Values
A Peace dollar’s market depends on the date, the mint mark, and the grade. Melt is a different conversation. This page is a series reference, not a price list. 1921 is high relief. Later years are the lower relief circulating type.
The G, VF, and MS-63 columns sit in the mintage chart below. Those figures are from the NGC US Coin Price Guide, retrieved 2026-08-23. They are a published guide, not an offer and not melt. A blank cell means that grade was not printed in this pass.
A dealer looking at the coin in hand will beat a guide number. If you are trying to sell a pile of them, start with how to sell a coin collection and the Ohio coin dealer directory.
Key Dates
PCGS CoinFacts names the 1928-P as the key date. This is a name list, not a price list. That Philadelphia row is bold. Do not invent 1921 or 1934-S as keys just because they are discussed.
- 1928
Key date names: PCGS CoinFacts. This is a name list, not a price list.
Errors
These are named types and omissions. They are not extra pamphlet rows.
1921 high relief. That is the first-year type. It is not an error.
1928-P. The CoinFacts key. The count is the Wikipedia business strike, and the row is bold. 1934-S is on the chart too. It is not a second key.
Compare the coin in hand to the NGC Coin Explorer Peace page. We do not host their plates.
Varieties
1921 is the high-relief type. Later years are the lower relief. VAM numbers exist for Peace die marriages. This page names the relief change and the doubled dies guides treat as major. It is not every VAM.
- 1921 high reliefThe first-year relief. It is a type, not an error and not a grade. Later circulation dates are the lower relief.
- 1934-D doubled die obversePCGS lists more than one doubled obverse, including a medium D and a micro D. A regular 1934-D is not this die. This page does not print a count.
Names follow PCGS CoinFacts and NGC, the same publishers this site already cites. This is a name list, not a price list and not a count.
Mintage
Peace dollars were struck at Philadelphia, Denver, and San Francisco. NGC Coin Explorer figures stay as printed. 1923-S, 1925, 1925-S, 1926-S, 1927-D, 1928-P, and 1934-S are the Wikipedia business strikes NGC left blank. The 1974 Mint pamphlet 1921 dollar cells still mix Morgan and Peace. This chart uses the NGC Peace-only 1921 count and says so on that row. 2021 and later Peace dollars are not this series.
| Year | Mint | Mintage | NGC ID | G | VF | MS-63 |
|---|---|---|---|---|---|---|
| 1921 | P | 1,006,473 NGC Peace-only count. The 1974 pamphlet 1921 dollar cells mix Morgan and Peace. | 17356 | $135 | $250 | $1,000 |
| 1922 | P | 51,737,000 | 17357 | $60 | $61 | $115 |
| 1922 | D | 15,063,000 | 17358 | $60 | $61 | $125 |
| 1922 | S | 17,475,000 | 17359 | $60 | $61 | $135 |
| 1923 | P | 30,800,000 | 17360 | $56 | $56 | $85 |
| 1923 | D | 6,811,000 | 17361 | $60 | $61 | $225 |
| 1923 | S | 19,020,000 | — | — | — | — |
| 1924 | P | 11,811,000 | 17363 | $60 | $61 | $115 |
| 1924 | S | 1,728,000 | 17364 | $60 | $68 | $650 |
| 1925 | P | 10,198,000 | — | — | — | — |
| 1925 | S | 1,610,000 | — | — | — | — |
| 1926 | P | 1,939,000 | 17367 | $60 | $61 | $135 |
| 1926 | D | 2,348,700 | 17368 | $60 | $61 | $300 |
| 1926 | S | 6,980,000 | — | — | — | — |
| 1927 | P | 848,000 | 17370 | $60 | $61 | $250 |
| 1927 | D | 1,268,900 | — | — | — | — |
| 1927 | S | 866,000 | 17372 | $65 | $73 | $550 |
| 1928 | P | 360,649 | — | — | — | — |
| 1928 | S | 1,632,000 | 17374 | $63 | $73 | $525 |
| 1934 | P | 954,057 | 17375 | $65 | $68 | $250 |
| 1934 | D | 1,569,500 | 17376 | $61 | $63 | $350 |
| 1934 | S | 1,011,000 | — | — | — | — |
| 1935 | P | 1,576,000 | 17378 | $61 | $63 | $200 |
| 1935 | S | 1,964,000 | 17379 | $61 | $73 | $485 |
Mintage: NGC Coin Explorer, retrieved 2026-08-23. A blank year in the prose is a year NGC did not print. These are Explorer manufacture figures, not a Red Book net or melt.
