1928 Silver Dollar Value. Nevertheless, a certified silver ms+ grade, 1929 1928 peace silver, valued at $3,500 was auctioned off. The melt value for the coin is not a fixed price because it depends on the metal spot price.

With the great depression starting to take its toll on the united states economy, the demand for coinage by the american people began to drop. Therefore, the currency has a silver melt value of $17.25. In uncirculated condition the price is around $185 for coins with an ms 60 grade.