Peace Dollar representative series image
Representative series imagePeace DollarReference art may not show this exact date or mint.
Peace Dollar
U.S. collector price guide

1923-D Peace Dollar

Denomination
$1
Mint
D
Composition
90% silver, 10% copper
Mintage
6,811,000
Guide value by grade$90.00–$1,650
Limited9 priced grades

Collector value is shown by grade, but intrinsic metal value can dominate lower-grade outcomes.

Circulated$90.00
Gem uncirculated$1,650
Melt floor$24.360.7734 oz × $31.5/oz
Updated 2026-06-09published-guideHow the guide works →
Grade Ladder
$90$237$626$1.6kG-4VG-8F-12VF-20EF-40AU-50MS-60MS-63MS-65
Tab, hover, or tap a grade to see the price jump
Price by Grade
GradeQualityEst. Value
Good-4Good
$90
Very Good-8Very Good
$90
Fine-12Fine
$90
Very Fine-20Very Fine
$90
Extremely Fine-40Extremely Fine
$90
About Uncirculated-50About Uncirculated
$92
MS-60Mint State
$125
MS-63Choice Uncirculated
$325
MS-65Gem Uncirculated
$1,650

Estimates from published guides and recent sold data. Grade is everything. Verify before you buy.
Melt floor: Includes intrinsic metal value (0.7734 oz silver). Marked grades are worth more melted than as collector coins.

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What to do next
Check the gradeValue changes by condition. Compare the grade ladder before using the headline estimate.
Watch melt valueMetal value is part of this page, and can dominate lower-grade outcomes.
Verify before buyingUse methodology, source confidence, and recent comps before making purchase decisions.
Common Questions

What is the 1923-D Peace Dollar worth?

Current guide estimates on this page range from $90.00 to $1,650 depending on grade.

Why does grade matter for the 1923-D Peace Dollar?

Coin value can change sharply by condition. Use the grade ladder and price-by-grade table before relying on any single headline estimate.

Does melt value affect the 1923-D Peace Dollar?

This page shows a melt floor of $24.36 based on listed metal weight and the current guide spot value used by CoinSpinner.

Survivor's LedgerNo. cs_us_dollar_peace-dollar_1923_d_none
103years survived since minting
Minted
1923 · D
Denomination
$1
Composition
90% silver, 10% copper
Mintage
6,811,000

Peace Dollar series: Authorized to commemorate the end of the First World War, the Peace Dollar succeeded the Morgan. The 1921 first-year strike used a high-relief die that was lowered in 1922 for production durability. The series ended in 1935; a controversial 1964-D run was struck but never released and almost certainly all melted. Designed by Anthony de Francisci. Struck 1921–1928, 1934–1935.

Post-WWI Peace (1921–1935): Authorized to commemorate peace after the First World War, the Peace Dollar replaced the Morgan in late 1921. Anthony de Francisci's design depicts Liberty in profile with a softer, more modern aesthetic than the Victorian Morgan. Struck intermittently through 1935, then dormant until a one-year 2021 centennial revival.

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Guide record
Grade and metal context

Use the grade ladder, pricing confidence, and melt floor together before making a buying decision.

Read methodology →
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