Interesting Facts About 1934-1935 Peace Silver Dollars:
-- The Pittman Act limited the mintages of Peace silver dollars to the number of Morgans melted in 1918. When the quota was reached in 1928, Peace dollar mintages were abruptly suspended.
-- Six years later, in the depths of the Great Depression, the U.S. government decided to revive the series, in the hope of helping the struggling economy.
-- The 90% silver Peace dollar was America's last circulating silver dollar. Since the series was retired in 1935, no U.S. silver dollars have been issued for commerce.
-- In 1964, Congress authorized additional Peace silver dollars, but the proposed issue was never produced. Later, the Eisenhower design became the official U.S. dollar - but its circulating version was minted only in cupro-nickel and the .400 silver Ike was struck expressly for collectors. (Recent 90% silver commemorative dollars were also issued by the U.S. Mint directly to collectors at a premium.)
Peace silver dollars are 90% silver and contain .77344 ounces of pure silver. Each is 38mm (1 inches) in diameter.