1924 Peace Silver Dollar obverse showing Lady Liberty and reverse showing eagle, both sides

Free 1924 Silver Dollar Value Calculator + 1924-S Semi-Key Guide

A 1924-S Peace Dollar graded MS66 sold for $54,625 at Heritage Auctions — yet a worn Philadelphia example is worth little more than its silver content. Discover exactly where your coin falls in that range.

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$54,625 Top Auction Record (1924-S MS66)
13.5M Total 1924 Coins Struck
4 Top 50 VAM Varieties in 1924
0.773 oz Pure Silver Per Coin (Melt Base)

1924 Silver Dollar Value Chart at a Glance

Quick-scan value ranges by variety and condition. For a full in-depth 1924 silver dollar identification walkthrough covering every VAM designation and die state, see this complete reference guide.

Variety Worn (G–VG) Circulated (F–AU) Uncirculated (MS-60–62) Gem (MS-65+)
1924 Philadelphia (No Mint Mark) $65 – $75 $75 – $110 $85 – $160 $300 – $800+
⭐ 1924-S San Francisco (Semi-Key) $90 – $110 $100 – $175 $330 – $1,200 $7,000 – $55,000+
1924 VAM-1A Bar D (Top 50) $75 – $90 $90 – $150 $300 – $600+ Premium above standard
1924 VAM-2 Doubled Reverse $70 – $85 $85 – $130 $150 – $400 $500 – $1,500+
🔥 1924-S VAM-3 Doubled Reverse (Top 50) $100 – $130 $130 – $250 $400 – $1,175 $1,500 – $3,000+

⭐ Gold highlight = signature semi-key variety. 🔥 Red highlight = rarest VAM variety. Values reflect current market with silver near $55/oz. Always verify against real-time PCGS Price Guide.

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The Valuable 1924 Peace Dollar Errors & VAM Varieties (Complete Guide)

The 1924 issue is home to four Top 50 Peace Dollar varieties — more than most dates in the series. Each card below details one recognized VAM, ranked by collector demand and auction premiums. Examine your coin under 10× magnification before selling: a single attributed variety can multiply value several times over.

1924 Peace Dollar VAM-1A Bar D error showing vertical die gouge on the letter D in GOD WE TRUST MOST FAMOUS
$300 – $600+

VAM-1A Bar D (Top 50)

The VAM-1A Bar D is one of the four Top 50 Peace Dollar varieties on the 1924 Philadelphia issue and one of the most immediately recognizable die varieties in the entire series. It was caused by a die gouge that occurred during the hub-to-die transfer or during subsequent dressing of the working die at the Philadelphia Mint.

Visually, the variety shows a bold vertical bar of raised metal extending from the left side of the letter D in the motto IN GOD WE TRVST, running downward toward the coin's rim. Under a 10× loupe the bar is unmistakable — a raised, linear ridge distinct from the surrounding field. PCGS notes it as VAM-1A, while the die cut extends from the 1 in the date vertically toward the GOD lettering on one sub-variety.

Collector demand is strong because the feature is visible to the naked eye on well-struck, higher-grade examples, making it appealing to both variety specialists and type collectors who enjoy visual diagnostics. Attribution by PCGS or NGC significantly boosts realized prices at auction.

How to spot itLook directly at the letter D in GOD on the obverse under a 10× loupe. A vertical raised bar runs from D toward the rim — distinct from die polish lines and visible in good oblique lighting.
Mint markNo mint mark (Philadelphia Mint only)
NotableRecognized as a Top 50 Peace Dollar variety. An NGC MS-62 example sold for approximately $350; a PCGS MS-64 specimen sold for around $600 on eBay in January 2023 per CoinKnow data.
1924-S Peace Dollar reverse close-up showing the S mint mark below eagle tail feathers RAREST DATE
$90 – $55,000+

1924-S Philadelphia Mint — Semi-Key Date

The 1924-S Peace Dollar is not a VAM error but rather the scarcer of the two 1924 issues, with only 1,728,000 struck at San Francisco — a tiny fraction compared to the nearly 12 million Philadelphia coins produced that year. PCGS considers it a semi-key in the Peace Dollar series.

