TL;DR
- A 1923 silver dollar is a Peace dollar, 90% silver, with 0.7734 troy ounces of silver. Its melt value is live below.
- About 56.6 million were made across three mints, so worn coins sell for a little over melt.
- 1923-D and 1923-S coins are scarcer in top condition and can sell for much more when uncirculated.
- LemonTrades follows the silver price for you, with alerts on sharp moves and the likely cause.
Here’s what the silver in a 1923 Peace dollar is worth right now.
Mint marks and mintages
| Mint | Mark | Made |
|---|---|---|
| Philadelphia | None | 30,800,000 |
| Denver | D | 6,811,000 |
| San Francisco | S | 19,020,000 |
Look on the back, lower left, near the tip of the eagle’s wing.
When it’s worth more
- Uncirculated coins, with no wear on Liberty’s cheek and hair.
- 1923-D and 1923-S in high grades.
- Errors and die varieties.
Condition matters most: a worn coin and a sharp, uncirculated one of the same date can differ by ten times or more. Look for wear on the highest points of the design, and never clean a coin you might sell; cleaning cuts its value.
Selling
To sell, compare offers from two or three coin dealers, or have a valuable coin graded by PCGS or NGC first. Bulk common coins sell close to melt value: see junk silver. Is it real? See is silver magnetic.
Compare the 1921 and 1922 Peace dollars, and the older 1879 Morgan.
Sources
Education, not financial advice. Collector values vary with condition and demand; get a valuable coin checked by a reputable dealer or grading service. See our disclaimer.


