A 1923 coin’s value varies significantly based on its denomination, mint mark, and condition. Here’s a summary of the value of different 1923 US coins:
- [No Mint Mark (Philadelphia Mint)]: In average circulated condition, these pennies are worth between $0.50 and $2. Uncirculated examples can be valued between $25 and $75. Top-graded specimens (MS67 Red) can reach values of $4,000 to $6,000. A 1923 penny graded MS67 Red sold for approximately $4,560 at a Heritage Auctions event.
- “S” Mint Mark (San Francisco Mint): 1923-S pennies in circulated condition typically sell for around $4-$7 (Good to Fine). Uncirculated examples can fetch $90 or more.
- No Mint Mark (Philadelphia Mint): In circulated condition, values range from $1.50 to $65, and uncirculated coins can be worth up to $15,000.
- “S” Mint Mark (San Francisco Mint): Circulated examples typically command prices from $5 to $550, while uncirculated specimens can sell for as much as $38,500.
- No Mint Mark (Philadelphia Mint): Circulated values range from $11 to $165, and uncirculated coins can be worth up to $2,850.
- “S” Mint Mark (San Francisco Mint): This is considered a rarer key coin. Circulated examples can range from $200 to $2,500, with uncirculated versions potentially reaching values of $8,000. An authentic 1923-S Standing Liberty Quarter in honest wear and clean (not cleaned) surfaces can be a fantastic addition to a collection.
- No Mint Mark (Philadelphia Mint): The value ranges from $3 to $28 in circulated condition, and up to $1,050 for uncirculated coins.
- “S” Mint Mark (San Francisco Mint): In circulated conditions, values can be between $2.75 and $180, and uncirculated examples may sell for as much as $5,375.
- Beware of counterfeit 1923-D Mercury Dimes.
- “S” Mint Mark (San Francisco Mint): Only the San Francisco mint struck half dollars in 1923. Circulated values range from $20 to $3,100, and uncirculated examples can fetch up to $80,000.
- No Mint Mark (Philadelphia Mint): In circulated condition, values range from $41.50 to $50. Uncirculated examples can sell for as much as $3,750.
- “S” Mint Mark (San Francisco Mint): Circulated coins are valued at $41.50 to $50, while uncirculated examples can reach $29,000.
Important Notes:
- These values are estimates and can fluctuate based on market conditions and the individual characteristics of the coin.
- The condition or “grade” of a coin is paramount in determining its value.
- Having a coin graded by a professional grading service like PCGS or NGC can provide a more accurate assessment of its value and authenticity.
- Error coins or coins with unusual characteristics can be significantly more valuable.
If you have a 1923 coin and want to know its precise value, consider consulting a professional numismatist or utilizing resources like the [Coin ID Scanner app] . You can also search for auction results of similar coins to get an idea of their market value.
How much is a 1923 coin worth?
Good point! 1923 Peace Dollar Value
According to the NGC Price Guide, as of August 2025, a Peace Dollar from 1923 in circulated condition is worth between $41.50 and $50. However, on the open market 1923 Silver Dollars in pristine, uncirculated condition sell for as much as $3750.
Why is the 1923 silver dollar so valuable?
The Peace Dollar is one of the most sought after silver coins ever produced by the U.S. Mint. Due to the fact that these coins were of limited mintage and were only minted for a period of a few years, coin collectors may want to own Peace Dollars from each year they were minted.
How much is a 1923 $1 dollar worth today?
I can help with that. $1 in 1923 is equivalent in purchasing power to about $18.80 today, an increase of $17.80 over 102 years. The dollar had an average inflation rate of 2.92% per year between 1923 and today, producing a cumulative price increase of 1,779.91%.
How much is a 1923 gold coin worth?
Good point! 1923 St Gaudens Gold Coin Value
According to the NGC Price Guide, as of August 2025, a St Gaudens Gold Coin from 1923 in circulated condition is worth between $3400 and $3550. However, on the open market 1923 Double Eagles in pristine, uncirculated condition sell for as much as $70000.