1935 Peace Dollar – What’s it worth?

The 1935 Peace Dollar is a significant coin in the world of numismatics, marking the last year of the Peace Dollar series. This series was struck from 1921 to 1935 and commemorates the end of World War I, symbolizing peace. Designed by Italian-American sculptor Anthony de Francisci, the Peace Dollar is cherished for its distinctive design and historical significance.

1935 Peace Dollar

The obverse of the 1935 Peace Dollar features a left-facing portrait of Lady Liberty, wearing a radiant crown inspired by the Statue of Liberty. The word “LIBERTY” is inscribed above her head, and the phrase “IN GOD WE TRVST” appears below her chin, with the date “1935” at the bottom. The reverse side of the coin displays a perched bald eagle, facing left, with an olive branch in its talons. The words “UNITED STATES OF AMERICA” and “E PLURIBUS UNUM” are inscribed around the edge, along with the coin’s denomination, “ONE DOLLAR.”

The 1935 Peace Dollar is made of 90% silver and 10% copper. It has a diameter of 38.1 mm and a weight of 26.73 grams. Two different mint marks can be found for the 1935 Peace Dollar: the Philadelphia Mint, which has no mint mark, and the San Francisco Mint, which bears an “S” mint mark. The 1935 Philadelphia Peace Dollar has a mintage of 1,576,000 coins, while the 1935-S Peace Dollar has a mintage of 1,964,000 coins.

The value of a 1935 Peace Dollar varies depending on its condition, rarity, and market demand. Lower-grade circulated examples can be worth around $30 to $50, while uncirculated examples can fetch significantly higher prices, with some reaching several hundred dollars or more, especially in higher grades or if they have exceptional eye appeal.

1935 Silver Dollar Prices

These values are a broad range based upon condition of the coin.

Here is a general value list for the 1935 Peace Dollar based on its grade:

  1. Good (G-4): $28 – $30
  2. Very Good (VG-8): $30 – $35
  3. Fine (F-12): $35 – $40
  4. Very Fine (VF-20): $40 – $45
  5. Extremely Fine (EF-40/XF-40): $45 – $55
  6. About Uncirculated (AU-50): $55 – $70
  7. Uncirculated (MS-60): $75 – $90
  8. Choice Uncirculated (MS-63): $120 – $150
  9. Gem Uncirculated (MS-65): $400 – $600
  10. Superb Gem Uncirculated (MS-67): $3,000 – $4,000 or higher

Keep in mind that these values are only a rough guideline and can change over time. The actual value of a specific 1935 Peace Dollar may vary based on factors like its eye appeal, luster, strike quality, and presence of any toning or surface marks. To get an accurate and up-to-date valuation of your coin, it’s recommended to consult a reputable coin dealer or submit it to a professional grading service like the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC).

Known Errors

  1. Doubled Die: As with any coin, the 1935-S Peace Dollar may exhibit a doubled die error, resulting in doubled lettering, numbers, or design elements on either the obverse or the reverse of the coin. These errors occur when the die used to strike the coin has been unintentionally doubled.
  2. Die Breaks and Cuds: Die breaks happen when a portion of the die used to strike the coin breaks or cracks, leading to raised lines or blobs on the coin’s surface. A “cud” error occurs when a larger piece of the die breaks off, leaving a raised, unstruck area on the coin. Die breaks and cuds can appear on any coin, including the 1935-S Peace Dollar.
  3. Clipped Planchet: During the minting process, metal strips are punched out to create coin blanks or planchets. Occasionally, the punching process can overlap, resulting in a planchet with a straight or curved clip on its edge. A clipped planchet error on a 1935-S Peace Dollar can be an interesting addition to a collection and may carry a premium, depending on the size and location of the clip.
  4. Off-center Strikes: An off-center strike occurs when a coin is not properly aligned with the dies during the striking process. This results in a coin with an off-center design, where part of the design may be missing or distorted. Off-center errors on 1935-S Peace Dollars can range from minor to major misalignments, and their value typically increases with the severity of the off-center strike.

Error Example Images

Double Strike
Off Center Strike 5%

Clipped Planchet

Curved Clip Planchet