Lot 006Coin values
1923-D Peace Dollar
DENVER (D) · 90% SILVER, 10% COPPER · 6,811,000 STRUCK
Worth about $50–$60 circulated and $1,250–$1,750 in MS-65.
The 1923-D Peace Dollar is a common date from the Denver Mint, with 6,811,000 pieces struck. In circulated grades (G-4 to EF-40) our estimate is $50–$60, and a well-preserved MS-65 example is estimated at $1,250–$1,750. Circulated coins of this date trade at or just above the value of their metal, so the live melt value on this page is the best guide to a worn coin.
Type coin shown: 1921 Peace dollar. We do not yet hold a licensed photograph of the 1923-D Peace Dollar itself, so this is the nearest dated coin of the same design. The design is the same; the date, mint mark and condition of your coin will differ. Photograph: 1921 Peace dollar, National Numismatic Collection. Public domain, credit US Mint (coin), National Numismatic Collection (photograph by Jaclyn Nash), via Wikimedia Commons.
- Mint
- Denver (D)
- Composition
- 90% silver, 10% copper
- Mintage
- 6,811,000
- Weight and size
- 26.73 g · 38.1 mm
- Designer
- Anthony de Francisci
Among the more plentiful: 65% of issues in the series have a smaller mintage. 6,811,000 struck. Mintage is the number struck, not the number that survive.
Mint mark position
D and S sit on the reverse near the lower left, below the word ONE.
Strike quality
Weak strikes on the center of Liberty's hair and the eagle's breast are common. Sharp strikes bring premiums in Mint State.
Cleaning and cabinet friction
The fields are prone to bag marks and the high points to rub. Look for original luster.
About the 1923-D Peace
How much is a 1923-D Peace Dollar worth?
Lustre's editorial estimate (Oct 2026) is $50–$60 for circulated examples (G-4 to EF-40) and $1,250–$1,750 in MS-65. These are estimates, not an appraisal or market data. A coin in the grade you hold may sell for less at a dealer, who needs a margin.
Is a 1923-D Peace Dollar silver?
Yes. It is 90% silver, 10% copper and weighs 26.73 g, which is 0.7735 troy ounces of pure silver. Its melt value is that weight multiplied by the current silver spot price, shown live on this page.
How many 1923-D Peace Dollars were minted?
6,811,000 were struck at the Denver Mint.
Where is the mint mark on a Peace Dollar?
On the reverse, at the lower left near the word ONE. Philadelphia coins have no mint mark.
Is my 1923-D Peace Dollar rare?
No. It is a common date. Its value depends mostly on grade, originality and, for silver coins, the melt value.
More Peace Dollar values
Where these numbers come from
Peace dollar, Wikipedia: mintage, composition, weight, diameter, edge, designer.
Peace dollar mintage, Landofcoins.com: mintage by year and mint.
Lustre editorial grade-value estimates, Lustre: grade value ranges (estimates, not market data).
gold-api.com spot prices (reference level for estimates), gold-api.com: reference spot prices behind the estimates.
How the estimates are made. Facts reviewed Oct 2026.