1986 LIBERTY PROOF SET
bigtonydallas
Posts: 1,126 ✭✭✭
I just bought a set of the proof silver dollar and clad proof 50 cent for $5.50 at a coin shop. I think sliver is going for $15.77. Doesn't the dollar have 3/4 ounce of silver? So the dollar should have $11.82 silver. Right?
Big Tony from Texas! Cherrypicking fool!!!!!!
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I also bought a 1913 type 2 with a very weak date but the reverse looks like VG for .50 from the same dealer. I think it lists for about $11.00 in good. It was picked up in a dealers junk buff box.
1913 buff 5 cent type 2!!! lol
How about some pics?
If you got silver well below spot then that is always a good deal.
As for the buffalo, "very weak date but...". If the dealer saw it as a cull then he might have just dumped it in his junk box for someone to discover.
The Proof Silver Dollar should contain .3161 troy ounces of silver (remember it is .400 fine overall, not ,900 fine) which would have a current melt value of $4.98. The clad half would be essentially face value. Both coins had very high mintages and presently have very low collector demand.
Nice!
Hmmm ... In looking at my 2020 Red Book I am not so sure that my silver value for the Silver Dollar is correct. The silver composition of the post 1982 Commemorative Silver Dollars is never really stated. The Ike Silver Dollars were .400 fine silver clad. What is the composition of the post 1982 Silver Dollars? Are they ,400 fine silver or .900 fine silver. You may have made a score!
Apparently the post 1982 Commemorative Silver Dollars are .900 fine silver (I just looked it up online so it has to be true, right). This means that you did make a good score! The dealer, like me, apparently thought the coin was .400 silver.
They might not have much collector interest but the silver value is way above what you paid!
It gets more confusing....I think in the last year or two they have moved to .999 for silver coins.
Nice find.... always good to find silver below melt...I like finding silver with a metal detector...definitely below melt, unless I factor in the cost of equipment....
Cheers, RickO
The modern silver dollars were the same silver content as Morgan and Peace Dollars, .900 fine, .7732 net (or close to it).
As JBK indicates, they've gone to .999 for silver coinage recently, so the net silver is probably higher now in all silver issues.
I knew it would happen.
The Red Book needs to clarify the silver content of post 1982 commemorative silver dollars in future editions.
after the 1976 Bi-Centennial issues all Silver has been .900 until the last few years when the Mint changed. there should be no confusion.
Is the OP worth a "You Suck!"?
This came with the set!
That dealer needs a new pair of glasses.
Sorry the reverse did not scan too well. My flatbed scanner is a cheapo! LOL But part of the horn is showing.
So something about those staples NOW
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