CoinValueDB
Key Date
Obverse of 1934-S Peace Silver Dollar

Obverse

Reverse of 1934-S Peace Silver Dollar

Reverse

1934-S Peace Silver Dollar - Key Date

$135 – $12,050

The 1934-S Peace Silver Dollar was minted at the San Francisco Mint with a mintage of 1,011,120. Values range from $135 in lower grades to $12,050 in top condition. This is a key date, making it especially sought-after by collectors. The coin contains 90% silver with a melt value of $23.59.

1934 | San Francisco | Mintage: 1,011,120

Melt Value (90% silver)

$23.59

Based on $30.50/oz silver

as of Aug 1, 2026

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Market Activity

3 recent sales
SoldHigh BidFor SaleLast Asking PriceMoving Average
Avg: $3,936 High: $42,500 Low: $0.38 3 sales 23 total data points

CoinValueDB Price Guide by Grade

CoinValueDB Price Guide by Grade
GradeValue
Good (G-4)
$113
Very Good (VG-8)
$140
Fine (F-12)
$145
Very Fine (VF-20)
$150
Extremely Fine (EF-40)
$185
About Uncirculated (AU-50)
$225
Choice AU (AU-55)
$900
Mint State (MS-60)
$1,508
Select (MS-62)
$230
Choice (MS-63)
$3,895
Near Gem (MS-64)
$9,750
Gem (MS-65) Best Value
$6,155
Superb Gem (MS-66)
$42,500
Superb Gem+ (MS-67)
$12,050
Under $100 $100 - $1,000 Over $1,000

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Coin Specifications

Year
1934
Mint
San Francisco
Mintage
1,011,120
Composition
90% Silver, 10% Copper
Weight
26.73g
Diameter
38.1mm
Edge
Reeded
Designer
Anthony de Francisci
Series
Peace Dollar (1921-1935)
PCGS #
7377

Historical Notes

San Francisco key date with low mintage of 1.01 million coins. Highly sought by collectors.

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-S Peace Silver Dollar worth? +
A 1934-S Peace Silver Dollar is worth between $135 and $12,050 depending on condition. Coins in higher grades (MS-65 and above) command significant premiums.
How many 1934 Peace Dollar coins were made? +
The San Francisco Mint produced 1,011,120 1934 Peace Dollar coins. Lower mintage numbers generally correlate with higher collector value.
Is the 1934-S Peace Silver Dollar a key date? +
Yes, the 1934-S 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.
What is the melt value of a 1934-S Peace Silver Dollar? +
The 1934-S 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.
Is the 1934-S Peace Silver Dollar rare? +
Yes, the 1934-S is a key date in the Peace Dollar series. With only 1,011,120 minted, it is significantly scarcer than most other issues from the 1920s and 1930s.
How much is a 1934-S Peace Silver Dollar worth? +
A 1934-S Peace Silver Dollar in average circulated condition typically sells for several hundred dollars. High-grade, uncirculated specimens command prices in the thousands due to their rarity.

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