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Congress limited total mintages of Peace silver dollars to the number of Morgans melted in 1918. By 1927, that quota was getting near and mintages had dwindled greatly. The 1927-D mintage of just 1,268,900 proved to be the lowest for the Denver Mint in the series. Today, due to attrition and melting, it's estimated that merely 9,100 of the 1927-D Peace silver dollar survive in mint-state quality. That's less than 1% of the original number.
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