1921 Peace Dollar

The 1921 Peace Dollar has a value of between $125 and $6,500
Type: Peace Dollar
Value: $125 to $6,500
Silver Value: $60.78 Mintages: 1 Million
Metal Content: 90% silver, 10% copper
Raw Weight: 26.73 g
Silver Weight: .7735 oz
Face Value: $1.00
Diameter: 1.5 in
Edge: Reeded
Years Minted: 1921–1928 and 1934,1935

The 1921 Peace Dollar was the first of these fine silver dollars to be issued. The coin was designed by Anthony de Francisci as an alternative to the Morgan Dollar, and in honor of the peace accords following World War I. Because of the Pittman Act in 1918, millions of silver dollars were to be minted and, in 1921, production of the Morgan Dollar, and then the Peace Dollar began. From 1921 until 1928 when the fulfillment of the Pittman Act took place, millions of Peace Dollars were struck.

Read more about Peace Dollars

U.S. Coin Melt Values

The following page displays silver coin melt values for United States minted coins commonly in circulation. While the collectability, also known as the numismatic value, might be hard to memorize the silver content of the coins in terms of percentages % is fairly easy to remember. Here it is quickly and then we will break it down below. Most Dollars, Half Dollars, Quarters, and Dimes (but not nickels) minted before 1965 are 90% with a few variances to the rule. If you have a small scale you will want to set it to measure in Oz / Troy Oz if possible. 1 troy oz = 31.1034768 grams or $78.94 at the current spot price.
1 Silver Dollar is worth $78.94 (90% Silver)

Peace Dollar

1 Pre 1965 Silver Half Dollar is worth $28.55 (90% Silver), while a half dollar minted between 1965 and 1970 (40% silver) is worth less at $11.68

1964 Kennedy Half Dollar

1 Silver Quarter is worth $14.27 (90% Silver)

Washington Quarter

1 Silver Dime is worth $5.71 (90% Silver)

Roosevelt Dime

1 Silver War Nickel (1942 to 1945) is worth $4.44 (35% Silver)

Silver War Nickel

There are as you might have noticed a few caveats that we need to mention and here they are.

Silver nickels are only issued between 1942 and 1945
Half Dollars are only 90% until 1964 after that 1965 to 1970 they are sadly only 40% silver.

That pretty much sums it up. If you want to know more about any of those items above simply click the desired link and go to the page.

Morgan Silver Dollar (img)

Where Did The Morgan Silver Dollars Come From?

Back in the 1870s, the Comstock Silver Lode produced a huge oversupply of silver while the unemployment rate in the US was significant. The US Mint struck a deal with Nevada silver producers to generate a large amount of Morgan silver dollars. This provided an outlet for the oversupply of Comstock silver while providing employment to workers all over the country. Morgan silver dollarswere produced in 5 different mints and while the immediate goal of providing employment was met, so many Morgan silver dollars were produced that millions of them had to be placed in storage to prevent negative effects on the overall US economy.

The Move Of The Century

With so many millions of Morgan silver dollars in storage, the US government decided something had to be done. In 1917-1918, the Pittman Act was passed which made provision for some 300 million Morgan silver dollars to be melted down and the silver reused for other coins and purposes. The coins that were melted were from multiple years and from multiple mints which means that some years and mintages were virtually wiped out. This created a collectable coin market which made the Morgan silver dollar a very popular coin to collect as well as to invest in.

A Reprieve?

Since so many Morgan silver dollars were produced, even after the melt-off in 1918, the US Mint still had several large stockpiles in hidden away in storage. Finds were being made as late as the early 1960s at which time a large cache of Morgan silver dollars were discovered. This brought to light thousands of uncirculated coins, some of which were considered to be rare years and even rarer mintages. In the 1970s, the US Mint held a sale of uncirculated Carson City Morgan silver dollars, introducing a new generation to high value coins at an easily affordable price.

The Morgan Silver Dollar Today

Today, while it does depend on the condition and the rarity of the coin, Morgan silver dollars have become arguably the most popular coin for both collecting and investing. Coin prices rarely drop and with so many Morgan dollars available, the buy in for even the novice coin collector or a beginning investor is easily affordable. If you’re looking for a great way to start a coin collection, a great way to expand your coin collection or you want to find a great investment coin to enhance your portfolio and protect your investment dollars, going with Morgan silver dollars is definitely a great way to go.