1928 Peace Silver Dollar

This is a United States Peace Silver Dollar dated 1928, designed by Anthony de Francisci. The coin is composed of 90% silver and 10% copper, with a diameter of 38.1 millimeters. On the obverse, it features the left-facing profile of Lady Liberty wearing a radiate crown, with the inscriptions 'LIBERTY', 'IN GOD WE TRUST', and the date '1928'. The coin is currently housed in a clear protective plastic capsule. The surface shows a dull, greyish patina consistent with silver oxidation over time. In terms of condition, the piece exhibits significant circulation wear: the high points of Liberty's hair and the cheek are flattened, and there are numerous small contact marks and scratches visible across the fields. Notably, there are dark spots of toning or possible debris near the 'S' in 'TRUST' and on the neck. The date is clearly legible, though the strike appears somewhat soft in the central details. The 1928 Philadelphia minting is highly significant to collectors as it represents the lowest mintage of the entire Peace Dollar series, making it a key date for numismatists despite the visible wear and surface marks.

I have examined the digital images of this 1928 Philadelphia-minted Peace Silver Dollar. This specific year is the 'key date' of the series, possessing the lowest mintage at only 360,649 strikes. My visual assessment identifies the coin as being in 'Very Fine' to 'Extra Fine' circulated condition. Significant flattening is present on Liberty’s hair and the eagle's feathers, and the dull grey patina suggests it has been stored in a non-neutral environment, though the surfaces appear original rather than harshly cleaned. The presence of significant contact marks and the dark spotting near 'TRUST' slightly detracts from eye appeal, but the inherent rarity of the 1928 date maintains a high value floor regardless of these defects. Market demand for this specific year remains consistently strong among series collectors. Comparables for mid-grade circulated 1928 dollars generally fall within the $400 to $550 range, whereas common dates in this condition would only command silver bullion value plus a small premium. It is critical to note that the 1928 is one of the most frequently counterfeited coins in the series, often created by removing the mint mark from a 1928-S. My examination via image cannot definitively confirm the lack of microscopic tooling or verify exact weight and metallic resonance. For full authentication and a firm valuation, this coin must be submitted to a third-party grading service like PCGS or NGC to verify it is not a 'de-minted' specimen and to professionally grade its surface integrity.