The worth of a 1928 Peace silver dollar is determined by several factors, primarily its condition, mint mark, and silver content. Uncirculated examples, retaining their original luster and showing no signs of wear, command a higher price. Coins minted at specific locations or bearing rare mint marks are also more valuable. The inherent silver within the coin contributes to its base worth, fluctuating with the current market price of silver.
Understanding the factors influencing a Peace dollar’s worth is essential for both collectors and investors. These coins represent a tangible piece of American history and, depending on their condition and rarity, can provide significant financial returns. They offer a glimpse into a specific era of U.S. coinage and represent a store of value influenced by precious metal markets.