1923 Peace Silver Dollar Value Guide

1922 Peace Silver Dollar S$1 Mint Error Cracked Planchet | eBay
1923 Peace Silver Dollar
Estimated Value
$30 – $40
Period
1923
Origin
United States
Materials
90% Silver, 10% Copper

The 1923 Peace Silver Dollar is a cornerstone of American numismatics, minted to celebrate the restoration of peace following World War I. Designed by Anthony de Francisci, this 90% silver coin features a radiant Lady Liberty and remains a favorite for its historical significance and elegant Art Deco aesthetic.

What Is 1923 Peace Silver Dollar Worth?

The typical price range for 1923 Peace Silver Dollar is $30 - $40 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

  • Mint marks from Philadelphia, Denver (D), or San Francisco (S) significantly impact rarity and market price.
  • The level of surface wear, particularly on Liberty's hair and the eagle's feathers, determines the numerical grade.
  • Lustre and the presence of 'bag marks' or scratches from storage affect the premium for uncirculated specimens.
  • Current market spot prices for silver influence the baseline bullion value of this 90% silver coin.

How to Identify 1923 Peace Silver Dollar?

  • Look for the designer's monogram 'AF' located just below the neck of Lady Liberty on the obverse.
  • Verify the composition of 90% silver and 10% copper, which gives the coin a distinct weight and metallic ring.
  • Check the reverse for an eagle perched on a rock labeled 'PEACE' with rays of sunlight in the background.
  • Examine the date '1923' at the bottom of the obverse to ensure it matches the high-production year of this series.

History of 1923 Peace Silver Dollar

The Peace Dollar was minted from 1921 to 1928, and again in 1934 and 1935, as a commemoration of peace after World War I. Its design was the result of a public competition, with Anthony de Francisci's rendition of Lady Liberty ultimately chosen. The coin's inception was steeped in a desire for a numismatic representation of the nation's newfound peace, making it a significant piece of American history and a favorite among collectors.

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