Silver Peace Dollar Values
How Much Peace Dollars are Worth: Peace Dollar Values & Coin Price Chart
Year | Mint | Variety | Designation | VG-8 | F-12 | VF-20 | EF-40 | AU-50 | U-60 | MS-63 | MS-64 | MS-65 | MS-66 | MS-67 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1800 | P | Plain 4- Stemless Wreath | Red-brown | 200 | 300 | 400 | 500 | 600 | 700 | 800 | 900 | 1000 | 1200 | 1100 |
| Year | Mint | Variety | Designation | VG-8 | F-12 | VF-20 | EF-40 | AU-50 | MS-60 | MS-63 | MS-64 | MS-65 | MS-66 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1921 | (None) Phil | -- | -- | $148 | $164 | $199 | $300 | $350 | $567 | $995 | $1,725 | $3,250 | $9,295 |
| 1922 | (None) Phil | -- | -- | $31 | $32 | $32 | $34 | $39 | $44 | $70 | $90 | $485 | $578 |
| 1922 | D | -- | -- | $31 | $32 | $32 | $37 | $45 | $70 | $140 | $213 | $551 | $1,419 |
| 1922 | S | -- | -- | $31 | $32 | $32 | $36 | $41 | $63 | $122 | $274 | $1,253 | $18,600 |
| 1923 | (None) Phil | -- | -- | $31 | $32 | $32 | $34 | $39 | $44 | $70 | $89 | $155 | $494 |
| 1923 | D | -- | -- | $33 | $34 | $34 | $36 | $60 | $150 | $266 | $442 | $1,068 | $4,330 |
| 1923 | S | -- | -- | $31 | $32 | $32 | $36 | $45 | $80 | $117 | $325 | $2,318 | $51,750 |
| 1924 | (None) Phil | -- | -- | $31 | $32 | $32 | $34 | $39 | $44 | $90 | $94 | $211 | $516 |
| 1924 | S | -- | -- | $32 | $38 | $44 | $75 | $84 | $268 | $637 | $1,278 | $6,250 | $44,500 |
| 1925 | (None) Phil | -- | -- | $31 | $32 | $32 | $34 | $43 | $44 | $69 | $90 | $159 | $544 |
| 1925 | S | -- | -- | $34 | $35 | $40 | $60 | $63 | $144 | $379 | $3,109 | $38,995 | $82,500 |
| 1926 | S | -- | -- | $31 | $32 | $33 | $40 | $58 | $95 | $250 | $364 | $944 | $3,025 |
| 1926 | D | -- | -- | $33 | $34 | $34 | $55 | $90 | $147 | $490 | $512 | $1,084 | $2,445 |
| 1926 | (None) Phil | -- | -- | $31 | $36 | $33 | $38 | $65 | $95 | $200 | $298 | $549 | $1,695 |
| 1927 | (None) Phil | -- | -- | $37 | $40 | $45 | $85 | $63 | $146 | $291 | $1,119 | $1,745 | $22,750 |
| 1927 | D | -- | -- | $31 | $35 | $42 | $100 | $115 | $400 | $709 | $1,352 | $3,680 | $32,050 |
| 1927 | S | -- | -- | $33 | $36 | $43 | $68 | $115 | $500 | $709 | $1,405 | $5,065 | $74,600 |
| 1928 | (None) Phil | -- | -- | $199 | $222 | $235 | $271 | $430 | $497 | $817 | $1,157 | $4,080 | $25,240 |
| 1928 | S | -- | -- | $31 | $34 | $40 | $100 | $125 | $300 | $584 | $1,384 | $18,995 | $69,300 |
| 1934 | (None) Phil | -- | -- | $32 | $35 | $37 | $85 | $100 | $225 | $284 | $407 | $888 | $2,634 |
| 1934 | D | -- | -- | $32 | $35 | $40 | $80 | $110 | $148 | $367 | $627 | $1,784 | $5,625 |
| 1934 | S | -- | -- | $50 | $70 | $100 | $154 | $450 | $2,865 | $6,610 | $7,779 | $10,320 | $31,270 |
| 1935 | (None) Phil | -- | -- | $31 | $36 | $41 | $51 | $100 | $180 | $247 | $382 | $768 | $2,835 |
| 1935 | S | -- | -- | $32 | $37 | $44 | $90 | $123 | $314 | $709 | $875 | $1,580 | $3,830 |
Peace Dollar: A Symbol of Hope and Renewal
The Peace Dollar, minted from 1921 to 1935, was created to symbolize America’s transition from war to peace following World War I. Designed by Anthony de Francisci, this coin stands out with its bold imagery and artistic departure from previous silver dollar designs. As one of the last true silver dollars struck for circulation, the Peace Dollar remains a favorite among collectors for its historical significance and aesthetic beauty.
