1934 S Peace Dollars $1 (One Dollar) Mint Strike
| Sub Type | Coins |
| Country | United States of America |
| Denomination | $1 (One Dollar) |
| Series | Peace Dollars |
| Year | 1934 |
| Mint | San Francisco |
| Production Type | Mint Strike |
| Diameter | 38.10 |
| Weight | 26.73 |
| Type | Coins |
| Material | Silver 90% |
| Mintage | 00 |
| Currency | USD |
| Mint Mark | S |
| Currency Amount | 1.00 |
| Year Display | 1934 |
| Height | 0.00 |
| Width | 0.00 |
US 1934-S Peace Dollar: A Numismatic Treasure
The 1934-S Peace Dollar is a highly sought-after coin among collectors and investors. Minted in San Francisco, this coin is part of the last series of Peace Dollars produced from 1921 to 1935. The Peace Dollar series was created to commemorate the end of World War I, symbolizing peace and prosperity.
Design and Historical Significance
The Peace Dollar features a striking design by Anthony de Francisci. The obverse depicts Lady Liberty with a radiant crown, while the reverse showcases a majestic bald eagle perched on a rock, clutching an olive branch, symbolizing peace. The 1934-S Peace Dollar, like others in the series, is composed of 90% silver and 10% copper, giving it intrinsic precious metal value.
Rarity and Value in High Grades
The rarity and value of the 1934-S Peace Dollar are significantly influenced by its condition. High-grade examples of this coin are particularly scarce and command a premium in the numismatic market. The following factors contribute to its desirability and value:
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Low Mintage and Survival Rates: While the 1934-S Peace Dollar had a relatively modest mintage of 1,011,000 coins, far fewer have survived in high grades. Many were circulated heavily, leading to considerable wear and tear.
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Condition and Grading: Coins are graded on a scale from 1 to 70, with higher grades indicating better condition. The 1934-S Peace Dollar in grades MS65 (Mint State 65) and above is extremely rare. Coins in these grades exhibit sharp details, minimal contact marks, and excellent luster.
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Market Demand: Collectors and investors highly prize high-grade Peace Dollars, particularly from the San Francisco Mint. The demand for these well-preserved coins drives their market value higher.
Premium Values for High-Grade 1934-S Peace Dollars
- MS65 and Above: Coins graded MS65 or higher can fetch significant premiums. These coins often sell for thousands of dollars at auctions and in private sales due to their scarcity and desirability.
- Factors Affecting Price: The price of a high-grade 1934-S Peace Dollar can be influenced by its eye appeal, strike quality, and market trends. Coins with exceptional toning or proof-like surfaces can command even higher premiums.
Investment and Collecting
The 1934-S Peace Dollar is not only a beautiful piece of American history but also a valuable asset for collectors and investors. Its rarity in high grades makes it a cornerstone of any serious numismatic collection. As with any investment, it's crucial to purchase coins from reputable dealers and ensure proper grading by recognized authorities like the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC).
In summary, the 1934-S Peace Dollar is a numismatic gem, with high-grade examples being particularly rare and valuable. Its historical significance, combined with its scarcity and beauty, makes it a prized addition to any collection or investment portfolio.