The 1928 Peace dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these silver coins.

1928 Silver Dollar

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: $13.03

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 $13.03 as of November 11, 2019. This melt value is calculated from the current silver spot price of $16.85 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 $3,200.

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 $1,600.

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:

The Red Book


See also:

1927 Silver Dollar
1926 Silver Dollar
1925 Silver Dollar