US Peace Dollar  1921 to 1935
US Peace Dollar 1921 to 1935

The two *good dates* in the Peace dollar series are 1921 and 1928:

PEACE DOLLAR DATED 1921: $100 in average circulated condition
PEACE DOLLAR DATED 1928: $400 average circulated

Except for the 1921 and 1928 dates, the remaining coins in the Peace dollar series are generally worth their basic bullion value, plus a premium to account for buyer demand. 1922 and 1923 are the most common dates.

As the price of silver goes up, Peace dollars gain more and more value. Of course if silver runs downward, so do Peace dollars. A decent rule of thumb for common date silver dollars is to first take the price of silver (found on web sites such as in US dollars per troy ounce), multiply it by 0.773, which is the number of troy ounces of silver in a US silver dollar, to get the base value (BV). For instance, if silver is selling at $20 per troy ounce, the base value is 0.773 x 20 = $15.46. Once you have the BV, add a collector premium to that number to get a retail value. The collector premium varies with condition, as follows:

COMMON DATE PEACE DOLLARS (see list below for better dates):
worn: $3 US dollars added to basic silver value
average circulated: $5 added
well preserved: $10
fully uncirculated: $20
coins dated 1922 and 1923 are very common, divide the premiums by two

There are a few dates and mint marks which command higher added premiums if they are in fully uncirculated condition. These are:

1924S: add $150 to BV for fully uncirculated coins
1927D: add $120
1927S: add $120
1928S: add $120
1934D: add $100
1934S: add (are you ready?) $1200

The calculations above yield an approximate retail price. If you sell coins to a dealer, he or she will pay much less than retail in order to reserve a markup to keep the dealership solvent. You can learn about dealer markup in our discussion of 'catalog' value on our Important Terminology page (link at upper left). Typical markups for Peace dollars deduct 30 to 50 percent from the retail price of single coins. If you have a ton silver to sell, dealers will give you better deals, making up for markup percentage with sales volume.

Jacob at Great Southern Coins gave us permission to use his picture of the 1934S. It's a beauty. You have to squint to see the mint mark. Usually a magnifier is required to read it.

The key date of the Peace dollar series is 1928. Here is how catalog values run for coins dated 1928 with no mint mark:

worn: $250 US dollars approximate catalog value
average circulated: $350
well preserved: $380
fully uncirculated: $900

If you have a 1921 Morgan dollar instead of a 1921 Peace dollar (see this CoinQuest link), it is not valuable. It is worth about the same as a common date Peace dollar.

1921 is the year they switched from Morgan to Peace dollars, so it is the first year of issue for the latter. It turned out that the new Peace dollar design was very difficult to strike, and a lot of minting machines broke under the strain. After 1921 they changed the design by making it flatter. This means the 1921 coins are special and coin collectors love special things. The increased collector demand for 1921 Peace dollars drives the price up.

If Kecia thinks her coin might be in extra good shape, it is worth having it authenticated, graded, and encapsulated by a third party service. PCGS, ICG, ANACS, and NGC are the recognized leaders in such services. Look them up on the Internet. Do not use others.

Coin: 768 , Genre: United States
Requested by: kecia, Wed, 22-Jul-2009 15:45:45 GMT
Answered by: Paul, Wed, 16-Jul-2014 18:18:42 GMT
Reviewed by CoinQuest. Appraisal ok., Mon, 17-Aug-2015 14:45:17 GMT
Requester description: 1921 1921 silver dollar with liberty across the top of the front and lady liberty underneath. the otherside has E.Pluribus Unum and a eagle on it.
Tags: us usa peace dollar dollare doller dol dollars silver liberty front lady woman pluribus unum eagle siliver sliver argent silber silverish slver silb empress lsdy femal women female feminine womans girls females womens ladys princess girl ladies pluribs plirbis pluribusunum epluribus plurabus urum vnvm eaglets egals eable egal eagles eag ealge eagel folded fold perch perched rock one beams ray beam trvst trust tiara crown pearched rocks ones radiating radiates raduate rays readiate radiate radiant crowned crwon crpwn crowns tiarra crowning tiera spike spikes hawk falcon spiked


what is the value of a 1926 Peace Silver Dollar?
- Linda
Look up the price of silver, multiply it by 0.773, then add the dollar amount shown in the listing above for common date peace dollars. - CoinQuest (Paul)

I have a 1922 peace dollar. How can i tell if it is high or low profile please? Thank you. Frarnie - frarnie
There is only one known 'high relief' Peace dollar dated 1922. All of the circulating 1922 high relief Peace dollars are believed to be destroyed, all 35,401 of them. (Cited from: - CoinQuest (Andrei)

I have a 1922 liberty peace dollar coin. What is the value?? - Doug
Please read the page. - CoinQuest (Paul)

I have a 1927 but I don't see any mark as in the list of this page, for 1927S. How I know if a coin is genuine or a copy? - Ben
1927S is one of the Peace dollars. See the COMMON DATE PEACE DOLLARS section for circulated coins. If your coin is fully uncirculated, then the value goes up substantially, as shown under the COMMON DATE section. - CoinQuest (Paul)

I have a 1922 peace dollar with a U.S. anchor above the one on the reverse side. What is this coin worth? - Sandyrgroh74
It sounds like someone struck an anchor pattern into the coin. Maybe it was to celebrate the Navy or Coast Guard. Nevertheless, it is considered damage by coin collectors. Your coin is worth its weight in silver (see this page). A US military person may want to pay a premium for it. - CoinQuest (Paul)

I have a circulated 1922 liberty peace dollar that's minted with an S can you tell me how much it is worth? - Sherman
1922S is a common date and mint mark. See the COMMON DATE section on this page. - CoinQuest (Paul)

I have a 1922 peace dollar that has a tiny 1 mark above the 9. What does this mean? - Daniel S.
More than likely, the '1' was added by a punch or other damaging tool. It does not change the value of the coin very much. - CoinQuest (Paul)

I just wanted to thank you for a terrific service you provide. Very helpful. Thank you.
:) - CoinQuest






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