Price Guide for 1928 Dollar Variants

This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.

1928 Dollar (Regular Strike)
  • 3rd Party Price
    Circulated: $79.00 – $3,100.00
    Uncirculated: $3.00 – $129,250.00
  • eBay
    Circulated: $38.95 – $1,039.00
    Uncirculated: $37.00 – $5,000.00
  • PCGS Price Guide
    Circulated: $185.00 – $510.00
    Uncirculated: $525.00 – $80,000.00
1928-S Dollar (Regular Strike)
  • 3rd Party Price
    Circulated: $18.00 – $22,000.00
    Uncirculated: $2.50 – $78,000.00
  • eBay
    Circulated: $17.02 – $1,725.00
    Uncirculated: $9.99 – $17,495.00
  • PCGS Price Guide
    Circulated: $26.00 – $240.00
    Uncirculated: $250.00 – $88,000.00
1928-S Dollar VAM 3 Doubled Motto (Regular Strike)
  • 3rd Party Price
    Circulated: $74.00 – $216.00
    Uncirculated: $176.00 – $1,380.00
  • eBay
    Circulated: $21.50 – $450.00
    Uncirculated: $224.99 – $1,100.00
  • PCGS Price Guide
    Circulated: $135.00 – $300.00
    Uncirculated: $305.00 – $15,000.00
1928-S Dollar GSA Hoard (Regular Strike)
  • 3rd Party Price
    Circulated: $968.40
1928-S Dollar VAM 1 (Regular Strike)
  • eBay
    Circulated: $63.00 – $66.00
    Uncirculated: $230.00 – $1,893.00
1928-S Dollar VAM 2 (Regular Strike)
  • eBay
    Circulated: $52.00
  • PCGS Price Guide
    Uncirculated: $12,500.00

Design and Specifications of the 1928 Dollar

The 1928 Peace Dollar is a significant coin in the Peace Dollar series, which was minted from 1921 to 1935. It was designed by Italian-American sculptor Anthony de Francisci, featuring Lady Liberty on the obverse and a perched eagle on the reverse.

The year 1928 is particularly notable as it saw the lowest mintage of any Peace Dollar in the series for circulation strikes, making it a key date for collectors. This low mintage was due to a reduced demand for silver dollars in circulation at the time.

Weight 26.73 grams
Diameter 38.1 mm
Mint Marks No mint mark (Philadelphia)
Composition 90% silver, 10% copper
Obverse Design Liberty head (Peace Dollar design), designed by Anthony de Francisci
Reverse Design Perched bald eagle with 'PEACE' inscription, designed by Anthony de Francisci

Rarity Factors and Value Drivers

The condition of a 1928 Peace Dollar significantly impacts its value. Due to its low mintage and status as a key date, even circulated examples command a premium. Uncirculated specimens are highly sought after and can be quite valuable.

Strike quality is particularly important for this issue, as many 1928 Peace Dollars were weakly struck. Coins with strong, full strikes are more desirable and valuable. Luster is another crucial factor, with coins displaying full, original mint luster being most prized by collectors.

Philadelphia (No mint mark)

Mintage: 360,649

Rarity Scale: Rare

Circulation Status: Limited Circulation

Preservation Rarity: Extremely rare in grades MS65 and above

Varieties Errors: None significant

Market Demand: High, due to its key date status and low mintage

Toning can add to the value of a 1928 Peace Dollar if it’s attractive and natural. However, most collectors prefer untoned, brilliant examples for this series.

The 1928 Peace Dollar’s rarity in high grades makes it a condition rarity. Examples in MS65 or higher are extremely scarce and command significant premiums. The survival rate of high-grade specimens is low, further enhancing their value.

As a key date in the series, the 1928 Peace Dollar is an essential coin for complete sets, which maintains strong demand and value even in lower grades.

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