Last Updated on April 4, 2022
When compared to the rest of the old coins, the 1926 silver dollar is much more rare to find hence having considerable importance in the eyes of coin collectors and investors. Although these peace coins were minted for a short period from 1921 till 1928, most of them ended up being lost or melted for the silver. To find out what the worth of the 1926 silver dollar is now, scroll down!
How Much Is 1926 Silver Dollar Worth?
The price of the 1926 silver dollar can range anywhere from $1 to around $1000.The price that these 1926 silver dollars sell for depends on their quality. Generally, the value of these coins is high because of their rarity.
These dollars were minted at three different locations, Denver, San Francisco, and Philadelphia. The coin which was struck in Denver has the mint mark “D” present; in a similar way, the San Francisco dollar is represented by the mint mark “S.” Both of the mint marks are present on the reverse side of the dollar close to the rim, underneath the word “ONE.” The coins made in Philadelphia, however, had no mint mark present. The total amount of silver dollars minted in 1926 was 11,267,000.
When it comes to the value of the coin, the state it’s present in matters a lot. The face value of the peace coin is 1 dollar, but it always sells for a higher price. If the coin has been in circulation, it will sell for the worth of its weight in silver, which is 19.93 dollars.
The 1926 silver dollar with the mint mark of “D” in very fine condition has a value of almost 28 dollars and will sell for 32 dollars in an extremely fine condition. The worth of uncirculated coins with a grade of MS 60 can be up to 100 dollars, while a grade of MS 65 in an uncirculated condition has a value of roughly 750 dollars.
The “S” mint mark silver dollar can sell for almost 28 dollars when present in a very fine condition. These peace coins are placed at a price of 32 dollars in extremely fine condition. When these dollars are uncirculated, they can sell for 60 dollars when the grade is MS 60 and for 550 dollars with a grade of MS 65.
The peace coin with the absence of a mint mark has a value of approximately 28 dollars if the condition is very fine. The value of an extremely fine condition silver dollar is the same as coins with the mint mark, which is 32 dollars. An uncirculated dollar having a grade of MS 60 can sell for 55 dollars, whereas an uncirculated MS 65 coin has a value of roughly 325 dollars.
What makes a 1926 silver dollar rare?
Retaining their luster and staying undamaged is rare for a silver dollar made in 1926; that is why the uncirculated coins present are worth a lot of money. So, when deciding to buy this coin, it’s important to make sure that you don’t get the fake uncirculated coins that have been cleaned to hide the damage they contain.
The Design of the 1926 Peace Silver Dollar
Anthony de Francisci, an Italian-American artist, developed the silver dollar after winning a competition sponsored by the US Commission of Fine Arts. He modeled the coin’s front side after his wife in which she wore a crown along with her hair blowing in the breeze to signify Lady Liberty.
The phrase LIBERTY appeared above, with the mint year underneath. This obverse side also featured the phrase IN GOD WE TRUST.
Originally, de Francisci envisioned a bald eagle severing a sword for the reverse side of the coin. The purpose of the design was to represent the conclusion of WWI and the dawn of a new peaceful age. But, in the end, he ended up sculpting an eagle holding olive branches in its hand.
How Is the 1926 Silver Dollar Graded?
- Uncirculated MS 65 condition: The luster will present as if the coins were just made with no stain marks.
- Uncirculated MS 60 condition: A few scratch marks or stains might be visible, but the coin will retain its luster
- Extremely fine condition: Some details of the coin are a bit worn out, such as the eagle’s feather.