1st Question
The first year of the Peace dollar was minted in a high relief format- think of the raised design appearance of a medal. In hand, the relief is obviously different from any other year. Ignore the 1922 high reliefs- that is proof only. The business strike 1922 was the first to have a normal relief with a flatter design.
2nd Question
Mintage was stoppd for a few years for the same reason that mintage was stopped on Morgans from 1904-1921--- too many were accumulating in Treasury vaults and they weren't needed.
3rd Question
Denver started using a new mintmark punch in 1934. Dies that used the old punch had a small D and the new punch created a larger D on the dies. I do not believe that a premium is attached to either one.
4th Question
Just a slight die revision and it happens to all coins from time to time. For example, look at the hair on a 1960s Washington quarter vs. hair from a quarter in the 1990s.
5th Question
The key is 1928 which is a $400+ even in low grades. The semi-keys are 1921 $100-150 in circulated grades and the 1934S which is a conditional rarity coin(very few in MS and not many more in higher circ). The rest are easily available and affordable.
Just remember that the biggest knock against Peace dollars is the fact that some of them are downright ugly even in MS with poor strike detail and lousy luster. A set of Peace dollars is pretty heavy and impressive. Just remember to look for coins with solid strikes and above average eye appeal.
The first year of the Peace dollar was minted in a high relief format- think of the raised design appearance of a medal. In hand, the relief is obviously different from any other year. Ignore the 1922 high reliefs- that is proof only. The business strike 1922 was the first to have a normal relief with a flatter design.
2nd Question
Mintage was stoppd for a few years for the same reason that mintage was stopped on Morgans from 1904-1921--- too many were accumulating in Treasury vaults and they weren't needed.
3rd Question
Denver started using a new mintmark punch in 1934. Dies that used the old punch had a small D and the new punch created a larger D on the dies. I do not believe that a premium is attached to either one.
4th Question
Just a slight die revision and it happens to all coins from time to time. For example, look at the hair on a 1960s Washington quarter vs. hair from a quarter in the 1990s.
5th Question
The key is 1928 which is a $400+ even in low grades. The semi-keys are 1921 $100-150 in circulated grades and the 1934S which is a conditional rarity coin(very few in MS and not many more in higher circ). The rest are easily available and affordable.
Just remember that the biggest knock against Peace dollars is the fact that some of them are downright ugly even in MS with poor strike detail and lousy luster. A set of Peace dollars is pretty heavy and impressive. Just remember to look for coins with solid strikes and above average eye appeal.
















