1934-S Peace Dollar Value
A 1934-S Peace Dollar is worth roughly $216 to $29,995 depending on its condition; the melt floor under every example is $28.23 (spot prices as of 2026-06-01) Certified examples in top grades can run far higher.
1934-S Peace Dollar value by grade
| Grade | Estimated value |
|---|---|
| Melt value floor(metal content, 2026-06-01) | $28.23 |
| Good (G-4) | $216 to $318 |
| Very Good (VG-8) | $312 to $459 |
| Fine (F-12) | $456 to $670 |
| Very Fine (VF-20) | $720 to $1,059 |
| Extremely Fine (XF-40) | $1,200 to $1,764 |
| About Uncirculated (AU-50) | $2,040 to $2,999 |
| Mint State (MS-60) | $3,599 to $5,293 |
| Choice Unc (MS-63) | $6,719 to $9,881 |
| Gem Unc (MS-65) | $20,397 to $29,995 |
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.
How much is a 1934-S Peace Dollar worth today?
Start with $216 for a heavily circulated 1934-S Peace Dollar and work upward. Lightly circulated 1934 examples occupy the middle of the range, while true gems approach $29,995. If your coin has no wear on the high points, it deserves a closer look or a professional opinion.
1934-S Peace Dollar specifications
- Series
- Peace Dollar
- Year
- 1934
- Mint mark
- S
- Mintage
- 1,011,000
- 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).
Identifying the San Francisco mint mark
On a 1934-S Peace Dollar, the "S" mint mark of the San Francisco 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.
The value drivers behind this coin
Only 1,011,000 pieces left the San Francisco Mint, which makes this THE stopper for many Peace Dollar collectors. Key-date status means even heavily worn examples carry strong premiums.
The 90% silver composition gives a 1934-S Peace Dollar 0.7734 oz of precious metal ($28.23 at current spot). Bullion demand alone supports the bottom of its price range.
There is history in a 1934 Peace Dollar as well. The Peace dollar was born from a campaign to commemorate the end of the First World War with a circulating coin rather than a medal. That backdrop keeps the series among the most actively collected in American numismatics.
Summary: the 1934-S Peace Dollar is valued between $216 and $29,995 as of 2026-06-15. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.