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: $12.06 (2/11/2016)
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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There are no NGC 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.


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Price Guide

Last Updated: 2/5/2016

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

1934 S$1 MS
Base $ 31.00 34.00 36.00 38.00 45.00 50.00 55.00 65.00 95.00 145 175 225 430 975 3500 27000 - - -
$ - - - 75.00 105 155 190 285 675 1650 14750 - -

NGC Price and Value Guides Disclaimer



Total Graded: 5416
Low Grade: F
Average Grade: 62
High Grade: 67

Upcoming Auctions

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
3/6/2005 PCGS MS 64   Teletrade Auction 2009, 2009/Lot# 1612 $352.00
6/20/2005 NGC MS 65   David Lawrence Rare Coins Internet-Only Auction #44, 48/Lot# 1020 $207.00
9/13/2006 PCGS MS 65   Heritage Auctions 2006 September Long Beach, CA Signature Auction #416, 416/Lot# 5687 $805.00
9/4/2011 PCGS MS 62   Goldberg September 4-6, 2011 The Pre-Long Beach Auction, 65/Lot# 1663 $115.00
7/29/2012 PCGS MS 61   GreatCollections GreatCollections Coin Auctions 07/29/2012, 33/Lot# 66091 $91.40
3/31/2013 PCGS MS 64   Heritage Auctions Internet Coin Auction Session(2), 131315/Lot# 23135 $352.50
10/12/2014 NGC MS 63   Heritage Auctions Internet Coin Auction Session(1), 131442/Lot# 25438 $193.88
  PCGS MS 65   Bonhams $561.00
6/28/2015 PCGS   Stack's Bowers iAuction 3533, 6112/Lot# 21041 $528.75

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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