The value of a fine 1923 silver dollar without a mint mark is around $35. In very good condition, it’s worth about $37. Coins with an MS 60 grade in uncirculated condition cost about $45 each. Up to $160 can be spent on MS 65 uncirculated coins.
The Silver Peace Dollars were created primarily to represent peace following the conclusion of the First War. Immediately following the Morgan Dollar, this silver dollar was struck. It is now roughly 100 years old.
Silver Peace Dollars were made for the first time in 1923 to honour the end of World War I and the start of peace and prosperity in the United States. It has a picture of something like the Statue of Liberty in New York.
1923 Peace Silver Dollar
One of the silver coins made by the U.S. Mint that is in the highest demand is the Peace Dollar. Since the mintage of these pieces was so small and they were only produced for a short time, coin collectors may wish to own a Peace Dollar from each year it was produced.
Silver Peace Dollar coins have been around for close to a century. Many Peace Dollars available in the marketplace may show signs of ageing due to wear and tear. After all, these coins were intended for circulation, so this makes logical.
Though they still look brand-new, Peace Dollars are sometimes offered in superb, uncirculated condition. Some more information is given below:
| Year | 1923 |
| Type | Peace Dollar |
| Face value | $1.00 |
| Silver Weight | .77344 oz |
| Composition | 90% silver, 10% copper |
| Current Silver Bullion Value | $14.91 |
| Total Weight | 26.73 grams |
The 1923 silver dollar did not have a mark of the mint, but the 1923 D and S silver dollars did. On the coin’s reverse side, beneath the inscription “ONE,” is where the mint mark, if any, can be seen.
| Location | Series | Quantity |
|---|---|---|
| San Francisco | 1923 S | 19,020,000.0 |
| Philadelphia | 1923 | 30,800,000.0 |
| Denver | 1923 D | 6,811,000.0 |
The 1923 Peace Dollar’s Grading
The coin grading procedure is intricate and exhaustive. However, the final say in this process is largely in the hands of professional numismatists. Like other coin varieties, a coin’s value may increase depending on how little wear and tear it has.
It is possible to determine the grade of a coin by carefully examining the obverse and reverse of the coin for any flaws, large or tiny. Use the specifications below to determine how your Peace Dollar coin will be graded.
- Uncirculated
In the case of a 1923 Peace Dollar uncirculated coin, there will be no physical evidence of mistreatment. It will appear as if it just rolled off the presses of the mint, notwithstanding its antiquity.
Even though the colour and tone of the coin suggest its age, the piece’s picture, writing, and feel are all in perfect condition. By looking at the coin with a magnifying glass, you can see if parts of it, like the features on Goddess Liberty’s face, have faded or worn down.
- Extremely Fine
Just one step below brilliant uncirculated, this very good 1923 Peace Dollar can have minor evidence of wear and tear on its pictures, lettering, and texture. For example, the goddess Liberty’s crown may look worn down in some of the coin’s elements.
Due to years of use, the entire coin or specific portions may seem smoother to the touch. Aside from these flaws, the coin is still rather appealing and generally in excellent physical shape.
- Fine
The artwork and text on this beautiful coin are still clear and legible, but the coin itself shows obvious indications of use and age. The writing and imagery on the coin may be a little more worn down or smoother, and the coin’s overall appearance may be drab.
- Good
Over the years, the coin’s images and wording have faded and are difficult to read. A detailed inspection must ascertain the coin’s type, year, or other details. These poor-condition coins are popular due to their limited mintage, quantity, and historical value.
Peace Dollar Pricing 1923
As indicated above, the 1923 Peace Dollar has a restricted mintage and may grow difficult to find. You may estimate the value of a 1923 Peace Dollar by utilizing the chart below, considering its condition.
| Date | Uncirculated | Fine | Extremely Fine | Good |
|---|---|---|---|---|
| 1923 Peace Dollar (S) | $38 | N/A | $35 | N/A |
| 1923 Peace Dollar (D) | $36 | N/A | $35 | N/A |
| 1923 Peace Dollar | $35 | $34 | $32 | $26 |
Summary: The 1923 Peace Dollar is one of the rarest coins made by the U.S. Mint. The mintage of these pieces was so small that they were only produced for a short time. The 1923 silver dollar did not have a mark of the mint, but the 1923 D and S silver dollars did. Poor-condition coins are popular due to their limited mintage, quantity, and historical value.
