The 1924 Peace Dollar is a common date, nearly on par with the 1925 in terms of overall mintage, but not nearly as common as the 1922 and 1923. Collectors will have no difficulty finding a high-grade example of this date. Most of the certified Mint State examples fall into the MS-64 category, followed closely by the MS-63 category. Even Gems are relatively common, especially in MS-65, and the big drop-off in the population comes at the MS-67 level. Luster on the 1924 Peace Dollar ranges from soft, frosty (almost granular surfaces) to a bright, flashy luster. Generally, the strike is good, with none of the weakness associated with coins from the Denver and San Francisco mints (especially the latter). The overall eye appeal and above-average quality of the 1924 Peace Dollar make it an excellent choice for type collectors.
According to the June 1934 issue of The Numismatist (p. 416), collectors could still purchase Uncirculated 1924 Peace Dollars for "the face value of the coins and an amount sufficient to cover the mail charrges by first-class mail."