1924 Silver Dollar Value Checker: Errors List, “S” & No Mint Mark Worth

1924 Silver Dollar value ranges from $1.00 face value to $54,625. That record price was paid at Heritage Auctions in November 2005 for a near-perfect MS-68 graded example — one of the finest known. To find out what yours might be worth, upload a photo of your coin below and get a quick value range. Then scroll down to see what 1924 Silver Dollars are actually selling for on eBay right now.

 

1924 Silver Dollar Value By Variety

Two mints struck the 1924 Peace Dollar — Philadelphia and San Francisco. If you know the grade, use the Value Guides section below for exact pricing.

Also Read: Top 30+ Most Valuable Peace Dollars Worth Money

 

Top 10 Most Valuable 1924 Silver Dollar Worth Money

The 1924 Philadelphia MS-68 and the 1924-S MS-66 both hit $54,625 — but that matching number is misleading. Philadelphia needed an MS-68 to get there. San Francisco pulled it off two full grade points lower. That tells you everything about how tough the S-mint coin really is in high grades.

Prices fall off a cliff below MS-65 on the 1924-S. You’re looking at $12,000 at Gem, then $4,200 at MS-64 — a 65% drop across a single grade point. That kind of steep slide means there just aren’t many coins at the top. Each grade boundary is a real scarcity wall.

The VAM varieties — the 5A Broken Wing and the VAM 3 Doubled Reverse — sit in the mid-tier, trading between $1,175 and $2,233. Specialist demand drives those prices, not mainstream collector interest, so they can be harder to pin down.

 

History of The 1924 Silver Dollar

The backstory starts with World War I. Congress passed the Pittman Act of 1918, authorizing the melting of up to 350 million silver dollars for sale to Britain. The catch: the government had to restrike an equal number from domestically mined silver.

Recoinage kicked off in 1921 with the Morgan Dollar, but the public wanted something new. Treasury Secretary Mellon approved the Peace Dollar to mark the official end of hostilities with Germany. The original high-relief design looked stunning but chewed through dies, so the Mint flattened the fields for mass production.

By 1924, the big production push of 1921–1923 was over. Philadelphia struck 11,811,000 coins. San Francisco managed just 1,728,000. Denver sat the year out entirely. Here’s a fun detail: designer Anthony de Francisci’s wife Teresa was the model for Liberty — she’d posed like the Statue of Liberty as a child when her immigrant ship sailed past it. The 1924 date marks the turning point in the series — still easy to find circulated, but the supply squeeze that fuels today’s premiums had already begun.

Also Read: Top 100 Rarest Silver Dollar Coins Worth Money (Most Expensive)

 

Is Your 1924 Silver Dollar Rare?

The mint mark on your 1924 matters more than you’d think. Philadelphia coins survive by the millions. The S-mint? Roughly 60,000 total across all grades. That’s a huge gap from the same year. Even a beat-up 1924-S is scarcer than a nice Philadelphia coin. For a quick rarity check on your specific piece, try the Coin Identifier and Value App.

 

Key Features of The 1924 Silver Dollar

Knowing what to look for on this coin helps you spot varieties, grade accurately, and catch details that affect value. Here’s what you’ll see when you examine one closely.

The Obverse Of The 1924 Silver Dollar

Liberty faces left, wearing a radiate crown with hair flowing freely beneath it. De Francisci modeled the portrait on his wife, Teresa Cafarelli — an Italian immigrant who, as a little girl, had mimicked the Statue of Liberty’s pose as her ship passed it entering New York Harbor. The crown deliberately echoes that statue, not classical Roman imagery.

Look at the motto IN GOD WE TRUST. It runs in a straight horizontal line, split by Liberty’s neck — an unusual layout that gives the obverse a cleaner, more modern feel than the old Morgan design. The date 1924 sits at the bottom, with LIBERTY arcing above.

The Reverse Of The 1924 Silver Dollar

Flip it over. De Francisci submitted two reverse concepts: an eagle aggressively snapping a sword, and an eagle at rest holding an olive branch. The peaceful version won.

The eagle perches on a rock above a rising sun — you can see the rays, but the sun itself stays below the horizon. It’s a subtle touch: peace dawning, not yet fully arrived.

Notice what’s missing. No arrows of war. Earlier American eagles always clutched them. The word PEACE appears on the rock, and UNITED STATES OF AMERICA arcs along the rim above.

Other Features Of The 1924 Silver Dollar

The 1924 Silver Dollar is struck in 90% silver and 10% copper, weighing 26.73 grams with a diameter of 38.1 mm and a reeded edge.

Its silver content amounts to 0.77344 troy ounces — enough that even a heavily worn example carries real melt value regardless of grade.

The mint mark, when present, appears on the reverse below the eagle’s tail feathers: an “S” for San Francisco, or absent entirely for Philadelphia.

Also Read: Top 100 Most Valuable Morgan Silver Dollar Coins Worth Money List

 

1924 Silver Dollar Mintage & Survival Data

Philadelphia’s 11,811,000 mintage sounds big. But a 30.48% survival rate means roughly seven out of every ten coins are gone — melted, lost, or worn into oblivion over the past century. Still, about 3.6 million survivors keep the Philadelphia issue affordable at most grade levels.

