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- Product ID: 5261
Since Philadelphia was the capital at the time, the first mint was established in the center of it. The Coinage Act of 1792 announced the creation of the Philadelphia Mint, due to the Founding Father's desire to establish a means of international commerce. The Mint Act was passed shortly after, giving guidelines to the currency about to be produced. The Mint Act instituted a decimal system based on a dollar unit, the coins had to specify its metallic composition and fineness. It was also required that each US currency coin should present "an impression emblematic of liberty." Your 1925 Peace silver dollar presents Goddess of Liberty, to fulfill the symbol of Liberty quota, and also pictures an eagle carrying olive branches that universally signify peace. Being in the very fine condition category, your coin will have some wear on the coin's total surface, with no original mint luster present.