1923 United States Peace Silver Dollar

This is a United States Peace Silver Dollar, dated 1923, designed by Anthony de Francisci to commemorate the end of World War I. The obverse features the left-facing profile of Liberty wearing a radiant crown, modeled after the artist's wife, Teresa de Francisci. Encircling the figure are the inscriptions 'LIBERTY' and 'IN GOD WE TRVST' (the 'V' was used intentionally as a classical Latin styling), along with the date 1923 at the base. This numismatic specimen is composed of 90% silver and 10% copper, with a standard diameter of 38.1 mm and a weight of 26.73 grams. The coin exhibits a natural metallic luster typical of silver, though some surface clouding and minor contact marks are visible through the plastic capsule. Notably, the portrait shows characteristic soft wear on the hair above the ear and the tips of the crown, suggesting an About Uncirculated (AU) grade or high-end Choice Very Fine. No prominent scratches or deep gouges are observed on the obverse. The item is currently secured within a clear hard plastic protective capsule and a secondary polyethylene bag to prevent environmental oxidation and physical abrasion. The overall craftsmanship reflects the high relief standards of the early 20th-century U.S. Mint production.

I have conducted a visual examination of this 1923 Peace Silver Dollar. Based on the provided imagery, the coin appears genuine, exhibiting the correct high-relief characteristics and 'V' substitution in 'TRUST' indicative of Anthony de Francisci’s design. The 1923 Philadelphia minting is the most common date in the series, with over 30 million struck. I observed a natural mint luster with minor surface clouding and slight wear on the high points of Liberty’s hair and the eagle's wing feathers. I would grade this specimen in the About Uncirculated (AU-55 to AU-58) range. The market for Peace Dollars is currently driven primarily by the spot price of silver and high demand from 'stackers' and type-set collectors. Current auction comparables for an AU-grade 1923 specimen consistently fall within the $35 to $45 range. Its value is limited by its high mintage and the lack of a 'S' or 'D' mint mark, which would command a premium. Note that this appraisal is based solely on digital images. A physical inspection is required to verify weight, diameter, and specific gravity to rule out sophisticated contemporary counterfeits. Furthermore, professional third-party grading by PCGS or NGC would be necessary to confirm the exact numerical grade and surface integrity, as the plastic capsule may obscure fine hairlines or evidence of past cleaning which would significantly lower the numismatic premium.