Coin Specifications

Category: Peace Dollars (1921-1935)
Mint: Philadelphia
Mintage: 954,057
Catalog: KM-150
Obverse Designer: Anthony de Francisci
Reverse Designer: Anthony de Francisci
Composition: Silver
Fineness: 0.9000
Weight: 26.7300g
ASW: 0.7734oz
Melt Value: $15.05 (8/27/2014)
Diameter: 38.1mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1934 S$1 MS obverse 1934 S$1 MS reverse


  
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VarietyPlus®

There are no varieties for this coin.

Description & Analysis

Coinage of silver dollars was halted in 1928 after the bullion purchased from Western silver mine owners was exhausted. The silver dollars of 1934-1935 were coined from silver acquired under various authorizations, including the Act of May 12, 1933 empowering the government to accept silver on war debt accounts for conversion into silver dollars, President Roosevelt's proclamation of December 21, 1933 mandating that the mints coin silver dollars from newly-purchased Western mine bullion, and the Silver Purchase Act of June 18, 1934 ordering the Treasury to buy silver worldwide until its market price reached $1.2929 per ounce (a figure considered to be the standard value of silver for many years), or until the monetary value of the Treasury's silver holdings reached 1/3 of the value of its gold stock.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 1/20/2014

Click on a price to see historical prices, comparison charts and trends.

1934 S$1 MS
  GVGFVF4045505355586061626364656667686970
Base $ 31.00 34.00 36.00 38.00 42.00 42.00 50.00 53.00 60.00 90.00 110 135 170 240 425 850 3350 22500 - - -
$ 47.00 55.00 60.00 67.00 100.00 125 155 210 300 660 2150 4600 30000 -
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Census

 
NGC GRADE SUMMARY

Total Graded: 5147
Low Grade: F
Average Grade: 62
High Grade: 67


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Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
8/19/1996 NGC MS 64   Teletrade Auction 0868, 868/Lot# 1923 $250.70
9/10/2006 PCGS MS 66   Goldberg September 10-13, 2006 Pre-Long Beach Coin and Currency Auction, 37/Lot# 3301 $2,300.00
4/23/2009 NGC MS 64   David Lawrence Rare Coins Thursday - Internet Auction # 364, 370/Lot# 8040 $322.00
1/30/2011 NGC MS 62   Heritage Auctions Internet Coin Auction Session(2), 211022/Lot# 23029 $126.50
3/17/2011 PCGS MS 63   Heritage Auctions 2011 March Sacramento Signature ANA US Coin Auction Session(1), 1153/Lot# 3644 $1,955.00
10/21/2012 PCGS MS 65   GreatCollections GreatCollections Coin Auctions 10/21/2012, 45/Lot# 80012 $1,085.70
5/5/2014 PCGS MS 63   Stack's Bowers iAuction 3480, 6029/Lot# 20437 $185.65


NGC Registry

Related Articles

NGC Supplements Authenticity Study of 1934 Peace Dollars

9/18/2012  — Additional examples with peculiar die features are found.
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