It would depend on condition and mint mark if you wanted to know what the collectors value would be. I can tell you this. Just the silver in that dollar alone is worth $27.06 as of July 5, 2011.
Assuming the coin has no mintmarks and is circulated. Values are $32.00-$37.00 for this coin. It's a very common date Peace dollar.
Please see the related link below.
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US mint sets were not made till 1936. Check the dates again.
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One dollar.
One dollar.
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