How Much Is a 1923 Silver Dollar Worth? (Learn The Value of This Coin)

Last Updated on March 11, 2022

The 1923 silver dollar was mainly designed to symbolize peace after the end of the First World War. It is now approximately 100 years old since its first release.

Keep on reading to find out 1923 silver dollar value and more.

How much is a 1923 silver dollar worth?

In very fine condition, you can sell the 1923 silver dollar with no mint mark for around $25. Around $27 if it’s graded in extremely fine condition and around $30 for coins with an MS 60 grade in uncirculated condition. You can expect $110 in uncirculated coins with a grade of MS 65.

Meanwhile, the 1923 D silver dollar in very fine condition is around $28 while around $30 in extremely fine condition. $75 for coins with an MS 60 grade in uncirculated condition and around $850 in uncirculated coins with a grade of MS 65.

For the 1923 S silver dollar in very fine condition, you can sell it for $28 and around $30 in extremely fine grade. Around $50 for coins with an MS 60 grade in uncirculated condition while around $1,850 in uncirculated coins with a grade of MS 65.

1923 P Peace Dollar $1 Brilliant Uncirculated

What is the grading system for the 1923 silver dollar?

Very fine– A portion of the eagle’s feathers are visible and Liberty’s hair looks quite worn.

Extremely fine– The hair lines over Liberty’s brow are slightly worn and each of the eagle’s feathers are visible but a bit faint.

MS 60 uncirculated–  There may be a few stains or marks but the coin has luster and no signs of wear.

MS 65 gem uncirculated– A few light contact marks can be seen and there is strong luster.

How do you clean a 1923 silver dollar?

Just gently rub it using cotton with alcohol. No need to use harsh chemicals or you’ll  strip the history off the coin.

What makes a 1923 Peace Dollar rare?

The Peace Dollar coins were of limited mintage and were only minted for a period of a few years, making these coins popular among coin collectors.

Is there a shortage of the 1923 peace silver dollar?

There is no shortage for the 1923 peace silver dollar. These coins are available for coin collectors in nearly all grades including MS 65 and MS 66. In very high grades such as MS 67, on the other hand, quantity of supply is limited.

Significance and relevance of 1923 silver dollar design

The peace dollar was produced five years after the end of the 1st world war to signify a renewed hope of peaceful coexistence.

The coin has also a significant influence on the designer, Anthony de Francisco. During his wife’s early school days, Teresa was denied a chance to act as American goodness in a school play.

Teresa was always upset during occasional cruises when she would see New York’s Statue of Liberty. To make his wife feel better, Anthony took the chance to fulfill his wife’s long-term dream; to be an American model.

Anthony, therefore, used his wife as a model for the 1923 silver dollar design.

Jackie Palmer is a Sydney-based coin expert and fashion enthusiast. She joined Jewels Advisor’s content team after years of experience as a content strategist and social media consultant, managing blogs and social channels for local fashion and jewelry stores, designers and influencers. Since 2021, Jackie is also leading Jewels Advisors growing social activity and Influencer Marketing partnerships.