The 1923-S Peace Dollar MS-61 NGC is a collectible coin from the United States Mint’s iconic Peace Dollar series, introduced to commemorate peace following World War I. Minted in 1923 at the San Francisco Mint, it is identified by the “S” mint mark and represents an important early branch mint issue.
The coin is composed of 90% silver and 10% copper, containing approximately 0.7734 troy ounces of pure silver, combining intrinsic value with historical significance.
This example is graded MS-61 (Mint State 61) by the Numismatic Guaranty Company (NGC), indicating an uncirculated coin with full design details but with more noticeable contact marks, abrasions, or bag marks typical for the grade. Despite this, it retains original mint luster and remains a true uncirculated piece.
The obverse features the elegant Lady Liberty portrait designed by Anthony de Francisci, symbolizing freedom and optimism. The reverse displays a bald eagle perched on a rock with the word “PEACE”, representing stability and hope in the post–World War I era.
With its San Francisco Mint origin, NGC certification, and uncirculated status, the 1923-S Peace Dollar is a solid and affordable addition to any U.S. coin collection or precious metals portfolio, especially for collectors building a complete Peace Dollar set.
