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1923-S Peace Dollar · graded G4

1923-S Peace Dollar in G4

What does G4 mean on a 1923-S Peace dollar?

A 1923-S Peace dollar graded G4 is that coin in one particular state of preservation — the date and the mint mark are already fixed, and G4 is what a grader called the surface that survived. What that looks like on this coin is below. Where the grade sits against the rungs either side of it, and every way it is written on a slab, are in the table below.

What G4 means

A 1923-S Peace dollar in Good (G-4) is worn evenly across its whole surface, and the design reads as an outline rather than a relief: the hair above Liberty’s eye and the high points of the rays of her crown are flat, the eagle’s shoulder and the feathers along the top of its folded wing show no detail at all, and LIBERTY across the crown, IN GOD WE TRVST and the date are still readable with the rim beginning to merge into the lettering.

A slab, a dealer’s list or a price guide may write this grade G-4. They are the same grade and the same 1923-S Peace dollar.

Where this grade sits

The grades a 1923-S Peace dollar is given run from PO1 to MS70. One step up from G4 is Good (G-6). In general terms, the higher the grade the more the coin is worth.

How to check this yourself

Sold listings, not asking prices. The link below is already filtered to completed sales of a 1923-S Peace dollar in G4, which is the difference between what somebody paid and what somebody hoped for. Until this site has a researched figure for this grade, that search is the answer — take the middle of several recent sales rather than the highest.

Completed sales of a 1923-S Peace Dollar in G4 →

The metal floor under it

$49.79

0.7734 troy oz silver × $64.38 per troy ounce

$64.38/ozt, based on spot prices at 23 September 2026 19:59 UTC

Whatever the market does, a 1923-S Peace dollar cannot be worth less than the metal in it. That figure is what the premium for G4 is measured against, and it moves with the metal price rather than with the coin market.

Not an appraisal. AboutMyCoin estimates from published specifications and does not authenticate or grade coins.

1923-S Peace Dollar: every grade, the metal and the specification →

Every Peace dollar date and what it is worth →