The 1964-D Peace Silver Dollar: Elusive & Illegal To Own



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Most U.S. coins are legal tender and perfectly OK to own. But there are a few coins the U.S. government revoked after making and would seize if you owned them. The 1964-D Peace silver dollar is one of those coins.

The last official Peace dollars rolled out of the U.S. Mint in 1935. As the remaining supply of silver dollars kept in government vaults waned in the early 1960s, the government decided it was time to make some more silver dollars to satisfy demand.

The Denver mint was ordered to strike millions of 1964 Peace silver dollars to put into circulation — and many were made.

However, the government apparently decided not to follow through with this plan and required any and all 1964-D Peace dollars that had been made destroyed.

The question remains, however, if any 1964-D Peace dollars remain, where are they? 

Nobody will ever likely tell. After all, it’s presently illegal to own any 1964-D Peace dollars.

Joshua

I'm the Coin Editor here at TheFunTimesGuide. My love for coins began when I was 11 years old. I primarily collect and study U.S. coins produced during the 20th century. I'm a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. I'm also the editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). I've contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. I've authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below!

2 thoughts on “The 1964-D Peace Silver Dollar: Elusive & Illegal To Own

  1. I’m afraid I know more about the coin than was in your answer, for instance, the coin was authorized by President John F. Kennedy for the US Mint to produce 45 million
    silver dollars (The Act of August 3, 1964) to go into circulation.
    Funny thing, JFK’s body wasn’t cold before Lindon B. Johnson countermanded the authorization and ordered all of those silver dollars (216,076) recalled and melted. I guess that was our good fortune, otherwise that act might have put an end to our Federal Reserve System, because if legal silver dollars were available in circulation, WHO would choose to recieve a Federal Reserve “Note” instead.

    1. Carlos,

      Thank you for contributing your knowledge to what was intended to be only a few brief blurbs about the 1964-D silver dollar. It’s easy to write volumes on it, and it’s safe to say there’s tons more that is yet to be discovered and written about a numismatic mystery like this coin.

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