As we continue to transition into 2022, let's take a look back at 2021, the 100th year anniversary of the last Morgan Dollar and the first year of the Peace Dollar. We will learn what led to the demise of the Morgan Dollar and what led to the rise of the Peace Dollar.
In 1921, the world was in a great period of transition. Most of Europe and the Americas were reeling from the aftermath of World War I, there was great political unrest, social upheaval, and waves of worker strikes.
In the United States, Warren G. Harding was sworn in as the 29th president after campaigning on the promise to return to pre-war “normalcy” and a pro-business platform, a stance far different from that of his predecessor. It was the early days of prohibition and the roaring 20s - a time of stark contrasts between the struggles of the recent past, and looking towards a more modern future.
This year saw the first radio broadcast of a baseball game, the opening of the grand Chicago Theater movie palace, as well as the first Miss America Pageant. Americans had started to get a glimpse of what the rest of the 20th century would look like -a period marked by both innovation and turmoil. It was within this year of change that we saw the last of the Morgan Silver Dollars (designed by George T. Morgan 1845 - 1925), very much symbolic of the late 19th century - and the first Peace Silver Dollars (designed by Anthony de Francisci 1887 - 1964), equally symbolic of the early 20th.
Morgan Silver Dollar: 1878 - 1904, 1921, 2021
Peace Silver Dollar: 1921 - 1928, 1934 - 1935, 2021
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