Can you Value my Counter Stamped Silver Ike Dollar?

MJ1927

I recently came into possession of this counterstamped Proof 40% Ike Dollar. It is part of a number of counter stamps issued by Mel Wacks, and features the first woman Supreme Court Justice, Sandra Day O'Connor. Only 500 were made, and although I have seen other counterstamps from Mel Wacks on eBay will higher mintages, I cannot find the Sandra Day O'Connor mint anywhere. I know that they are worth a premium above their melt value, but have no idea how much they're worth. Any help or advice would be much appreciated as I am looking to sell it, but am not sure what I could get for it!

Thanks

TurtleCat

Welcome to the forum!

I couldn’t find that particular one but similar limited issue ones from Mel Wacks seemed to go for $70-120 from what I could find while searching.

Probably your best bet is to auction on eBay.

segoja

$100-150

AUandAG

Although they are a limited issue, there are also limited collectors. My WAG is $75 plus or minus. Welcome.

bob

Outhaul

About $75 - $90

coinkat

Consider keeping it

JBK

I'd guess 50 to a 100 but we're all in the same general ballpark. (The low end is on a bad day, and 100 is by no means a firm upper limit).

Mintages are a bit misleading on these as he often/usually did not strike the entire mintage. So, look at availability. I tend to see.more of the Olympic ones than any others.

Yours looks to be in great shape with similar condition case, so it is a nice one all around.

291fifth

I don't recall having seen that one before. It's a very nice example. While I find them interesting, my interest in them at the price levels being suggested in this thread would wane quickly.

Zoins

If it's more rare, as it seems from the comments, it may be worth more.

I wonder if anyone has started a custom Registry Set of these.

1630Boston

Here is an informative site re Mel R. Wacks counterstamps http://www.tokenandmedal.org/Journal/Journal_files/Counterstamped_Coins_of_Mel_Wacks.pdf

This was the inspiration for another counterstamped coin, with a maximum issue of 500.
The design features a standing portrayal of a blindfolded representation of Justice holding scales in one hand and a sword in the other; the inscription is “SANDRA DAY O’CONNOR EQUAL JUSTICE UNDER LAW 1981” plus the designer’s initials “MRW.”
The coins used were Proof 1971 Eisenhower Silver Dollars.
During her 25-year tenure, O’Connor was regarded as the Court's leading centrist, and was the swing vote in many cases; this made her the most powerful justice for many years.
In 2001, the Ladies' Home Journal ranked her as the second-most-powerful woman in America.

MW15 “SANDRA DAY O’CONNOR EQUAL JUSTICE UNDER LAW 1981”

Jimnight

Nice coin.

ricko

@MJ1927....Welcome aboard....Very nice coin... I would probably buy one if seen at a show....Cheers, RickO

291fifth

Beware of that red foam material the coin is resting on. That type of foam can damage into the surface of the coin over time.

PerryHall

@coinkat said:
Consider keeping it

Perhaps he wants to sell it to get some cash to buy another coin that he is actually interested in. There's nothing wrong with selling a coin to free up some cash to buy a different coin.

coinkat

And in all the years you have collected coins, is there not some regrets along the way in terms of coins that you sold? There are those coins that I sold without giving enough thought as to how often they are available in various states of preservation. Certain coins are often not appreciated at the time they are found and acquired.

I never wrote there was anything wrong with selling a coin to free up cash to buy a different coin.