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1934 Peace Silver Dollar $1 NGC AU 53
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1934 Peace Silver Dollar $1 NGC AU 53
The 1934 Peace Silver Dollar $1 NGC AU 53 is a historic and valuable coin from the United States Mint. This particular coin is graded by the Numismatic Guaranty Corporation (NGC) as AU 53, which stands for Almost Uncirculated 53. The coin is made of 90% silver and 10% copper, with a weight of 0.7734 troy oz.
The obverse features the image of Lady Liberty, with a radiating crown of rays behind her head and the word "Liberty" inscribed above. The date "1934" is located at the bottom of the coin.
The reverse displays an eagle with outstretched wings, perched on a rock and holding an olive branch and arrows in its talons. The word "Peace" is inscribed below the eagle, and the words "United States of America" and "One Dollar" are also included.
The 1934 Peace Silver Dollar is a significant coin in American numismatics. It was minted during the Great Depression and was part of an effort by the US government to stimulate the economy by increasing the amount of silver in circulation. Despite this, the mintage for this coin was relatively low, with only 954,057 pieces produced, making it a scarce coin today.
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