The Liberty Head "Peace" Silver Dollar
Find valuable
buying/selling information on Peace Dollars in my book "A Guide
to Buying and Selling Peace & Morgan Silver Dollars". The
expanded 3rd edition can be found here.
The Peace Silver Dollar - A Brief History
The Liberty Head (a.k.a. Peace) dollar was minted as a peace commemorative coin to replace the Morgan silver dollar (1878-1921). Designed by Anthony De Francisci, a total of three U. S. Mints were involved in their production: Denver; Philadelphia; and San Francisco. Approximately 190,577,000 were minted during the 10 years of 1921-1928 and 1934-1935.
Most of the silver dollars minted in 1921 were Morgan dollars
(86,730,000). Minting of Peace silver dollars didn't begin until
December of that year by the Philadelphia mint. Only 1,006,473
high-relief silver dollars were produced with the 1921 date and
are worth more than most others.
10 Of The Most Valuable Peace Silver Dollars (Based on Low Mintage)**
** Circulated coins in very good condition may fetch a premium price over and above the normal premium due to the low mintage and demand for these coins-especially the 1928, 1927 and 1921.
Authorization for the mintage of 45,000,000 silver dollars was granted in the mid- '60s and 316,076 Peace dollars (dated 1964) were produced by the Denver mint. Before these coins were released into circulation, someone in authority must have had "a change of heart". No more silver dollars from this authorization were minted and all of the 1964 Peace dollars were melted (there are no known survivors).
The Peace Silver Dollar - More Details
The Peace 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. Those uncirculated 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 silver 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: $25.00 x .7650 = $19.125
If you are ready to shop for Peace dollars after reading the above material, click on this Amazon link Buying Coins and check Peace under the Series category on the left side of the site. You will see what Peace dollars are available for purchase along with their asking price. Be aware I receive a small compensation if you buy through this site which does not result in you paying more.
Disclaimer:
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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