Peace silver dollars are commonly collected by seasoned numismatists and are included in many investors’ portfolios as well. Peace dollars were first struck in 1921 and last officially produced in 1935. Though tens of millions of Peace dollars were made during the duration of the series, it's important to note that most of the coin's production came during the first five years of the series. Peace dollars experienced a long hiatus during the late 1920s and early 1930s as the Great Depression occurred and there was simply no economic need to produce silver dollars.