after by collectors due to its low mintage and the fact that many surviving examples show considerable wear from circulation. In AU58 condition, this coin exhibits only slight wear, retaining most of its original luster and detail, making it a highly desirable specimen for those interested in high-grade Peace Dollars.
The Peace Dollar was first introduced in 1921 as a symbol of peace following the end of World War I. Designed by Anthony de Francisci, the Peace Dollar replaced the Morgan Dollar and was produced from 1921 to 1935. Its design embodies the optimism of the post-war period, reflecting the desire for global peace and prosperity. The 1934-S issue is one of the key dates in the series, as it represents one of the final years of production and has a relatively low mintage compared to other dates in the series.
The obverse of the 1934-S Peace Dollar features a portrait of Lady Liberty in profile, facing to the left. Liberty is depicted with flowing hair, crowned with rays of light that symbolize enlightenment and hope. The word "LIBERTY" is inscribed along the top, while "IN GOD WE TRUST" is displayed below the portrait, with the date "1934" at the bottom. In AU58 condition, the obverse of this coin retains sharp detail in Liberty’s hair and facial features, with only slight wear on the high points of the design. The coin’s luster remains intact, giving it a radiant appearance, and the overall preservation of the obverse makes it a standout example of the 1934-S issue.
The reverse of the Peace Dollar is equally striking, featuring a majestic bald eagle perched on a rock, clutching an olive branch in its talons. The eagle faces the rising sun, symbolizing peace and a new era of hope for the United States and the world. The inscription "UNITED STATES OF AMERICA" arcs above the eagle, with "E PLURIBUS UNUM" to the right. Below the eagle is the denomination "ONE DOLLAR," and the word "PEACE" is inscribed at the bottom. The reverse design, like the obverse, reflects de Francisci’s vision of peace and American strength. In AU58 condition, the reverse displays excellent detail, with only minor wear on the eagle’s feathers and the sun’s rays. The overall quality of the reverse contributes to the coin’s appeal and its high value in this grade.
The 1934-S Peace Dollar was struck at the San Francisco Mint, as indicated by the "S" mintmark located on the reverse just below the word "ONE." The San Francisco Mint was known for producing high-quality coinage, but many of the 1934-S Peace Dollars were released into circulation, resulting in heavy wear on most surviving examples. With a mintage of only 1,011,000 coins, the 1934-S is one of the lower-mintage issues in the Peace Dollar series, making it a key date for collectors. The combination of its low mintage and the fact that many coins were heavily circulated has contributed to the scarcity of high-grade examples like this AU58 coin.
In AU58 condition, this 1934-S Peace Dollar is on the cusp of being classified as uncirculated. The AU58 grade indicates that the coin has only slight wear on the highest points, but it retains the majority of its original luster and detail, making it a highly desirable coin for collectors who value both beauty and historical significance. The PCGS certification further adds to the coin’s value, as it guarantees the authenticity and quality of the coin, giving collectors confidence in their investment.
The Peace Dollar series is an essential part of American numismatic history, and the 1934-S issue holds particular significance due to its place near the end of the series and its relatively low mintage. The design, which celebrates peace and American ideals, makes the Peace Dollar a favorite among collectors, and the 1934-S is considered one of the most important dates in the series. Collectors seeking to complete a high-grade set of Peace Dollars will find the 1934-S in AU58 condition to be a highly desirable and valuable addition to their collection.
The Certified Peace Silver Dollar 1934-S AU58 PCGS is a remarkable example of late-series Peace Dollar coinage. Its historical importance, combined with its excellent preservation and near-uncirculated condition, makes it a standout piece in any collection. The scarcity of high-grade examples of the 1934-S Peace Dollar ensures that this coin will remain a prized possession for collectors of U.S. silver dollars and those interested in the history of American coinage. With its beautiful design and limited availability, this coin offers both numismatic and investment value.