The Peace Silver Dollar is an iconic American coin, symbolizing the nation's hope for peace after the turmoil of World War I. Minted from 1921 to 1935, these beautiful silver dollars are highly sought after by collectors for their artistic design and historical significance. While common dates are affordable, key dates like the 1921 High Relief and the 1928-P are valuable treasures.
This guide will walk you through everything you need to know about Peace Dollar values in 2025. With the Coinly app, you can instantly identify your Peace Dollars, determine their grade, and get an accurate, up-to-the-minute market value.
Understanding the Peace Dollar
- Years of Issue: 1921-1928, 1934-1935
- Composition: 90% silver, 10% copper
- Silver Content: 0.7734 troy ounces of pure silver.
- Designer: Anthony de Francisci
- Current Silver Melt Value (Feb 2025): Approximately $24.17 (This is the base value for any Peace Dollar, regardless of condition).
The Most Valuable Peace Dollars: Key Dates
While all Peace Dollars carry significant silver value, these key dates are the ones collectors pay big premiums for.
1. The 1921 High Relief Peace Dollar
- The Story: The first year of issue, 1921, was struck in a beautiful high relief, which brought out the stunning details of the design. However, this high relief caused production problems and the design was lowered for all subsequent years.
- Value Range: $150 (worn) - $5,000+ (uncirculated). A true gem MS-65 can be worth over $25,000.
- How to Identify: The details, especially the hair strands and feathers, are much sharper and higher than on later dates.
2. The 1928-P Peace Dollar
- The Story: With a mintage of only 360,649, this is the lowest mintage and the undisputed key date of the entire series.
- Value Range: $350 (worn) - $15,000+ (uncirculated).
- Identification: A 1928 Peace Dollar with no mint mark below the eagle's tail on the reverse.
Other Key and Semi-Key Dates
| Date | Mintage | Good-4 Value | MS-63 Value | Notes |
|---|---|---|---|---|
| 1924-S | 1,728,000 | $40+ | $500+ | Often weakly struck |
| 1927-D | 1,268,900 | $40+ | $600+ | Semi-key date |
| 1928-S | 1,632,000 | $40+ | $550+ | Semi-key date |
| 1934-S | 1,011,000 | $50+ | $2,000+ | Low mintage, hard to find |
Instantly Value Your Peace Dollars!
Is your Peace Dollar a common date or a rare 1928-P? Scan it with the Coinly app to find out instantly. Get accurate grading and real-time market values in seconds!
Value Your Silver Dollars with CoinlyCommon Date Peace Dollars (1922-1926)
Most Peace Dollars you find will be common dates. Their value is closely tied to the price of silver, but they always carry a numismatic premium.
- Typical Value (Circulated): $35 - $50. This includes their silver value plus a premium for being a classic, collectible coin.
- Typical Value (Uncirculated): $60 - $150+. Uncirculated examples (MS-60 and above) are worth significantly more.
Grading Your Peace Dollars
Condition is critical for determining value. Here are the key areas to check for wear:
- Obverse (Front): Look for wear on Liberty's cheek, the hair above her eye and ear, and the folds of her gown.
- Reverse (Back): Check the feathers on the eagle's wing and leg for flatness and loss of detail.
For a quick and accurate grade estimate, use the Coinly app. Its AI can analyze your coin's photo and provide a preliminary grade based on the amount of visible wear, helping you better understand its value.
Conclusion: A Series Worth Collecting
The Peace Dollar series is a short, completable, and historically significant set of coins. Every single one is a valuable piece of silver, and the key dates offer the thrill of finding a true numismatic rarity. Whether you are a seasoned collector or just inherited a single silver dollar, understanding its history and value is a rewarding experience.
Use this guide to identify what you have, and use the Coinly app to confirm your findings and get the most accurate, up-to-date valuation. Happy collecting!
Values are estimates based on market conditions in February 2025 and can fluctuate. For high-value coins, professional grading by services like PCGS or NGC is recommended for authentication and to maximize value.
