
The 1928 United States silver dollar is a Peace Dollar, specifically from the Philadelphia Mint. This coin holds a special status in American numismatics as the key date of the entire Peace Dollar series due to its remarkably low mintage. Only 360,649 of these coins were originally struck, making it the rarest coin in the series in terms of production numbers.
The value of a 1928 Peace Dollar is highly dependent on its physical condition or grade. Even in heavily circulated, lower-grade conditions, the coin carries a significant premium over its silver content value. A circulated example might be valued in a range from approximately $150 to over $300.
As the coin's condition improves, its value increases substantially. In uncirculated, or Mint State, conditions, the 1928 Peace Dollar becomes a major rarity, with values escalating dramatically. An uncirculated specimen can be worth several hundred to many thousands of dollars, depending on the specific grade assigned by a professional grading service. Due to this wide range and the coin's rarity, a precise appraisal requires an in-person examination by a qualified coin expert.


