1923 Peace 90% Silver Dollar MS64 NGC Brown Label

The introduction of the Peace Silver Dollar in 1921 was intended to be a one-year only issue commemorative, but the high relief design was so well-received that the mint lowered the relief and continued to strike the series intermittently until 1935.

The design of the 1923 Peace Silver Dollar reflects sculptor Anthony de Francisci’s intention to create a coin symbolizing the nation’s desire for peace after World War I. On the obverse, the coin features a left-facing profile of Lady Liberty wearing a radiating crown reminiscent of the Statue of Liberty’s rays. The word “LIBERTY” stretches across the top of the coin, while the motto “IN GOD WE TRVST,” using the classical Latin V, is placed to the right. The date 1923 appears centered at the bottom. The reverse depicts a bald eagle perched calmly on a rocky mound, clutching an olive branch and resting rather than poised for attack—a deliberate change from the more militant imagery of the earlier Morgan Dollar. Behind the eagle, the rising sun fills the background with long rays, and the inscriptions “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” and “ONE DOLLAR” frame the central design. The word “PEACE,” carved into the rock below the eagle, gives the series its name and reinforces its theme.

1923 Peace Dollar MS64 NGC Brown Label

The mintage for 1923 (Philadelphia minted but no mint-marks on the coin) Peace Silver dollars is 30,800,000; it was the first year of consistent, large-scale production in the series. Certified by NGC to be in Mint State 64 condition, the coin is a high-quality uncircualted coin, offering strong luster with only moderate imperfections. It shows no wear from circulation, but it falls slightly short of gem quality.