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The GSA Peace Silver Dollar 1923 Flat Pack represents a significant piece of American numismatic history, marking the transition from the iconic Morgan Dollar series to the Peace Dollar series. The Peace Dollar was introduced in the aftermath of World War I, a time when the nation sought to symbolize hope, peace, and unity. Designed by Anthony de Francisci, the Peace Dollar was struck from 1921 to 1935, with the 1923 issue being one of the most sought-after dates in the series due to its striking design and historical significance.
The design of the 1923 Peace Dollar is renowned for its elegant representation of Lady Liberty. The obverse features a profile view of Liberty wearing a radiating crown, symbolizing enlightenment and hope. Surrounding her is the inscription "LIBERTY," with the date "1923" displayed prominently below. The reverse showcases an eagle perched atop a rock, gazing towards the rising sun, with the word "PEACE" inscribed above. This imagery encapsulates the themes of harmony and renewal that were central to the post-war sentiment of the time.
The 1923 Peace Dollar has a total mintage of approximately 30 million coins, making it one of the most commonly encountered dates in the series. However, high-quality examples, especially in uncirculated condition, are highly sought after by collectors. The Peace Dollar was minted in response to the significant demand for silver during the early 20th century and was intended to meet the requirements of the Coinage Act of 1920, which called for the striking of silver dollars for circulation.
This specific GSA Peace Silver Dollar is housed in a Flat Pack, a unique packaging introduced by the General Services Administration (GSA) in the 1970s to sell the vast inventory of silver dollars held in government vaults. The Flat Pack not only provides protection for the coin but also enhances its appeal as a collectible item. Collectors appreciate the historical significance of the GSA packaging, as it represents a unique era in the sale of government-held silver dollars and serves as a reminder of the rich history of American currency.
The GSA Peace Silver Dollar 1923 Flat Pack is not just a coin; it is a tangible piece of history that encapsulates the spirit of its time. Its beautiful design, combined with its historical context and preservation within a GSA Flat Pack, makes it a prized addition to any numismatic collection. Collectors and enthusiasts value the opportunity to own a piece that showcases the craftsmanship of American minting while reflecting the broader societal aspirations for peace and unity following the turmoil of the First World War.