The worth of a United States silver coin minted in 1928, belonging to the Peace dollar series, is subject to variation based on factors such as its condition (graded on a scale reflecting wear and preservation), its mint mark (indicating where it was produced), and current market demand among collectors. For instance, a well-preserved specimen bearing a rare mint mark could command a significantly higher price than a circulated example from a common mint.
Understanding the assessment of these coins requires considering both intrinsic metal content and numismatic factors. The silver content contributes to its base value, which fluctuates with silver market prices. Historical context, including the coin’s production during a period of economic change, and its iconic design as a symbol of peace following World War I, enhance its desirability to collectors, potentially increasing its worth considerably. Rarity, determined by the number of coins initially minted and the number surviving in good condition, also plays a critical role in determining its potential price.
