The rarest of all Peace Dollars is the 1964-D, as the Denver Mint struck around 300,000 Peace Dollars in 1965 with the 1964 date on the coins.
What is the error on the 1922 Peace silver dollar?
Mint workers at the Philadelphia mint in 1922 failed to recognize a deteriorating die. The crack in the die on the reverse side resulted in a blob of metal below the eagle and above the word DOLLAR. This variety is easily recognizable without the aid of any magnification.
Why is the relief on a Peace dollar in high relief?
The initial design was in high relief to accentuate the artistic details of this new silver dollar. Unfortunately, it was difficult to strike, and in 1922 the relief was lowered to make it easier to mint them. Well worn Peace dollars derive a majority of their value from the silver content of the coin.
Where does the value of a Peace dollar come from?
Unfortunately, it was difficult to strike, and in 1922 the relief was lowered to make it easier to mint them. Well worn Peace dollars derive a majority of their value from the silver content of the coin. Therefore, if the price of silver is relatively high, the coin will be worth only what it’s silver content is.
What are the initials on a 1923 Peace dollar?
These small initials found on the coin represent the different mints coining 1923 silver dollars. Popular with collectors, complete collections of Peace dollars necessarily must contain one from each mint. Use the graphic below the value chart to locate mintmarks.
What was the lowest mintage of a peace silver dollar?
The 1928 Philadelphia minted Peace silver dollar has the lowest mintage in the entire series with only 360,649 pieces produced. With the Great Depression starting to take its toll on the United States economy, the demand for coinage by the American people began to drop.
