Peace & Morgan Values? - Coin Community Forum (2024)

FAQs

Which Peace dollar is worth money? ›

The rarest and most valuable Peace silver dollar in circulated condition is the 1928-P (Philadelphia-issued) variety with a mintage of 360,000 coins. Prices can vary anywhere from $150 to $300, depending on the coin's condition. But some individual Peace dollars fetch a whole lot more than that.

Morgan and Peace Dollars are among the most popular investment-grade coins. However, their true merit depends on the unique goals and budgets of each investor. Working with a reputable precious metals expert can help you determine how these coins align with your long-term investment goals.

A: Peace Dollars can be a good investment for those interested in numismatics (coin collecting) as they hold both historical and monetary value.

Morgan Dollars were primarily minted to fulfill the requirements of the Bland-Allison Act, which required the U.S. Treasury to purchase large quantities of silver and mint it into dollars. Peace Dollars were minted to commemorate the end of World War I, hence the name “Peace” dollars.

1928-S Peace Dollar

Most of these coins were released into circulation, making 1928-S peace dollars in mint state extremely rare. Notably, Peace dollars struck at the San Francisco facility were generally of a poor strike, making gem examples all the more rare.

Silver content is a key factor in the 1922 silver dollar's value. Composed of 90% silver and 10% copper, this coin is not only valuable in terms of its monetary face value but also in its intrinsic metal value. The price of silver fluctuates in the global market, which in turn influences the coin's worth.

WASHINGTON – The United States Mint (Mint) is pleased to announce that the 2024 Morgan and Peace Uncirculated Silver Dollars will go on sale on July 11 at noon EDT. Production is limited to 275,000 coins each, and orders are limited to 25 coins per household for the first 24-hour sales period.

Morgan silver dollars with low mintage or with few still surviving are considered to be rare coins and are heavily sought after by coin collectors, increasing their value.

The Treasury Department claims every one was accounted for and melted. None have publicly surfaced in the 45 years since. If an original 1964 Peace silver dollar were to turn up, it would be subject to immediate confiscation since it would be assumed to be stolen government property.

While there are no extreme rarities in the rather short-lived Peace dollar series, the 1928-P is the key date, commanding a good price even in well-circulated grades. Most of the San Francisco issues are tough in top uncirculated grades, particularly the 1927-S and 1928-S as well as the 1924-S and 1934-S.

Why is the 1934 peace dollar so valuable? ›

Despite not having the lowest mintage of the series, the 1934-S Peace Dollar is considered the key date to the business strike series. Over one million coins were struck, all after October 26. Most entered circulation and only three or four bags worth were preserved in Mint State for collecting purposes.

For some collectors, the 1922 Peace Silver Dollar is the gem of the series. James Bucki is a nationally-recognized coin collector and numismatic expert and author, sharing his knowledge and specialized training in coin grading, minting errors, and collection techniques.

1895: An anomaly in the series, the 1895 Morgan Dollar holds unparalleled value as one of the most valuable Morgan Dollars. With no official circulation coins minted that year, the few proof coins produced make it a numismatic gem.

High-End Morgan Silver Dollars are coveted for their aesthetic beauty, historical relevance, and rarity and quality. Struck in 90% silver and 10% copper, these coins are a testament to the artistry of their time, with George T. Morgan's iconic Lady Liberty design gracing one side and a majestic eagle on the other.

Further changes were made to the hair, rays, and lettering. The lettering was modified to give it a more rounded appearance. This is most noticeable in the rounded top of the letter A's appearing on the reverse.

The Peace Dollar is one of the most sought after silver coins ever produced by the U.S. Mint. Due to the fact that these coins were of limited mintage and were only minted for a period of a few years, coin collectors may want to own Peace Dollars from each year they were minted.

The 1921 Peace Dollar is particularly important because it is a first-year issue, and the coin was struck with higher relief than issues dated 1922 onward.

For the most part, 1922 Peace Dollars with no mint mark are worth anywhere from $15 to $30. Some coins may be worth more or less, depending on their condition. 1922 Philadelphia Peace Dollars with rare errors may sell for even more to collectors.