Peace Silver Dollar - NGC MS60-MS62 (Random Year)

Buyback price:  $61.07
Bullion Standard Pro Buyback price:  $61.94

Product ID: BST-0021066DB9

Specifications

Random Year Status Random Year
Precious Metal Type Silver
Bullion Coin Type Peace Dollar
Format Coin
Country of Origin United States
Brand/Mint U.S. Mint
Mint Mark P - Philadelphia
Purity 0.9
Weight 0.7734 oz
Thickness (mm) 2.4 mm
Diameter (mm) 38.1 mm
Grade MS60-MS62
Grading Service NGC

Product Details

Overview of the Peace Silver Dollar

The Peace Silver Dollar is one of the most recognized and historically significant coins in American numismatic history. Struck in .900 fine silver and weighing 0.7734 troy ounces, it was produced by the United States Mint and carries legal tender status as a circulated dollar denomination. The examples we carry are certified by NGC in grades spanning MS60 through MS62, placing them firmly in the Mint State range and confirming that each coin has been examined and authenticated by one of the most respected third-party grading services in the industry. Year of issue varies, reflecting the full production run of this classic series. These coins appeal to both silver stackers and numismatic collectors, combining meaningful silver content with genuine historical and artistic significance. The NGC slab provides a reliable framework for evaluating condition and authenticity, making certified Peace Dollars a practical choice for buyers who prioritize verified quality.

History and Background

The Peace Dollar was introduced in 1921, though production of the high-relief version that year was limited and distinct from later issues. From 1922 onward, the…

Overview of the Peace Silver Dollar

The Peace Silver Dollar is one of the most recognized and historically significant coins in American numismatic history. Struck in .900 fine silver and weighing 0.7734 troy ounces, it was produced by the United States Mint and carries legal tender status as a circulated dollar denomination. The examples we carry are certified by NGC in grades spanning MS60 through MS62, placing them firmly in the Mint State range and confirming that each coin has been examined and authenticated by one of the most respected third-party grading services in the industry. Year of issue varies, reflecting the full production run of this classic series. These coins appeal to both silver stackers and numismatic collectors, combining meaningful silver content with genuine historical and artistic significance. The NGC slab provides a reliable framework for evaluating condition and authenticity, making certified Peace Dollars a practical choice for buyers who prioritize verified quality.

History and Background

The Peace Dollar was introduced in 1921, though production of the high-relief version that year was limited and distinct from later issues. From 1922 onward, the series settled into a lower-relief format that proved more practical for large-scale minting. The coin was created in response to a widespread public desire to commemorate the end of World War I, and its name reflects that intent directly. Congress authorized the redesign through a process that ultimately selected sculptor Anthony de Francisci, whose work brought an entirely new artistic sensibility to the American dollar coin. Production continued through 1935, after which the series was discontinued. A brief attempted revival in 1964 was never released to circulation, making the 1921 to 1935 window the definitive production period. Philadelphia, Denver, and San Francisco all struck Peace Dollars at various points during the series, with the Philadelphia Mint issues bearing no mint mark. The coins we carry are designated as Philadelphia strikes, reflecting the "P - Philadelphia (Not Shown)" mint attribution.

Design and Aesthetics

The obverse features a forward-facing portrait of Lady Liberty wearing a radiate crown, rendered with a classical, almost sculptural quality that set it apart from previous dollar designs. De Francisci modeled the portrait after his wife, Teresa, and the result carries a naturalism and dignity rarely seen in American coinage of the era. The word "LIBERTY" arcs above the portrait, with "IN GOD WE TRUST" inscribed below and the date at the base. The reverse depicts a bald eagle perched on a rocky mountaintop, clutching an olive branch and resting beneath rays of sunlight. The word "PEACE" appears beneath the eagle, functioning as both a design element and a direct statement of the coin's commemorative purpose. The overall composition is refined and balanced, with engraving detail that holds up well even at the lower end of the Mint State grade range covered by this listing.

Authenticity and Product Integrity

Each coin in this listing has been independently graded and encapsulated by NGC, which assigns a grade of MS60, MS61, or MS62 to confirm that the coin has not been circulated. NGC's authentication process includes examination for originality, surface integrity, and the absence of cleaning or artificial enhancement. As an authorized NGC dealer, we sell only coins that arrive in sealed, tamper-evident slabs with NGC certification numbers that can be independently verified through NGC's online registry. The silver content of each Peace Dollar is established by the United States Mint's own production standards, which specify .900 fine silver and a gross weight that produces exactly 0.7734 troy ounces of silver per coin. These specifications have been consistent across the entire production run of the series and require no additional verification beyond the NGC certification already accompanying each piece.

