The "Peace" dollar was minted from 1921 - 1928 and again in 1934 - 1935.
The US Commission of Fine Arts sponsored a competition to find designs which best symbolized peace in 1921. Peace was a popular theme in the years following World War I and officials wanted to commemorate that theme on US coinage. The competition was created in collaboration with the US Mint, with the winner's design to be used on the new silver dollar.
Anthony de Francisci was the winner, despite being the youngest competitor and the least experienced in terms of coin design. The obverse design with Lady Liberty's profile, wearing a "radiate" crown is modeled upon de Francisci's wife. The crown purposely resembles that worn by the Statue of Liberty.
The reverse side of the coin featured a perched bald eagle hodling an olive branch - a symbol of peace.