Timeline of Events for the Silver Dollar

Timeline of Events for the Silver Dollar

1792 - Coinage Act of 1792 -Coinage Act or the Mint Act passed by the United States of Congress in 1792 was established to regulate the coinage of the United States. 

1794 - Silver dollars, the first dollar coin issue was minted in 1794 - Dollar coins have been minted in the United States as gold, silver and other base metal versions.

1873 - Crime of 1873 - Embraced the gold standard and demonetized silver. 

1878 - Bland-Allison Act - The United States Treasury was required to buy a certain amount of silver so it could be circulated as silver dollars

1890 - Sherman Act -  The act was named after is author John Sherman an Ohio Republican. In addition to the 2-4 million from the Bland-Allison Act the United States had to to purchase, now they had to purchase an additional 4.5 million ounces of silver bullion each month. The law required the treasury to by silver with treasury notes that could be redeemed for either silver or gold. 

1893 - Sherman Act repealed - The plan failed instead there was a fear of a resulting drain on the Treasury''s gold reserves helped case the financial panic of 1893. Therefor the Sherman Act was repealed.

1898 - War Revenue Bill - Coin remaining Silver Bullion purchased under Sherman Act

1918 - Pittman Act - Stated that no more than 350,000,000 standard silver dollars be converted into bullion and sold or used for subsidiary silver coinage, and directed purchase of domestic silver for re-coinage.

Peace Dollar Guide Book

If you collect Morgan Dollars then you have probably heard about of the Peace Dollar. The peace dollar was in Mint starting in 1921. So in 1921 we have the 1921 Morgan Dollar, but we also have the 1921 Peace Dollar!

If you collect Peace Dollars this book is for you! A Guide Book of Peace Dollars! On sale 27% off the list price of $19.95. Today it's only $14.61 plus FREE Super Saver Shipping! 

Official Book Description:

A Guide Book of Peace Dollars is the 13th entry in Whitman's Bowers Series of numismatic references. It covers every date and mintmark of America's last 90% silver dollar, which began as a commemorative of peace after the tribulations of World War One. The book also studies the mysterious 1964-D Peace Dollar, as well as proofs, patterns, trial pieces, errors and misstrikes, countermarks, die varieties, and famous collections. Full Color, Softcover, 288 Pages, Fully Indexed.

A little history about the Peace Dollar:

The Peace Dollar was minted from 1921 to 1928 and then again in 1934 and 1935. A competition was held to find a design that said "peace" Anthony De Francisci won that competition!  The Peace Dollar was first minted on December 28th,1921 seems pretty close to the end of the year. But in the small amount of time they were able to produce just over a million Peace Dollars with the date 1921!