Condition and Packaging

Coins graded MS60 through MS62 by NGC occupy the lower end of the Mint State scale, meaning they show no signs of circulation wear but may exhibit noticeable contact marks, reduced luster, or surface distractions that prevent a higher grade. Within this range, MS60 represents the baseline for uncirculated status, while MS62 shows improved eye appeal and fewer marks. Buyers seeking a certified, authentic Peace Dollar in an uncirculated holder at an accessible price point will find this range practical and appropriate. Because these are third-party graded coins, each arrives sealed in an NGC plastic slab rather than a standard protective flip. The slab itself serves as both a storage and display format, protecting the coin from handling and environmental exposure. Random year applies to all purchases in this listing, meaning specific date requests cannot be accommodated.

Pricing and Market Factors

Pricing for certified Peace Dollars reflects the current spot price of silver as a baseline, with premiums layered on top to account for NGC certification costs, numismatic demand, and the series' historical recognition. The MS60 to MS62 grade range sits at a price point where bullion value and numismatic premium remain relatively close together, which can make these coins accessible compared to higher-grade examples that carry more significant collector premiums. Demand for Peace Dollars in certified condition tends to remain steady because the series has a broad and established collector base. Our pricing is structured around real-time market conditions, and the bid/ask spread displayed on each product page reflects current wholesale market dynamics rather than arbitrary retail markups.

Selling and Liquidity

Peace Dollars carry strong recognition across numismatic and bullion markets alike. The combination of a well-known series, a reputable grading service, and standardized silver content makes them broadly tradeable through dealers, auction houses, and secondary market platforms. NGC-certified coins in particular benefit from the transparency that slabbed certification provides, removing much of the uncertainty that can complicate resale of raw coinage. We operate a two-way market, meaning customers can sell Peace Dollars and other precious metals back to us at competitive wholesale bid prices. Evaluating liquidity before purchasing is something we actively encourage, and the spread data displayed on our product pages gives buyers a clearer picture of the full cost of ownership rather than just the acquisition price.

Why Buy the Peace Silver Dollar?

The Peace Dollar occupies a distinct position in the market as a coin with genuine historical meaning, recognized artistic merit, and real silver content. Buyers get more than a silver coin; they get a piece of American monetary history in a grade-confirmed, authenticated format. The NGC certification eliminates the guesswork typically associated with buying vintage silver dollars, particularly at lower Mint State grades where surface quality can vary considerably. The random year format makes this listing practical for buyers focused on silver content and certified Mint State status rather than specific dates or varieties. For those building a holdings position in certified classic American silver coinage, the MS60 to MS62 range offers an entry point with meaningful numismatic character at a more measured premium than top-tier examples.

Why Buy from Bullion Standard?

We are an authorized NGC dealer, which means the certified coins we carry meet the standards required to participate in the official NGC dealer network. Combined with our membership in the American Numismatic Association and the National Coin and Bullion Association, our standing in the numismatic community reflects a long-term commitment to authenticity and responsible sourcing. Every product that moves through our platform is verified before it reaches a customer. Our pricing model is built around transparency rather than opacity. We display real-time bid/ask spreads on product pages so buyers can evaluate the complete transaction, not just the purchase price. Backed by an A rating from the Better Business Bureau and more than a decade of operation as a nationally recognized precious metals marketplace, our approach is grounded in the belief that trust is earned through consistent, straightforward practice rather than promotional claims.

Get Near-Spot Pricing with Bullion Standard Pro

Bullion Standard Pro gives members access to live, executable wholesale bid and ask pricing, including on NGC-certified classic coins like the Peace Dollar. Rather than relying on estimated retail values, Pro members can view their portfolio holdings using current wholesale bid prices, which provides a more realistic picture of actual liquidation value at any given moment. This matters particularly for numismatic products where premiums can shift based on collector demand, series popularity, and broader silver market conditions. Pro also includes proprietary research tools that allow members to compare premiums, bid/ask spreads, and liquidity characteristics across a wide range of products. For buyers evaluating where a certified Peace Dollar fits within their broader holdings, these tools provide objective, data-driven context rather than marketing-driven guidance.

Flexible and Secure Payment Options

We support a wide range of payment methods to make the purchasing process straightforward and secure. Buyers can complete transactions using Visa, Mastercard, American Express, or Discover credit cards, as well as PayPal for added flexibility. Bank-connected payments are available through Plaid, and customers preferring traditional methods can use wire transfer or paper check. Cryptocurrency payments are processed through BitPay for those who prefer digital currency. Every transaction is handled with the same emphasis on security and reliability that defines the broader experience on our platform.

Reviews