Skip to content
SilverGoldPricewhat an ounce actually costs
Log inTrack a price

90% silver · 1921–1935

Peace dollar melt value

The Peace dollar shares the Morgan’s 24.06 grams of silver and ran from 1921 to 1935, struck to mark the end of the First World War.

Melt value, one coin

—

0.7735 ozt silver · 90% silver

0.7735 ozt silver26.73 g at 90%

Silver content
0.7735 ozt
Struck weight
26.73 g
Silver spot
—
Per $1 face
—

The silver price shown was recorded when this page was published. Figures calculated from it appear once the live price loads, so nothing here is worked out from a number the market may have left behind.

Do not sell this coin by weight without checking it. Like the Morgan, a Peace dollar is worth more as a coin than as metal in nearly every case. The 1921 high relief and the 1928 Philadelphia issue are worth many multiples of melt.

Value a lot

Metal content only — not a dealer offer
coins

Count only peace dollars from 1921–1935. Coins outside those years look similar and hold different silver, or none.

Melt value of the lot

15.469 ozt of silver

—

Face value of the lot

What the coins say they are worth

$20.00

Common lots

By face value, as the trade quotes it
LotPeace dollarsSilverMelt value
$1 faceFour quarters10.77 ozt—
$5 faceA half roll of quarters53.87 ozt—
$10 faceA common small lot107.73 ozt—
$50 faceA half bag5038.67 ozt—
$100 faceThe standard trading unit10077.35 ozt—

Before you sell

Like the Morgan, a Peace dollar is worth more as a coin than as metal in nearly every case. The 1921 high relief and the 1928 Philadelphia issue are worth many multiples of melt.

Melt is a ceiling on the metal, not an offer. A buyer pays a share of it, and the spread between two buyers on the same lot is routinely wider than the entire premium difference this site tracks between bullion dealers.

How this is calculated

26.73 g × 90% ÷ 31.1035 = 0.7735 troy ounces of silver, multiplied by the live silver spot price.

The silver weight is derived from how the coin was struck rather than copied from a reference table, and a test pins it to the published figure of 0.77344 ozt.

Other US silver coin series

Same calculation, different weight

All 15 silver coin series we value, including the face-value calculator for pricing a mixed lot.