CoinValue

1928 Peace Silver Dollar - Key Date

1928 | Philadelphia | Mintage: 360,649 | 90% Silver, 10% Copper
$170 – $13,675 Key Date
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Obverse of Peace Silver Dollar showing Liberty Head with radiate crown facing left

Obverse

Reverse of Peace Silver Dollar

Reverse

The 1928 Peace Silver Dollar was minted at the Philadelphia Mint with a mintage of 360,649. Values range from $170 in lower grades to $13,675 in top condition. This is a key date, making it especially sought-after by collectors.

CoinValueDB Value Estimate

$0.38 – $28,000

Based on 2 recent sales

Price History

SoldHigh BidFor SaleLast Asking PriceMoving Average
Avg: $2,450 High: $28,000 Low: $0.38 2 sales 22 total data points

Recent eBay Sales

CoinValueDB Price Guide by Grade

CoinValueDB Price Guide by Grade
GradeValue
Good (G-4)$190
Very Good (VG-8)$175
Fine (F-12)$180
Very Fine (VF-20)$195
Extremely Fine (EF-40)$250
About Uncirculated (AU-50)$240
Choice AU (AU-55)$435
Mint State (MS-60)$410
Choice Mint State (MS-63)$628
Near Gem (MS-64)$1,300
Gem Mint State (MS-65)$2,750
Superb Gem (MS-66)$28,000
Superb Gem+ (MS-67)$13,675

About the Peace Silver Dollar

The Peace Silver Dollar replaced the Morgan Dollar in 1921 to commemorate the end of World War I. The Commission of Fine Arts held a design competition, and Italian-American sculptor Anthony de Francisci won the commission. He based the face of Lady Liberty on his wife, Teresa de Francisci. The coin shows Liberty wearing a radiate crown on the obverse and a perched eagle on the reverse with the word PEACE below it. The mint produced the coin from 1921 to 1935. The 1921 issue used a high-relief design that caused production issues, so the Mint flattened the relief for all coins dated 1922 through 1935. The series ended in 1935 because the Pittman Act requirements for silver purchases concluded and demand for silver dollars dropped.

Coin Details

Designer
Anthony de Francisci
Composition
90% Silver, 10% Copper
Weight
26.73g
Diameter
38.1mm
Edge
reeded
Series
Peace Dollar (1921-1935)

Historical Notes

Key date with very low mintage of only 360,649 coins. Most scarce Philadelphia Peace dollar.

Collecting Peace Silver Dollar Coins

Start your collection with the 1922, 1923, and 1924 dates, as these are the most common and affordable. Focus on finding coins in Mint State condition since millions exist. Avoid coins with heavy bag marks on Liberty's cheek, as these detract from the value. Watch for counterfeits of the 1921 high-relief issue and the 1928 Philadelphia strike; these coins have a different weight or surface texture compared to genuine silver strikes.

This series includes key dates — check individual coin pages for rarity details.

Frequently Asked Questions

What is a 1928 Peace Silver Dollar worth? +
A 1928 Peace Silver Dollar is worth between $170 and $13,675 depending on condition. Coins in higher grades (MS-65 and above) command significant premiums.
How many 1928 Peace Dollar coins were made? +
The Philadelphia Mint produced 360,649 1928 Peace Dollar coins. Lower mintage numbers generally correlate with higher collector value.
Is the 1928 Peace Silver Dollar a key date? +
Yes, the 1928 Peace Silver Dollar is considered a key date in the Peace Dollar series. Key dates are coins with low mintage, high collector demand, or both, making them among the most valuable in the series.
How much is a 1928 Peace Silver Dollar worth? +
A 1928 Peace Silver Dollar typically sells for several hundred dollars in circulated condition. High-grade specimens can reach thousands of dollars depending on the specific level of surface preservation.
Is the 1928 Peace Silver Dollar rare? +
Yes, it is the rarest business strike in the Peace Dollar series. With only 360,649 coins produced, it is much harder to find than almost any other year in the set.

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