Peace Dollar Features
The artwork on the peace dollar depicts a young lady wearing a crown like a ray of light atop her head. The magnificent statue of the woman is reminiscent of the Liberty Statue in New York Harbor.
The obverse and reverse of the coin are shown below:
- The Obverse
The coin’s obverse prominently features a woman, affectionately referred to as “Miss Liberty,” as was already established. She has a crown of brilliant, radiant rays on her head. Some unfastened hair strands linger over her neck, but her hair is neatly groomed and curled.
Along the coin’s rim, over her head, is the word LIBERTY. At the base of Liberty’s neck and along the coin’s lower rim, the year 1923 is inscribed. The coin also has a motto, “IN GOD WE TRUST,” written in a straight line over the lower section of the design.
It’s amazing that the letter “U” in the word “TRUST” is spelt like the letter “V.” You could understandably assume that the sculptor made a mistake. The twist was undoubtedly designed to resemble the letter “V,” which stands for victory.
- The Reverse
On the back, a bald eagle appears to be perched atop a mountain peak. The olive branch the American eagle wears on its claws is sometimes seen as a sign of peace. The 1923 peace coin lacks arrow bands associated with military might.
As the sun rises in the east, the majestic eagle flies in the direction of that direction, bringing with it the promise of new peace. The text ‘UNITED STATES OF AMERICA’ appears along the coin’s rim.
Along with the nation’s legend, the obverse features the motto “E PLURIBUS UNUM.” A prominent dot separates the phrase’s first two words. The Latin term means “one out of many,” according to Harvard University.
It effectively illustrates the U.S.'s resolve and capacity to rally many states to create a single, cohesive nation. A single line reads ‘ONE DOLLAR’ at the bottom of the coin’s reverse face.
With its wings spread out, an eagle divides its name into two distinct halves. ‘PEACE’ appears on the rock over the bird’s head as a deliberate aesthetic flourish meant to convey the coin’s message of peaceful cooperation.
1923 Peace Coin’s Dimensions and Composition
Only 30 800,000 examples of the Peace Silver Dollar were produced in 1923. It weighs around 26.73 grams and has a diameter of 38.10. It is primarily made up of Silver, with only a small amount of Copper.
According to statistics, every silver dollar coin contains around 0.77344 ounces of Silver. As a result, most silver fans want to keep them.
Design Importance and Relevance
Persistent lobbying to mark the end of World War One led to the creation of the peace dollar. As a result, it was published five years just after the end of the First World War to symbolize a fresh commitment to coexistence.
The artist who designed the coin’s family life was also affected significantly. Teresa de Francisco, Anthony’s wife, got along well. When Teresa was in elementary school, she was not allowed to play American Goods inside a school play.
She became even more unhappy when she occasionally went on cruises and saw the Statue of Liberty in New York. Since his wife’s longtime desire was to be an American model, Anthony used the coin design to his advantage.
Keep In Mind: Coin collectors may wish to own a Peace Dollar from each year it was produced. Many Peace Dollars show signs of ageing due to wear and tear. It is possible to determine a coin’s grade by examining its obverse and reverse for any flaws. The 1923 Peace Dollar’s picture, writing, and feel are all in perfect condition. It will appear as if it just rolled off the presses of the mint, notwithstanding its antiquity.
How Much Is A 1923 Silver Dollar Worth
This piece is worth as much Silver as it weighs in circulated conditions. As of July 27, 2022, this coin’s silver melt value is $14.91. This value is based on the current spot price of Silver, which is $19.27 per ounce.
The value of a very fine 1923 silver dollar without a mint mark is around $35. The value in excellent condition is roughly $37. Coins having a grade of MS 60 are valued at around $45 in uncirculated conditions. MS 65 coins that have never been used can be bought for up to $160.
You can pay up to $35 for a 1923 D silver dollar fine. About $40 is how much an item is worth if it is in perfect condition. Uncirculated coins with a grade of MS 60 usually sell for around $95 each. MS 65 coins that have never been used can be bought for as much as $1,200.
Lastly, a very nice 1923 Ss silver dollar costs about $35. In pristine condition, the worth is approximately $40. Coins with an MS 60 grade are valued at around $50 in uncirculated conditions. MS 65 coins that have never been used can be bought for about $2,200.
Note: The value of a fine 1923 silver dollar without a mint mark is around $35. MS 65 coins that have never been used can be bought for as much as $2,200. In pristine condition, the worth of an item in pristine condition is roughly $40.
