Product Description
1935 Philadelphia Peace Silver Dollar, Extra Fine. After the Peace series' quota was reached in 1928, minting was suspended by Congress. While still in the depths of the Great Depression six years later, the U.S. government revived the series in the hope of stimulating the struggling economy. In 1935 only Philadelphia and Denver struck Peace dollars; their combined mintage was 96% less than the series' peak output in 1922. Philadelphia's final mintage of 1935 was only 1,576,000 — and of that figure, it's estimated that as few as 3% may remain today in sharply detailed Extra Fine condition or higher grades.
Great Depression Emergency Currency $1 Pay Warrant. This scrap of paper embodies the moxie and mettle that Americans possessed in the face of national calamity. This genuine $1 pay warrant was issued by the city of Charleston, South Carolina during the height of the Depression. Following the stock market crash of 1929, banks and businesses across America failed and unemployment skyrocketed across the nation. Local municipalities were without cash so they improvised by issuing pay warrants, a kind of scrip that could be used within the community for goods and services. Housed in an informative folder.
