Cheapest Peace Silver Dollar
You are looking at the last U.S. silver dollar struck for general circulation. The Peace Dollar carries 0.7734 troy ounces of silver in a 90% silver, 10% copper alloy, the same composition as the Morgan that came before it. If you want pre-1965 U.S. silver in dollar denominations, this is one of two coins on the menu.
What is the cheapest Peace Silver Dollar right now?
The lowest-premium Peace Silver Dollar listing across our tracked dealers appears at the top of the grid above. Premiums are recalculated against live spot every hour.
What is a Peace Silver Dollar and how much silver does it contain?
Peace Silver Dollar. Struck by the U.S. Mint from 1921 through 1928, then again in 1934 and 1935. Each coin holds 0.7734 troy ounces of silver in a 90% silver, 10% copper alloy. The full coin weighs 26.73 grams and measures 38.1 mm across, the same physical dimensions as the Morgan Dollar.
The design was approved by the Commission of Fine Arts in late 1921 and rushed into production that December. Anthony de Francisci sculpted Liberty on the obverse with his wife Teresa as the model. The reverse depicts a bald eagle perched on a rock with the word PEACE at the base, a deliberate post-war motif.
When you buy a Peace Dollar today you are buying just under 0.78 oz of silver wrapped in a piece of U.S. coinage history. Live spot reference: $80.62.
How does pricing work and what should you expect to pay?
Peace Dollars trade in two distinct markets. Bullion-grade rolls of circulated coins price off the silver melt with a small numismatic premium. Graded coins, key dates, and high-mint-state examples price off the collector market and can run many multiples of melt.
For a stacker, the relevant number is the premium over spot. Today's lowest premium on our tracked dealers sits at recent. Premiums on 90% silver coins move with retail demand for survival-grade U.S. silver, so they tend to widen during heavy buying cycles and tighten when the market is quiet.
See today's cheapest Peace DollarWhy do collectors and stackers treat Peace Dollars differently from Morgans?
By weight and silver content the two coins are identical. The differences are aesthetic and historical. Morgans ran from 1878 to 1904 and again in 1921, with much higher total mintages and a longer roster of branch-mint issues. Peace Dollars ran a shorter total span and produced fewer coins overall.
For bullion stackers buying by the roll, the two are interchangeable. Dealers often quote 90% silver dollars as a single bucket. Collectors care about the design distinction, the de Francisci portrait, the high-relief 1921, and key dates like 1928 Philadelphia and 1934-S in mint state.
If you want the cheapest entry to pre-1965 U.S. silver dollars, it usually comes down to whichever of the two has the slimmer premium that day. Sometimes Peace, sometimes Morgan.
Are Peace Dollars a good way to buy 90% silver?
Yes, with caveats. Cull and circulated Peace Dollars are one of the lower-premium ways to own 90% silver in dollar-denomination form. You get a recognizable U.S. coin, a known silver weight, and a deep secondary market when you want to sell.
The caveat is that you are paying a small numismatic uplift over generic 90% "junk silver" priced strictly by face value. If you only care about ounces per dollar, dimes and quarters in 90% bags are usually cheaper per ounce than dollar coins.
The trade-off is liquidity and recognition. A handful of Peace Dollars is easier to spot-check and sell at a coin shop than the same silver weight in worn dimes.
How can you compare dealer prices on Peace Dollars right now?
We track six dealers offering the Peace Silver Dollar today. The low end and the high end can vary by several dollars per coin, and the cheapest dealer changes day to day with shipping promos and inventory cycles.
Last price refresh:
. If you want to see only the lowest current offer, click through from the dealer table above.Frequently Asked Questions
How much silver is in a Peace Silver Dollar?
Each Peace Dollar contains 0.7734 troy ounces of pure silver in a 90% silver, 10% copper alloy. The full coin weighs 26.73 grams and measures 38.1 mm in diameter, identical in size and composition to the Morgan Dollar.
What years was the Peace Silver Dollar minted?
The Peace Dollar was struck from 1921 to 1928 and again in 1934 and 1935. The 1921 issue used a high-relief design that was lowered in 1922 to improve striking efficiency. No coins were produced for circulation between 1929 and 1933.
Why is the 1928 Peace Dollar considered the key date?
The 1928 Philadelphia issue had the lowest mintage of the series for a circulating year, making it the recognized key date for collectors. Branch-mint issues like 1934-S also command meaningful premiums in higher grades, especially mint state.
Should you buy Peace Dollars for silver stacking or for collecting?
It depends on your goal. Cull and circulated Peace Dollars work well for low-premium 90% silver stacking. If you want collector value, look at certified mint-state coins or scarcer dates, but expect to pay numismatic premiums well above the silver melt price.
Are Peace Dollars cheaper than Morgan Dollars?
Sometimes. Generic circulated Peace Dollars and Morgans usually trade in the same range because dealers often bucket them together as 90% silver dollars. On any given day one may be cheaper than the other based on inventory and dealer promos.