CoinTrackers.com has estimated the 1923 D Peace Dollar value at an average of $26, one in certified mint state (MS+) could be worth $925. (see details)...
Type:Peace Dollar
Year:1923
Mint Mark: D
Face Value: 1.00 USD
Total Produced: 6,811,000 [?]
Silver Content: 90%
Silver Weight: .7735 oz.
Silver Melt: $21.05
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $26, while one in certified mint state (MS+) condition could bring as much as $925 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean in a similar condition to other coins issued in 1923, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].
Calculate 90% silver value: (26.96 ×. × 26.73 ×.90) = $323 $20.8522 is the rounded silver value for the 1878-1921 silver Morgan dollar on February 05, 2021. This is usually the value used by coin dealers when selling these coins at melt value. However, the total melt value is continued below. Calculate 10% copper. David Bowers: The following narrative, with minor editing, is from my 'Silver Dollars & Trade Dollars of the United States: A Complete Encyclopedia' (Wolfeboro, NH: Bowers and Merena Galleries, Inc., 1993). Coinage Context The 1923 Peace dollar mintage is the second largest in the series, after the record-breaking 1922. There was no need for more Peace dollars in circulation, for dollars.
Additional Info: Just 10% of all the 1923 Peace dollars were minted here at the (d) Denver mint. These are the rarest of the 1923 peace dollars according to mint reports.
Numismatic vs Intrinsic Value:This coin in poor condition is still worth $4.95 more than the intrinsic value from silver content of $21.05, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.
Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Also learn how to properly store your coins.
Current silver melt value* for a 1923 D is $21.05 and this price is based off the current silver spot price of $27.22 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.
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**When we say that 6,811,000, of these coins were produced or minted in 1923 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.
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1923 Silver Dollar Value No Mint Mark
***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.Call or visit your local coin dealer for more information.
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1923 Silver Dollar Value Uncirculated
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