2023-S Peace Silver Dollar PCGS Proof-70 First Strike (2024)

FAQs

What is a silver dollar worth in 2023? ›

The 2023 Morgan and Peace Proof Silver Dollars, both minted at the San Francisco Mint, are priced at $80 each, struck in . 999 silver, and have a proof finish.

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.

The coin's mintmark is found on the reverse near the eagle's tailfeathers. Peace Dollars were minted at three U.S. mints - San Francisco ("S" mintmark), Denver ("D" mintmark), and Philadelphia (no mintmark).

Originally minted from 1878 to 1904 and again in 1921, the Morgan silver dollar coins are regularly sought after by coin collectors. In 2021 an 1893 Morgan silver dollar struck at the San Francisco mint sold for over $2 million, making it the highest selling Morgan silver dollar ever.

The weight of your coins is probably one of the most accurate ways to tell if your silver coins are valuable. Since the silver market is measured by weight, you can look at the current price of silver and use that to determine your coin's value based on how much your coins weigh.

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

A few of the most common junk silver coins include 90% silver Mercury Dimes and Roosevelt Dimes, Washington Quarters and Barber Quarters, Kennedy Half-dollars and Barber Half-dollars, Morgan and Peace Dollars. Junk silver coins are typically low-graded and carry little numismatic value.

Peace dollars range in price from as low as $35 for a worn coin to as high as tens of thousands of dollars for a high grade uncirculated one, depending on date and mintage. There are 24 coins in a complete Peace dollar date and mint set.

With a mintage of 360,469 coins, the 1928 Peace Dollar also has the lowest mintage in the entire Peace Dollar series by a large margin. The second lowest mintage after the 1928 Peace Dollar is the 1927 Peace Dollar with a mintage of 848,000 coins. Peace Dollars were first struck from 1921 to 1928.

What year did they stop making Peace Dollars? ›

The Peace dollar is a United States dollar coin minted for circulation from 1921 to 1928 and 1934 to 1935, and beginning again for collectors in 2021.

President Lyndon Johnson approved the order despite heavy opposition, but after several months, no 1964-D Peace dollars were struck. Finally on May 12, 1965, the Mint struck its first 1964-D Peace dollars; however, these were only struck as a trial pieces.

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.

So, if you come across a coin without a mint mark, it's most likely a product of the Philadelphia Mint. This means the various mint marks found on Morgan Silver Dollars don't just represent the origin of the coin; they tell a story of American history, industrial growth, and geographical expansion.

Today's United States Silver Dollar--the Silver American Eagle, trades very closely to the silver price and is considered a bullion coin. They trade for up to $5-$10 over the spot price of silver, depending upon how many you acquire. You can find some Silver American Eagle coins for sale.

However, Silver Eagles are worth close to their intrinsic metal value. General shortage or surpluses of Silver Eagles in the marketplace can affect their worth as related to pure investment grade bullion. The Monex bid selling price for One-Ounce Silver Eagle coin is: $33.63.