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1923-S $1 Peace Dollar

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$42.00

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This 1923-S $1 Peace Dollar is a beautiful addition to any coin collection. Made of 90% silver and 10% copper, it features the iconic Peace design on the obverse and an eagle on the reverse. The coin was struck at the San Francisco Mint and is in Extra Fine condition. It bears the denomination of $1 and has a strike type of Business. This coin is a must-have for any collector of United States coins and paper money.This coin was purchased and graded by Golden Eagle Coins.

About this product

Product Information

Ron Guth
The typical 1923-S Peace Dollar is characterizerd by a poor strike, lackluster appearance, and excessive bagmarks. This is pretty typical of any S-Mint Peace Dollar, but especially so on the 1923-S. The PCGS Population Report reflects the poor quality of the 1923-S Peace Dollar, with the majority of those certified falling into the MS-63 grade level. A fair amount of MS-64 1923-S peace Dollars have been certified, but Gems are rare. Even in MS-65, this date approaches valkuations of five figures. As of this writing (11/8/2010), PCGS has certified only two 1923-S Peace Dollars in MS-66 and only a single example in MS-67. The value of these Gems is highly speculative, as none of them has appeared at auction since PCGS began keeping track of such things in 1994; one can only imagine the records that any one of these coins would set.
According to a notice in the June 1934 issue of The Numismatist (p. 416), collectors could still purchase Uncirculated 1923-S Peace Dollars for "the face value of the coins and an amount sufficient to cover the mail charrges by first-class mail."
Q. David Bowers
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).

Coinage Context

Large mintage: The mintage of 19,020,000 constitutes a record for any San Francisco Mint Peace dollar. Many were placed into circulation at or near the time of striking, but millions remained in storage and were paid out in the 1940s and 1950s.

Numismatic Information

Hoard coins: The 1923-S dollar was available inexpensively throughout the 1930s. In the spring and summer of 1942, many 1,000-coin bags were paid out by the San Francisco Mint, and the price dropped to the point at which George B. Rogers, in The Numismatist, September 1942, was offering Uncirculated coins for $1.25 each. The numismatic demand was not great, and Rogers and his contemporaries probably sold no more than a few bags, mostly a coin or two at a time, although there was also a limited call for rolls of 20 pieces.

In 1949 and 1950, many more bags of 1923-S dollars came on the market and were readily available through banks in the San Francisco and Oakland area. The market for them was very limited however, as coins of all kinds were experiencing a price slump. By 1953-54 there were still quantities of bags available for anyone desiring them. Many went to casinos in Las Vegas and Reno, and a few to silver dollar hoarders. Many more bags came out in 1955-56, and it is said that more came to light during the Treasury release of 1962-64. This may be where LaVere Redfield obtained his. The Redfield estate, auctioned in January 1976, is said to have had quite a few bags; these graded MS-60 to 63 and were weakly struck, noted John Highfill in his Comprehensive U.S. Silver Dollar Encyclopedia.

John Kamin, publisher of The Forecaster newsletter, recalled the following;

“One day in 1967, a good client of the Forecaster called me up, said he had a couple of bags of 1923 Peace dollars he wished to have me sell for him for a small commission, and that he would drop them off at lunchtime. When he did, I started to look them over, and was soon astonished to find that they all had the S mintmark. But on the Teletype, I was unable to get much more than the price of the more common 1923 Philadelphia coins, and I finally sold the bags for around $1,300 each to Joe Flynn, Sr. of Kansas City. 1923-S bags were very common during the 1960s on the West Coast, and apparently the client had obtained these from a bank at face value

Product Identifiers

Designer
Anthony DE Francisci
eBay Product ID (ePID)
170425827

Product Key Features

Strike Type
Business
Mint Location
San Francisco, San Francisco, California
Composition
90% Silver, 10% Copper
Year
1923

Dimensions

Weight
26.73g

Additional Product Features

Mintage
192
EDGE
Reeded
Mint
San Francisco
Denomination
$1
PCGS Number
7362
Diameter
38.1mm
Mint Mark
S

All listings for this product

item 1 1923-S $1 Peace Dollar In Airtight Capsule.
$32.99
+$1.89 shipping
item 2 1923-S $1 Peace Dollar Rare Coin San Francisco Mint
$34.99
Free shipping
item 3 1923-S $1 Peace Dollar (inv113)
$35.00
Free shipping
item 4 1923-S $1 Peace Dollar (inv114)
$35.00
Free shipping
item 5 1923-S $1 Peace Dollar
$30.00
+$5.00 shipping
item 6 1923-S $1 Peace Dollar
$35.00
Free shipping
item 7 1923-S $1 Peace Dollar
$36.99
Free shipping

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4.8

4.8 out of 5 stars based on 142 product ratings

142 product ratings

115 users rated this 5 out of 5 stars
24 users rated this 4 out of 5 stars
1 users rated this 3 out of 5 stars
0 users rated this 2 out of 5 stars
2 users rated this 1 out of 5 stars

Would recommend

Good value

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5 out of 5 stars
by w0LyK4onQJy@Del...Jan 14, 2017
I am on board,
I was tough to convince to get into peace $. These great examples have been encouraging to me, I am struggling to buy a lot of replacement coins in 2016. My best friend was stealing rolls and boxes while I was 24/7 with my wife's terminal illnesses. He would stuff things in the rolls for the weight. Put piles or regular coins mixed in the boxes. My lovely wire of 50 year passed in July. I found out the thefts August. Our entire savings of gold, silver, currency that we struggled for for 50 years is gone,
Verified purchase: Yes
5 out of 5 stars
by semper_fi-58-62Dec 19, 2017
Simply Beautiful
One of the most beautiful coins ever made. So happy to have this Peace Dollar in my collection, a very great value for the price, I am a very happy customer, and thank eBay for all the wonderful bargains, and selections on everything.
Verified purchase: Yes
4 out of 5 stars
by bluefabric2Jun 23, 2017
A VERY GOOD VALUE IN TODAY.S MARKET
The item has an excellent future potential with little downside risk.
Verified purchase: Yes
5 out of 5 stars
by hazwoperMay 24, 2016
Used as a Gift
I purchased this coin as a gift for my daughter. Although not as valuable as a Morgan silver dollar, by the time she reaches my age, it will have increased in value. So, it can be used by her as an investment in the future. Stocks and bond fluctuate over time but silver coins maintain their valve over the long haul.
Verified purchase: Yes
5 out of 5 stars
by bills_sortailJan 23, 2017
great item
collect certain years of my mom and dads birth year..i enjoy iy..thankyou for great item
Verified purchase: Yes

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Picture 1 of 2

1923-S $1 Peace Dollar

About this product

Product Information

Ron Guth

Q. David Bowers

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

All listings for this product

item 1 1923-S $1 Peace Dollar In Airtight Capsule.

item 2 1923-S $1 Peace Dollar Rare Coin San Francisco Mint

item 3 1923-S $1 Peace Dollar (inv113)

item 4 1923-S $1 Peace Dollar (inv114)

item 5 1923-S $1 Peace Dollar

item 6 1923-S $1 Peace Dollar

item 7 1923-S $1 Peace Dollar

Ratings and Reviews

Most relevant reviews

I am on board,

Simply Beautiful

A VERY GOOD VALUE IN TODAY.S MARKET

Used as a Gift

great item

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