The monetary worth of a 1923 Peace silver greenback, like all numismatic merchandise, is decided by a number of components. These main determinants embrace the coin’s situation, mint mark (or lack thereof), and general demand within the collector market. Uncirculated examples typically command increased costs than these exhibiting put on, whereas particular mint marks, just like the “S” mint mark from San Francisco, can enhance its value.
This coin holds significance because of its historic context as a part of the Peace Greenback sequence, launched to commemorate the top of World Conflict I. Its silver content material contributes to its intrinsic worth, performing as a baseline even when the coin is in worn situation. Shortage, notably in increased grades, is a significant driver for elevated costs and intense curiosity amongst collectors. The design, that includes Girl Liberty on the obverse and an eagle on the reverse, embodies a pivotal interval in American historical past.