 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 . 
