1928 Peace Dollar $1 NGC AU58

Key Features:

• Date: 1928
• Mint: Philadelphia (no mintmark)
• Grade: NGC AU58 (Almost Uncirculated 58)
  • An AU58 grade means the coin has slight wear on the highest points, but retains full luster and nearly all details, making it very close to mint condition.
• Obverse Design: Features the iconic profile of Lady Liberty wearing a radiate crown, designed by Anthony de Francisci. The date “1928” is displayed at the bottom.
• Reverse Design: Depicts a bald eagle perched on a rock, clutching an olive branch, symbolizing peace. The words “PEACE” are prominently featured at the bottom of the reverse.
• Composition: 90% silver, 10% copper
• Diameter: 38.1 mm
• Silver Weight: 0.77344 troy ounces of pure silver
• Mintage: Only 360,649, making it the lowest mintage Peace Dollar from the Philadelphia Mint and one of the rarest in the entire series.

Condition and Appeal:

• AU58 Grade: This grade indicates that the coin is extremely close to mint state, with only the faintest signs of wear on the highest points. The overall eye appeal is strong, with most of the original mint luster remaining. Collectors often seek AU58 coins as they offer near-mint quality at a more affordable price than full MS (Mint State) coins.
• Historical Significance: The 1928 Peace Dollar is a key date in the series, being the last regular issue of the Peace Dollar until the 1934–1935 issues. Its low mintage makes it highly desirable for both collectors of the Peace Dollar series and those who focus on key date coins.

Collectibility:

The 1928 Peace Dollar is considered the most sought-after coin in the Peace Dollar series due to its low mintage and scarcity, especially in higher grades like AU58. This coin’s status as the series key date, combined with its near-mint condition, makes it an excellent addition to any collection. Its value continues to appreciate over time, as collectors recognize its historical significance and rarity.

In summary, the 1928 Peace Dollar in NGC AU58 is a valuable and highly desirable coin, offering a balance of near-mint condition and affordability, making it a prime choice for collectors looking to complete their Peace Dollar set or invest in key date coins.