How much is a 1928 silver dollar worth today?

How to tell if your silver dollar is rare?

Rarity and errors also impact a silver dollar's value. Older coins, such as those from the 1700s, tend to be rarer. A prime example is the 1804 dollar—of which only 15 exist, none minted in 1804. They were actually struck in 1835 and 1858 for diplomatic gifts and collectors, making them extremely rare and valuable.

Are Peace silver dollars worth anything?

And like the Morgan dollar, the Peace dollar sells for a large premium due to its collectible value, or numismatic value. While the spot price of silver does influence the overall price of a silver Peace Dollar, the price is determined in large part by the numismatic premium that collectors are willing to pay.

What years of silver dollars are worth money?

Based on auction records, here are some of the most valuable silver dollars.

• 1794 Flowing Hair Silver Dollar Special Strike. ...
• 1804 Draped Bust Original — Class I. ...
• 1794 Flowing Hair Silver Dollar. ...
• 1804 Draped Bust Restrike — Class III. ...
• 1795 3 Leaves Flowing Hair Silver Dollar.

What is the holy grail of Morgan silver dollars?

The holy grail of Morgan dollars is none other than the 1895 proof, a coin that represents the only known Philadelphia-minted issues of the year. While 12,000 circulation strikes were reported, none have been accounted for.

Are 1928 silver dollars pure silver?

STRUCK IN FINE SILVER – Each Peace Silver Dollar was struck in 26.73 grams of 90% silver and measures 38.1 mm in diameter. LEGAL TENDER U.S. COINAGE – These coins were $1 legal tender in the United States and circulated widely during the Roaring '20s and Depression-era '30s.

How much is $1 in 1928 worth today?

$1 in 1928 is equivalent in purchasing power to about $18.95 today, an increase of $17.95 over 97 years. The dollar had an average inflation rate of 3.08% per year between 1928 and today, producing a cumulative price increase of 1,794.60%.

Is it worth getting a silver dollar graded?

Are graded coins worth more? Not in all cases. The value of a graded coin depends heavily on the current worth of a coin. Some collectors may choose to pay more than the actual metal value or face value of a coin because it is extremely rare or in extremely good condition.

Are 1928 silver dollars a good investment?

The rarest and most valuable Peace silver dollar, at least in circulated condition, is the 1928-P or Philadelphia-issued dollar with a mintage of 360,000 coins. Prices can vary anywhere from $150 – $300, depending on the coin's condition. Inspect the reverse side of the coin below the word “One” for a mint mark.

How to spot a fake 1928 Peace dollar?

An extra ray of light is one of the indicators this piece isn't genuine. The 1928 Peace Dollar had the lowest mintage of the series with only 360,649 pieces struck. That extremely limited mintage has made this issue the most sought-after of the entire Peace Dollar series.

What happens if my silver dollar doesn't have a mint mark?

For Peace silver dollars, the mint mark can be found below the word “ONE” and to the left of the eagle's tail feathers. It's common for silver dollars to not contain mint marks, which means that they were minted in Philadelphia.

Should I sell my old silver dollars?

As a quick tip, most Morgan and Peace dollars from 1878 and newer will be worth just a small premium over their silver value. However, never make the mistake of selling a dollar coin from 1877 or older just for silver. Those types of coins always have a collector value.

Is it worth cleaning silver dollars?

Even though it's counterintuitive, you should never clean a coin, as it can significantly reduce its value. Even coins that have substantial dirt, tarnishing, or toning should be kept in their original condition.

When was the last pure silver dollar made?

No silver dollar coins were struck by the Mint and issued into circulation after 1935. The silver dollar drought almost ended in 1964, when new legislation allowed the Denver Mint to strike Peace Dollars. However, none were released to the public.

How much is a 1928 dollar coin worth?

According to the NGC Price Guide, as of December 2025, a Peace Dollar from 1928 in circulated condition is worth between $200 and $475.

Is it illegal to own a peace dollar?

The two coins were retrieved, then placed in the Treasury Vault until 1970. Then, they were destroyed. The history and rarity of the coins has inspired some to produce fraudulent counterfeit pieces. In the meantime, the US Mint has responded stating that it is illegal to own even a real 1964 Peace dollar.

What silver dollars are worth keeping?

What silver dollars are valuable? Silver dollars become valuable when they are rare, in good condition, or feature unique errors. Coins such as Carson City Morgans, early Flowing Hair or Draped Bust dollars, and low-mintage Peace or Morgan issues are particularly prized by collectors.

How to look up the value of a silver dollar?

To calculate the value of a silver dollar, you multiply its fine silver content by the current spot price for silver. A silver dollar contains 0.7735 troy ounces of pure silver, so at the time of writing a silver Dollar would be worth over $17 on metal value alone.

What US coin is worth $19 million?

This is a 1933 Double Eagle. It looks like an ordinary twenty-dollar gold coin. But this innocent-looking piece of metal just sold for NINETEEN MILLION DOLLARS. That's enough money to buy 380 houses.

Will a magnet stick to a silver dollar?

Since the Morgan dollar is 90 percent silver, it is not attracted to a magnet. Some of the fakes will cling to a magnet, but most of the fakes made in the last five to eight years do not. Counterfeiters have switched to metal alloys and thin coatings of silver to defeat the magnet test.