San Francisco is a different story entirely. Only 1,728,000 were struck, and a survival rate of just 3.47% leaves an estimated 60,000 coins total. Spread that across every grade from slick AG to Gem Mint State, and you’re looking at hundreds — not thousands — of certified examples above MS-63. That’s the real reason the 1924-S commands such a premium. Low mintage is one thing. Low survival is a completely different kind of rare.

Also Read: Top 20+ Most Valuable Eisenhower Dollars Worth Money

 

The Easy Way to Know Your 1924 Silver Dollar Value

1924 Silver Dollar Value Guides

1924 No Mint Mark Silver Dollar Value

Most people write this one off as common. They’re wrong. Among the four workhorse Philadelphia Peace Dollar dates — 1922, 1923, 1924, and 1925 — the 1924 is actually the toughest across all Mint State grades. But its “common date” reputation keeps prices lower than the certified populations justify.

Strike quality runs above average for the series. Luster varies from soft and frosty to bright and flashy, so cherry-picking at MS-63 and above really pays off.

The population thins out fast above MS-66. The series ceiling was set in November 2005 when an MS-68 brought $54,625 at Heritage Auctions — a record that’s held for two decades now.

Every confirmed sale of the 1924 No Mint Mark Dollar, plotted by grade and date, is captured in the auction record chart below.

 

1924-S Silver Dollar Value

How tough is this coin really? The mintage isn’t the problem — it’s what happened afterward. San Francisco was running worn dies with inconsistent strike pressure, so most survivors show flat spots on Liberty’s hair and the eagle’s feathers. A well-struck example commands a premium way beyond what the Sheldon number alone would suggest.

At MS-66, only seven coins have been certified across PCGS and NGC combined as of mid-2025. Seven. That scarcity has pushed prices steadily upward: one NGC MS-66 sold for $16,387 in 1999, then resurfaced at $28,800 in 2021. A PCGS MS-66 CAC example from the Paul Taylor Collection brought $54,625 in April 2011. When the same coin keeps climbing at successive sales, that’s real scarcity — not hype.

I think the 1924-S is one of the most underappreciated semi-keys in the Peace Dollar series.

The auction record chart below maps every major sale of the 1924-S — a price history that doubles as a rarity document.

Also Read: 17 Rare Dollar Coin Errors List with Pictures (By Year)

 

Rare 1924 Silver Dollar Error List

Errors often increase the 1924 silver dollar value, but it depends on their type, size, and part of the coin surface where they occur. Besides numerous minor imperfections, you can find some highly collectible pieces. Let’s take a look.

1. 1924 VAM 1A Bar D

This is one of the best cherrypicking targets in the entire 1924 series. Look at the word GOD on the obverse — there’s a raised vertical die gouge running from the letter D down toward the rim. It’s clean and consistent, easy to spot under 10x magnification even on lightly worn coins. You won’t confuse it with die deterioration.

PCGS has only four examples graded at MS-65, with nothing higher. That’s a remarkably thin ceiling for a Top 50 variety on a date with over 11 million struck. The auction record sits at $600 for an MS-64 sold on eBay in January 2023 — and honestly, that probably undervalues the variety since attributed examples rarely show up in major numismatic auctions. Unattributed Bar D coins are still sitting in dealer stock at generic 1924 prices. If you know what to look for, this is a realistic find.

2. 1924 VAM 2 Doubled Reverse

Can you tell the difference between hub doubling and machine doubling? It matters here. The VAM 2 shows true hub doubling on the reverse, with visible splits across the upper and lower left rays behind the eagle. Use 10x magnification with a single directional light source. The doubling stays distinct at all angles — machine doubling shifts and flattens when you rotate the coin.

The record stands at $852 for an MS-64 at Heritage Auctions in February 2014. At lower Mint State grades, unattributed examples are still floating around in bulk silver lots and dealer trays. The date is common enough that patient searching gives you decent odds.

3. 1924 VAM 5A Broken Wing

You don’t even need a loupe for this one. A heavy, semicircular die break cuts right through the eagle’s wing on the reverse — visible to the naked eye on well-preserved coins. That makes it popular well beyond the hardcore VAM crowd.

NGC has attributed only 47 examples. That’s genuinely scarce despite the Philadelphia issue’s huge overall mintage. Auction results range from $257 at MS-64 up to $2,233 for an MS-67 from the Sweet Bloomfield Collection. The die break has to remain fully defined and the luster intact for a coin to reach the upper end of that range. CAC-approved examples at MS-64 pop up periodically through David Lawrence Rare Coins and consistently pull premiums above standard Top 50 pricing.

4. 1924 VAM 8A Extra Hair

Look above Liberty’s ear on the obverse. You’ll see raised wispy lines that don’t match the standard hair design — extra die lines from die reworking or a hub transfer anomaly. You need magnification and familiarity with the normal hair pattern to spot it, which keeps plenty of examples unattributed in the wild.