A Design Inspired by a Nation’s Aspirations
Following the Pittman Act of 1918, which required the melting and recoinage of millions of silver dollars, the U.S. Mint sought a new design to replace the Morgan Dollar. The Peace Dollar debuted in late 1921, featuring a stunning high-relief portrait of Lady Liberty with flowing hair and a radiant crown, reminiscent of classical sculpture.
The reverse features a majestic bald eagle perched on a rock, clutching an olive branch, with the word “PEACE” inscribed below—an element unique among U.S. coinage. This design symbolized a new era of hope following the devastation of World War I, making the Peace Dollar the only U.S. coin explicitly dedicated to peace.
Why the Peace Dollar Commands Attention
The Peace Dollar is beloved for its historical depth, artistic innovation, and relatively short mintage period. Unlike its predecessor, the Morgan Dollar, which had an extended production run, the Peace Dollar was struck for only fourteen years, making it a more concise and collectible series.
A Collector’s Guide: What to Look For
- Where to Find Them: Available through coin auctions, bullion dealers, and estate collections, with uncirculated examples commanding higher premiums.
- Notable Features: Seek out fully struck details, minimal contact marks, and high-relief 1921 issues, which are particularly sought after.
- Best Storage Practices: Due to their 90% silver composition, Peace Dollars should be stored in airtight holders or certified slabs to prevent toning and wear.
The 1928 Peace Dollar
The 1928 Peace Dollar, struck at the Philadelphia Mint, is the lowest-mintage business strike of the series. Because fewer than 400,000 were produced, well-preserved examples remain highly desirable and can fetch impressive prices at auction.
Investment Potential of the Peace Dollar
With its intrinsic silver value, short production span, and numismatic demand, the Peace Dollar continues to appreciate in the collector’s market. High-grade coins, particularly proof-like specimens and key dates, have consistently seen rising valuations. The 90% silver content also makes it popular among silver stackers and investors.
Key Dates and Standout Issues
Among the most notable Peace Dollars are:
- 1921 High-Relief Peace Dollar – The first issue, featuring a bold, deeply struck design.
- 1928 Peace Dollar – The lowest-mintage regular issue, making it a key date.
- 1934-S Peace Dollar – Scarce in higher grades due to limited survival rates.
- Notable Errors: Look for double dies, die cracks, and weak strikes, which add an extra layer of collectibility.
De Francisci’s Artistic Vision and Legacy
Anthony de Francisci’s Peace Dollar design departed from traditional numismatic portraits, offering a more naturalistic and modern interpretation of Liberty and national strength. His work remains one of the most celebrated in American coinage, influencing future designs and reappearing in the 2021 Peace Dollar revival.
More Than Just a Coin—A Statement of Peace
The Peace Dollar is more than a numismatic artifact; it is a testament to America’s resilience and hope after World War I. Its design captures an era of optimism, while its silver content ensures lasting value. Whether acquired for its historical meaning, investment potential, or sheer beauty, the Peace Dollar remains a timeless classic that inspires collectors worldwide.
