What Is a 1923 Liberty Silver Dollar?

A 1923 Liberty silver dollar is part of the Peace Silver Dollar design set, featuring the bust of Lady Liberty on the obverse side and a right-facing bald eagle on the reverse side. Coin Trackers states that the coin has a face value of $1, and is made of 90 percent silver, containing a total of .77 troy ounces.

A total of 30.8 million coins were produced by the U.S. Mint at facilities in Philadelphia, Denver and San Francisco. As of 2014, Coin Study estimates that collectors are paying up to $59.48 for an uncirculated coin with a Denver mint mark, $45.99 for an uncirculated coin with a San Francisco mint mark and $38.35 for an uncirculated coin with no mint mark, indicating that the coin was minted in Philadelphia. Based on a market price of $20.95 per troy ounce of silver, the coin is worth approximately $26.

The U.S. Mint produced Peace Silver Dollars from 1921 to 1935. For coin collectors, the most sought after coins are those dated either 1921 or 1928. The coin was designed by Anthony de Francisci, and it originally included a broken sword to symbolize peace before it was removed due to public outcry. The coin was designed to commemorate peace after World War I.