1923 Peace Dollar

About This Coin

The 1923 Peace Dollar is a United States dollar from the Peace Dollars 1921-1935 series — 3rd of 11 years in the series. In 1923, coins were struck at the Philadelphia, Denver, and San Francisco Mints with a combined mintage of 56.6 million. This represents the second-highest annual mintage in the series, above the series median of 7.4 million. The obverse features a youthful Liberty facing left wearing a radiate crown, designed after sculptor Anthony de Francisci's wife Teresa and the reverse displays a bald eagle perched on a rock above the word PEACE, with rays of sunlight. Minted during and after World War I, as America emerged as a global power and experienced the prosperity of the Roaring Twenties. Struck in 90% silver, 10% copper, weighing 26.73 grams, 38.1 mm in diameter, with a reeded edge. Collectors have cataloged 499 known die varieties for this date across 5 categories, including atypical die clash, doubled die obverse, doubled die reverse and 2 other types. Struck two years after the 1921 key date, the lowest-mintage regular issue in the series. Across its variants, estimated values range from $74 to $2.8K depending on mint mark, grade, and strike type. A notable auction result reached $120K in MS67 grade at Heritage Auctions. Designed by Anthony de Francisci.