The Peace Dollar was issued between 1921 and 1928 as well as from 1934-1935 and is a 90% silver coin belonging to the United States. The current melt value for this coin is $20.16 As an alternative to the Morgan Dollar, and in honor of the peace accords following World War I, the Peace Dollar was designed, approved and minted. Silver dollar production at the Philadelphia Mint in 1928 took place only between April 13 and 20, with the last silver dollars required to be coined under the act struck on the latter date. A production gap of five years followed, with the next Peace Dollars in the series not produced until 1934. Denomination: One Dollar Bank Note Type: Silver Certificate. $1 Bill Front Picture: Description: This is the first and only type of silver certificate issued in 1928. Seal Type: All 1928 $1 silver certificates have the same seal type. Varieties: There are six different 1928 $1 silver certificates. They are easily identified by their series. 1928 Peace dollars are decidedly scarce, with the 1928 Philadelphia silver dollar taking the cake on rare Peace dollar classifications. In fact, the 1928 Peace dollar is considered the key date for the Peace dollar series. Only 360,649 Peace dollars were made at the Philadelphia mint in 1928, which makes it even scarcer in terms of original.
- 1928 Peace Dollar
Coin Info
1928 Silver Dollar Worth
1928 Peace dollars are decidedly scarce, with the 1928 Philadelphia silver dollar taking the cake on rare Peace dollar classifications. In fact, the 1928 Peace dollar is considered the key date for the Peace dollar series. Only 360,649 Peace dollars were made at the Philadelphia mint in 1928, which makes it even scarcer in terms of original mintage than even the famed 1909-S V.D.B. Lincoln cent. In fact, in a grace of VF-20, the 1928 Peace dollar has an approximate value of $500.
What does all this mean for the coin collector? Be careful when you’re buying a 1928 Peace dollar, as there are plenty of forgeries on the market, many of which are well disguised. Always buy any 1928 Peace dollar in a slab from a well-regarded third-party coin grading company. Remember, this is a $500 coin in the lower-circulated grades and $1,000 and up in the mid-range uncirculated grades, so be sure to spend your money wisely!
As for the 1928-S Peace dollar, many more of those were struck than their Philadelphia counterparts. 1,632,000 Peace dollars were made at the San Francisco mint, and these are worth about $35 each in Very Fine and around $250 in Mint State 60.
1928 Silver Dollar Peace
No Peace dollars would be struck until 1934.