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1921 High Relief Peace Dollar Value

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

1921 High Relief Peace Dollar obverse
1921 High Relief Peace Dollar reverse
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Year
1921
Mint mark
None (Philadelphia)
Composition
90% silver, 10% copper
Mintage
1,006,473

Current value

Grade
Estimated 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
Source: USA Coin Book, https://www.usacoinbook.com/coins/dollars/peace/ (master price table, numismatic data last updated February 2026, retrieved 2026-08-21)

Why it matters

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

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.

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

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Buying a peace dollar

Condition drives price more than any other factor on a coin like this — two examples of the same date can be worth very different amounts depending on wear and authentication.

Grade before you price it

The value table above is organized by grade for a reason — a coin's condition, not just its date, sets where it lands on that range. If you're not sure how to grade, a seller's photos and description should call it out.

Check for authentication

A professionally graded (PCGS/NGC) example carries more certainty than a raw coin, and usually a small premium for it. Both are fine to buy — just factor grading into the price you're comparing.

Compare a few listings

Prices vary between individual sellers here, not one retailer's price list. Sort by price, check the seller's Metal Points and order history, and message the seller if photos don't show enough detail 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.


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