That’s exactly where the opportunity is. Lower-grade uncirculated pieces typically sell in the $75 to $150 range depending on how visible the extra hair is. Correctly attributed MS-64 examples have reached $552 at Heritage Auctions. The VAM 8A also carries Elite 30 recognition on certain slab labels — a bonus for registry set builders chasing the full 1924 variety set.

5. 1924-S VAM 3 Doubled Reverse

This is the toughest coin in the 1924 VAM set. You’re combining an already scarce 1924-S base coin with a dramatic doubled reverse — doubling is most visible on the eagle’s feathers around the wing and body areas.

An MS-64 specimen reached $1,175 at Heritage Auctions in 2016 — more than double a standard 1924-S MS-64 price. Correctly attributed circulated survivors are even rarer. We consider this the crown jewel for anyone building a complete 1924 VAM collection. The compounding scarcity — low-survival semi-key date plus Top 50 attribution — creates a coin that generic S-mint examples simply can’t match.

 

Where to Sell Your 1924 Silver Dollar?

Now that you’ve determined your 1924 silver dollars’ worth, are you wondering about the best online platforms to sell them? I’ve got you covered with a comprehensive guide to these websites, complete with detailed descriptions, advantages, and drawbacks.

Check out now: Best Places To Sell Coins Online (Pros & Cons)

 

1924 Silver Dollar Market Trend

*Market Trend Chart showing the number of people paying attention to this coin.

 

FAQ about 1924 Silver Dollar

1. How can I tell if my 1924 Peace Dollar is from Philadelphia or San Francisco?

Flip the coin over and look below the eagle’s tail feathers, above the word ONE. A small “S” means San Francisco. No letter means Philadelphia. The “S” can be faint on worn coins, so grab a magnifying glass and use good lighting.

2. Is the 1924 Silver Dollar made of real silver?

Yes. Every 1924 Peace Dollar contains 90% silver and 10% copper, with a total weight of 26.73 grams. The actual silver content is 0.77344 troy ounces per coin. Even a beat-up example has real melt value tied to the current silver spot price.

3. Why is the 1924-S so much more expensive than the Philadelphia version?

Survival rates. Philadelphia has a roughly 30% survival rate — millions of coins still exist. The 1924-S survival rate is just 3.47%, leaving an estimated 60,000 coins across all grades. Far fewer are in collectible condition. Add the typical strike weakness from San Francisco’s worn dies, and a well-struck, high-grade example becomes genuinely hard to find.

4. What does MS-65 mean, and why does it matter so much for the 1924-S?

MS-65, or Gem Mint State, means full original luster with only minimal contact marks visible under magnification. For the 1924-S, the jump from MS-64 to MS-65 is dramatic — from around $4,200 to $12,000 — because the certified population drops off a cliff at that point. Each grade step above MS-63 on this coin is a real scarcity wall.

5. What is a VAM variety, and should I check my 1924 dollar for one?

VAM stands for Van Allen and Mallis, the authors who catalogued die varieties in Morgan and Peace Dollars. A VAM variety comes from a die with a distinctive anomaly — doubling, a die gouge, or a die break. The 1924 has five notable VAMs, four with Top 50 status. If your coin grades MS-62 or above, grab a 10x loupe and check it before selling. An attributed Top 50 variety can multiply the value significantly.

6. My 1924 dollar looks worn. Is it still worth anything?

Absolutely. A circulated 1924 Philadelphia dollar trades at or slightly above silver melt value, which moves with the spot price. Even heavily worn, you’ve got 0.77344 troy ounces of silver. The 1924-S in circulated grades pulls a modest premium above melt thanks to lower survival numbers.

7. The 1924 Peace Dollar shows “TRVST” instead of “TRUST.” Is that an error?

Nope. Anthony de Francisci used the Latin convention of substituting V for U in IN GOD WE TRVST. Every Peace Dollar from 1921 through 1935 has it. No premium whatsoever.

8. How do I know if my 1924 Silver Dollar is genuine?

A genuine 1924 Peace Dollar should weigh exactly 26.73 grams, measure 38.1 mm in diameter, and have a reeded edge. Silver isn’t magnetic, so a strong magnet screens out base metal fakes quickly. Under magnification, cast counterfeits show mushy detail and tiny surface pores. For any coin you think might be worth more than $200, send it to PCGS or NGC for professional authentication.

9. Does cleaning a 1924 Silver Dollar affect its value?

Hugely. Cleaning strips original luster and leaves hairlines any experienced grader will catch instantly. A cleaned coin gets a “details” designation from PCGS or NGC instead of a clean numerical grade, and typically sells for 30–60% less than an unaltered example at the same apparent grade. Natural toning and original surfaces — even dark or uneven — always beat a cleaned coin.

10. Is now a good time to buy a 1924 Silver Dollar as an investment?

The Philadelphia issue offers a low-risk entry point since its price floor is anchored to silver melt value. The 1924-S makes a stronger long-term case: a 3.47% survival rate, consistent auction appreciation at top grades, and growing recognition as a semi-key date. Condition is everything, though. Mid-grade examples appreciate slowly. High-grade slabbed coins have shown real price growth across successive auction appearances. Buy the best example your budget allows.