1934-D Peace Dollar

The fairly easy to find 1934-D Peace Dollar is often considered a forgotten and overlooked coin compared to others in the Peace dollar series. Most of the coins in existence can be found in lower grades of circulated or mint state, but it’s relatively hard to find higher grades.

The strike is typically good for a 1934-D Peace dollar but some pieces are bag-marked, as was common with many Peace dollars that sat in bank vaults for a long time.

History of the 1934-D Peace Dollar

It was President Roosevelt who ordered the return of the silver dollar after a 6 year hiatus, but the history of the 1934-D Peace silver dollar isn’t well documented after its inception. Generally, this coin seems to be overlooked as a whole.

It’s widely believed that the treasury released bags of the 1934-D Peace silver dollar into the market over the next couple of decades following its mintage, but collectors and dealers generally didn’t take notice. This was reportedly one of the few Peace dollars that wasn’t released in 1962-1964 when bank vaults released huge amounts of nearly forgotten coins. We can only presume that the mintage trickled these bags out slowly in the years before, as uncirculated bags didn’t turn up after this at all.