1934 Peace Dollar Value

The 1934 Peace Dollar carries a current retail range of about $53.00 to $2,470 across circulated and Mint State grades, and its metal content alone is worth $28.23 as of 2026-06-01 Exceptional, certified pieces regularly exceed the top of that range.

1934DOLLARDOLLAR
Illustrative rendering. Photographs of this date are being added.

1934 Peace Dollar value by grade

1934 Peace Dollar value by grade
GradeEstimated value
Melt value floor(metal content, 2026-06-01)$28.23
Good (G-4)$53.00 to $77.50
Very Good (VG-8)$67.00 to $99.00
Fine (F-12)$86.50 to $127
Very Fine (VF-20)$120 to $176
Extremely Fine (XF-40)$180 to $265
About Uncirculated (AU-50)$264 to $388
Mint State (MS-60)$408 to $600
Choice Unc (MS-63)$720 to $1,059
Gem Unc (MS-65)$1,680 to $2,470

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 Peace Dollar worth today?

At the entry level, well-worn examples bring about $53.00. The same coin in gem uncirculated condition is a $2,470 coin. Grade is everything: two examples of the 1934 Peace Dollar can differ in price by an order of magnitude based purely on preservation.

1934 Peace Dollar specifications

Series
Peace Dollar
Year
1934
Mint mark
None (Philadelphia)
Mintage
954,057
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).

Why there is no letter on this coin

The 1934 Peace Dollar comes from Philadelphia, which struck coins without a mint mark. If the spot where branch-mint coins show a letter is empty on your 1934, that is exactly as it should be.

Why the 1934 Peace Dollar is worth money

A 954,057 mintage lands this issue in semi-key territory. Expect a meaningful premium over common dates of the Peace Dollar series at every grade level.

Every 1934 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.

There is history in a 1934 Peace Dollar as well. The relief was lowered for 1922, making the 1921 a one-year type prized by collectors. That backdrop keeps the series among the most actively collected in American numismatics.

1934 Peace Dollar inscriptions & design

Obverse

LIBERTY / IN GOD WE TRVST / 1934

Liberty, head l. rays

Reverse

UNITED.STATES.OF.AMERICA/E.PLURIBUS.UNUM/ONE DOLLAR/PEACE

eagle standing. r. on rock, wings closed, rays and laurel spring

Measured 1934 Peace Dollar specimens

3 physically measured 1934 Peace Dollar examples in our reference database. Real measured weights and die axes let you authenticate a coin against the 26.73 g, 38.1 mm minting standard.

Measured 1934 Peace Dollar specimens
SpecimenWeightDiameterDie axisReferences
1934 Peace Dollar #1--6 h-
1934 Peace Dollar #2--6 h-
1934 Peace Dollar #3--6 h-

Specifications compiled from documented museum specimens. See our data & methodology page.

Summary: the 1934 Peace Dollar is valued between $53.00 and $2,470 as of 2026-06-15. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.