The 1924 dollar coin is a Peace Dollar, a silver dollar minted by the United States from 1921-1935 . The value of a 1924 Peace Dollar varies significantly based on its condition (grade) and the mint where it was produced (mint mark).
- Circulated condition: A 1924 Peace Dollar in circulated condition (meaning it has been used in commerce and shows wear) is generally worth between $41 and $50, according to the NGC Price Guide (as of August 2025).
- Uncirculated condition: The value increases substantially for coins in pristine, uncirculated condition (Mint State or MS). A 1924 Peace Dollar can fetch as much as $50,000 in uncirculated condition.
- Mint marks:
– 1924 (Philadelphia Mint): This is the more common issue, with 11,811,000 minted. In uncirculated condition, it’s typically worth around $30, though higher grades can bring much more.
– 1924-S (San Francisco Mint): This is considered a semi-key date coin due to its lower mintage of 1,728,000. A 1924-S Peace Dollar in Mint State-60 can be worth around $300, and significantly more in higher grades.
- Melt Value: The melt value of a 1924 Peace Dollar (containing 0.7734 ounces of silver) is $29.26 as of August 12, 2025.
- Grade: The condition of the coin, as determined by a professional grading service like NGC or PCGS, is a major determinant of value.
- Mint Mark: As noted above, coins minted in San Francisco (‘S’ mint mark) are generally more valuable than those from Philadelphia (no mint mark).
- Luster & Strike: The brilliance, strike quality, and luster of the coin also impact its value, especially for uncirculated examples.
- Errors: Coins with errors, such as clipped errors, strike-through grease errors, or lamination errors, may be worth more than error-free counterparts.
Note: It’s always best to have a professional evaluate your coin for an accurate assessment of its value. You can find more information about 1924 Peace Dollars on websites like the [NGC Coin Explorer] and [CoinValues.com].
How much is a 1924 dollar coin worth?
Thanks for asking. According to the NGC Price Guide, as of August 2025, a Peace Dollar from 1924 in circulated condition is worth between $40.50 and $49.50. However, on the open market 1924 Silver Dollars in pristine, uncirculated condition sell for as much as $50000.
What makes a 1924 Peace Dollar rare?
From my experience, As stated previously, Peace dollars were only made for a limited time and in limited quantities. The 1924 edition is sought after by coin collectors due to its historical significance, silver content and aesthetics. Because of these factors, the price for this coin regularly exceeds $30.