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1923 Peace Dollar Brilliant Uncirculated (100th Anniversary)

1923 Peace Dollar Brilliant Uncirculated (100th Anniversary)

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The Peace Dollar was originally designed in 1921 by mint engraver Anthony D. Francisci. The design was a result of a competition held by the Commission of Fine Arts and was intended to replace the famous Morgan Silver Dollar. Moreover, it was issued after the world war to symbolize peace and prosperity. The obverse of each Peace Dollar featured a stunning lady liberty with a crown on her head. The reverse of the coin featured a fierce looking eagle standing in the wind. 

The 1923 Peace Dollar was one of the more commonly produced in the series. A total of 30,800,000 coins were produced. Although the preceding year 1922 Peace Dollar was over 50,000,000 coins, the 1923 still is considered today to be a more common date in the series. This being said, the value of the two are roughly the same in brilliant uncirculated condition. A collector can currently find a 1923 Peace Dollar in stunning brilliant uncirculated condition for less than $50. However, higher grade specimens will be much more expensive. 

An interesting fact about the Peace Dollar is that it is the last Silver Dollar to be made in 90% silver. Specifically, every Peace Dollar in the series from start in 1921 to finish in 1935 was composed of 90% silver and 10% copper. Collectors often buy Peace Silver Dollars Rolls if they are looking to collect them for the silver content, albums if they are just looking to have a complete date set, or certified by PCGS or NGC if they are looking to put together a higher end collection. 

 FAQ

The 1923 Peace Dollar is a silver dollar coin minted by the United States, part of the Peace Dollar series that was issued from 1921 to 1935. The coin was designed by Anthony de Francisci and symbolizes peace following World War I.

The 1923 Peace Dollar is significant due to its beautiful design and its representation of peace after World War I. It is one of the more abundantly minted years within the Peace Dollar series, making it a popular choice for both novice and experienced collectors.

"BU" stands for "Brilliant Uncirculated." This designation means the coin has never been circulated and retains all or most of its original luster and detail, with no signs of wear.

The value of a 1923 Peace Dollar in BU condition can vary based on the market but typically ranges from $50 to $80. Exceptionally high-grade examples, especially those graded MS65 and above, can fetch significantly higher prices.

A 1923 Peace Dollar BU can be purchased from rare coin dealers such as Bullion Shark, online numismatic retailers, auctions, and sometimes at coin shows. Websites like eBay, Heritage Auctions, and other reputable coin auction sites often have listings for this coin.

To verify the authenticity of a 1923 Peace Dollar BU, you should check its weight, dimensions, and design details against known standards. Consulting with a professional numismatist or submitting the coin to a reputable grading service like PCGS or NGC is also advisable.

Common issues with the 1923 Peace Dollar include weak strikes, which can affect the coin’s detail, particularly in the center of the coin. Bag marks and abrasions are also relatively common due to the large mintages and the way the coins were stored and transported in bags.

To care for and store your 1923 Peace Dollar BU, keep it in a cool, dry place away from direct sunlight. Use protective holders like air-tight capsules or flips made from inert materials to protect the coin from environmental elements and handling.

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