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United States · Silver · 1921–1928, 1934–1935

Peace Silver Dollar Melt Value

Quick answer

A Peace Silver Dollar contains 0.7734 troy oz of pure silver (26.73 g × .900). At $57.35/oz silver, its melt value is about $44.36. Collector value is separate and depends on date, mint mark and grade.

Silver spot $57.35/oz as of October 19, 2026. Prices on this page update automatically.
Melt value
$44.36
Pure silver
0.7734 oz t
Silver spot
$57.35/oz

Values above refresh with the October 19, 2026 spot price.

Peace Silver Dollar specifications

YearsFinenessGross weightPure silverDiameterFace value
1921–1928, 1934–1935.900 (90%)26.73 g24.06 g (0.7734 oz t)38.1 mm1 Dollar

Anthony de Francisci's design marking the peace after World War I. Struck 1921–1928 and 1934–1935 at Philadelphia, Denver (D) and San Francisco (S); the 1921 coins are in high relief. It has the same silver content as the Morgan dollar.

How to identify a Peace Silver Dollar

  • The mint mark (D or S) is on the reverse, below ONE and left of the eagle's wing tip.
  • 1921 coins are in high relief and look sharper and rounder; from 1922 the relief is lower.
  • The word PEACE is on the rock the eagle stands on; the 1928 Philadelphia issue has the lowest mintage of the series.

How the melt value is calculated

Melt value = gross weight × fineness ÷ 31.1035 × spot price. For the Peace Silver Dollar: 26.73 g × .900 = 24.06 g of pure silver. Divide by 31.1035 grams per troy ounce to get 0.7734 oz, then multiply by $57.35 spot: about $44.36.

Melt value by quantity

QuantityPure silverMelt value
1 coin0.7734 oz t$44.36
5 coins3.8672 oz t$221.79
10 coins7.7345 oz t$443.57
20 coins (1 roll)15.4690 oz t$887.15
50 coins38.6725 oz t$2,218
100 coins77.3450 oz t$4,436

Melt value by face value

Dealers often price 90% silver by face value. Every $1 of face value in Peace Silver Dollar coins holds 0.7734 oz of pure silver when the coins are full weight.

Face valuePure silverMelt value
$1 face value0.7734 oz t$44.36
$10 face value7.7345 oz t$443.57
$100 face value77.3450 oz t$4,436
$1,000 face value773.4499 oz t$44,357

Melt value vs collector value

Melt value is only what the silver in a Peace Silver Dollar is worth at today's spot price. A coin's market value can be much higher: scarce dates, mint marks and high grades sell to collectors for a premium, while common dates in worn condition trade closer to melt. Nu Stack does not estimate collector prices on this page. For a specific coin, check the date and mint mark, the condition (a grading service such as PCGS or NGC, or a local dealer) and recent sales.

More: Silver melt value explained · How to sell silver coins · Where to sell silver · Free melt calculator · All coin melt values

Specs: Nu Stack coin database (curated entries and the Numista catalog). Melt values use the silver spot price from the Nu Stack price feed and are estimates of metal content only, not offers to buy or sell.

Frequently asked questions

How much silver is in a Peace Silver Dollar?

A Peace Silver Dollar has 24.06 g (0.7734 troy oz) of pure silver: 26.73 g gross weight at .900 fine.

What is a Peace Silver Dollar worth in melt value today?

About $44.36 at $57.35/oz silver (October 19, 2026). Melt value moves with the silver spot price; this page updates automatically.

Is a Peace Silver Dollar worth more than its melt value?

It can be. Scarce dates, mint marks and coins in high grades sell above melt value to collectors, while common dates in worn condition trade closer to melt. Check the date, mint mark and condition, or ask a grading service or dealer, for a collector value.

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