what makes a 1923 silver dollar rare no mint mark

[HarrisonDella]

The provided context from the search results is insufficient to fully answer your question. However, based on general numismatic knowledge, the rarity of a 1923 Peace Silver Dollar with no mint mark is determined almost entirely by its condition, not its mintage.

A 1923 silver dollar with no mint mark was produced at the Philadelphia Mint. It is crucial to understand that the 1923 Philadelphia issue is actually the most common coin in the entire Peace Dollar series, with a mintage of over 30.8 million. In circulated or average condition, this coin is not considered rare and its value is typically based on its silver content.

What makes a specific 1923 Peace Dollar rare and valuable is its state of preservation. A coin that has never been in circulation and remains in pristine, uncirculated condition can be quite scarce. Collectors and investors seek out examples with sharp details, original mint luster, and a lack of scratches or contact marks. The value increases exponentially for coins in the highest Mint State grades, as very few have survived the past century in such perfect condition. Therefore, while the coin itself is common, a high-grade specimen is the exception that would be considered rare.