Unlike the 1922-S and 1923-S, large bags of 1924-S coins were never released in volume in the 1940s and 1950s, so Mint State survivors are genuinely scarce. Most circulated examples grade EF to AU, suggesting they entered circulation relatively late. In Gem condition (MS-65 and above), the 1924-S is one of the great condition rarities of the entire Peace Dollar series.

The difficulty in finding Gem examples lies in the generally poor strike quality at San Francisco, with weak centers, soft eagle breast detail, and frequent bag marks. PCGS has certified very few MS-66 examples, and the sole MS-66 that reached $54,625 at Heritage Auctions in April 2011 remains the series auction record for this date.

How to spot itLocate the small S mint mark on the reverse below the eagle's tail feathers above ONE. Any coin without a mint mark is Philadelphia. Confirm under a loupe — worn coins may have a faint S.
Mint markS (San Francisco Mint only); mintage 1,728,000
NotablePCGS auction record: $54,625, MS66, Heritage Auctions, April 27, 2011 (PCGS #7364). Ranked among top-8 scarcest Peace Dollar varieties in worn grades by most experts.
1924-S Peace Dollar VAM-3 Doubled Reverse Top 50 showing doubled reverse lettering detail MOST VALUABLE VAM
$400 – $3,000+

1924-S VAM-3 Doubled Reverse (Top 50)

The 1924-S VAM-3 is the single most valuable attributed die variety in the 1924 Peace Dollar series and carries official Top 50 Peace Dollar designation. The error originates from a doubled hub impression on the reverse working die during the hubbing process at the San Francisco Mint, where the die was repositioned between hubbing strikes.

Diagnostically, the doubling is visible on the reverse lettering and design elements — look for a clear secondary shelf on the eagle's wing tips and on the word PEACE near the rim. Under a 10× loupe the separation between the primary and doubled device is measurable. PCGS catalogs this variety as #133767.

Because this variety occurs on the already-scarce 1924-S base coin, the combination of low mintage plus attributed Top 50 status commands a strong collector premium. The PCGS auction record for this variety stands at $1,175 for an MS-64 example sold at Heritage Auctions on July 7, 2016.

How to spot itExamine the eagle's wing tips and PEACE lettering on the reverse under a 10× loupe. A raised secondary shelf or doubling line distinct from die polish or bag marks confirms the VAM-3 attribution.
Mint markS (San Francisco Mint only); PCGS #133767
NotableTop 50 Peace Dollar variety. PCGS auction record: $1,175, MS64, Heritage Auctions, July 7, 2016. Values from $400 in MS-60 to $3,000+ in choice Gem; attribution by PCGS or NGC strongly recommended before selling.
1924 Peace Dollar VAM-5A Broken Wing variety showing die crack through the eagle's wing on reverse BEST KEPT SECRET
$150 – $2,233+

VAM-5A Broken Wing

The VAM-5A Broken Wing variety on the 1924 Philadelphia Peace Dollar gets its colorful name from a prominent die crack or break that crosses the reverse eagle's wing, creating the visual impression of a fractured or broken wing tip. Die cracks of this type form late in a working die's life cycle when metal fatigue propagates across heavily worked areas of the die face.

The break manifests as a raised irregular line on the coin's surface running through the eagle's outstretched wing on the reverse. Unlike a planchet crack (which would show as a depression), this feature is raised above the field — the result of die metal actually cracking and separating, causing displaced metal to appear on struck coins. The feature is typically visible to the naked eye on well-preserved examples and clearly distinct under any magnification.

Specialist demand drives this variety's premium, which makes prices more volatile than broadly collected Top 50 varieties. CoinValueChecker data notes examples trading in the $1,175 to $2,233 range for mid-Mint State specimens, placing this variety firmly in the "significant find" category for anyone who spots it during routine attribution.

