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Peace Dollar Dates and Mint Marks

Which Peace dollar dates and mint marks are scarce?

A Peace dollar contains 0.7734 troy ounces of silver, and that is the floor under every date in the series; above it the run divides sharply between dates that are common in worn condition and a handful that are not.

The Peace dollar was struck 1921–1935 at three mints, to a design by Anthony de Francisci.

Which Peace dollar dates are scarce was settled a long time ago; what any of them fetches was not, because that is true for a week and a mintage is true for a century.

The Peace dollar was the last silver dollar the United States struck for circulation, and it was struck in two bursts rather than one run: every year from 1921 to 1928, then nothing at all for five years, then 1934 and 1935. A reader holding a dollar dated 1929, 1930, 1931, 1932 or 1933 has something other than a Peace dollar.

The first year stands apart physically as well as by date. The 1921 coins were struck in high relief, from dies that raised the design far enough off the field to give the presses trouble, and the relief was lowered for 1922. A 1921 therefore looks and feels different from every date after it, which is the one identification a reader can make without knowing anything about the series.

One caution about the date. The United States Mint revived the Peace dollar in 2021, and those coins are 99.9% silver rather than 90%, contain more silver than the originals, and are modern collectables sold at a premium. Everything on this page refers to the 1921–1935 series.

A separate caution about 1964. Denver struck more than three hundred thousand Peace dollars dated 1964 and then melted every one of them before any were released. None is known to exist and none may legally be held, so a 1964 Peace dollar offered for sale is a replica or a counterfeit.

Cheat sheet

Every date, variety and error in this series worth a second look. No prices: which of these are scarce has been settled for a century, and what they fetch is true for a week.

Dates and mint marks6

  • 1928
  • 1927
  • 1927-S
  • 1934
  • 1921
  • 1934-S

Read the date and the mint mark. No magnification, no judgement — either it says 1932-D or it does not.

Detail and cautions ↓

Varieties3

  • 1922 high relief
  • 1934-D doubled die obverse
  • 1935 doubled die reverse

Look at one specific feature under magnification and decide what you are seeing. Most candidates are not.

Detail and cautions ↓

The series at a glance

Struck
1921–1935
Designer
Anthony de Francisci
Composition
90% silver, 10% copper
Obverse
Liberty facing left in a radiate crown
Reverse
An eagle at rest on a rock, holding an olive branch, with PEACE below
Edge
Reeded

Mints and mint marks

On the reverse, in the field to the left of the eagle, below the word ONE and near the tip of its wing. No mark at all means Philadelphia.

Mint markMintYearsNotes
NonePhiladelphia1921–1928, 1934–1935
DDenver1922–1923, 1926–1927, 1934Five years only, and not the five a reader would guess
SSan Francisco1922–1928, 1934–1935

Key dates

These are the issues worth conspicuously more than the rest of the run, and every one of them is identified by reading the date and the mint mark rather than by judging the coin. Mintages are the mint’s own published figures. No prices: which dates are scarce has been settled for a century, and what they fetch is true for a week.

DateMintageWhy it is scarce
1928360,649The lowest mintage of the series by a wide margin, and the only date that was recognised as scarce while the coins were still being struck, so more were saved than the figure alone suggests.
1927848,000The lowest Philadelphia mintage after the 1928, and one of the three consecutive years the whole series is scarce in.
1927-S866,000Scarce as struck and scarcer well struck: San Francisco’s dies of these years left the hair over the ear soft on most of the coins.
1934954,057The lowest mintage of the two revival years, from a Philadelphia run that lasted a few weeks.
19211,006,473The first year and the only one struck in high relief, which is a difference a reader can see across the room and which makes it the most asked-after date in the series.
1934-S1,011,000Ordinary worn and the great rarity of the series with full lustre, because essentially the whole mintage was spent in the years after it was struck.

Varieties

A variety is not a key date. A key date is read off the coin with no judgement at all; a variety asks you to look at one specific feature and decide what you are seeing, which is why each row below says what to look at rather than what to look for in general.

VarietyWhat to look at
1922 high reliefA 1922 whose whole design stands as high off the field as a 1921 does, struck from the tall dies before the relief was lowered.Almost every one was melted at the mint. One circulation strike and about a dozen matte proofs are known, against more than fifty million ordinary 1922 dollars, so a sharply struck 1922 is still an ordinary 1922 and this is a coin to have certified rather than identified.
1934-D doubled die obverseDoubling on IN GOD WE TRVST and on the letters of LIBERTY, with both images rounded and clearly separated.Machine doubling is flat and shelf-like, it is far commoner on this issue than the variety is, and the two are told apart under magnification rather than by eye.
1935 doubled die reverseDoubling on the rays below the eagle and on the letters of ONE DOLLAR, on a Philadelphia coin of the last year of the series.Several minor die pairings of this date carry light doubling that is not the listed variety; a strong, separated image on the rays is the one worth pursuing.

