Lot 001Coin values
1921 Peace Dollar
PHILADELPHIA · 90% SILVER, 10% COPPER · 1,006,473 STRUCK
Worth about $80–$210 circulated and $3,700–$5,250 in MS-65.
The 1921 Peace Dollar is a key date from the Philadelphia Mint, with 1,006,473 pieces struck. In circulated grades (G-4 to EF-40) our estimate is $80–$210, and a well-preserved MS-65 example is estimated at $3,700–$5,250. Because this is a key date, condition and authenticity matter far more than metal content: have any high-value coin graded by a recognised service.
The first year of the Peace dollar. Struck in high relief; the design was replaced in 1922 with a lower relief that struck more reliably.


Photograph: 1921 Peace dollar, National Numismatic Collection. Public domain, credit US Mint (coin), National Numismatic Collection (photograph by Jaclyn Nash), via Wikimedia Commons. Wear, luster and color on your coin will differ.
- Mint
- Philadelphia
- Composition
- 90% silver, 10% copper
- Mintage
- 1,006,473
- Weight and size
- 26.73 g · 38.1 mm
- Designer
- Anthony de Francisci
Scarcer than 83% of the 24 issues in the Peace series with a recorded mintage. 1,006,473 struck. Mintage is the number struck, not the number that survive.
High relief
The 1921 coin has a prominent high relief, with raised rays and a pronounced head. This is the only year with high relief.
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.
About the 1921 Peace
How much is a 1921 Peace Dollar worth?
Lustre's editorial estimate (Oct 2026) is $80–$210 for circulated examples (G-4 to EF-40) and $3,700–$5,250 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 1921 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 1921 Peace Dollars were minted?
1,006,473 were struck at the Philadelphia 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 1921 Peace Dollar rare?
Yes. It is a key date. Check the variety notes on this page, look at the date and mint mark under magnification and consider professional grading before selling.
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.