What Is Your Peace Dollar Worth?
The Peace dollar replaced the Morgan and was struck from 1921 to 1928 and again in 1934 and 1935. Like the Morgan it is 90% silver, but with a shorter run and a different rarity map. Value Identifier identifies the date and mint mark and estimates the grade and value.
Try it free, identify any item
Snap or upload a photo and get its value in seconds
Why knowing your Peace Dollar value matters
Peace dollars are often lumped in with Morgans, but the key dates are different and the high-relief 1921 stands apart. Most circulated Peace dollars trade near silver, so owners who assume every old silver dollar is rare tend to overvalue them. The exceptions, like 1928 and a high-grade 1934-S, are where the genuine money sits.
What your scan returns
Point your camera at your peace dollar and get a full report in seconds: identification, a market-based price range, condition, rarity and more. Here's an example of the kind of report you'll see.
Watches
Rolex Submariner Date 16610
$9,500 – $12,000
Condition
Excellent
Rarity
Highly Sought After
Year
c. 1998
A stainless steel Submariner Date with a black dial and unidirectional bezel. Box and papers, light wear consistent with age. Pricing reflects recent dealer and auction comparables for this reference.
Fun fact
The Submariner was the first wristwatch rated to a depth of 100 meters when it launched in 1953.
Key factors that determine Peace Dollar value
Date & Mint Mark
1928 with the lowest mintage, the 1921 high relief, and the 1934-S are the keys. The mint mark sits near the eagle's wing tip on the reverse.
Relief: 1921
The 1921 high-relief strike is distinct and desirable, with deeper detail than later years.
Condition
Wear shows first on Liberty's hair and the eagle's feathers. Uncirculated examples command sharp premiums on the key dates.
Silver Content
Each coin contains about 0.7734 troy ounces of silver, the same melt floor as the Morgan.
Surfaces & Strike
Peace dollars are notorious for weak strikes. A strong strike with original luster stands out and adds value.
Tips for scanning your Peace Dollar
Photograph the obverse to show Liberty's hair detail and the date, both central to grading.
Shoot the reverse to read the mint mark near the eagle's wing and to judge feather detail and strike.
Use soft light to reveal luster, since Peace dollars often have subdued surfaces.
Leave the coin uncleaned. Original surfaces always outsell polished ones in this series.
Peace Dollar market overview
The Peace dollar market rides alongside the Morgan but with thinner key-date supply. Common dates are liquid and track silver, while 1928, a high-grade 1934-S, and superb-strike examples have a dedicated collector base. The 2021 centennial reissue renewed mainstream interest in the design.
Peace Dollar valuation FAQ
What is the rarest Peace dollar?+
The 1928 Philadelphia issue has the lowest mintage and is the classic key date. A high-grade 1934-S and the 1921 high-relief coin are the other standouts.
Are Peace dollars worth more than Morgan dollars?+
Usually not. Peace dollars have fewer scarce dates, so common examples trade close to silver. Specific key dates and high grades are the exceptions that bring strong premiums.
How much silver is in a Peace dollar?+
About 0.7734 troy ounces of pure silver at 90% silver, identical to the Morgan dollar. That sets the melt floor for common dates.
Where is the mint mark on a Peace dollar?+
On the reverse, near the eagle's wing tip. No mark is Philadelphia, D is Denver, and S is San Francisco.
Explore more categories
Ready to identify & value your Peace Dollar?
Download Value Identifier free and scan your first items, no account needed.