How to spot itExamine the eagle's right (viewer's left) wing on the reverse with a 10× loupe. A raised, irregular crack line running across the wing surface identifies the VAM-5A. The break is raised, not depressed.
Mint markNo mint mark (Philadelphia Mint); also check 1924-S reverses for similar die-break features
NotableMid-tier specialist variety with auction data showing $1,175 to $2,233 range in MS grades per CoinValueChecker research. More volatile pricing than Top 50 varieties — attribution confirmation increases realized value significantly.

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1924 Peace Dollar Mintage & Survival Data

Two mints struck Peace Dollars in 1924. No Denver coins were produced that year.

Group of 1924 Peace Dollar specimens showing Philadelphia and San Francisco mint examples in various grades
Mint Mint Mark Mintage Survival Estimate Key Notes
Philadelphia None 11,811,000 Millions in circulated grades; many in MS-63–65 Common date; above-average strike quality for the series; large bag hoards known
San Francisco S 1,728,000 Relatively scarce across all grades; very rare in MS-65+ Semi-key date; poor strike quality; no large bag releases known; top-8 scarcest in worn grades
Total 1924 13,539,000 No Denver coins produced in 1924
Composition specs: 90% silver, 10% copper · Weight: 26.73 grams · Diameter: 38.1 mm · Edge: Reeded · Designer: Anthony de Francisci · Silver content: 0.77344 troy oz per coin. Only about 16% of all Peace Dollars minted from 1921–1935 are estimated to survive today, due to mass silver meltings and the silver price spike of the 1980s.

How to Grade Your 1924 Peace Dollar

Condition is the single biggest value driver once you've established the mint mark. Use Liberty's hair curls and the eagle's breast feathers as your primary grading checkpoints.

1924 Peace Dollar grading strip showing four coins from heavily worn Good grade to Gem Uncirculated MS-65
Grade: Worn (G–VG)

Heavily Worn

Liberty's facial features merge into the field; hair curls above the ear are completely smooth. Eagle breast feathers are flat and indistinct. The coin's outline is clear but major design detail is gone. Still worth silver melt value ($45–$65) plus a small collector premium.

Grade: Circulated (F–AU)

Fine to About Uncirculated

Fine examples show Liberty's hair curls as separate lines but without inner detail. AU-55/58 coins retain 90–95% of original luster with only light highpoint friction. The distinction between EF and AU often determines $20–$40 in value and is worth careful examination under a loupe.

Grade: Uncirculated (MS-60–62)

Mint State Low

Full mint luster with no trace of wear on any highpoint. However, bag marks — abrasions from coin-to-coin contact in Mint bags — are significant and visible across the fields and high points. Liberty's cheek and the eagle's breast are the most vulnerable surfaces. Count and weigh bag marks carefully.

Grade: Gem (MS-65+)

Gem Uncirculated

Exceptional luster — either satiny frosty or bold cartwheel — with only minor, well-scattered bag marks. MS-65 requires strong eye appeal. MS-66 is rare on Philadelphia coins and extremely rare on 1924-S. The 1924-S in Gem is among the great condition rarities of the entire Peace Dollar series; a single MS-66 sold for $54,625.

Pro tip — luster designation: On Peace Dollars, "frosty" luster (soft, satiny appearance) is preferred over bright "flashy" luster for registry-set collectors. The 1924 Philadelphia strike is generally excellent; the 1924-S is often weakly struck at the center, so a well-struck 1924-S with bold eagle breast feathers commands a significant premium above a typical example.

🔍 CoinKnow can match your coin's surface details against graded reference images to help confirm your condition assessment before you sell — a coin identifier and value app.

1924-S Semi-Key Self-Checker

The 1924-S is the most important variety to identify. Work through the comparison cards below, then tick every feature you can confirm on your coin.