Not an appraisal, and not an authentication. A coin worth four figures because of a variety or an error is worth certifying by a grading service before it is worth anything at all. Each one is a specialty with its own literature behind it.

Peace dollar issues

1921 Peace Dollar (No Mint Mark)

A 1921 Peace dollar is one of the key dates of the series: 1,006,473 were struck, it is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver, and even a worn example is worth many times its metal.

1921 · United States · Silver

1922 Peace Dollar (No Mint Mark)

A 1922 Peace dollar with no mint mark was struck at Philadelphia, is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver — the same metal, and the same value, as a 1922-D and a 1922-S.

1922 · United States · Silver

1922-D Peace Dollar

A 1922-D Peace dollar was struck at Denver, is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver — the same metal, and the same value, as a 1922 with no mint mark and a 1922-S.

1922 · United States · Silver

1922-S Peace Dollar

A 1922-S Peace dollar was struck at San Francisco, is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver — the same metal, and the same value, as a 1922 with no mint mark and a 1922-D.

1922 · United States · Silver

1923 Peace Dollar (No Mint Mark)

A 1923 Peace dollar with no mint mark was struck at Philadelphia, is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver — the same metal, and the same value, as a 1923-S.

1923 · United States · Silver

1923-D Peace Dollar

A 1923-D Peace dollar was struck at Denver and is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver.

1923 · United States · Silver

1923-S Peace Dollar

A 1923-S Peace dollar was struck at San Francisco, is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver — the same metal, and the same value, as a 1923 with no mint mark.

1923 · United States · Silver

1924 Peace Dollar (No Mint Mark)

A 1924 Peace dollar with no mint mark was struck at Philadelphia and is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver.

1924 · United States · Silver

1924-S Peace Dollar

A 1924-S Peace dollar was struck at San Francisco, is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver — and with 1,728,000 struck it is one of the scarcer dates in the series.

1924 · United States · Silver

1925 Peace Dollar (No Mint Mark)

A 1925 Peace dollar with no mint mark was struck at Philadelphia and is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver.

1925 · United States · Silver

1925-S Peace Dollar

A 1925-S Peace dollar was struck at San Francisco, is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver — and with 1,610,000 struck it is one of the scarcer dates in the series.

1925 · United States · Silver

1926 Peace Dollar (No Mint Mark)

A 1926 Peace dollar was struck at Philadelphia, is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver — and with 1,939,000 struck it is one of the scarcer dates in the series.

1926 · United States · Silver

1926-D Peace Dollar

A 1926-D Peace dollar was struck at Denver, is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver — and with 2,348,700 struck it is one of the scarcer dates in the series.

1926 · United States · Silver

1926-S Peace Dollar

A 1926-S Peace dollar was struck at San Francisco and is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver.

1926 · United States · Silver

1927 Peace Dollar (No Mint Mark)

A 1927 Peace dollar is one of the key dates of the series: 848,000 were struck, it is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver, and even a worn example is worth many times its metal.

1927 · United States · Silver

1927-D Peace Dollar

A 1927-D Peace dollar was struck at Denver, is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver — and with 1,268,900 struck it is one of the scarcer dates in the series.

1927 · United States · Silver

1927-S Peace Dollar

A 1927-S Peace dollar is one of the key dates of the series: 866,000 were struck, it is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver, and even a worn example is worth many times its metal.

1927 · United States · Silver

1928 Peace Dollar (No Mint Mark)

A 1928 Peace dollar is one of the key dates of the series: 360,649 were struck, it is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver, and even a worn example is worth many times its metal.

1928 · United States · Silver

1928-S Peace Dollar

A 1928-S Peace dollar was struck at San Francisco, is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver — and with 1,632,000 struck it is one of the scarcer dates in the series.

1928 · United States · Silver

1934 Peace Dollar (No Mint Mark)

A 1934 Peace dollar is one of the key dates of the series: 954,057 were struck, it is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver, and even a worn example is worth many times its metal.

1934 · United States · Silver

1934-D Peace Dollar

A 1934-D Peace dollar was struck at Denver, is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver — and with 1,569,500 struck it is one of the scarcer dates in the series.

1934 · United States · Silver

1934-S Peace Dollar

A 1934-S Peace dollar is one of the key dates of the series: 1,011,000 were struck, it is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver, and even a worn example is worth many times its metal.

1934 · United States · Silver

1935 Peace Dollar (No Mint Mark)

A 1935 Peace dollar was struck at Philadelphia, is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver — and with 1,576,000 struck it is one of the scarcer dates in the series.

1935 · United States · Silver

1935-S Peace Dollar

A 1935-S Peace dollar was struck at San Francisco, is 90% silver, 10% copper, and contains 0.7734 troy ounces of silver — and with 1,964,000 struck it is one of the scarcer dates in the series.

1935 · United States · Silver

What the metal in these adds up to, with the weights and the arithmetic and none of the above, is melt value of Peace dollar coins.