What is the value of a 1924 us silver dollar?

Answer 1

1924 is not a rare date for Peace dollars. Look on the back of the coin to see if there's a small mint mark letter above the word ONE. It may be blank or there may be an S. (The intertwined A and F on the front of the coin are the designer's monogram and not a mint mark.)

Numismedia lists the following approximate retail values as of 05/2011:

No mint mark (Philadelphia):

Very worn condition - $37

Moderately worn - $38

Slightly worn - $38

Almost no wear - $39

Uncirculated - $46 to $54,380 depending on quality

"S" mint mark (San Francisco):

Very worn - $37

Moderately worn - $40

Slightly worn - $41

Almost no wear - $71

Uncirculated - $192 to $48,750

DISCLAIMER: The retail values quoted are the best available as of the date shown, but may vary significantly due to changes in the precious metals market. Also the wholesale (buying) price of a coin will be less than the selling (retail) price. A reputable coin dealer will be able to give a more accurate valuation based on inspection of the coin.

FAQ's about Peace dollarsIn God We TRVST

The spelling "TRVST" is NOT an error. During the 1920's it was common for artists to use the Latin alphabet. Latin only has 24 letters and uses "V" where modern languages use a "U"

E Pluribus Unum

The motto E Pluribus Unum (Latin for "Out of Many, One") is on ALL $1 coins minted since 1878 so that's not specific enough to ID any one coin.

Silver Eagles

Silver eagles are bullion coins minted since 1986 for sale to collectors but not for spending. Peace dollars were made for use in ordinary circulation just like dimes and quarters.

More: This coin was minted in Philadelphia and San Francisco. Here are the different values according to USA Coin Book:

Philadelphia (no mint mark): $17 in Good condition up to about $27 in MS60 mint condition. MS65 condition can bring in about $163. There were 11,811,000 minted in Philadelphia.

San Francisco (no mint mark): $23 in Good condition up to about $260 in MS60 mint condition. MS65 condition can bring in about $12,250. There were 1,728,000 minted in San Francisco.

Answer 2

Assuming the coin is circulated and has no mintmark, the 1924 Peace dollar is a very common high mintage coin. For an accurate assessment of value the coin needs to be seen and graded. Most coins show a lot of wear. In general retail values for low grade coins are $32.00-$33.00, better grade are $34.00-$35.00 and coins showing almost no wear run from $36.00-$37.00. Values are a market average and only for coins in collectible condition, coins that are bent, corroded, scratched, used as jewleryor have been cleaned have far less value if any to a collector or dealer.