Peace Silver Dollars: Complete Value Guide & Rare Coin List

Peace Silver Dollars: Complete Value Guide & Rare Coin List

Silver Peace dollars are important symbolically and materially. They symbolize the idea of peace, something that everyone needed after World War I, when the coin first appeared.

Silver Peace dollars are important symbolically and materially.  They symbolize the idea of peace, something that everyone needed after World War I, when the coin first appeared.

Ready to know more about these coins? We’ll tell you about the value of peace silver dollars and how to spot the rare varieties!

A coin identifier app can recognize peace dollars in a second.

Peace Dollars Design

The Peace Dollar is the successor to the 1921 Morgan Dollar. Both have similar histories. Morgan and Peace silver dollars were minted to reflect the value of silver. Yet, the Peace Dollar had one more mission, to commemorate the end of World War I and to symbolize peace, hence the name.

a peace dollar, featuring Lady Liberty on the obverse and a resting eagle on the reverse.

Obverse: Lady Liberty. Anthony de Francisci, the coin’s designer, modeled Lady Liberty after his wife. There are Inscriptions "LIBERTY" and "IN GOD WE TRVST". Note the classical Roman "V" in "TRUST"). The date is at the bottom.

Reverse: An eagle at rest, gazing toward a rising sun. You should see the inscriptions: "UNITED STATES OF AMERICA", "E PLURIBUS UNUM", "PEACE". The denomination “ONE  DOLLAR” is in the lower middle, close to the eagle’s tail,

Peace Dollars Overview

Are peace dollars silver? Yes, they are. And we’ve got some other little info on the dollar in this table:


The main characteristics of the Peace coins

Country

United States

Years of Minting

1921-1964

Type:

Standard circulation

Shape:

Round

Composition and metal content

99% Silver

Diameter

38,1 mm

Weight

26,73  grams

The Mints

United States Mint of Denver, United States Mint of Philadelphia, United States Mint of San Francisco

Rare Peace Coins List

Here’s the cream of the crop among Peace coins. Each is exceptionally rare and worth a lot.

We’ll observe what makes each of them rare and what price you should expect for buying/selling such a dollar.

1928 (Philadelphia)

a 1928 peace dollar in mint condition.

This is the lowest-mintage regular issue Peace Dollar. It’s considered the key date of the series and is especially valuable in higher grades. It’s hard to find mint-state pieces, as most were minted in low quantities.

Mintage: 360,649.

Estimated Value: Around $200 in lower circulated grades, $8,000+ in MS-65+.

1921 (High Relief)

a 1921 peace dollar with pronounced relief.

The only Peace Dollar struck in high relief. It was the first year of issue and has strong historical and design appeal. Scarce in uncirculated condition.

Mintage: 1,006,473.

Estimated Value: $3000 in circulated condition, $1,500+ in MS-65+.

1934-S (San Francisco)

a 1934 peace dollar with an "S" mint mark.

The 1934 edition was the revival of peace coins (the mintage officially stopped in 1928). Revivals are a common trend among peace and Morgan silver dollars. The mintage of 1934 isn’t especially low, but this date is very hard to find in mint state, particularly above MS-64. It's a conditional rarity.

Mintage: 1,011,000.

Estimated Value: up to $150 in circulated condition, $11,500+ in MS-65+

1935-S (San Francisco)

a 1935 peace dollar with an "S" mint mark.

The final year of the original Peace Dollar series. It becomes rare in higher uncirculated grades and is desirable to those completing full sets.

Mintage: 1,964,000.

Estimated Value: about $75 in circulated condition, $1,450+ in MS-65.

1925-S (San Francisco)

a 1925 peace dollar with an "S" mint mark.

A lot of 1925-S pieces came with a low quality, which makes higher grades very desirable. This abundance of errors was common for that era, and 1925 penny also often came with errors or low grades,

Mintage: 1,600,000.

Estimated Value: about $40 in circulated condition, $15,000+ in MS-65.

Coin Value Guide

What makes a coin valuable, and how to find valuable pieces? Here’s a little guide for you.

A Coin is considered valuable due to:

  • Material. Peace dollars silver content makes them very desirable among collectors.

  • Date. The older the piece, the more desirable it is.

  • Grade. The higher the state of the coin is, the higher its grade. Coins in mint state usually cost at least more than $1000.

  • Mintage. One of the biggest value factors. Most rare coins have low mintages.

How to find a valuable coin?

  • Always check mint marks. Coin mint marks show where the piece was made, and some marks are rarer, like “S” (San Francisco), “CC” (Carson City), and “O” (New Orleans).

  • Check the condition of your piece. The condition drastically changes the value, especially if it comes with a certificate. Look for appraisers who could help you.

  • Do not clean your collectible. Polished or harshly cleaned coins lose collector value. Most people don’t know how to properly clean them, so it’s best to leave them alone.

coins being cleaned inappropriately under a sink.

Coins ID Scanner

Coin ID Scanner is a strong, free tool for identifying coins.

If you don’t have a professional appraiser, just turn on the app, take a photo of your collection, and the app will scan it with the power of AI.

Coin ID Scanner boasts a catalog of 150,000+ coins, and each piece you scan becomes a part of your digital collection. Even if you end up selling your piece, it will always stay with you in the app.

You can download Coin ID Scanner for free on Android/iOS.

FAQ

How Many Peace Dollars Make an Ounce of Silver?

Each peace coin contains 0,7734 troy oz. of silver. To make an ounce, you’d need 1,3 dollars.

Are there 2023 Morgan and Peace Silver Dollars?

Yes! Even though Morgan and Peace coins started circulating a century before and their mintage officially entered, lately they’ve been recirculated to commemorate the 100th anniversary. It’s a common practice, as the 2009 Penny was also made to commemorate the 100th anniversary.

Are Peace Coins Valuable?

Yes, they are valuable. For their silver content, even common pieces could get you $25 and more. Rarer examples are worth $1000 or more.

Related Coin Value Guides:

Find out for sure in
our app

coin icon

"Is that" your coin?

Find out for sure in our app

Find my Coin