1923 Peace Dollar
CoinTrackers.com has estimated the 1923 S Peace Dollar value at an average of $26, one in certified mint state (MS+) could be worth $2,800. (see details)...
USA Coin Book Estimated Value of 1923 Peace Silver Dollar is Worth $31 in Average Condition and can be Worth $51 to $170 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. The Melt Value shown below is how Valuable the Coin's Metal is Worth (bare minimum value of coin). The typical 1923-S Peace Dollar is characterizerd by a poor strike, lackluster appearance, and excessive bagmarks. This is pretty typical of any S-Mint Peace Dollar, but especially so on the 1923-S. What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc.): USA Coin Book Estimated Value of 1923-D Peace Silver Dollar is Worth $31 in Average Condition and can be Worth $83 to $1,397 or more in Uncirculated (MS+) Mint Condition. Click here to Learn How to use Coin Price Charts.
Type:Peace Dollar
Year:1923
Mint Mark: S
Face Value: 1.00 USD
Total Produced: 19,020,000 [?]
Silver Content: 90%
Silver Weight: .7735 oz.
Silver Melt: $21.05
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $26, while one in certified mint state (MS+) condition could bring as much as $2,800 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1923, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].
Additional Info: The 1923 (s) Peace dollars (minted in San Francisco) are the most valuable of the 1923 silver dollars. Even in poor condition the melt value is spot times .7735 oz. These and the Morgan Silver dollars are 90% silver.
Numismatic vs Intrinsic Value:This coin in poor condition is still worth $4.95 more than the intrinsic value from silver content of $21.05, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.
Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Also learn how to properly store your coins.
Current silver melt value* for a 1923 S is $21.05 and this price is based off the current silver spot price of $27.22 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.
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**When we say that 19,020,000, of these coins were produced or minted in 1923 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.
1923 Peace Dollar
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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.
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1923 Peace Dollar Ms64
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1923 Peace Dollar OR 1928 Peace Dollar?
Distinguishing between a 1923 Peace Dollar and a 1928 Peace Dollar can be tricky at times. The issue is that the “3” on some 1923 Peace Dollars can appear to be fully enclosed and resemble an “8”. So, you ask “Why the big deal?”. Well, there is a huge difference in value between these two coins from Philadelphia – the difference between a 1923-P Peace Dollar vs. a 1928-P Peace Dollar could be hundreds if not thousands of dollars.
Over 30 million 1923 Peace Dollars were minted in Philadelphia. If you have any Peace Dollars in your collection, there is a good chance that you are in possession of a 1923. They are everywhere! With that said, they don’t have a lot of numismatic value unless they are in excellent condition. Well circulated 1923’s will typically sell for a little more than their silver value. Many collectors will still purchase these coins, as will silver speculators hoping that silver goes up in value. At the time of this post, Graded 1923 coins from PCGS or NGC can be purchased for around $35 for a nice MS63. The most that I have ever seen one sell for was through a Heritage auction – it was an MS67 that sold for over $15,000.
The 1928 Peace Dollar is much more rare than the 1923. That year there were only 360,649 struck in Philadelphia. Due to the low mintage, this dollar has always been a key date and, as such, has always had a great numismatic value. Many 1928 Peace Dollars remain in uncirculated condition after being held by collectors over the years. Even in poor condition, the 1928 Peace Dollar can fetch upwards of several hundred dollars. The auction record stands at $48,875 for an MS66 back in 2011.