CoinTrackers.com has estimated the 1928 S Peace Dollar value at an average of $32, one in certified mint state (MS+) could be worth $16,500. (see details)...
The obverse text on the Peace Dollar reads “Liberty; In God We Trvst (Trust); 1928.”. The reverse text on the silver dollar reads “United States of America; E Pluribus Unum; One Dollar; Peace.”. The obverse of the coin has a bust of a female facing the left with a pointed crown and flowing hair. The reverse of the Peace Dollar has an eagle sitting on a rock in the center with rays in the. 1928 P Peace Silver Dollar PCGS MS61 Lustrous Blast White Key Date Low Mintage. 1928 P US PEACE SILVER DOLLAR $1 $1.00 AU55 AU 55. The silver melt value for this coin is $20.80 as of February 07, 2021. This melt value is calculated from the current silver spot price of $26.89 per ounce. The 1928 silver dollar with no mint mark is worth around $275 in very fine condition.
Type:Peace Dollar
Year:1928
Mint Mark: S
Face Value: 1.00 USD
Total Produced: 1,632,000 [?]
Silver Content: 90%
Silver Weight: .7735 oz.
Silver Melt: $21.05
Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $32, while 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, we mean in a similar condition to other coins issued in 1928, and mint state meaning it is certified MS+ by one of the top coin grading companies. [?].
Additional Info: 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.
Numismatic vs Intrinsic Value:This coin in poor condition is still worth $10.95 more than the intrinsic value from silver content of $21.05, 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 benifits of coin collecting as a way to build wealth. Also learn how to properly store your coins.
Current silver melt value* for a 1928 S is $21.05 and this price is based off the current silver spot price of $27.22 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.
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**When we say that 1,632,000, of these coins were produced or minted in 1928 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.
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***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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1928 Silver Dollar Mint Mark
The 1928 Peace dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these silver coins.
Specifications
Type: Peace Dollar
Year: 1928
Face Value: $1.00
Composition: 90% silver, 10% copper
Silver Weight: .77344 oz.
Total Weight: 26.73 grams
Current Silver Bullion Value: $21.07
The US minted the 1928 silver dollar with no mint mark and also the 1928 S silver dollar. The mint mark, when present, can be found on the reverse side of the coin, below the word 'ONE'.
| Series | Location | Quantity Minted |
|---|---|---|
| 1928 | Philadelphia | 360,649 |
| 1928 S | San Francisco | 1,632,000 |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $21.07 as of February 09, 2021. This melt value is calculated from the current silver spot price of $27.24 per ounce.
The 1928 silver dollar with no mint mark is worth around $275 in very fine condition. In extremely fine condition the value is around $320. In uncirculated condition the price is around $425 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $3,250.
1928 Silver Dollar Value No Mint Mark
The 1928 S silver dollar is worth around $39 in very fine condition. In extremely fine condition the value is around $48. In uncirculated condition the price is around $210 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $18,500.
Grading System
Very fine- Liberty's hair looks quite worn. A few strands of hair around the ear are well defined. A portion of the eagle feathers on top and on the right wing's outside edge are visible.
Extremely fine- The hair lines over Liberty's brow and ear are strong, although slightly worn. Each of the eagle feathers on top and on the right wing's outside edge are visible but faint.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable.
Sources:
1928 Silver Dollar Value
The Red Book
1928 Silver Dollar Worth
See also:
1928 Silver Dollar Certificate
1927 Silver Dollar
1926 Silver Dollar
1925 Silver Dollar