The Peace Dollar is one of the most stunning silver dollars ever made by the U.S. Mint. The obverse of the coin features a stunning lady liberty featured as a goddess. Above lady liberty's head is the word "liberty". On the reverse of the coin is a bald eagle. The bald eagle can be seen holding a olive branch in its talons, further symbolizing peace. When the Peace Dollar was originally commissioned by the United States Commission for Fine Arts, they mandated that the new silver dollar that was to replace the 1921 Morgan Silver Dollar would symbolize peace as the world war had just ended. The Commission chose Italian immigrant Anthony D. Francisci to design the coin. He was chosen among a total of eight designers in a competition that the Commission held.
Each Peace Dollar is composed of 90% silver and 10% copper. In total each Peace Dollar has .7734 ounces of pure silver, has a diameter of 38.1m, a weight of 26.73 grams, is composed of 90% silver and 10% copper, and features a reeded edge. As with most silver dollars, the reeded edge is not uncommon.
The 1927 Peace Dollar is one of the last Peace Dollars to be produced prior to a short hiatus in production from 1929-1934. The total mintage of the 1927 Peace Dollar was only 848,000 coins. This is one of the lower mintages in the series. A nice brilliant uncirculated 1927 Peace Dollar will currently run around $130 or more while a higher end gem uncirculated specimen can run thousands. Considering the lower mintage under a million coins, the 1927 Peace Dollar is a tremendous value, especially in comparison to coins such as the 1934-S Peace Dollar.