The dates to check first
These are the lowest-mintage Peace dollars struck for circulation. If you're sorting a jar or an inherited collection, pull these dates out before anything else and check the mint mark carefully.
- 1928 Peace Silver Dollar: 360,649 made. The 1928 Philadelphia Peace dollar has the lowest mintage of the regular series and is the key date.
- 1927 Peace Silver Dollar: 848,000 made.
- 1927-S Peace Silver Dollar: 866,000 made.
- 1934 Peace Silver Dollar: 954,057 made.
- 1921 Peace Silver Dollar: 1,006,473 made. The 1921 Peace dollar was struck in high relief, a one-year type that was hard to strike fully.
- 1934-S Peace Silver Dollar: 1,011,000 made.
Every peace silver dollar by date and mint
Click any date for its full page: how many were made, the mint mark location, varieties and what to check. Mint marks matter: the same year can be common from one mint and scarce from another.
| Date and mint | Mintage | Value band | Also look for |
|---|---|---|---|
| 1921 | 1,006,473 | Significant rarity | The 1921 Peace dollar was struck in high relief, a one-year type that was hard to strike fully |
| 1922-D | 15,063,000 | Metal value | |
| 1922 | 51,737,000 | Metal value | |
| 1922-S | 17,475,000 | Metal value | |
| 1923-D | 6,811,000 | Metal value | |
| 1923 | 30,800,000 | Metal value | |
| 1923-S | 19,020,000 | Metal value | |
| 1924 | 11,811,000 | Metal value | |
| 1924-S | 1,728,000 | Collector premium | |
| 1925 | 10,198,000 | Metal value | |
| 1925-S | 1,610,000 | Collector premium | |
| 1926-D | 2,348,700 | Metal value | |
| 1926 | 1,939,000 | Collector premium | |
| 1926-S | 6,980,000 | Metal value | |
| 1927-D | 1,268,900 | Collector premium | |
| 1927 | 848,000 | Collector premium | |
| 1927-S | 866,000 | Collector premium | |
| 1928 | 360,649 | Significant rarity | The 1928 Philadelphia Peace dollar has the lowest mintage of the regular series and is the key date |
| 1928-S | 1,632,000 | Collector premium | |
| 1934-D | 1,569,500 | Collector premium | |
| 1934 | 954,057 | Collector premium | |
| 1934-S | 1,011,000 | Collector premium | |
| 1935 | 1,576,000 | Collector premium | |
| 1935-S | 1,964,000 | Collector premium |
The series in 4 stages
High relief and the switch to low relief (1921 to 1922)
Anthony de Francisci's Peace dollar commemorated the end of World War I. The first 1,006,473 were struck in late December 1921 in high relief and released in January 1922. The reverse eagle perches on a rock inscribed PEACE as the sun rises behind it. A broken sword in the original design was removed before release after objections that it suggested defeat.
Pittman Act coinage winds down (1923 to 1928)
Peace dollars continued in large numbers to replace the coins melted under the Pittman Act, with Philadelphia striking 30.8 million in 1923. Output fell after that year. San Francisco's 1924-S and 1925-S, each under two million, are scarce in high grades. Denver made no dollars in 1924 or 1925.
The New Deal revival (1929 to 1935)
No dollars were made from 1929 to 1933. New Deal silver legislation led to fresh dollar coinage in 1934 at Philadelphia, Denver and San Francisco. Coinage continued in 1935 at Philadelphia and San Francisco. Each issue was small, with mintages between about 954,000 and 1,964,000. Philadelphia's 1934 run of 954,057 was the smallest of the five.
The 1964-D melt and the modern revival (1936 to 2024)
No Peace dollars were struck from 1936 until 1965, when Denver produced more than 316,000 coins dated 1964 under a congressional authorization. Rising silver prices made the plan unpopular and all were ordered melted. None are known to exist legally. Any coin offered as a 1964-D Peace dollar should be treated as a fantasy piece.
Decade by decade
Where to find the mint mark
- 1921 to 1935: On the reverse, below the word ONE, near the tip of the eagle's wing. Philadelphia coins have no mint mark.
- 2021 to 2025: On the reverse, near the eagle's wing.
Identifying and grading Peace dollars
Wear appears first on the hair above Liberty's ear and on the eagle's wing feathers.
Anthony de Francisci's Liberty faces left wearing a crown of light rays, with LIBERTY above and the date below. The reverse shows an eagle at rest on a mountaintop, holding an olive branch, as the sun rises behind it, with the word PEACE on the rock. The mint mark is below the word ONE, near the tip of the eagle's wing.
What the value bands mean
- Face value: worth its face in worn condition; only uncirculated coins and varieties carry a premium.
- Metal value: worth its silver content in worn condition.
- Small premium: sells for a little over face or metal value even when worn.
- Collector premium: scarcer than usual, so worn coins sell well above face or metal value.
- Significant rarity: a key date, valuable in any condition and often faked.
Bands describe a coin in ordinary circulated condition. An uncirculated coin with full original luster sits a band or more higher. Recognized varieties can be worth far more than the date itself.
Frequently asked questions
Which Peace dollars are worth the most?
By mintage, the scarcest circulation issues are the 1928 Peace Silver Dollar (360,649), 1927 Peace Silver Dollar (848,000), 1927-S Peace Silver Dollar (866,000). Varieties and top-grade coins of common dates can also be valuable.
Are Peace dollars silver?
Yes. Every peace silver dollar in this chart is 90% silver, 10% copper.
Why does this chart show bands instead of prices?
Prices change with the market and with each coin's grade, so any printed price goes out of date. A value band tells you which coins are worth a closer look; for a current price, check recent sold results for certified coins in the same grade.
Mintages: Peace dollar (Wikipedia, CC BY-SA 4.0), compiled from US Mint records.