1928 S Peace Dollar

Last updated: September, 18 2024
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CoinTrackers.com estimates the value of a 1928 S Peace Dollar in average condition to be worth $33.00, while one in mint state could be valued around $16,500.00.


1928 S Peace Dollar
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  • Year: 1928
  • Mint Mark: S
  • Type: Peace Dollar
  • Price: $33.00-$16500.00+
  • Face Value: 1.00 USD
  • Produced: 1,632,000
  • Edge: Reeded
  • Silver Content: 90%
  • Silver Weight: .7735 oz.
  • Melt Value: $24.24






Notes: 1928 was the last year that the Peace dollars were minted for nearly six years. If you can get your hands on one of these coins for a good price it would serve you well. These coins can go for thousand of dollars easy assuming the coin looks nice.

Mintages

Production Chart





How much is a 1928 S Peace Dollar worth?

In Average Circulated (AC) condition it's worth around $33.00, one in certified mint state (MS+) condition could bring as much as $16,500 at auction. This price does not reference any standard coin grading scale. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1928, and mint state meaning it is certified MS+ by one of the top coin grading companies. *** [?].


Specs & Design

This coin has a total mass of 26.73 g, a diameter of 1.5 in, and a thickness of 2.4 mm. It's edge is Reeded, and the coins are composed of 90.0% Silver & 10.0% Copper.


Designer: Anthony de Francisci


Front (Obverse): Profile view of Goddess of Liberty glancing to the left. The image is based on a photo of the designer Anthony de Francisci's wife, Teresa de Francisci. The words Liberty, In God We TRVST, and a date are inscribed as well. Noting that the words TRVST are not misspelled or an error.


Back (Reverse): The reverse contains an image of a bald eagle perched on an olive branch. The words United States of America and E Pluribus Unum are inscribed.


Most Valuable

The most valuable Peace Dollar's. Prices listed are for MS-65 certified. Visit the link to learn more about each coin.

Image Year Mint Worth
Peace Dollar Image 1928 S $16.5k
Peace Dollar Image 1925 S $15k
Peace Dollar Image 1924 S $8.2k
Peace Dollar Image 1934 S $8k
Peace Dollar Image 1927 S $6.2k
Peace Dollar Image 1927 D $4.3k
Peace Dollar Image 1928 $3.5k
Peace Dollar Image 1923 S $2.9k
Peace Dollar Image 1921 $1.6k
Peace Dollar Image 1935 S $1,350
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Image Name Mint Worth

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Are 1928 S Peace Dollars Silver?

Yes! Peace Dollar's produced in 1928 are 90% silver to be precise, and contain .7735 troy oz or 24.05 grams in total of .999 pure silver. Silver weight is measured in troy ounces. Troy ounces weigh about 2 grams more than the standard ounce. CoinTrackers has built a tool that will let you know if your coin is silver or not. The tool is called Is My Coin Silver?.

Numismatic vs Intrinsic Value:

This coin in poor condition is still worth $8.76 more than the intrinsic value from silver content of $24.24, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.

Want more info? Then read Coin Collecting Investment an article that details the benefits of coin collecting as a way to build wealth. Also learn how to properly store your coins.

Current silver melt value* for a 1935 S Peace Dollar is $24.24 and this price is based off the current silver spot price of $31.34 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.

***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value. Call or visit your local coin dealer for more information.

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