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1923-D $1 Peace Dollar
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- Buy It Now1923-D $1 Peace Dollar
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Located in: New Britain, Connecticut, United States
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Estimated between Tue, Oct 14 and Sat, Oct 18 to 94104
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eBay item number:127053547828
Item specifics
- Denomination
- $1
- Coin
- Peace
- Circulated/Uncirculated
- Circulated
- Certification
- Uncertified
- Composition
- 90% Silver, 10% Copper
- Year
- 1923
- Strike Type
- Business
- Mint Location
- Denver, Colorado, Denver
About this product
Product Information
<h2>Ron Guth</h2><p>The 1923-D Peace Dollar has the second highest mintage of all the Peace Dollars made at the Denver mint. Like the 1922-D, the 1923-D sometimes comes weakly struck in the centers, but it is possible to find fully struck examples with a little bit of luck and effort. Most of the examples certified by PCGS are fairly equally distributed between the MS63 and MS64 grades, mostly because of strike and mark issues. MS65 examples are fairly scarce, though not rare. In MS66, the population drops off dramatically. PCGS has not graded any 1923-D Peace Dollars in MS67. Luster ranges from frosty white to chrome-like. Many 1923-D Peace Dollars show spidery die cracks on both sides.</p><h2>Q. David Bowers</h2>The following narrative, with minor editing, is from my "Silver Dollars & Trade Dollars of the United States: A Complete Encyclopedia" (Wolfeboro, NH: Bowers and Merena Galleries, Inc., 1993).<br/><br/>Coinage Context <br/><br/>When minted, the 1923-D dollars were not needed in the channels of commerce. Most were sent to storage vaults. <br/><br/>Numismatic Information <br/><br/>The first Peace dollar rarity: In an article in The Numismatist, July 1925, collector E.S. Thresher stated' that in June 1919 he embarked on a search to find each and every date of coin variety believed to be available in circulation. In the Peace dollar series, still a relatively new series when he wrote his letter in 1925, he had located every issue from 1921 through 1925 except for 1923-D, 1925-D, and 1925-S, the first being non-existent and the second not having been released yet. From this it is apparent that the 1923-D was rare in its own time, and may not have been released in 1923 or 1924, through early 1925 (for the article to have appeared in the July 1925 issue, it was probably received in April or May). <br/><br/>In due time, the 1923-D became the first coin to be considered a rarity in the Peace dollar series. Today, this makes curious reading, as 1923-D is not even remotely in the same context now. By 1938, the elusive nature of the 1923-D in Uncirculated grade was recognized, and in that year specimens sold for $12.50 to $20. As a point of contrast, a comparable 1934-S cost less than $1.50. However, fame was fleeting for the 1923-D, and in late autumn 1938 the Treasury turned a number of bags loose. Within a month or two the price plummeted to the $2 range or even less. <br/><br/>Hoard coins: Many bags were paid out by the Treasury Department from the late 1930s through at least the 1950s, after which time the government stock of mint-sealed bags of this issue was largely depleted.<br/><br/>Circulated grades: The 1923-D is among the commonest mintmarked Peace dollars in VF-20 to AU-58 grades. In EF and AU condition it is very plentiful, probably the result of bags having been released into circulation in the 1940s. <br/><br/>Mint State grades: The 1923-D is plentiful in Mint State. Most are in lower ranges such as MS-60 through 62, at which level probably several tens of thousands exist. In MS-63 grade, I believe that 5,000 to 10,000 exist, and in MS-64, 2,500 to 5,000. In comparison to the number of collectors desiring Peace dollars for their collections, these numbers are small. At the MS-65 level, probably fewer than 1,000 survive. <br/><br/>Most Mint State 1923-D dollars seen on the market today are well struck and lustrous on the obverse. The reverse is often lightly struck at the center, due to the dies being spaced too far apart. Some are weakly struck on the rims and at the date. The situation of careless minting was endemic at the Denver Mint in the mid-1920s, and Buffalo nickels and Lincoln cents of the era were often poorly struck as well. <br/><br/>As most Mint State dollars were shuffled hither and yon in storage vaults for years before being released, the typical 1923-D dollar is apt to show bagmarks, sometimes severe
Product Identifiers
Designer
Anthony DE Francisci
eBay Product ID (ePID)
170449810
Product Key Features
Strike Type
Business
Mint Location
Denver, Colorado, Denver
Composition
90% Silver, 10% Copper
Year
1923
Dimensions
Weight
26.73g
Additional Product Features
Mintage
6811
Mint
Denver
Denomination
$1
PCGS Number
7361
Diameter
38.1mm
Mint Mark
D
Edge
Reeded
Item description from the seller
Seller feedback (252)
- e***2 (2032)- Feedback left by buyer.Past 6 monthsVerified purchaseMy purchase was packed very well, it was shipped quickly and arrived earlier than expected. Not  just described but a beautiful piece. This is a gift for my daughter for Christmas will be so excited to receive this amazing piece. Great communication would recommend the seller to anyone.Victorian Stag Deer Elk Head Corner Shelf 3D Carved Wood 13” (#127028197887)
- 0***4 (52)- Feedback left by buyer.Past 6 monthsVerified purchaseVery happy with my shopping experience. The purchase was shipped unbelievably fast and was very well packed. The box was crushed on one side during shipping but, thanks to the amazing packing, nothing was damaged. Thank you so very much! Great experience!
- e***_ (12)- Feedback left by buyer.Past yearVerified purchasePromptly shipped, well packaged, quickly delivered by UPS. Intact exactly as shown and described. Very happy and I look forward to adding this Lemax marching band parade piece to my rapidly expanding Christmas Village. Will order from this vendor again if they offer something I want.Le max Coventry Cove Collection Christmas Parade Marching Band Soldiers Set Of 8 (#127001337304)
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Seller feedback (252)
- e***2 (2032)- Feedback left by buyer.Past 6 monthsVerified purchaseMy purchase was packed very well, it was shipped quickly and arrived earlier than expected. Not  just described but a beautiful piece. This is a gift for my daughter for Christmas will be so excited to receive this amazing piece. Great communication would recommend the seller to anyone.Victorian Stag Deer Elk Head Corner Shelf 3D Carved Wood 13” (#127028197887)
- 0***4 (52)- Feedback left by buyer.Past 6 monthsVerified purchaseVery happy with my shopping experience. The purchase was shipped unbelievably fast and was very well packed. The box was crushed on one side during shipping but, thanks to the amazing packing, nothing was damaged. Thank you so very much! Great experience!
- e***_ (12)- Feedback left by buyer.Past yearVerified purchasePromptly shipped, well packaged, quickly delivered by UPS. Intact exactly as shown and described. Very happy and I look forward to adding this Lemax marching band parade piece to my rapidly expanding Christmas Village. Will order from this vendor again if they offer something I want.Le max Coventry Cove Collection Christmas Parade Marching Band Soldiers Set Of 8 (#127001337304)