Comparison of 1924 Philadelphia Peace Dollar (no mint mark) versus 1924-S San Francisco coin showing S mint mark location

Common — 1924 Philadelphia (No Mint Mark)

No letter visible below the eagle's tail feathers above ONE on the reverse. Mintage: 11,811,000. Generally well-struck with good luster. Worth $65–$160 in circulated to Uncirculated grades. Common enough that it forms the "type coin" for Peace Dollar sets.

VS

Semi-Key — 1924-S San Francisco (With S Mint Mark)

Small S visible below eagle's tail feathers above ONE on the reverse. Mintage only 1,728,000. Often lightly struck at center. Worth $90+ in worn grades, $330+ in Uncirculated, and up to $55,000+ in true Gem condition. One of the condition rarities of the Peace Dollar series.

Check every feature that applies to your coin:

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Free 1924 Silver Dollar Value Calculator

Select your mint mark, condition, and any confirmed errors to get an instant value estimate.

Step 1 — Mint Mark
Step 2 — Condition
Step 3 — Errors / Varieties (check any that apply)

If you're unsure which mint mark, condition, or errors your coin has, there's a 1924 Silver Dollar Coin Value Checker online tool that can help you identify those details before you use this calculator.

Describe Your 1924 Peace Dollar for a Detailed Assessment

Not sure where to start? Type a description of what you see on your coin and our analyzer will give you a tailored assessment.

Mention these things if you can

  • Mint mark (S below eagle, or none)
  • Condition (worn, circulated, lustrous)
  • Any doubling on lettering or devices
  • Die crack or break on the eagle's wing
  • Bar or vertical line near D in GOD WE TRUST

Also helpful

  • Bag marks or contact marks on fields
  • Natural toning vs cleaned appearance
  • Strike sharpness on eagle breast feathers
  • Any prior grading service holder (PCGS/NGC)
  • Where you acquired the coin

Where to Sell Your Valuable 1924 Peace Dollar

The right venue depends on your coin's grade and whether it's attributed. High-grade and VAM coins demand specialized platforms.

🏛️ Heritage Auctions

The premier destination for 1924-S examples, VAM-attributed coins, and any specimen grading MS-63 or better. Heritage has handled the top auction records for 1924 Peace Dollars. Best for coins worth $500+. Submit via their consignment portal; fees typically run 5–15% for sellers. Buyer competition is strongest here for rare varieties.

📦 eBay

The largest buyer pool for circulated and low-to-mid Mint State 1924 Peace Dollars. PCGS or NGC certification dramatically increases buyer confidence and realized price. Before listing, check recently sold prices for 1924 Peace Dollars on this dedicated market tracker to price your coin competitively. Use "completed listings" filters to see what buyers actually paid, not just asking prices.

🏪 Local Coin Shop

Good for quick, in-person transactions on circulated Philadelphia coins worth $65–$110. Dealers typically pay 60–75% of retail for common Peace Dollars to maintain margins. A knowledgeable dealer can also attribute VAM varieties on the spot and give you a fair offer if they recognize the premium. Get at least two offers before committing.

💬 Reddit (r/Coins4Sale)

Ideal for mid-range coins ($50–$300) where you want to avoid auction fees. The community is knowledgeable; many buyers here specifically collect Peace Dollars. Post clear, in-focus photos of both sides plus a closeup of the mint mark area. Transactions are peer-to-peer — use PayPal Goods & Services for buyer and seller protection.

💡 Get it graded first: If your 1924-S looks uncirculated, or your Philadelphia coin shows possible VAM-1A Bar D or VAM-3 Doubled Reverse features, professional grading by PCGS or NGC is worth the cost. A certified 1924-S MS-64 can sell for many times the value of an identical ungraded coin. Only skip grading if the coin is clearly circulated or estimated value is below $200.

Frequently Asked Questions — 1924 Silver Dollar Value

How much is a 1924 silver dollar worth?

A 1924 Philadelphia Peace Dollar in worn circulated condition is typically worth $65–$95, mostly tracking silver melt value. In MS-63 uncirculated condition it can reach $100–$160. The 1924-S semi-key date starts around $90 in circulated grades and climbs steeply in Mint State, where MS-65 examples have sold for over $7,000. Top certified examples have brought more than $54,000 at Heritage Auctions.

