Peace dollar rim clip

Bruggs

Recently found a 1924 Peace dollar with a rim clip.. Coin is a low end unc, 62 or so in grade. Anybody have any idea how scarce? and value?

Thanks......
Bruggs

truthteller

Peace Dollars with rim clips are quite scarce but not rare with clips of 5%. If the clip is substantially larger, it is worth quite a bit. $100-$150 for clips of 5% or less in UNC. For larger clips, it goes up geometricaly. 25% clips are extremely rare and go for multiply hundreds.

TRUTH

swissmiss45

I'm really new at the forum and still trying to get the lingo-can you explain what a rim clip is and why it is worth more? I don't understand why "toning" makes a coin worth more. I have a couple and thought it was a defect.
Thanks for your help.
swissmiss45

construct

A rim clip is where the blank for the coin was punched out of a place in the sheet of metal so that it was off the edge. Some clips are smooth and some are crescent-shaped.

Toning can be either good or bad depending on whether it is attractive. It depends entirely on demand.

Swissmiss--you might want to turn your Personal Message option on in your profile so people can send you such information privately. Just click on the profile button right below where it says "Navigation" and update your profile to add whatever features you like.