Wikipedia:Today's featured article/December 28, 2011

The Peace dollar is a United States dollar coin minted from 1921 to 1928, and again in 1934 and 1935. Designed by Anthony de Francisci, the coin resulted from a competition seeking designs emblematic of peace, and its reverse depicts an eagle at rest clutching an olive branch, with the legend "PEACE". It was the last United States silver dollar to be struck for circulation. With the passage of the Pittman Act in 1918, the United States Mint was required to strike millions of silver dollars, and began doing so in 1921 using the Morgan dollar design. Numismatists began urging the Mint to issue a coin evoking peace; although they failed to get Congress to pass a bill requiring the redesign, they were able to persuade government officials to take action. The Peace dollar was approved in December 1921, completing the redesign of United States coinage which had begun in 1907. The public believed the announced design, which included a broken sword, was illustrative of defeat, and the Mint hastily acted to remove the sword from the design. The Peace dollar was first struck on December 28, 1921; just over a million were coined bearing a 1921 date. When the Pittman Act requirements were met in 1928, the Mint ceased to strike the dollars. (more...)

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