2018-P $1 WWI Centennial First Strike, DCAM

Weight

26.73 g

Diameter

38.1 mm

Thickness

3.1 mm

Material

90% Silver, 10% Copper

Shape

Round

Edge Type

Lettered

Technique

Proof

Front design

Depiction of a soldier and a nurse

Back design

Depiction of the Liberty Bell

Year of Minting

2018

Ruler

NA

Mint location

Philadelphia

Mint mark

P

Orientation

Coin alignment

Inscriptions

LIBERTY | IN GOD WE TRUST | WORLD WAR I CENTENNIAL | 1918-2018 | E PLURIBUS UNUM | UNITED STATES OF AMERICA

Context

: The 2018-P WWI Centennial Silver Dollar Efforts to authorize a commemorative coin honoring the centennial of the First World War languished in Congress for six years before the passage of the World War I American Veterans Centennial Commemorative Coin Act in 2014. These efforts were hindered by the Commemorative Coin Reform Act of 1996 , which limits the Mint to only two commemorative programs per year. During this period, Congress prioritized other military-themed issues, including commemoratives for the National Infantry Museum , the U.S. Army , the Congressional Medal of Honor , Disabled Veterans , and America’s 5-Star Generals . While this created a competitive "glut" of military subjects, most found an audience, with only the 5-Star General coins suffering from notably poor sales. The World War I Centennial Silver Dollar fared better. The Philadelphia Mint struck 22,340 uncirculated coins (#659612) and 127,848 of the Proof version (#659610) . The official first strike ceremony took place on November 28, 2017, featuring a distinguished group including Senator Roy Blunt , Colonel Gerald York (grandson of famous Sergeant Alvin York ), and the coin's designer, Leroy Transfield . Also present were representatives from the ANA Money Museum and the USS Olympia —the historic cruiser that transported the remains of the Unknown Soldier from France to Washington, D.C. , in 1921. The Mint employed a tiered pricing strategy for the release: Uncirculated: Launched at an introductory price of $48.95, later rising to $53.95. Proof: Launched at $51.95, later rising to $56.95. While the proof version saw higher sales, the Mint’s marketing strategy drew sharp criticism from the collecting community. To acquire the five limited-edition silver medals representing different branches of service, collectors were forced to purchase five separate "Coin and Medal" sets at $99.95 each. Because the medals were not sold individually or as a standalone set, many collectors felt the Mint's decision was an unnecessary burden on those seeking a complete collection. * * *

Rarity

Rare

Coin type

Modern Silver and Clad Commemoratives (1982 to Date)

In circulation

NA

Demonetized

No

Marketplace listings

0