The Peace Dollar is one of the most iconic coins in U.S. history. Originally minted from 1921 to 1935, these coins carry significant value due to their historical importance and limited availability. In this article, we will explore the 11 most valuable Peace Dollar coins worth money, highlighting their worth and features with pictures to help collectors and investors understand their value.
Why Are Peace Dollar Coins Valuable?
Peace Dollar coins are valuable for various reasons. Here are the key factors that contribute to their worth:
- Historical Significance: The Peace Dollar was issued to celebrate the end of World War I.
- Rarity: Many of these coins were melted down, reducing their availability.
- Condition: Coins in excellent condition or those with unique features tend to be worth more.
- Demand: Collectors seek these coins due to their rich history and beauty.
Now, let’s dive into the 11 most valuable Peace Dollar coins that are worth money today.
1. 1921 Peace Dollar (High Demand, High Value)
The 1921 Peace Dollar is the first year of mintage, making it highly sought after. A coin in mint condition can fetch thousands of dollars at auctions.
- Mint Year: 1921
- Value: Around $1,000 (in excellent condition)
- Rarity: High, as it was the first-year release.
- Feature: Distinctive “high relief” design, which makes it stand out from other years.
2. 1934-S Peace Dollar (Scarcity Boosts Value)
The 1934-S Peace Dollar is one of the rarest coins in the series. Due to its low mintage, it is valued highly among collectors.
- Mint Year: 1934
- Value: $500 to $3,000
- Rarity: Extremely scarce.
- Feature: Low mintage of just over 1 million coins.
3. 1928 Peace Dollar (One of the Most Sought-After Coins)
The 1928 Peace Dollar has become one of the most sought-after coins due to its low production numbers. Collectors often look for this coin to complete their sets.
- Mint Year: 1928
- Value: $1,200 (in high grade)
- Rarity: Low mintage, making it rare.
- Feature: Unique “mint mark” that distinguishes it from other coins.
1923 Peace Dollar (Strong Collectibility)
The 1923 Peace Dollar is another key coin in the Peace Dollar series. It is common but still valuable in higher grades.
- Mint Year: 1923
- Value: $150 to $500 (depending on condition)
- Rarity: Common, but still in demand.
- Feature: Known for good overall condition when preserved well.
4. 1935 Peace Dollar (Final Year of Production)
The 1935 Peace Dollar marks the final year of mintage for the Peace Dollar series, making it a significant coin for collectors.
- Mint Year: 1935
- Value: $250 to $1,000 (high-grade coins)
- Rarity: Moderate, but still valuable due to its historical importance.
- Feature: The last Peace Dollar coin, adding to its value.
5. 1921 High Relief Peace Dollar (Premium Edition)
The 1921 High Relief Peace Dollar is particularly valuable due to its design and scarcity. Only a few of these coins were minted, and they are highly prized by collectors.
- Mint Year: 1921
- Value: $5,000 or more (in perfect condition)
- Rarity: Extremely rare, only limited high relief coins were produced.
- Feature: A striking design with more pronounced features.
1927 Peace Dollar (Increasing Value Over Time)
The 1927 Peace Dollar is another coin that’s seen its value rise over time. While not as rare as some others, it is still quite valuable.
- Mint Year: 1927
- Value: $400 to $1,200 (depending on grade)
- Rarity: Moderate, but increasing demand.
- Feature: Clean design and well-preserved versions are prized.
6. 1934 Peace Dollar (Scarcity and Condition)
The 1934 Peace Dollar is one of the rarest coins, particularly in mint state. It holds substantial value due to its limited availability.
- Mint Year: 1934
- Value: Up to $3,500 (in pristine condition)
- Rarity: Scarce due to limited mintage.
- Feature: Low minting numbers in both branches.
FAQs
1. What makes a Peace Dollar coin valuable?
A Peace Dollar is valuable due to its historical significance, rarity, and condition.
2. How much is a 1921 Peace Dollar worth?
A 1921 Peace Dollar can be worth up to $1,000 in excellent condition.
3. Why is the 1934-S Peace Dollar so rare?
The 1934-S Peace Dollar has a low mintage, making it highly rare.
4. Are all Peace Dollar coins valuable?
While some Peace Dollar coins are valuable, others are more common and worth less.
5. Where can I sell a Peace Dollar?
You can sell Peace Dollar coins through auctions, coin dealers, or online marketplaces.