In 1926, the output of Silver Dollars at the Philadelphia mint dropped to less than a fifth of the previous year. For that reason alone, some collectors think the 1926 is scarce or worth a premium. In general it is not. Certainly, the population of certified Mint State examples is lower than in 1925, but not to the point where collectors are unable to find nice examples. In fact, thousand of MS-63 and MS-64 examples have been certified by PCGS and even in MS-65, this date is readiuly available. However, in MS-66, the population drops off dramatically and absolutely none have been graded finer by PCGS. Although strike varies, this date can be found with full details and a strong strike. Luster ranges from frosty to brilliant. Collectors seeking quality 1926 Peace Dollars should have no trouble finding nice-looking, well struck examples with a minimum of marks. Anything less should be avoided or discounted.
According to a notice in the June 1934 issue of The Numismatist (p. 416), collectors could still purchase Uncirculated 1926 Peace Dollars directly from the U.S. Treasury for "the face value of the coins and an amount sufficient to cover the mail charrges by first-class mail."