1923 Peace Dollar : A Collector’s Guide

The 1923 Peace Dollar is a highly sought-after coin among collectors due to its historical significance, unique design, and relative scarcity. Here's a comprehensive collector's guide to this specific coin: 

Historical Context: The 1923 Peace Dollar was minted during the period following World War I, a time when there was a desire for peace and stability. The Peace Dollar series was introduced in 1921 to commemorate the end of the war and symbolize the hope for peace.  

Design: The obverse (front) of the 1923 Peace Dollar features a left-facing portrait of Lady Liberty, wearing a tiara that bears the word "LIBERTY." The reverse (back) displays a perched eagle clutching an olive branch, symbolizing peace, with the sun rising behind it. 

Mintage: The 1923 Peace Dollar had a total mintage of approximately 30.8 million coins, making it one of the more common dates in the series. The coins were struck at the Philadelphia Mint, indicated by the absence of a mint mark. 

Collector Value: Despite its availability, the 1923 Peace Dollar is prized by collectors, especially in higher grades. Examples in uncirculated condition, particularly those with full mint luster and sharp details, command premium prices in the numismatic market. 

Grading and Authentication: When collecting the 1923 Peace Dollar, it's essential to ensure the coin's authenticity and condition. Coins should be graded by reputable third-party grading services 

Varieties and Die Variations: While the 1923 Peace Dollar itself does not have major varieties, minor die variations and mint errors can add interest to a collector's pursuit. Variations may include differences in die polishing, doubling, or minor design anomalies. 

Collecting Strategies: Collectors may pursue various strategies when acquiring the 1923 Peace Dollar. Some aim to assemble a complete set of Peace Dollars, including all years and major varieties.  

Overall, the 1923 Peace Dollar is a prized addition to any coin collection, cherished for its historical significance, unique design, and collectibility. Whether you're a seasoned collector or new to the hobby, acquiring a 1923 Peace Dollar offers a unique opportunity to own a piece of American numismatic history. 

stay updated