Collector-standard year/mint presentation follows A Guide Book of United States Coins (the Red Book). These cells are Mint manufacture figures, not a Red Book net or melt.
Values: NGC US Coin Price Guide, retrieved 2026-08-23. Guide values, not offers. Not melt. NGC IDs link to the same publisher’s price-guide listing.
Key date names: PCGS CoinFacts. Bold rows are only dates that publisher named.
NGC ID: NGC Coin Explorer listing number, retrieved 2026-08-21. A dash means this pass did not record an ID.
1923-S, 1925, 1925-S, 1926-S, 1927-D, 1928-P, and 1934-S are the Wikipedia Peace dollar business strikes NGC left blank, retrieved 2026-10-06. 1928-P is the CoinFacts key and is bold on this chart. 2021 and later Peace dollars are a different issue and are not rows here. Guide cells retrieved 2026-08-23.
These are manufacture figures, not a Red Book net or melt. The grade columns in the same box are NGC guide values from 2026-08-23, not an offer. The classic 1921–1935 business strikes are all on this chart.
Specifications
These are mint specs, not what a dealer pays. Wear can take a little weight off. We will not invent a tolerance.
| Specification | Figure |
|---|---|
| Diameter | 38.1 mm (1.5 in) |
| Thickness | 2.40 mm |
| Weight | 26.73 g (412.5 grains) |
| Composition | 90% silver, 10% copper |
| Fine silver | 0.77344 troy oz. Melt math uses this figure. It does not appraise a coin. |
| Edge | Reeded |
| Designer | Anthony de Francisci |
Coinage Act standard for the silver dollar (412.5 grains, .900 fine), the same planchet family as the Morgan. Thickness 2.40 mm is the Numista Peace type page (N#5580, KM# 150). Fine silver is the same 0.77344 troy oz the melt calculator uses for a Morgan / Peace dollar.
Grading
A Peace dollar wears first in Liberty’s hair over the ear and on the eagle’s wing. 1921 is high relief. Later years are the lower relief circulating type.
Bag marks show up on the cheek and the fields. A bright coin with a chewed-up cheek is still a chewed-up cheek. PCGS CoinFacts names 1928-P as the key. That Philadelphia mintage is on the chart.
Key Diagnostic Areas
| Area | What to examine | Why it matters |
|---|---|---|
| Hair over Liberty’s ear | The locks just above the ear, where the hair is highest. | This is the first hair to go flat on a Peace dollar. |
| Eagle’s wing | The feathers on the wing and the high ridge of the bird. | The wing goes slick while the rays can still look busy. |
| Cheek and fields | Bag marks on Liberty’s cheek and in the open fields. | On mint-state coins, marks and luster decide the number. |
| Relief and date | 1921 high relief versus later lower relief, and the numerals. | Relief is a type, not a grade. A worn date is a worn dollar. |
Circulated & Mint State
These cards describe this coin, not a second copy of the P-1 through MS-70 chart. The shared numbers live on the glossary.
See graded photos. The photos that show what VF looks like live at PCGS. We do not host their plates. PCGS CoinFacts is the catalog page for this series. NGC Coin Explorer is another look if you want a second set. Guide values on this page came from the NGC Price Guide.
What each named grade looks like on this design.
Poor
Poor
A silver disk you can still name if you already know the type.
- Hair over Liberty’s ear is gone.
- The eagle’s wing is a lump.
- the date may be a shadow. Shine does not raise this.
AG
About Good
You might read a digit. The high points are already slick.
- Hair over Liberty’s ear is worn to a blank patch.
- The eagle’s wing is not a conversation yet.
- If you cannot read the date without hoping, stay here.
Good
Good
The date is readable. The design is still mostly an outline.
- Hair over Liberty’s ear is flat. The portrait is a head, not a face.
- The eagle’s wing is outlined.
- 1921 high relief is a type, not a grade.
VG
Very Good
The date is clear. A little life returns away from the high points.
- Some leftover detail sits next to hair over liberty’s ear.
- The eagle’s wing starts to hint at itself.
- Do not clean the date to “see it better.”
Fine
Fine
You can follow the design. The high points are outlined, not sharp.
- Hair over Liberty’s ear is outlined and tired.
- The eagle’s wing shows leftover lines, not a full coat.
- the date should be clear.
VF
Very Fine
The design is doing real work. The high points still decide.
- Leftover detail sits in hair over liberty’s ear.
- The eagle’s wing has leftover lines. The center is still the worn spot.
- 1921 high relief is a type, not a grade.
