CoinValueDB
Obverse of 1934-D Peace Silver Dollar

Obverse

Reverse of 1934-D Peace Silver Dollar

Reverse

1934-D Peace Silver Dollar - Denver Mint Final Year

$32 – $2,950

The 1934-D Peace Silver Dollar was minted at the Denver Mint with a mintage of 1,569,500. Values range from $32 in lower grades to $2,950 in top condition. The coin contains 90% silver with a melt value of $23.59.

1934 | Denver | Mintage: 1,569,500

Melt Value (90% silver)

$23.59

Based on $30.50/oz silver

as of Aug 1, 2026

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Market Activity

1 recent sale
SoldHigh BidFor SaleLast Asking PriceMoving Average
Avg: $4,944 High: $95,000 Low: $0.38 1 sale 22 total data points

CoinValueDB Price Guide by Grade

CoinValueDB Price Guide by Grade
GradeValue
Good (G-4)
$61
Very Good (VG-8)
$37
Fine (F-12)
$38
Very Fine (VF-20)
$41
Extremely Fine (EF-40)
$70
About Uncirculated (AU-50)
$51
Choice AU (AU-55)
$120
Mint State (MS-60)
$111
Choice (MS-63)
$242
Near Gem (MS-64)
$650
Gem (MS-65) Best Value
$1,135
Superb Gem (MS-66)
$6,500
Superb Gem+ (MS-67)
$48,975
Under $100 $100 - $1,000 Over $1,000

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Coin Specifications

Year
1934
Mint
Denver
Mintage
1,569,500
Composition
90% Silver, 10% Copper
Weight
26.73g
Diameter
38.1mm
Edge
Reeded
Designer
Anthony de Francisci
Series
Peace Dollar (1921-1935)
PCGS #
7376

Historical Notes

Denver mint production with moderate mintage of 1.57 million coins.

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.

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 1934-D Peace Silver Dollar worth? +
A 1934-D Peace Silver Dollar is worth between $32 and $2,950 depending on condition. Coins in higher grades (MS-65 and above) command significant premiums.
How many 1934 Peace Dollar coins were made? +
The Denver Mint produced 1,569,500 1934 Peace Dollar coins. Lower mintage numbers generally correlate with higher collector value.
Is the 1934-D Peace Silver Dollar a key date? +
The 1934-D Peace Silver Dollar is not considered a key date or semi-key date. However, condition is always important. A common-date coin in exceptional condition can still be quite valuable.
What is the melt value of a 1934-D Peace Silver Dollar? +
The 1934-D Peace Silver Dollar contains 90% silver and has a melt value of approximately $23.59 based on current spot prices ($30.50/oz silver). Most collectible coins are worth significantly more than their melt value due to numismatic demand.
How much is a 1934-D Peace Silver Dollar worth? +
In circulated condition, a 1934-D Peace Silver Dollar typically sells for $40 to $75. Mint State examples command higher prices, often reaching $200 or more depending on the specific grade assigned by a professional service.
Is the 1934-D Peace Silver Dollar rare? +
The 1934-D is not rare in the context of the entire series, but it is less common than many other dates. With a mintage of 1,569,500, it ranks as one of the lower-mintage business strikes of the 1930s.

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