In 1921 there were only 1,006,473 peace dollars made at the Philadelphia mint. The peace dollar was made to commemorate the new era of peace that ushered in following the end of World War 1 (Nobody suspected a war of that scale would or even could happen again). America continued to make the coin until 1928, but more were made from 1934 to 1935.
One side bears the face of Lady Liberty. The likeness was taken from the designer Anthony De Francisci’s wife Teresa. She herself had reportedly dreamed of playing Lady Liberty since childhood. The other side features a perched bald eagle, another symbol of America.
It’s advised that you get the coin verified by a professional to ensure it’s not a fake as there have been cases of fake peace coins being made to cash-in.
If you want to keep your coin in good condition, do not polish it! Multiple polishes will corrode the minor details on the face and can drastically reduce its value.
Whenever coin values are on the rise, it will usually be the 1921 and the 1928 peace dollar that are worth the most. If you have a proof specimen from 1921, congratulations! There were no more than 30 made and so are very valuable.
For more information on the value of your 1921 peace dollar, see this site: www.coinstudy.com/peace-dollar-values.htmlIt has up to date records on the current value of the peace dollars from ever year they were made in accordance to their condition.