1924 Peace Silver Dollar
Circulation strike struck at the Philadelphia Mint · 11,811,000 made
- Mintage
- 11,811,000
- Metal
- 90% silver, 10% copper
- Weight
- 26.73 g
- Diameter
- 38.1 mm
Original illustration. Tap to flip. Not a photograph of the actual coin.
Face value · Metal value · Small premium · Collector premium · Significant rarity. We use bands because prices change daily.
What is a 1924 Peace Silver Dollar worth?
In worn condition it trades for about its silver content, 0.7735 troy ounces. Uncirculated coins with full luster or attractive toning sell for more.
What would make yours worth more:
- Uncirculated condition with full original luster
- A die variety or minting error
For market prices, check recent sold results for certified coins in the same grade.
Quick answers
- Is the 1924 Peace Silver Dollar rare?
- No. 12 million were made, a typical run for the series. Condition and varieties decide its value, not the date.
- Is the 1924 Peace Silver Dollar silver?
- Yes. It's 90% silver, 10% copper and holds 0.7735 troy ounces of pure silver.
- Where is the mint mark on a 1924 Peace Silver Dollar?
- On the reverse, below the word ONE, near the tip of the eagle's wing. Philadelphia coins have no mint mark.
- Which Philadelphia dates near 1924 are scarcer?
- The 1928 at 360,649, the 1927 at 848,000, the 1921 at 1,006,473, plus 2 more. So the 1924 is one of the easier dates of its stretch.
- How many 1924 Peace Silver Dollar coins were made?
- 11,811,000.
What to check on your 1924
- There's no mint mark on this one, so the date and condition are what matter.
- Don't clean it. Cleaning leaves fine scratches and an unnatural shine that collectors avoid.
- Judge the grade under good light. Wear appears first on the hair above Liberty's ear and on the eagle's wing feathers.
Circulated examples are usually traded for their silver content. Pick out the best ones: original luster and attractive toning lift a coin above melt, while cleaned coins lose most of their collector value.
The story of the 1924
Philadelphia made 11,811,000 in 1924, down from 31 million in 1923. The next year it made 10 million (1925).
It was the big producer of the year, well ahead of 1924-S (1.7 million).
Philadelphia struck the Peace Silver Dollar in 10 issues between 1921 and 1935. By mintage this one lands in the more common half, while the key for that mint is the 1928 (360,649). Within the 1920s it's 14th smallest of 19, between the 1925 (10 million) and the 1922-D (15 million).
More on the 1924
Philadelphia's output dropped to 11,811,000 in 1924, little more than a third of its 1923 total. With Denver idle, the only other Peace dollar of the year is the 1924-S at 1,728,000, so the Philadelphia coin outnumbered it nearly seven to one. The next year Philadelphia struck a similar 10,198,000. The Mint's dollar output was clearly winding down from the peak years of 1922 and 1923.
Like the 1922, 1923 and 1925, the 1924 is a common date that collectors use as an affordable type coin in uncirculated condition. Philadelphia Peace dollars of the mid-1920s tend to be better struck than their San Francisco counterparts, so look for full detail in Liberty's hair and in the eagle's feathers. Without a mint mark below ONE, you have the common coin, not the 1924-S. A worn 1924 is a silver coin first: metal value with a small premium. Clean, lustrous uncirculated examples earn a collector premium; only the very best graded coins go further.
Pittman Act coinage winds down (1923 to 1928)
Peace dollars continued in large numbers to replace the coins melted under the Pittman Act, with Philadelphia striking 30.8 million in 1923. Output fell after that year. San Francisco's 1924-S and 1925-S, each under two million, are scarce in high grades. Denver made no dollars in 1924 or 1925.
The 1927 issues from all three mints are relatively scarce. The 1928 from Philadelphia, with only 360,649 struck, is the lowest mintage of the series and is often confused with the more common 1928-S. Pittman purchases were complete in 1928 and coinage stopped. San Francisco dollars of these years are often softly struck. Many survivors show heavy bag marks from storage in Treasury vaults. Bags of Peace dollars also emerged in the Treasury releases of the early 1960s.
How to recognize it
Anthony de Francisci's Liberty faces left wearing a crown of light rays, with LIBERTY above and the date below. The reverse shows an eagle at rest on a mountaintop, holding an olive branch, as the sun rises behind it, with the word PEACE on the rock. The mint mark is below the word ONE, near the tip of the eagle's wing.
Mintage chart
Specifications
| Series | Peace Silver Dollar (1921–present) |
|---|---|
| Year | 1924 |
| Mint | Philadelphia Mint |
| Mint mark | None |
| Strike type | Circulation strike |
| Mintage | 11,811,000 |
| Face value | $1 |
| Composition | 90% silver, 10% copper |
| Weight | 26.73 grams |
| Diameter | 38.1 mm |
| Edge | Reeded |
| Silver content | 0.7735 troy oz (24.057 g) |
| Designer | Anthony de Francisci |
Other 1924 Peace Silver Dollar issues
| Coin | Mintage | Type | Silver |
|---|---|---|---|
| 1924 Peace Silver Dollar | 11,811,000 | Circulation strike | 0.7735 oz |
| 1924-S Peace Silver Dollar | 1,728,000 | Circulation strike | 0.7735 oz |
Mintage: Peace dollar (Wikipedia, CC BY-SA 4.0), compiled from US Mint records and the Guide Book of United States Coins. How we build these pages.