Q. David Bowers
In the March 1964 issue of The Numismatist, Eureka Coins, Inc., San Francisco; ran an advertisement offering Uncirculated Peace dollars for the following prices. For some time now, the 1934-S had been solidly entrenched as the key issue in the series, with 1928 in second place.
1921 Unc, $26.50.
1922 Unc. $1.50.
1922-D Unc. $3.00.
1922-S Unc. $5.00.
1923 Unc. $1.50.
1923-D Unc, $10.00.
1923-S Unc. $3.50.
1924 Unc. $2.00.
1924-S Unc, $27.50.
1925 Unc. $2.00.
1925-S Unc. $16.00.
1926 Unc, $10.00.
1926-D Unc. $10.00.
1926-S Unc. $6.00.
1927 Unc. $28.50.
1927-D Unc, $17.50.
1927-S Unc. $27.50.
1928 Unc. $90.00.
1928-S Unc. $23.50.
1934 Unc. $35.00.
1934-D Unc, $17.50.
1934-S Unc, $165.00.
1935 Unc. $15.00.
1935-S Unc. $35.00.
The May 1964 issue of The Numismatist carried an advertisement from Band Coin Co. (Dan J. Morafka, who earlier traded as Dan's), San Mateo, California, offering the following Peace dollars in singles and in rolls. Those in roll quantities give an indication of dates available in large numbers in dealers' hands at the time. By this time, dollars were no longer available at face value from the government. The fear of the unknown-the reluctance to stock quantities of dollars lest a hoard of a particular date be released had subsided. From about this point onward, market prices would sort themselves out based upon the actual availability of coins.
1921 Unc. $35.00.
1922 Unc, $2.00, roll $29.00.
1922-D Unc, $4.00, roll $75.00.
1922-S Unc, $6.00.
1923-D Unc, $15.00.
1923-S Unc, $6.00.
1924 Unc, $3.00, roll $50.00.
1924-S Unc, $28.00.
1925 Unc. $2.00, roll $35.00.
1925-S Unc. $17.00, roll $300.00.
1926-S Unc. $6.00.
1935 Unc. $25.00.
1935-S Unc. $30.00, roll $500.00.
The April 1965 issue of The Numismatist included an advertisement from Harry J. Forman, Inc. offering Peace silver dollars in various grades.
1921 VG $10.00, Fine $11.50, VF $13.50, EF $16.50, AU $25.00, Unc. $35.00.
1922-S VF $2.50, EF $2.75, AD $3.50, Unc. $6.00.
1923-S VF $2.00, EF $2.50, AD $3.50, Unc. $7.00.
1924-S VG $5.50, Fine $6.00, VF $6,50, EF $8.50, Unc. $47.50.
1926-S VG $3.00, Fine $3.50, VF $4.00, EF $4.50, AD $5.50, Unc. $12.00.
1927 EF $20.00, AD $25.00, Unc. $32.50.
1928 AD $90.00, Unc, $115.00.
1934 AD $30.00, Unc, $37.50.
1934-S VG $4.00, Fine $7.50, VF $11.50, EF $29.50, Unc, $325.00.
The May 1965 issue of The Numismatist published an advertisement by Harry J. Forman, Inc. for Uncirculated rolls of Peace dollars (20 pieces per roll) as follows. This listing gives a good indication of Philadelphia Mint dates available in quantity on the dealer scene at the time. Quantities of dollars were being dispersed rapidly as bags and rolls were broken up, as the values of individual coins increased sharply. Before long, a roll of 20 1928 Peace dollars would become a thing of which dreams were made.
1922 Unc, $28.00 per roll
1923 Unc. $28.50 per roll.
1925 Unc. $77.50 per roll.
1926 Unc. $300.00 per roll.
1927 Unc. $625.00 per roll.
1928 Unc. $2,100.00 per roll.
1934 Unc. $695.00 per roll.
1935 Unc. $575.00 per roll.
The September 1965 issue of The Numismatist included an advertisement for Redman Coins, Inc., Dayton, Ohio, offering Peace dollars at the following prices.
1921 Unc. $26.75.
1922-D Unc. $4.50.
1922-S Unc. $4.50.
1923-D Unc. $8.75.
1923-S Unc. $4.75.
1924 Unc. $2.75.
1924-S Unc. $36.50.
1925 Unc. $2.50.
1925-S Unc, $19.50.
1926 Unc. $10.00.
1926-D Unc. $12.50.
1926-S Unc. $8.50.
1927 Unc. $26.50.
1927-D Unc. $29.50.
1927-S Unc. $48.50.
1928 Unc. $82.50.
1928-S Unc, $28.50.
1934 Unc. $27.00.
1934-D Unc. $27.50.
1934-S Unc, $250.00.
1935 Unc. $18.00.
1935-S Unc. $29.75.
The March 1966 issue of The Numismatist printed an advertisement from the Coen-Messer Co. (Dan Messer and Joel Coen), New York City, listing these Uncirculated Morgan dollars. At the time a great interest in the market value of silver was sweeping the United States, articles on the rising price of bul-lion were carried in financial as well as popular newspapers, and it was just a matter of time until there would be no such thing as an Uncirculated or even a worn silver dollar anywhere even close to the $2.00 range. In the meantime, such pieces were still available.
1921 Unc. $30.00.
1922 Unc. $2.25.
1922-D Unc. $6.00.
1922-S Unc. $8.00.
1923 Unc. $2.25.
1923-D Unc. $12.50.
1923-S Unc. $8.50.
1924 Unc. $3.50.
1924-S Unc. $47.50.
1925 Unc, $3.50.
1925-S Unc. $25.00.
1926 Unc, $12.00.
1926-D Unc. $15.00.
1926-S Unc. $10.00.
1927 Unc. $30.00.
1927-D Unc. $35.00.
1927-S Unc, $49.00.
1928 Unc. $85.00.
1928-S Unc. $30.00.
1934 Unc. $27.00.
1934-D Unc. $26.00.
1934-S Unc. $225.00.
1935 Unc. $20.00.
1935-S Unc. $32.00.
The September 1966 issue of The Numismatist carried an offering of Peace dollars, marked "Choice brilliant Uncirculated," from Joe Flynn, Sr., Kansas City, Kansas, who was in business with his son, Joe, Jr. The younger Joe was to go on to become very prominent in the field and at one time to serve as president of the Professional Numismatists Guild.
1922-D Choice brilliant Unc. $5.00.
1923-D Choice brilliant Unc, $9.50.
1923-S Choice brilliant Unc. $5.00.
1924-S Choice brilliant Unc, $47.50.
1925-S Choice brilliant Unc, $19.50.
1926 Choice brilliant Unc.$16.00.
1926-D Choice brilliant Unc, $11.75.
1926-S Choice brilliant Unc. $9.50.
1927 Choice brilliant Unc. $29.00.
1927-D Choice brilliant Unc. $29.00.
1928 Choice brilliant Unc. $95.00.
1928-S Choice brilliant Unc. $29.00.
1934 Choice brilliant Unc. $29.00.
1934-D Choice brilliant Unc. $29,00.
1934-S Choice brilliant Unc. $220.00.
1935 Choice brilliant Unc. $21.00.
1935-S Choice brilliant Unc. $75.00.