The value of a 1923 silver dollar (Peace Dollar) today varies significantly based on its condition and the mint where it was struck.
- Melt value: The intrinsic value based on the silver content is approximately $29.32 – $29.88, depending on the current spot price of silver.
- Circulated condition: In circulated condition, a 1923 Peace Dollar is typically worth between $41.50 and $70, according to the NGC Price Guide.
- Uncirculated condition: The value increases substantially for uncirculated coins. Uncirculated 1923 S Peace Dollars, for instance, can fetch as much as $29,000. A 1923-D Peace dollar in pristine, uncirculated condition can sell for up to $14,000.
- High grades: Certain high-grade coins, such as a 1923 Peace Dollar graded MS67+, have reached auction records of $39,950. Another example, a 1923 D $1 with a grade of MS67, achieved an auction record of $120,000.
It’s important to remember that these are just estimates, and the actual value can vary depending on factors like the coin’s specific condition (e.g., presence of errors), demand, and the reputation of the seller. If you have a 1923 dollar coin, it is recommended to get it appraised by a professional numismatist for an accurate valuation.
Are there any rare 1923 silver dollars?
Good point! 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.