Hello! That's a great question. While the provided text didn't offer specific details, I can certainly explain what determines the value of a 1923 Peace silver dollar based on general coin knowledge.
The value of your 1923 silver dollar is determined by a few key factors, starting with its silver content. Since these dollars are made of 90% silver, they have a base "melt value" that fluctuates with the current price of silver. This means your coin will always be worth at least its weight in silver, which is a nice starting point!
For collectors, however, the most important factor is the coin's condition, also known as its grade. A heavily worn coin that has been in circulation for a long time will typically be worth a little more than its silver melt value. On the other hand, a coin that looks brand new, with no wear and sharp details on Liberty's hair and the eagle's feathers, is considered "uncirculated." These pristine examples are much rarer and can be worth significantly more, sometimes hundreds of dollars, to a collector.
Finally, you'll want to check for a mint mark. The 1923 Peace dollar was minted in three locations: Philadelphia (which has no mint mark), Denver (a "D" mint mark), and San Francisco (an "S" mint mark). You can find this small letter on the back of the coin, below the word "ONE." While 1923 is a very common year for Peace dollars and none are exceptionally rare, there can be slight variations in value between the mint marks, especially in higher, uncirculated grades.
