A United States coin minted in 1928 at the Philadelphia Mint, it is comprised of 90% silver and 10% copper. This particular issue is a tangible piece of American history, representing a period of economic growth and optimism following World War I. The obverse features a representation of Liberty, while the reverse depicts an eagle perched on a rock, symbolizing peace. Its face value was one dollar, but its intrinsic value is significantly higher due to its silver content and collectibility.
Possessing one of these coins provides a connection to the past and can serve as an investment vehicle. Its historical significance lies in its association with the Peace Dollar series, which was initiated to commemorate the end of World War I. The Philadelphia Mint examples are generally more common than those produced at other mints, but they still command a premium from collectors due to their silver content and condition. Examining its features can reveal information about its authenticity and grade, influencing its value.