The 1923 Liberty Dollar refers to the 1923 Peace Silver Dollar , which is a popular collectible coin minted in the United States. Its value depends on several factors, including its condition (grade), mint mark, and any potential errors.
Here’s a summary of the 1923 Peace Dollar’s value:
- Circulated Condition: In circulated condition, a 1923 Peace Dollar is typically worth more than its face value due to its 90% silver content. Values range from $41.50 to $50, according to the NGC Price Guide as of August 2025.
- Uncirculated Condition: Prices for uncirculated coins, especially those in pristine condition, can be significantly higher.
– Low Relief: The 1923 Peace Dollar was struck with a “low relief” design, making it easier to strike and stack compared to the “high relief” design initially used in 1921.
– Value Range: Uncirculated 1923 Peace Dollars can range in value from $50 for a low-grade uncirculated coin to potentially hundreds or even thousands of dollars for higher grades.
– Examples:
– A 1923 Peace Silver Dollar graded MS65 by PCGS has been priced at $169.99 on eBay.
– An NGC MS66 graded example of the 1923-P Peace Dollar is listed at $509.71 on ModernCoinMart.
– An NGC MS67 graded example of the 1923 Peace Dollar from the Philadelphia Mint is offered for $2850 on eBay.
- Mint Mark: The 1923 Peace Dollar was minted in Philadelphia (no mint mark), Denver (D), and San Francisco (S). The mint mark location is on the reverse side of the coin, below the word “One”.
- Errors and Varieties: Rare varieties or minting errors can significantly increase a coin’s value.
Note: The melt value of a 1923 Peace Dollar is approximately $24.30, based on the current price of silver ($31.44 USD per ounce) and the coin’s 0.7734 troy ounces of pure silver content. However, the numismatic value of the coin, especially in higher grades, usually far surpasses its intrinsic metal value.
Disclaimer: Coin values are subject to market fluctuations. It is recommended to consult with reputable coin dealers or grading services for an accurate assessment of a specific coin’s value.
How much is a 1923 $1 dollar worth today?
$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%.
Are there any rare 1923 silver dollars?
1923 Peace Dollar. 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.