The U.S. Peace silver dollar was the last struck to circulate in American commerce. This big 90% silver coin was a hard-asset backbone of American money, in the days when "a dollar was a dollar." It emerged in 1921, the year that the U.S./Germany Peace Treaty was ratified by Congress, which formally ended World War I. The inscription "PEACE" appears on the ledge where the American Eagle vigilantly stands guard for freedom while holding a peace branch. The first "high-relief" 1921 issue had created stacking problems at banks. This second year 1922 Philadelphia Peace silver dollar introduced the modified-relief engravings that became the standard for America's last circulating silver dollar series. Our Very Fine quality specimens are nicely preserved with clear details.