EF
Extremely Fine
Most of the coin looks sharp. The high points tell on it.
- Light wear on hair over liberty’s ear and the eagle’s wing.
- Those spots go first. A pretty tone does not hide a flat high point.
- 1921 high relief is a type, not a grade.
AU
About Uncirculated
Almost no wear — and “almost” lives on the same high points.
- A trace of rub on hair over liberty’s ear.
- Luster may still sit in the fields. Rub is still rub.
- 1921 high relief is a type, not a grade.
Basal MS
Mint State
No wear. The fight is marks and luster, not how white the coin looks.
- No rub on hair over liberty’s ear or the eagle’s wing.
- Marks and luster decide how this mint-state coin lives.
- 1921 high relief is a type, not a grade.
Choice
Choice Mint State
Still no wear. Cleaner fields than basal mint state.
- Same no-wear rule on hair over liberty’s ear.
- Fewer marks in the fields. Luster is more intact.
- 1921 high relief is a type, not a grade.
Gem
Gem Mint State
A clean example of the type. Still mint state, still not a story.
- No wear on hair over liberty’s ear or the eagle’s wing.
- Marks and luster, not a romance about a date.
- A slab is an opinion in plastic. The glossary has the numbers.
Proof Peace dollars are not a circulation-grade story on this page. This page does not invent a PR price grid — NGC did not print one in the 2026-08-23 sheet used here. The proof numbers live on the glossary.
Copper color designations (BN, RB, RD) do not apply here. Those belong on copper coins such as the Lincoln Wheat cent. See the Lincoln Wheat cent and the glossary.
Overview
A Peace dollar is a United States silver dollar struck on Anthony de Francisci’s design from 1921 through 1935, with a gap after 1928. Collectors mean those circulation coins. 1921 is high relief. Later years are lower relief. People like them because the design is easy to show someone across a table. They are also easy to ruin. A wiped coin looks “better” to a seller and worse to everyone else.
This page is a series article, not a shop listing.
History
The Mint finished the Morgan run in 1921 and started Peace the same year. The pamphlet 1921 dollar totals still mix the two designs. This page will not pretend to split that pamphlet cell. NGC prints a Peace-only 1921 figure, and that is the count on this chart. Production stops after 1928, then returns in 1934 and 1935. There is no 1929–1933 Peace dollar here.
This page will not invent a shop list or a melt story to fill the years between.
Collector Peace dollars from 2021 on are a different issue from these 90 percent silver coins. None were made in 2022. The article’s later rows are not added to this chart.
Design
Obverse: Liberty facing left with a radiate crown, “LIBERTY,” “IN GOD WE TRUST,” and the date. Reverse: an eagle on a rock, “PEACE,” “UNITED STATES OF AMERICA,” and “ONE DOLLAR.” Look at the hair over the ear, the eagle’s wing, and the cheek. Those spots go flat first. 1921 high relief is a type, not a grade.
People Also Ask
What years are Peace dollars?
Circulation Peace dollars were struck from 1921 through 1928, then again in 1934 and 1935. 1921 is the high-relief type. There is no 1929–1933 Peace dollar in the original series.
How much is a Peace dollar worth?
It depends on the date, the mint mark, and the grade. The G, VF, and MS-63 columns in the mintage chart are NGC guide values from 2026-08-23, not an offer. Melt is a different conversation. A dealer looking at the actual coin will beat a guide number.
Is a Peace dollar 90 percent silver?
Yes. Circulation Peace dollars are 90 percent silver and 10 percent copper, the same Coinage Act dollar planchet as the Morgan. That is composition, not a value quote.
What is the key date Peace dollar?
PCGS CoinFacts names the 1928-P as the key date. That Philadelphia count is on the chart and is bold. It is the Wikipedia business strike.
Should I clean a Peace dollar before I sell it?
No. Dip, polish, or a kitchen scrub usually cuts the price. Leave the coin as it is and let a dealer tell you what they see.
Collector Considerations
Buy the coin, not the story. A common 1923 in a high grade can cost more than a worn date someone called “Peace” like that was the whole conversation. That is normal.
If you inherited a box, do not scrub the date to “see it better.” Keep them in the holders they arrived in, or in cheap cardboard flips, and take the box to a person who sees Peace dollars every week. The coin dealer directory starts in Ohio.
For the dollar that came before Peace, read the Morgan dollar page.
A Final Word
Peace dollars reward people who slow down. Read the date. Read the mint mark. Look at the hair over the ear. Leave the polish under the sink.
When you want the earlier dollar on this site, the Morgan dollar is already here.