What is the 1924-S Peace Dollar worth?

The 1924-S Peace Dollar is a semi-key date with only 1,728,000 struck at San Francisco. In worn circulated grades it brings roughly $90–$110. MS-60 examples command around $330. Gem MS-65 specimens have sold for over $7,000. In MS-66, which is extremely rare, the PCGS auction record stands at $54,625 realized at Heritage Auctions in April 2011. The coin is a condition rarity in Gem and above.

What is the VAM-1A Bar D error on the 1924 Peace Dollar?

The VAM-1A Bar D is a Top 50 Peace Dollar variety on the 1924 Philadelphia issue. It features a vertical bar of raised metal extending from the left side of the letter D in GOD WE TRUST down toward the rim, caused by a die gouge during production. It is recognized by PCGS as a Top 50 variety. Attributed examples in MS-62 have sold around $350, with higher grades commanding premiums above standard pricing.

Where is the mint mark on a 1924 Peace Dollar?

The mint mark on a 1924 Peace Dollar is located on the reverse (back) of the coin, just below the eagle's tail feathers and directly above the word ONE. Philadelphia-struck coins carry no mint mark. San Francisco coins show a small S in that location. Examine under magnification with good lighting, as the mint mark can appear faint on worn examples.

How do I know if my 1924 Peace Dollar is genuine?

Genuine 1924 Peace Dollars weigh 26.73 grams and measure 38.1 mm in diameter with a reeded edge. The coin contains 90% silver. Check the coin's weight with a precision scale — counterfeits often come in light. The lettering IN GOD WE TRVST (using a V for U) is intentional Neo-Latin design, not an error. For high-value specimens, submission to PCGS or NGC is strongly recommended.

What are the most valuable 1924 Peace Dollar errors?

The five most sought-after 1924 Peace Dollar varieties are: the 1924-S VAM-3 Doubled Reverse (Top 50, auction record $1,175 in MS-64); the 1924 VAM-1A Bar D (Top 50); the 1924 VAM-5A Broken Wing; and the 1924 VAM-2 Doubled Reverse (Philadelphia). The 1924 issue has four Top 50 varieties in total, making it a rewarding coin to examine closely under a 10× loupe before selling.

Is the word TRVST on a Peace Dollar a spelling error?

No. The spelling TRVST — using a V in place of U — is an intentional Neo-Latin stylistic choice by designer Anthony de Francisci, reflecting classical Roman lettering conventions. All Peace Dollars from 1921 to 1935 carry this design. It is not a mint error and does not add value to the coin. Many owners discover this and assume they have an error coin, but it appears on every example of the series.

How do I grade a 1924 Peace Dollar at home?

Start with Liberty's hair curls and cheekbone on the obverse — these are the first areas to show wear. On the reverse, check the eagle's breast feathers and the high points of the wings. Worn examples show flat, smooth high points. Circulated coins retain some detail but have visible rub marks. Uncirculated examples show full luster with no trace of wear. A 10× loupe helps distinguish AU-58 from MS-60.

What was the 1924 Peace Dollar mintage?

In 1924, Peace Dollars were struck at two mints. The Philadelphia Mint struck 11,811,000 coins with no mint mark — one of the higher mintages in the series. The San Francisco Mint struck 1,728,000 coins, denoted by an S mint mark. No Denver Mint coins were produced in 1924. The combined total was 13,539,000 coins for the year.

Should I clean my 1924 Peace Dollar before selling?

Never clean a 1924 Peace Dollar. Cleaning removes the original mint luster and leaves microscopic hairlines visible under magnification. Grading services like PCGS and NGC will label cleaned coins as "Cleaned" or "Whizzed," which severely reduces collector value — sometimes by 50% or more. Even a coin that looks tarnished or toned has more collector value in original, uncleaned condition than one that has been polished.

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