The 1923 Peace Dollar was minted in Philadelphia as part of a series intended to commemorate peace after World War I. These coins feature an image of Lady Liberty on the obverse and an eagle perched on a branch on the reverse. The Peace Dollar is comprised of 90% silver and weighs approximately 26.73 grams. Collectors value the 1923 Peace Dollar for its historical significance and silver content, making it a popular item among numismatists.