The silver Peace Dollar coin is one the most highly coveted coins ever produced by the U.S. Mint. Because Peace Dollars were only produced in limited quantities and for only a handful of years, serious coin collectors may desire coins from each year minted.
Peace Dollars are nearly 100 years old, and because of their age, many of the Peace Dollars available for sale today may display significant signs of wear and tear. This is not unusual, given the fact that these coins were minted for circulation. Although many of these coins do show their age, there are Peace Dollars available in brilliant, uncirculated condition as well.
The coin grading process is very thorough and rigorous. Although coins go through a subjective grading process, the final grade is determined by an expert coin grader. These expert coin graders carefully examine each coin to determine how well the coin has stood the test of time and to assess the coin’s overall condition. Like other types of coins, the better the overall condition, the more valuable the coin may be. You can get a good idea of a coin’s grade by carefully examining both sides of the coin and looking for any imperfections in the coin’s imagery, texture, wording, color or finish.
Use the specifications below to determine how your Peace Dollar coin may be graded.
Uncirculated: An uncirculated 1925 Peace Dollar coin shows no signs of wear or any imperfections. Although these coins are nearly 100 years old, a coin in uncirculated condition will look as if it just came out of the mint’s presses. Uncirculated coins will have no visible wear and tear on the imagery or wording, although they may take on a slightly different color or tone due to their age. You can very simply use a magnifying glass to examine your coins. The magnifying glass makes it easy to scrutinize the coin’s images and details, and you can determine if some of the details have been worn away over time.
Extremely Fine: Just one step below uncirculated condition, an extremely fine Peace Dollar will show minor wear and tear on the coin’s images or wording. Some of the finer details of the coin may be worn due to age and exchanging hands over time. In addition, the coin’s texture may feel worn and smoother overall. Despite this, coins in extremely fine condition are considered to be in near-pristine condition and are still very beautiful.
Fine: A coin in fine condition has kept all of its details intact, and they are easily recognized. There are, however, visible signs of wear and tear on the coin’s obverse and reverse. Coin details such as text or images may be worn down and smooth and the coin’s finish may appear duller.
Good: A coin in good condition has very significant signs of wear and tear, and you may need a magnifying glass in order to determine the coin type, mint year and other information. While coins in good condition are nowhere near mint grade, they are often times still very popular among collectors and investors due to potential scarcity and difficulty in obtaining.
As stated previously, Peace dollars were only minted for a limited time and in limited quantities. The 1925 edition is sought after by coin collectors due to its historical significance, silver content and design. Because of these factors, the price for this coin regularly exceeds $30. If a coin goes on the auction block, the price can easily exceed $45. Recent sales prices for this coin have ranged from $35 to over $40.
1925 Peace Dollar
|1925 Peace Dollar||N/A||N/A||$32||$37|
|1925 Peace Dollar (S)||N/A||N/A||$35||$45||Source: Red Book|