1918 So-Called Dollar HK-897a, WWI Peace Medal

Coin Details

Description

This 1918 Thomas L. Elder peace medal (HK-897a) is part of one of the most extensive privately produced World War I commemorative medal series in American numismatics. The series divides into three subcategories: peace medals commemorating the November 1918 Armistice and expressing hope for lasting peace; victory medals celebrating the Allied triumph in the Great War and the subsequent Versailles negotiations; and 'Good Luck' medals reflecting wartime superstitious practices, serving as both patriotic souvenirs and talismans for soldiers and their families during a period of profound national anxiety. Elder's WWI medals ranged from straightforward patriotic designs featuring flags, eagles, and shield motifs to more elaborate allegorical compositions. The variety in composition — brass, bronze, aluminum, copper, silver, and antiqued copper — reflects both Elder's commercial instinct to offer pieces at multiple price points and his interest in creating distinct collectible varieties. The lettered suffixes (a, b, c, d) in the HK catalog typically represent different metal compositions of the same die design. The so-called dollar collecting community has grown significantly since the Hibler-Kappen catalog's initial publication, with specialized dealers, dedicated reference works, and an active collector base supporting a market that values historical significance, artistic merit, rarity, and condition. Heritage Auctions, Stack's Bowers, and other major numismatic auction houses regularly feature so-called dollars in their sales.

Rarity Notes

Thomas Elder WWI so-called dollars survive in varying numbers across the extensive series. Various compositions exist across the series, with silver being the rarest. Some HK numbers in the Elder WWI range are quite rare, while others are more readily available. The lettered variants (b, c, d suffixes) typically represent rarer die states or compositions.

Cross References

HK-897a; PCGS #643716