Frequently Asked Questions: FAQs
Some questions that are related to the keyword “One Eye Lower Than the Other” as described below:
1. What is the present value of a silver dollar?
The most often collected variety of these coins, common-date Morgan and Peace silver dollars, can range in value from $25 to $35 in poor grade to $50 for a typical dated in MS60, $125 in MS65, and $700 throughout MS67, the top mark for most dates.
2. Is my silver dollar valuable?
A silver dollar’s melt value, which is based on the amount of Silver it contains, and rarity are two of the main factors used to calculate its worth. A rough estimation of a coin’s melt value can be made using the silver dollar’s precious metal content.
3. What is the value of a silver dollar from the year?
Regarding 1878 and newer Morgan and Peace dollars, you can expect a slight premium over the silver value for most of them. Never sell a dollar coin minted in 1877 or before just for Silver. These coins are always valuable as collectables.
4. Does a silver dollar have a higher value than a dollar?
The official face value of this coin is one dollar; however, due to the pure Silver it contains, each silver dollar is worth far more than that.
5. What is the value of a dollar in 1 oz of Silver?
The current ask price for a one-ounce Silver American Eagle coin is $27.92.
6. How can I sell my ageing silver dollars?
Additionally, you can swap your silver coins for cash depending on the weight of a coin) by selling them to dollar stores, silver exchanges, or silver purchasers. These businesses will then melt the coins down and distribute the resulting metal.
7. Are silver dollars from 1976 still valuable?
In MS 63 excellent uncirculated condition, the regular 1776–1976 silver dollar is valued at about $19. The price of an MS 65 gems uncirculated coin increases to approximately $24 when it is in gem-like uncirculated condition. A 1776–1976 proof silver dollar in PR 65 is worth about $20.
8. Do Kennedy half dollars have any value?
Coins from the Kennedy era are not very rare. The majority of them are only worth 50 cents on the face. According to their state and the year they were produced, some Kennedy half-dollars are fairly valuable. In uncirculated condition, a 1970 Kennedy half-dollar coin is worth around $8.
9. What makes a silver dollar from 1971 special?
The “R” in “Liberty” on the rare San Francisco-minted 1971 Proof Eisenhower dollar lacks serifs at the bottom of its vertical leg. According to some academics, the over-polishing of the Proof dies led to this variant.
10. What is a silver dollar worth after 100 years?
The well-circulated 1879 Morgan dollar from the Philadelphia Mint is worth $15 to $30, whereas the low-mintage 1928 Peace dollar from the same mint can fetch $200 or more.
11. Why do silver dollars cost so much?
The U.S. Mint produces the Silver American Eagle, which is not offered for sale to the general public. These products are sold to the general public through a network of wholesalers and brokers. Consequently, these dealers must generate a profit to continue operating.
12. What $1 bill is the most elusive?
The iconic 1890 Grande Watermelon $1,000 government note sold for an astounding $3.3 million in 2014, giving it the most valuable banknote ever. The green zeros resembling watermelons on the bill’s reverse gave rise to the bill’s nickname.
13. Are silver dollars still being produced?
According to the United States Mint, Morgan & Peace Dollar, production and sales will stop in 2022, but the well-liked historic program will resume in 2023. The U.S. Mint will stop making and selling Morgan & Peace Silver Dollars in 2022.
14. Do you have silver dollars to spend?
They can be used as legal money. 31 USC 5103 says that U.S. coins and bills can be used to pay all debts, public charges, taxes, and dues. It includes Federal Reserve notes & circulating notes from Federal Reserve banks & national banks.
15. Which Silver Peace Dollar Is The Rarest?
A peace dollar set must have 24 coins to be considered complete. A few of the coins, meanwhile, are uncommon and difficult to locate in decent quality. They include Peace Dollars from 1921 and 1928, among many others. The 1964-D Peace Dollar, though, is the most uncommon of them.
Conclusion:
Silver Peace Dollars were first issued in 1923 to commemorate the end of World War I. The value of a fine 1923 silver dollar without a mint mark is around $35. In very good condition, coins with an MS 60 grade in uncirculated condition cost about $45 each. One of the rarest coins made by the U.S. Mint is the 1923 Peace Dollar. People like coins in bad shape because they were made in small numbers and had historical value. A careful look at the coin is needed to find its type, year, or other information. Only 30 800,000 examples of the Peace Silver Dollar were produced in 1923. It is primarily made up of Silver, with only a small amount of Copper. The 1923 Peace Dollar was published five years just after the end of World War One.
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Optimized by Mohammad Waqar on 28/07/22