The 1934 Peace dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these silver coins.

1934 Silver Dollar

Specifications

Type: Peace Dollar
Year: 1934
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 1934 silver dollar with no mint mark and also the 1934 D silver dollar and 1934 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
1934 Philadelphia 954,057
1934 D Denver 1,569,500
1934 S San Francisco 1,011,000

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 1934 silver dollar with no mint mark is worth around $44 in very fine condition. In extremely fine condition the value is around $45. In uncirculated condition the price is around $120 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $650.

The 1934 D silver dollar is worth around $44 in very fine condition. In extremely fine condition the value is around $45. In uncirculated condition the price is around $130 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $1,200.

Lastly the 1934 S silver dollar is worth around $80 in very fine condition. In extremely fine condition the value is around $175. In uncirculated condition the price is around $2,300 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 65 can sell for around $8,200.

Double Die Error

There is a notable double die error for the 1934 D silver dollar. This error can be found on the front side of the coin where the letters and numbers will clearly overlap each other.

The 1934 D silver dollar double die error coin is worth around $115 in very fine condition. In extremely fine condition the value is around $185. In uncirculated condition the price is around $750 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $1,650.

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:

1935 Silver Dollar
1928 Silver Dollar
1927 Silver Dollar