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1921 High Relief Peace Dollar obverse
1921 High Relief Peace Dollar reverse
obverse · reverse inset
Peace Dollar· 1921–1928, 1934–1935#4 lowest mintage of 7 key dates

1921 High Relief Peace Dollar Value

1921 High Relief Peace dollar value guide -- the one-year dramatic strike, mintage, and grade-by-grade prices.

Worn to gem uncirculated
$227to$201,495

Condition drives the price — full breakdown below.

Year
1921
Mint
Philadelphia (no mark)
Composition
90% silver, 10% copper
Mintage
1,006,473
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Value by condition

GradeEstimated value
Good$227
Very Good$259
Fine$291
Very Fine$355
Extra Fine$418
About Unc.$510
Unc. (MS-60)$708
Gem Unc. (MS-65)$4,113
Gem Proof (PR-65)$201,495
Priced fromUSA Coin BookRetrieved Aug 21, 2026

How rare is it?

1,006,473 struck — against the other key dates in the Peace Dollar series.

1964-D316,076
1928360,649
1927-S866,000
19211,006,473
1934-S1,011,000
1935-S1,964,000
192251,737,000

Bars are scaled to keep the smallest mintages visible; the exact figure is printed on every row. Mintage is coins struck, not coins surviving — melting and circulation wear thin those numbers further.

Why it matters

01

The only year struck in dramatic high relief -- Liberty's portrait stands out sharply from the field, unlike every later year.

02

The high relief proved impractical for mass production (dies wore out fast, coins didn't stack well) and was flattened to normal relief starting in 1922.

03

First-year type coin for the whole Peace dollar series.

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Other dates and varieties in this series

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Buying a 1921 High Relief Peace Dollar

What to check before you pay, specific to this date and its 1,006,473-coin mintage.

  1. Read the grade before the price

    The same date runs from about $227 worn to $201,495 at the top of the scale — a 888× spread. Nearly all of that gap is condition, not the date on the coin, so work out where an example sits on the table above before deciding whether its asking price is fair.

  2. At this price, buy it certified

    A PCGS or NGC holder settles authenticity and grade in one go, which is most of what you're actually paying for at this level. The premium it adds is small next to the cost of being wrong about either.

  3. Compare sellers, not price guides

    Every Peace Dollar listed here is priced by an individual seller, so the same coin in the same grade can differ by a wide margin on any given day. Sort by price, check Metal Points and order history for a sense of the seller's record, and message them if the photos don't show enough to grade confidently.

Common questions

About the 1921 High Relief Peace Dollar

How much is a 1921 High Relief Peace Dollar worth?

Value depends heavily on condition. A well-worn example brings closer to $227, while an uncirculated one can reach $4,113 or more.

What makes the 1921 High Relief Peace Dollar valuable?

The only year struck in dramatic high relief -- Liberty's portrait stands out sharply from the field, unlike every later year.

Should I get it professionally graded?

For anything you believe is a key date or an error, professional grading protects both buyer and seller by settling condition and authenticity before money changes hands.

Other Peace Dollar key dates

The rest of the series, with what each is worth at the top of the grade scale.


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