1923-D Peace Dollar Value
A 1923-D Peace Dollar is worth roughly $29.00 to $282 depending on its condition; the melt floor under every example is $28.23 (spot prices as of 2026-06-01) Where your coin lands depends on wear, strike and surface quality.
1923-D Peace Dollar value by grade
| Grade | Estimated value |
|---|---|
| Melt value floor(metal content, 2026-06-01) | $28.23 |
| Good (G-4) | $29.00 to $38.00 |
| Very Good (VG-8) | $29.00 to $39.50 |
| Fine (F-12) | $29.00 to $41.50 |
| Very Fine (VF-20) | $30.50 to $45.00 |
| Extremely Fine (XF-40) | $35.00 to $51.00 |
| About Uncirculated (AU-50) | $42.00 to $62.00 |
| Mint State (MS-60) | $53.00 to $77.50 |
| Choice Unc (MS-63) | $72.00 to $106 |
| Gem Unc (MS-65) | $192 to $282 |
Estimated retail range, updated 2026-06-15. Estimates are modeled from mintage rarity and metal content, not auction records. Actual sale prices vary with certification, eye appeal and market timing.
Today's value of the 1923-D Peace Dollar
At the entry level, well-worn examples bring about $29.00. The same coin in gem uncirculated condition is a $282 coin. Grade is everything: two examples of the 1923-D Peace Dollar can differ in price by an order of magnitude based purely on preservation.
1923-D Peace Dollar specifications
- Series
- Peace Dollar
- Year
- 1923
- Mint mark
- D
- Mintage
- 6,811,000
- Composition
- 90% silver, 10% copper
- Weight
- 26.73 g
- Diameter
- 38.1 mm
- Edge
- Reeded
- Designer
- Anthony de Francisci
- Silver content
- 0.77344 troy oz
Mintage figure: US Mint reports (approximate).
Where is the mint mark on a 1923 Peace Dollar?
On a 1923-D Peace Dollar, the "D" mint mark of the Denver Mint sits on the reverse, near the bottom left, just below the word ONE and above the eagle's tail feathers. A loupe helps: on worn examples the letter can fade into the surrounding devices.
Why the 1923-D Peace Dollar is worth money
At 6,811,000 struck, scarcity is not the story here. Condition is: well-preserved examples with original luster stand far above the worn majority.
Every 1923-D Peace Dollar contains 0.7734 troy ounces of pure silver, currently worth $28.23. That intrinsic value is a hard floor under the price: no matter how worn the coin, the silver inside cannot be graded away.
Context adds the final layer to the 1923-D Peace Dollar. Production ran through 1928, paused, and resumed briefly in 1934-1935 when the Treasury needed silver certificates backing. Owning this date means owning a piece of that story, and demand for the series as a whole sustains liquidity for every issue in it.
Summary: the 1923-D Peace Dollar is valued between $29.00 and $282 as of 2026-06-15. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.