What is the value of a 1934 US Peace silver dollar?

Answer 1

Look on the back of the coin to see if there's a small mint mark letter above the word ONE. It may be blank or there may be a D or S. (The intertwined A and F on the front of the coin are the designer's monogram and not a mint mark.)

Numismedia lists the following approximate retail values as of 05/2011:

No mint mark (Philadelphia):

Very worn condition - $36

Moderately worn - $40

Slightly worn - $40

Almost no wear - $52

Uncirculated - $96 to $24,050 depending on quality

"D" mint mark (Denver):

Very worn - $36

Moderately worn - $40

Slightly worn - $40

Almost no wear - $53

Uncirculated - $126 to $43,550

"S" mint mark (San Francisco):

Very worn - $39

Moderately worn - $49

Slightly worn - $63

Almost no wear - $514

Uncirculated - $1,710 to $24,380

DISCLAIMER: The retail values quoted are the best available as of the date shown, but may vary significantly due to changes in the precious metals market. Also the wholesale (buying) price of a coin will be less than the selling (retail) price. A reputable coin dealer will be able to give a more accurate valuation based on inspection of the coin.

FAQ's about Peace dollarsIn God We TRVST

The spelling "TRVST" is NOT an error. During the 1920's it was common for artists to use the Latin alphabet. Latin only has 24 letters and uses "V" where modern languages use a "U"

E Pluribus Unum

The motto E Pluribus Unum (Latin for "Out of Many, One") is on ALL $1 coins minted since 1878 so that's not specific enough to ID any one coin.

Silver Eagles

Silver eagles are bullion coins minted since 1986 for sale to collectors but not for spending. Peace dollars were made for use in ordinary circulation just like dimes and quarters.