A Peace Silver Dollar contains 0.7735 troy oz of pure silver, worth $41.80 at today's spot price.
Anthony de Francisci's Peace dollar marked the end of World War I. It was struck from 1921 to 1928 and in 1934 and 1935.
Melt values use these spot prices (US dollars):
- Silver $54.05 per troy oz Current quote · Quote time Oct 25, 1:09 AM EDT
Some prices could not be refreshed recently and may be out of date.
Melt value is the metal content at spot price, not a buy or sell price. Collectible coins can be worth much more. For reference only.
Specifications
| Years | 1921–1935 |
|---|---|
| Face value | $1 |
| Composition | 90% silver, 10% copper |
| Gross weight | 26.73 g |
| Fineness | .900 (90%) |
| Pure metal | 0.7735 troy oz (24.057 g) |
| Diameter | 38.1 mm |
| Standard roll | 20 coins |
How the melt value is worked out
Melt value is the pure silver in the coin multiplied by the spot price. We use the coin's standard minted weight; worn coins weigh slightly less.
-
26.73 g × .900 fine ÷ 31.1035 g per troy oz = 0.7735 troy oz
0.7735 troy oz × $54.05 spot = $41.80
How to identify it
- Liberty wears a radiant crown; the reverse shows an eagle at rest with the word PEACE.
- The mint mark (D or S) is on the reverse, below the word ONE near the eagle's wing tip.
Melt value vs. collector value
Like Morgans, Peace dollars usually sell above melt. The 1921 high-relief issue and the 1928 and 1934-S are the scarcer dates. The 2021 and later anniversary coins are .999 fine and are not covered here.
Related tools
Sources
- US Mint: Domestic and Foreign Coins Manufactured by Mints of the United States, 1792–1965 — checked 2026-10-22
- Act of January 18, 1837 (5 Stat. 136) — checked 2026-10-22