will find much more investing information on Peace Dollars
in my eBook A Guide to Buying and Selling Peace &
Morgan Silver Dollars. Simply click on the book
title for an Instant
10 Lowest-Minted Peace Silver Dollars**
The Peace silver dollar features
the head of Lady Liberty on the obverse side and a perched eagle
on the reverse. The
mint mark is in the lower left on the reverse side, under the
"ONE". Mint marks are "D"
for Denver and "S"
for the San Francisco Mints. If no mint mark appears, it was
minted in Philadelphia.
Peace silver dollars are 90% silver and 10% copper. Uncirculated Peace dollars contain .7734 Troy ounces of pure silver (24.0566 grams) with a gross weight of .859 Troy ounces (26.728 grams). Circulated Peace dollars are considered to contain .7650 Troy ounces of pure silver due to the "wear factor" in handling them (sometimes referred to as trade content). Circulated Peace dollars (and other circulated silver coins) are commonly (and unjustly) referred to as "junk silver".
To get the most silver dollars for your money (and still get decent coins), you may want to concentrate on higher-mintage, circulated Peace dollars. Look for grades such as Extremely Fine (EF or XF) or About Uncirculated (AU). If you want better coins than that, concentrate on uncirculated coins. Uncirculated coins begin with Mint State 60 (MS60) and usually top out at MS65 or MS66.
To determine the silver (melt) value of a circulated Peace dollar, multiply the current spot price of silver by .7650.
Example: $15.00 x .7650 = $11.48
For your convenience, I have included a sampling of Peace dollars available on Amazon. You might be able to pick up some Peace coins at a decent price. Be aware I receive a small compensation if you buy silver coins through this site which does not result in you paying more. Click on the "Go" button for a larger selection.
I have made every reasonable effort
to produce an informative and helpful article on Peace silver
dollars based on my research and experiences. However, I make no
representation or warranties of any kind with regard to its
completeness, accuracy or suitability for any specific situation
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