 The public believed the announced design , which included a broken sword , was illustrative of defeat , and the Mint hastily acted to remove the sword . The Peace dollar was first struck on December 28 , 1921 ; just over a million were coined bearing a 1921 date . When the Pittman Act requirements were met in 1928 , the mint ceased to strike the coins , but more were struck in 1934 and 1935 as a result of other legislation . In 1965 , the mint struck over 300 @,@ 000 Peace dollars bearing a 1964 date , but these were never issued , and all are believed to have been melted . 
