History, Information, and Value of 1964-D Peace Dollar
Be Careful With 1964 Denver Mint Peace Silver Dollars
President Lyndon B. Johnson signed legislation, enacted in 1964, providing for the production of 45 million dollars of the 1964-D Peace dollar design, the first striking of silver dollars since 1935. No coins were struck until the following year, when the Denver Mint struck 316,076 coins in a trial production. Expectations were high that collectors could add a 1964-D to their collections, but hopes were dashed. Later the same year, the Coinage Act of 1965 forbade the minting of any standard silver dollar for a five-year period. No pieces were officially saved. Rumors aboundand have since 1964 in factthat one or more of these are in private hands. If such is the case, the owners are shrewd enough to know that Uncle Sam would confiscate any 1964-D Peace dollar.
The obverse text on the Peace Dollar reads “Liberty; In God We Trvst (Trust); 1964.” The reverse text on the silver dollar reads “United States of America; E Pluribus Unum; One Dollar; Peace; D.” The obverse of the coin has a bust of a female facing the left with a pointed crown and flowing hair. The reverse of the Peace Dollar has an eagle sitting on a rock in the center with rays in the background.
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