Values and Prices of Peace Silver Dollar

How Much Is My Peace Silver Dollar (1921-1935) Worth?

1928 Peace Dollar
1928 Peace Dollar. Image Courtesy of: Heritage Auction Galleries,

To memorialize the end of World War One a competition was held to design a peace coin. Italian American sculptor Anthony de Francisci's design won. This guide will give you an idea of how much your peace silver dollars, minted from 1921 to 1935, are worth. The table below provides average coin values and prices based upon the condition of the coin. 

History of the Peace Silver Dollar

In 1920 America was celebrating the recent end to World War I and Farran Zerbe, historian of the American Numismatic Association, presented a paper entitled, "Commemorate the Peace with a Coin for Circulation," proposing a new design for the half dollar or the silver dollar if the denomination gets resurrected.

The enthusiasm for this idea was so great that the ANA created a committee to help prepare a bill for Congress to accomplish this task.

In November 1921 the Federal Commission of Fine Arts announced a competition for a design to commemorate the world peace after the war. De Francisci's design was ultimately chosen in the early part of December 1921. This did not leave much time for production of silver dollars dated 1921.

From December 26 through 31, 1921 a total of 1,006,473 peace dollars were struck at the Philadelphia mint. The initial design was in high relief in order to accentuate the artistic details of this new silver dollar. Unfortunately, it was difficult to strike and in 1922 the relief was lowered to make it easier to mint them.

The Market for Peace Silver Dollars

Well worn Peace Dollars derive a majority of their value from the silver content of the coin. Therefore, if the price of silver is relatively high, the coin will be worth only what it's silver content is.

Peace silver dollars were a relatively short series of US coins to collect and therefore there is usually a pretty good demand for them. If you want to get paid top-dollar for your Peace Dollars, you need to sort and organize your coins so the coin dealer can quickly see what you have.

Key Dates, Rarities, and Varieties

As with all coin collecting, certain dates and rarities will cause some coins to be worth more than others.

The following peace silver dollars in any condition, are worth considerable more than common ones.  As such, these coins are sometimes counterfeit or altered from common examples.  Therefore, before you start celebrating your early retirement with your new found fortune, have the coin authenticated by a reputable coin dealer or third party grading service.

  • 1921
  • 1928
  • 1934-D Doubled Die (see photo below)
  • 1934-S (Uncirculated)

Learn More About Peace Silver Dollars:

Condition or Grade

If your coin is worn and looks similar to the one illustrated in the link below, it is considered a circulated coin.

If your coin looks similar to the one illustrated in the link below and has no evidence of wear due to being in circulation, it is considered an uncirculated coin.

Learn More:

Mint Marks

As illustrated in the photo in the link below, the mint mark is located on the reverse of the coin, just below the word "ONE" on the left side.

    Peace Silver Dollar Average Values and Prices

    The following table has the buy prices (what you can expect to pay to a dealer to purchase the coin) and  sell values (what you can expect a dealer to pay you if you sell the coin). The first column records the date and mint mark (see the section above) followed by the buy price and the sell value for an average  circulated peace silver dollar half dollar.  The next two columns list the buy price and the sell value for an average uncirculated. These are approximate retail prices and wholesale values. The actual offer you receive from a particular coin dealer will vary depending on the actual grade of the coin and a number of other factors that determine its worth.

    Date & MintCirculated Uncirculated
    BuySell BuySell
    1921 *$80.00$40.00 $380.00$270.00
    1922$30.00B.V. $45.00$33.00
    1922 D$28.00B.V. $59.00$41.00
    1922 S$29.00B.V. $63.00$44.00
    1923$30.00B.V. $45.00$33.00
    1923 D$30.00B.V. $90.00$60.00
    1923 S$28.00B.V. $65.00$47.00
    1924$28.00B.V. $44.00$31.00
    1924 S$39.00$22.00 $370.00$270.00
    1925$29.00B.V. $45.00$33.00
    1925 S$37.00$21.00 $160.00$100.00
    1926$29.00B.V. $72.00$51.00
    1926 D$29.00B.V. $120.00$80.00
    1926 S$28.00B.V. $80.00$60.00
    1927$36.00$21.00 $150.00$110.00
    1927 D$35.00$20.00 $280.00$200.00
    1927 S$36.00$20.00 $340.00$240.00
    1928 *$240.00$130.00 $670.00$450.00
    1928 S$39.00$22.00 $320.00$230.00
    1934$37.00$20.00 $160.00$110.00
    1934 D$35.00$20.00 $250.00$190.00
    1934 S$48.00$26.00 $2,800.00$1,900.00
    1935$36.00B.V. $90.00$60.00
    1935 S$35.00B.V. $290.00$210.00
    Date-Mint Set
    $1,000.00$510.00 $7,000.00$5,000.00
    Date Set
    $350.00$175.00 $1,350.00$925.00

    B.V. = Bullion Value; Look up the Current Bullion Melt Values of U.S. Silver Coins
    *= See the section above "Key Dates, Rarities and Varieties" for more information on these coins.


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