The value of a 1928 one-dollar coin, specifically a Peace Dollar, varies significantly based on its condition (grade) and the mint where it was produced.
Here’s a breakdown of values based on condition and mint:
This coin is considered a key date due to its low mintage of 360,649 coins.
- Circulated condition: Values range from around $200 (poor condition) to $450 (about uncirculated).
- Uncirculated condition: Values start around $520 (MS-60) and can reach thousands of dollars in higher Mint State (MS) grades.
– An MS-66 graded coin can be worth as much as $32,000.
The San Francisco mint produced 1,632,000 Peace Dollars in 1928.
- Circulated condition: Values range from about $41.50 (PrAg) to $200 (XF+).
- Uncirculated condition: Values start around $215 (MS-60) and can reach $50,000 or more for an MS-66 graded example.
In summary
- Mint Mark: The presence or absence of a mint mark can significantly impact the value. The 1928-P (Philadelphia mint) is the lowest mintage Peace dollar and is considerably more valuable than the 1928-S (San Francisco mint).
- Condition: The better the condition, the higher the value. Uncirculated coins, especially those with high Mint State (MS) grades, command significantly higher prices than circulated coins.
Important Note: To determine the precise value of your 1928 Peace dollar, it is recommended to have it professionally graded by a reputable third-party grading service like PCGS or NGC.
What makes a 1928 silver dollar rare?
The 1928 Peace dollar has the lowest mintage in the entire series among regular-issue dates. It is considered one of the key dates, and coins in higher grades usually attract a good price. Produced at the Philadelphia Mint, these coins were struck more softly than prior issues from this facility.
How do you tell if you have a rare 1 dollar coin?
One of the easiest ways to tell if a coin is rare is to check the date. If the coin is from before 1800, it’s likely rare. Coins minted in the 19th century are also generally considered rare, with a few exceptions. Coins from the 20th century are less likely to be rare, but there are still some that meet the criteria.
How to tell if a 1928 Peace Dollar is real?
So if you look beneath the oh and one you see how the surface. There of the coin looks kind of choppy. A little rough. All the way against the rim even it has some roughness to it.