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: $16.08 (7/26/2014)
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®

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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: 5071
Low Grade: F
Average Grade: 62
High Grade: 67


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
7/27/2014 MS 61   David Lawrence Rare Coins Internet Auction # 814, 823/Lot# 273
7/29/2014 UNC Details  Heritage Auctions Internet Coin Auction Session(1), 131430/Lot# 28299
7/29/2014 MS 66   Heritage Auctions Internet Coin Auction Session(1), 131430/Lot# 28300
8/9/2014 MS 67   Heritage Auctions 2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago Session(5), 1208/Lot# 8994
8/9/2014 MS 64   Heritage Auctions 2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago Session(5), 1208/Lot# 8420


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
9/19/2005 PCGS MS 66   Goldberg September 19-21, 2005 Pre-Long Beach Coin and Currency Auction, 32/Lot# 2220 $310.50
11/7/2011 NGC MS 65   Heritage Auctions 2011 November 7-9 US Coins Signature Auction - Beverly Hills Session(4), 1161/Lot# 9123 $207.00
2/27/2012 NGC MS 62   Teletrade Auction 3232, 3232/Lot# 1682 $110.00
8/2/2012 NGC MS 64   Heritage Auctions 2012 August 2-5 US Coins Signature Auction- Philadelphia Session(6), 1173/Lot# 9142 $305.50
10/14/2012 PCGS AU 58   GreatCollections GreatCollections Coin Auctions 10/14/2012, 44/Lot# 79525 $62.70
2/22/2013 PCGS MS 65   Stack's Bowers The March 2013 Baltimore Auction, 181/Lot# 7937 $881.25
3/23/2014 NGC MS 66   David Lawrence Rare Coins Internet Auction # 796, 805/Lot# 1020 $260.00


NGC Registry

Related Articles

NGC Supplements Authenticity Study of 1934 Peace Dollars

9/18/2012  — Additional examples with peculiar die features are found.
View full article >


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