1923 D Peace Silver Dollar NGC AU-58

The 1923 D Peace Silver Dollar NGC AU-58 represents a significant piece of American numismatic history and coinage. This iconic U.S. silver dollar, minted at the Denver facility, showcases exceptional craftsmanship and has been professionally graded by Numismatic Guaranty Company (NGC) at AU-58 (About Uncirculated-58), indicating a coin in outstanding condition with minimal wear. This is an excellent addition to any serious coin collection or investment portfolio.

Coin Specifications

• Year of Manufacture: 1923
• Mint Mark: D (Denver Mint)
• Denomination: One Dollar
• Grade: AU-58 (About Uncirculated)
• Certification: NGC (Numismatic Guaranty Company)
• Composition: 90% Silver, 10% Copper
• Weight: 26.73 grams
• Diameter: 38.1 millimeters
• Edge: Reeded
• Designer: Anthony de Francisci
• Obverse Design: Lady Liberty with radiant crown
• Reverse Design: American Eagle at rest

Historical Background of the Peace Silver Dollar

The Peace Silver Dollar was introduced in 1921 to commemorate the end of World War I and to restore confidence in American coinage following the cessation of silver dollar production in 1904. Designed by renowned sculptor Anthony de Francisci, this coin became an iconic symbol of American prosperity and peace during the 1920s and early 1930s.

The obverse of the Peace Dollar features Lady Liberty in profile, facing left with a radiant crown adorned with a star. Her hair flows gracefully, and the inscription "LIBERTY" appears prominently along the left side. The reverse showcases a majestic American Eagle at rest, perched with wings folded, holding an olive branch in its talons—a powerful symbol of peace and American strength.

The 1923 Denver Mint Production

The 1923 D Peace Silver Dollar was minted at the Denver Mint facility, one of the primary facilities responsible for producing these highly sought-after coins. The Denver Mint, established in 1906, has a distinguished reputation for producing quality American currency. The "D" mint mark, clearly visible on the reverse side of the coin below the eagle's tail feathers, identifies this coin as a Denver Mint specimen.

In 1923, the Denver Mint produced 6,811,000 Peace Dollars, making it a moderately available date in the series. However, finding examples in exceptional condition like this NGC AU-58 specimen is considerably more challenging, as most circulated Peace Dollars show greater wear from extensive use during the economic turbulence of the 1920s and the Great Depression.

Grade Analysis: AU-58 Condition

The NGC AU-58 grade assigned to this 1923 D Peace Silver Dollar indicates that the coin exhibits minimal wear consistent with light circulation. At this grade level, the coin displays nearly all of its original mint luster, particularly in the protected recesses of the design. The high points of Liberty's hair and the eagle's wings may show slight evidence of rubbing from handling, but details remain sharp and well-defined.

An About Uncirculated-58 grade represents an excellent preservation state for a coin of this age and circulation period. The coin's surfaces are clean and attractive, making it an ideal specimen for both collectors and investors. This grade represents that delicate balance between a coin that has seen minimal use while still maintaining authenticity from its era.

Investment and Collectibility

The 1923 D Peace Silver Dollar NGC AU-58 is a highly desirable numismatic investment for several compelling reasons. First and foremost, Peace Silver Dollars remain among the most popular and recognizable U.S. coins collected today. Their design, historical significance, and substantial silver content make them attractive to both seasoned numismatists and new collectors.

The silver composition of 26.73 grams of 90% pure silver provides intrinsic bullion value, while the numismatic premium associated with the 1923 D date and superior AU-58 grade adds considerable collectible value. Professional NGC certification provides authentication and grade assurance, protecting your investment with an independent third-party evaluation.

Silver Content and Bullion Value

Each 1923 D Peace Silver Dollar contains 0.7734 troy ounces of pure silver, derived from its composition of 90% silver and 10% copper. This substantial silver content ensures that your coin maintains an inherent precious metal value beyond its numismatic premium. For investors seeking tangible assets with both historical significance and intrinsic material worth, Peace Dollars represent an excellent choice.

Preservation and Display

NGC certification provides professional encapsulation in a protective holder that preserves the coin's condition for generations to come. The clear, protective slab allows for full appreciation of the coin's beauty while preventing environmental damage from handling, air exposure, and contamination. This certified holder is ideal for long-term storage in a secure location, safe deposit box, or display case.

Perfect for Collectors and Investors

Whether you are an established numismatist seeking to complete your Peace Dollar collection, a new investor entering the precious metals market, or a history enthusiast appreciating American heritage, the 1923 D Peace Silver Dollar NGC AU-58 is an exceptional choice. This coin combines historical significance, beautiful design, precious metal content, and verified quality in one remarkable piece.

Acquire this outstanding 1923 D Peace Silver Dollar NGC AU-58 today and own a tangible piece of American history that continues to appreciate in value.