1923 Peace Silver Dollar Value Guide

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 affects the value of 1923 Peace Silver Dollar?

• 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.