1923 Peace Dollar NGC MS63

A 1923 Peace Dollar graded NGC MS63 is a coin certified by the Numismatic Guaranty Company (NGC) to be in Mint State 63 condition. It’s a very common date for the series, but the certification and grade make it a collectible piece.

Value and Mintage

The 1923 Peace Dollar has a high mintage of 30,800,000 from the Philadelphia Mint, making it one of the most common coins in the series. Because of this, it is not considered rare. However, finding a well-struck, original, and certified example in an uncirculated grade like MS63 adds to its value beyond just its silver content.

• The value of a 1923 Peace Dollar NGC MS63 generally falls in the $50 to $80 range, but can be higher depending on factors like eye appeal, toning, and special designations such as “Prooflike” (PL) or “Deep Mirror Prooflike” (DMPL).

Understanding the NGC MS63 Grade

The grade MS63 stands for Mint State 63 on the 70-point Sheldon Scale. A coin with this grade is uncirculated, meaning it has no wear from being in commerce. The number signifies its specific condition.

• An MS63 coin will show some distracting contact marks or scuffs, especially in the open fields of the coin.
• Its original luster may be slightly impaired or uneven.
• This grade is considered a solid, affordable entry point for collectors who want a certified, uncirculated coin for their collection without paying the higher premiums associated with Gem Uncirculated (MS65 or higher) grades.

Certification by NGC

The Numismatic Guaranty Company (NGC) is a leading third-party coin grading service. NGC’s certification guarantees the coin’s authenticity and provides an expert, impartial opinion on its grade. The coin is sealed in a protective, tamper-evident plastic holder, known as a “slab,” which protects its condition and makes it easier for collectors to buy and sell with confidence.