
The 1924-S Silver Peace Dollar is a rare and valuable coin, especially in high grades.
Its rarity can be attributed to the low mintage of 1,006,000 coins, which is relatively low compared to other coins of the time.
The coin's condition plays a significant role in determining its value, with higher grades commanding higher prices.
In mint state condition, the 1924-S Silver Peace Dollar can sell for thousands of dollars.
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San Francisco Mint Peace Silver Dollar Value
The San Francisco Mint Peace Silver Dollar is a unique coin with a rich history. It was produced in 1924 with a mintage of just over 1.7 million coins.
High-grade coins are extremely rare, especially in MS-65 and above. In fact, only a small handful of pieces have been graded MS-66 by leading third-party grading services.
Finding an attractive coin with luster, a good strike, and few marks is very difficult. The coin's design features a bust of a female facing the left with a pointed crown and flowing hair on the obverse, and an eagle sitting on a rock in the center with rays in the background on the reverse.
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The obverse text reads "Liberty; In God We Trvst (Trust); 1924", while the reverse text reads "United States of America; E Pluribus Unum; One Dollar; Peace; S."
If you're looking to buy a high-end circulated 1924-S $1 coin, you can expect to pay a modest premium above silver value. However, finding a coin with no major marks and plenty of retained luster in AU condition can be challenging.
Here's a rough guide to the value of 1924-S Peace Silver Dollars:
Keep in mind that these prices are based on the Red Book and may vary depending on the coin's condition and other factors.
Specifications and Grading
The 1924-S Silver Peace Dollar is a unique coin with several key specifications. It's made of 90% silver and 10% copper, with a silver weight of 0.77344 oz. and a total weight of 26.73 grams.
The coin's face value is $1.00, and its current silver bullion value is $25.30. If you're looking to buy or sell one, keep in mind that the mint mark can be found on the reverse side, below the word "ONE".
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Here's a breakdown of the mintage quantities for the 1924 and 1924-S Peace Dollars:
To determine the grade of your 1924-S Peace Dollar, you can look for signs of wear and tear. The grading process is subjective, but expert coin graders will examine the coin's overall condition, including any imperfections in the images, wording, texture, or color.
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Specifications
The 1924 Peace Dollar is a beautiful coin with some interesting specifications. The coin is made of 90% silver and 10% copper, weighing in at 26.73 grams.
The face value of the coin is $1.00, but the current silver bullion value is $25.30. This means that if you were to melt down the coin, you'd get a significant amount of silver.
The coin was minted in two locations: Philadelphia and San Francisco. The Philadelphia mint produced 11,811,000 coins, while the San Francisco mint produced 1,728,000 coins.
Here's a breakdown of the mintage numbers for the 1924 Peace Dollar:
The specifications of the 1924 Peace Dollar are quite impressive, and collectors are drawn to the coin's historical significance, silver content, and aesthetics.
Grading Peace Dollar
An uncirculated 1924 Peace Dollar coin shows no signs of wearing or imperfections, looking like it just came out of the mint's presses.
You can easily use a magnifying glass to examine the coin's images and other details, and check if some of the details have been worn away slightly over time.
Coins in extremely fine condition show only minor wear on the coin's images or wording, and the coin's texture may feel smoother overall.
A coin in fine condition has kept all of its details intact, but with visible signs of wear and tear on the coin.
Coins in good condition have very visible signs of wear and tear, and you may need a magnifying glass to determine the coin type, mint year, and other information.
A coin's grade is largely attributed to the opinion of an expert coin grader, who thoroughly examines each coin to determine its overall condition.
The better the overall condition of the coin, the more valuable it may be, so it's essential to carefully examine both sides of the coin for any imperfections in the images, wording, texture, or color.
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Overview
The 1924-S silver peace dollar is a highly sought-after coin among collectors. It was minted in San Francisco in 1924.
This coin is a key date in the peace dollar series, which was first introduced in 1921.
The 1924-S silver peace dollar contains 90% silver and 10% copper.
Its mintage was relatively low, with only 1,006,000 coins produced.
The coin features a portrait of Lady Liberty on the obverse side.
Its value can range from a few hundred to several thousand dollars, depending on its condition.
Frequently Asked Questions
What makes a 1924 Peace Dollar rare?
The 1924 Peace Dollar is rare due to its limited production and historical significance. Its rarity, combined with its silver content and attractive design, makes it highly sought after by collectors.
How do I know if my silver dollar is worth money?
To determine if your silver dollar is valuable, check its rarity, condition, and silver content, as these factors significantly impact its worth. If you suspect your coin may be rare or valuable, consider having it professionally graded and appraised for a more accurate assessment.
Sources
- https://www.govmint.com/1924-s-1-peace-silver-au
- https://coinappraiser.com/coins/value-of-1924-s-peace-silver-dollar/
- https://www.silverrecyclers.com/coins/1924-silver-dollar.aspx
- https://www.jmbullion.com/coin-info/us-silver-dollars/peace-dollars/1924-peace-dollar/
- https://coinappraiser.com/coins/value-of-1924-peace-silver-dollar/
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