1923 Peace Silver Dollar, Philadelphia Mint
Coin/Bullion · United States Mint (Philadelphia); reverse was designed by Anthony de Francisci.
Pattern: Peace Dollar Series (1921-1935)
Type
Coin/Bullion
Maker
United States Mint (Philadelphia); reverse was designed by Anthony de Francisci.
Material
90% Silver, 10% Copper; contains approximately 0.77344 troy ounces of pure silver.
Dimensions
Diameter: 38.1 mm; Weight: 26.73 grams.
Description
An iconic example of American coinage, the Peace Dollar replaced the Morgan Dollar and signifies the country's desire for peace after the Great War. It features a modern, Art Deco-inspired profile of Liberty.
Key Features
High relief profile (though flattened for 1922-1935 issues), radiate crown, and 'v-shaped' U in TRVST (Latin style).
Material & Composition
90% Silver, 10% Copper; contains approximately 0.77344 troy ounces of pure silver.
Finish & Decoration
Lustrous struck finish; obverse features Lady Liberty with a radiate crown; reverse (unseen but implied) features a bald eagle clutching an olive branch.
Hallmarks & Stamps
Date '1923' on obverse; 'LIBERTY' and 'IN GOD WE TRUST' inscriptions; no mint mark (indicates Philadelphia).
Construction Details
Die-struck at a government mint using industrial coin presses.
Functional Features
Reeded edge for anti-counterfeiting; legal tender value of One Dollar ($1.00) in 1923.
Handle & Grip Details
Not applicable; currently housed in a 2x2 cardboard and mylar coin flip.
Craftsmanship Details
Die-struck precision typical of early 20th-century U.S. Mint production; shows typical 'orange peel' lustre in protected areas.
Authentication Indicators
Correct strike depth, authentic font for '1923', characteristic luster, and natural aging/toning consistent with 90% silver.
Origin & Manufacturing
United States of America; Philadelphia Mint.
Era & Period
Roaring Twenties / Interwar Period; designed to commemorate the end of World War I.
Age Estimate
Dated 1923; exactly 101 years old.
Cultural Significance
A symbol of American isolationism and postwar optimism; it was the last silver dollar struck for circulation in the U.S.
Condition Notes
About Uncirculated (AU) to Low Mint State (MS). Shows light surface tarnish/toning and minor bag marks. Overall Good/Very Good for a collector.
Value Estimate
$30 - $45 USD based on silver spot prices and commonality of the 1923 date.
Care & Maintenance
Do not clean or polish as it destroys numismatic value. Store in PVC-free holders (mylar) to prevent 'green slime' or corrosion.
Similar Pieces
1921 High Relief Peace Dollar (much rarer/valuable); Morgan Silver Dollar (preceding design).
Interesting Facts
The model for Lady Liberty was the designer's wife, Teresa de Francisci. This is the most common year in the series with over 30 million struck.