 None of the Peace dollar mintages are particularly rare, and A Guide Book of United States Coins (or Red Book) lists low-grade circulated specimens for most years for little more than the coin's bullion value. Two exceptions are the first year of issue 1921 Peace dollar, minted only at the Philadelphia mint and issued in high relief, and the low-mintage 1928-P Peace dollar. The prices for the 1928-P dollar are much lower than its mintage of 360,649 would suggest, because the U.S. mint announced that limited quantities would be produced and many were saved. In contrast the 1934-S dollar was not saved in great numbers so that prices for circulated specimens are fairly inexpensive but mid-grade uncirculated specimens can cost thousands of dollars.
