Peace Dollar Question - Coin Community Forum

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Author	Replies: 3 / Views: 1,089
schockergd Valued Member United States 397 Posts	Posted 07/31/2011 10:07 pm I really love the design of Peace dollars and have been lucky enough to pick up a few at great prices. However looking over values & mintages, I'm a bit confused on pricing. The 1921 peace has a mintage of just a little over 1 million coins, and at a G4 grade it's at $76 on numismedia. Compared to the 1934 which had only 951,000 , shouldn't the '34 bring a similar price? The '34 has almost no premium outside of AU grade over 'common' Peace dollar denominations. The '27 is in a similar situation as well, 848k mintage yet the value isn't spectacular, yet the '27-d and '27-s varieties carry a higher premium even with higher mintages. What causes these values, as we're talking only a time span of 15 years or so. Report this Post to the Staff

Bryan1315 Bedrock of the Community United States 14454 Posts	Posted 07/31/2011 11:15 pm it has nothing to do with mintage's, it has to do with how many were kept back then in higher grades. The 1921 was heavily used so one in better condition sells for more money, the others you mentioned probably were hoarded and can be found in those higher grades easily Report this Post to the Staff
jfransch Pillar of the Community United States 1801 Posts	Posted 08/01/2011 01:27 am Also be aware that the 1921 Peace dollar is a unique 1 year only type coin and that increases the demand and drives up the value. Report this Post to the Staff
Bryan1315 Bedrock of the Community United States 14454 Posts	Posted 08/01/2011 02:37 am yeah that's right, the 1921 is a high relief coin which they only did in 1921 because they said it was to hard to do, sorry forgot to mention that Report this Post to the Staff
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