1922 $1 dollar coin
coincol87
Posts: 7 ✭
Whats the significance of this coin, as Ive read in several places that this coin is a very good coin for a collection.
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coincol87
Posts: 7 ✭
coincol87
Posts: 7 ✭
coincol87
Posts: 7 ✭
coincol87
Posts: 7 ✭
Whats the significance of this coin, as Ive read in several places that this coin is a very good coin for a collection.
Comments
Welcome. 1922 dollars (Peace Dollars) are very common. Your dollar has seen better days and a lot of circulation from being spent over and over. It also seems to have been stored improperly and has developed a green gunk. That most likely would come off, without harming the coin, with a soak in pure acetone (99¢ at the drug store). But, even then it is not worth too much. Maybe $25 on a good day.
Merry Christmas,
bob
What he said.
The significant Peace dollar I think you're thinking of was made in 1921. It had pronounced raised surfaces and was the only such coin in the series struck that way.
It is a circulated 1922 peace dollar - one of the highest mintage years of the whole series. It is not rare, although they can be valuable when conserved in a very high grade. Also a few are high relief, or proof and extremely valuable. This one, however, does not appear to be a high grade or a high relief proof. As such, it is worth ~30 dollars.
You need to find a 1922 that is high relief or a proof (both very rare) or a1921, 1928 or a 1934S as key dates - otherwise they need to be very high grade and perfect condition to be valuable for a peace dollar...
Your coin is actually a 1922-S, minted in San Francisco. The S mintmark is on the reverse under the ONE. Still a common date. In that condition, it's value is tied to the silver content. Silver dollars are always nice to have as part of a collection, IMO.
Thank you for your answers. Im new to the whole collecting, and honestly find it very interesting.
You should use that one as a springboard into collecting the entire set from 1921 to 1935. It would be fun and doable!
A Barber Quartet is made up of Nickels, Dimes, Quarters, and Halves.
It definitely has value since it contains 0.77 ounces of pure silver. If you clean it, don't use anything abrasive or you'll hurt the collector value of your coin. Acetone is a good choice but a soak in hot water with some liquid detergent will work. When you're done, pat it dry on a clean, soft towel and don't rub your coin because it could cause hairline scratches that will hurt the value of your coin.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Welcome.
Your coin appears to be one of the many like it that was taped into a birthday card. It will probably respond well to an acetone bath as advised in the above posts.
@coincol87.... Welcome aboard. I agree with the above information.... If, as you said, you find coins interesting, then try to build a set of these Peace dollars. They make a very nice collection and display. Cheers, RickO
@coincol87 Welcome aboard.
Agree with those who said, "start a Peace Dollar collection".
A nice set to begin with.
Let us know what you plan on doing.
Wayne
Kennedys are my quest...
Welcome to the forum, hopefully you will develop a greater interest in the hobby. It can be very fun and rewarding.
Mark
If you can find nice for the grade, undamaged, common date Morgan and Peace silver dollars, you can fill a tube with them. It is better if you go to a coin store, and hand pick them. Ask to look through the “cull” silver dollars. You can buy them one or two at a time, it is easier on the wallet that way. Just make sure you do the research, and try not to over pay. If you have any questions about coins, you’ve come to the right place. And whatever you do, don’t ever, ever, ever clean your coins! Welcome to the forums.