In 1926, the output of Silver Dollars at the Philadelphia mint dropped to less than a fifth of the previous year. For that reason alone, some collectors think the 1926 is scarce or worth a premium. In general it is not. Certainly, the population of certified Mint State examples is lower than in 1925, but not to the point where collectors are unable to find nice examples. In fact, thousand of MS-63 and MS-64 examples have been certified by PCGS and even in MS-65, this date is readiuly available. However, in MS-66, the population drops off dramatically and absolutely none have been graded finer by PCGS. Although strike varies, this date can be found with full details and a strong strike. Luster ranges from frosty to brilliant. Collectors seeking quality 1926 Peace Dollars should have no trouble finding nice-looking, well struck examples with a minimum of marks. Anything less should be avoided or discounted.
According to a notice in the June 1934 issue of The Numismatist (p. 416), collectors could still purchase Uncirculated 1926 Peace Dollars directly from the U.S. Treasury for "the face value of the coins and an amount sufficient to cover the mail charrges by first-class mail."
The 1926 Peace Dollar in MS63 or better condition is sought after because only 1,939,000 total coins were minted that year. It's not as readily available as the 1922, when 51,737,000 were minted, but nowhere near as rare as the 1928, when only 360,649 were minted. In fact, in terms of number minted it's right in the middle of the list. It shares everything in common with all the other Peace Dollars in terms of its history. Peace Dollars were minted from 1921 to 1928, and again in 1934 and 1935 (and technically again in 1964, but that's another story). They are a result of the passage of the Pittman Act in 1918, which required the US Mint to strike millions of silver dollars. In 1921 they were still minting Morgan Dollars, but people wanted a new design to commemorate the peace achieved after the tumultuous period known as the Great War, WWI. Thanks to public pressure, the Peace dollar was approved by Treasury Secretary Andrew Mellon in December 1921. It was first struck on December 28, 1921, but they still had time to strike about 1 million with the 1921 year on them. That's about half of what was minted in 1926, and as such the 1921 Peace Dollars in MS63 or better are rarer and usually more expensive. Yet still the 1926 is a great year to add to any collection. And if you're lucky enough to get one in MS63 condition today in 2014 for around $50 to $60, you've made a good deal. But MS63 is just a number - eye appeal is more important. I paid well over that price for a 1926 Peace Dollar which was technically graded at MS63, but because of its beautiful luster and striking aesthetic I think it looked better and was worth more than other coins graded at this level. In the end, it's up to you - what kind of coins you want in your collection, what kind of budget limits you, and what you feel comfortable spending. Rest assured, however, that a 1926 Peace Dollar is a good investment - they're not making any more of them!Read full review
Nice slabbed coin. My first one. This Goin may even grade better in a few years. Case was in nice codified and sealed. Great encounter
Verified purchase: Yes
Older silver coins are a favorite for me. The. Peace dollar definitely fits that category. This particular dollar is of very good quality. I enjoy the Peace dollar because their fine condition. The basic design keeps me coming back for more.
Verified purchase: Yes
THR GRADE OF THE COIN IS WORTH THR BUY.
Verified purchase: Yes
I compared this coin to several PCGS 64 coins I have and it is MS63 or better. Certified coins are a great resource for comparison.
Verified purchase: Yes
Nice coin, all went great with purchase and shipping
Verified purchase: Yes
another in the chest they aint makin any more of em leavin mine to my grandbaby
Verified purchase: Yes
Great calue
Verified purchase: Yes
Not much to say very pleased with the coin I received.
Verified purchase: Yes
Oh yes
Verified purchase: Yes