Agate Precious Metals

Peace Dollar Key Dates: 1928, 1921, 1934-S and the Coins Worth Checking First

The Peace dollar key dates are the 1921, the 1928 Philadelphia, the 1927-D, the 1934-S, and the 1928-S — five coins that trade for many times the common-date price. The rarest of them, the 1928 Philadelphia, had the lowest mintage of the whole series at 360,649 pieces.

Every other Peace dollar is a common date worth close to its silver and typical collector value — our Peace Dollar Value guide prices those. This page covers only the dates that carry a real premium, why they do, and how to spot them. Figures checked November 8, 2026.

The Key Dates at a Glance

Date & mint Mintage Typical circulated Typical uncirculated
1928 Philadelphia 360,649 $350–$450 $1,500+
1921 (high relief) 1,006,473 $110–$175 $450+
1934-S 1,011,000 $85–$130 $1,800+
1927-D 1,268,900 $55–$85 $400+
1928-S 1,632,000 $50–$75 $300+

Ranges are typical dealer asking ranges for problem-free coins and move with the silver price and the grade. Every Peace dollar contains 0.7734 oz of silver, worth $40.27 in melt at $52.07 spot — Data by Bullion Price Check, as of November 8, 2026, 12:53 AM ET — so no genuine Peace dollar trades below melt for long.

Why These Five Carry the Premium

Three of the five are simply low-mintage coins: the 1928 Philadelphia, 1934-S, and 1927-D were struck in small numbers and heavily spent. The 1921 is a one-year type — the only Peace dollar struck in high relief — so every type collector needs one. The 1928-S makes the list on condition: plenty survive worn, but sharp uncirculated examples are genuinely scarce.

The 1928 Philadelphia: The King of the Series

The 1928 with no mint mark is the coin the whole set turns on. Philadelphia struck only 360,649, most went straight into circulation, and a problem-free uncirculated example is a four-figure coin. Our dedicated guide covers its value by grade, the small-S/large-S confusion with the San Francisco version, and the counterfeits to watch for: 1928 Peace Dollar Value.

Semi-Key Dates Worth a Second Look

Just below the big five sit the 1927 Philadelphia (848,000 minted), the 1930-S (1,350,000), and the 1934-D (1,569,500). None is rare worn — typical circulated prices run $45–$70 — but each climbs steeply in mint state, and all three are cheap to add while a set is being built. The 1925 and 1926 issues stay common in every grade.

How to Check Your Own Coins

The date sits at the bottom of the obverse, under Liberty’s neck. The mint mark — D for Denver, S for San Francisco, nothing for Philadelphia — is on the reverse, in the small field beneath the eagle’s tail feathers. Check those two spots on every Peace dollar you own before pricing it as a common date: the difference between a 1928-S and a mint-mark-free 1928 is several hundred dollars.

Common-date Peace dollars in brilliant uncirculated condition are the affordable way into the series — Agate’s Peace Silver Dollar – BU is $48.93 while in stock — and the key dates above are the coins to grade and certify first.

Frequently Asked Questions

What is the rarest Peace dollar?
The 1928 Philadelphia is the rarest regular-issue Peace dollar, with the lowest mintage of the series at 360,649 pieces. The 1921 is close behind in collector demand because it is the only high-relief year.

Which Peace dollars are worth the most money?
The 1928 Philadelphia leads in most grades, followed by the 1934-S in uncirculated condition and the 1921 high relief. A certified 1928 in MS65 can bring five figures at auction.

Are 1922 and 1923 Peace dollars worth anything?
Yes, but they are the two most common dates in the series, with mintages over 50 million combined. Worn examples trade near melt — about $40 at the November 8, 2026 silver price — and nice uncirculated coins bring roughly $45–$65, as detailed in our Peace Dollar Value guide.

Where is the mint mark on a Peace dollar?
On the reverse, beneath the eagle’s tail feathers. No mint mark means Philadelphia, which is exactly what makes a 1928 valuable.

Educational content only — not financial advice. Values are typical ranges for problem-free coins, checked November 8, 2026, and move with the silver market and the individual coin’s grade.