Peace Dollar Melt Value Today
Current melt value: $50.71 per coin
Last updated: 8/11/2026, 4:51:42 AM · Live data
Peace Dollar Melt Value Calculator
Prices last updated: 8/11/2026, 4:51:42 AM
Dealers typically pay 80–95% of melt for common silver coins.
| Peace Dollar Specifications | |
|---|---|
| Years Minted | 1921–1928, 1934–1935 |
| Composition | 90% Silver, 10% Copper |
| Fineness | 0.9 |
| Total Weight | 26.73 g |
| ASW (Silver Content) | 24.057 g (0.7734 ozt) |
| Face Value | $1.00 |
| Current Melt Value | $50.71 |
Obverse
Reverse
How to Identify the Silver Version
All Peace Dollars are 90% silver. The edge is reeded. Look for the mintmark on the reverse, below the word "ONE": "S" for San Francisco, "D" for Denver, no mintmark for Philadelphia. The design is distinct from the Morgan Dollar — Liberty faces left with a radiate crown, and the eagle faces right.
Key Dates — Do Not Sell for Melt
1928-S (key date), 1921 (high relief), 1934-S. The 1928-S in circulated condition can be worth significantly more than melt. Have any 1928-S appraised before selling for silver content.
About the Peace Dollar
The Peace Dollar was minted from 1921 to 1928 and again from 1934 to 1935, designed by Anthony de Francisci to commemorate peace following World War I. It replaced the Morgan Dollar and was the last silver dollar struck for circulation in the United States. The obverse features Liberty with a radiate crown, and the reverse shows an eagle at rest on a rock, gazing toward the sunrise.
Each Peace Dollar contains 0.7734 troy ounces of pure silver — identical to the Morgan Dollar. The total weight is 26.73 grams at 90% silver and 10% copper. The melt value is computed by multiplying the silver content by the current spot price, rendered in the spec table above.
The 1921 Peace Dollar was struck in high relief, which caused production problems and was lowered in 1922. High-relief 1921 coins carry a premium above melt. The 1928-S is the lowest-mintage circulation strike and is the key date of the series. Most circulated Peace Dollars trade near melt value, making them popular with junk silver buyers.
Peace Dollars were produced at Philadelphia, San Francisco, and Denver. Unlike Morgan Dollars, there are no Carson City Peace Dollars — the CC mint had closed by the time the series began. The coins were minted in much smaller quantities than Morgan Dollars, with total production around 190 million, which makes complete sets harder to assemble.
Peace Dollar FAQ
What is the melt value of a Peace Dollar?
The melt value is 0.7734 troy ounces of silver multiplied by the current spot price. Use the calculator on this page to see the exact value at today's silver price.
Are Peace Dollars 90% silver?
Yes. Every Peace Dollar minted from 1921 to 1928 and 1934 to 1935 is 90% silver with 10% copper. There are no clad or non-silver Peace Dollars.
What is the rarest Peace Dollar?
The 1928-S is the key date of the series with a low mintage. The 1921 high-relief issue also carries a premium. Any uncirculated Peace Dollar will be worth more than melt value — have rare dates appraised.
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