thanks for caring so much!
thanks for caring so much!
I understand that it is painful to hear the news that a coin that you thought was rare and valuable has no real numismatic value and is really only worth the intrinsic value of the metal, but the people who have replied to this thread are very knowledgeable and have no reason to lie to you. What you do with the information we provide is up to you at this point.
It's tough to find out that a coin you were told was valuable is, in fact, extraordinarily common. But if you don't want the truth, don't come to a place like CoinTalk and ask a group of experts with absolutely no conflict of interest for an honest analysis
1922 peace dollar- 15-20 dollars,
Saved by Grandpa since after ww1-priceless.
Loaf, I have a lot of coins left to me by my dad, The sentimental value of them is more than I could make selling them, for some perverse reason the vast majority of collectors do not have the same regard for my dads collection that I do. That does not mean that they mean to demean me or make a sport of me when I brought in a bunch of mercury dimes to my local coin store and the dealer said he paid 8 times face for junk silver.
I did feel somewhat offended by the term, they called my dads coins junk, but it is part of the jargon and nothing judgemental is meant by it. You might realize a bit more money if you offered it to a family member who could appreciate the value of the provenance. Provenance is another term used in collecting which basically gives a coin some history, and can add value, the pocket piece that George Wasshington carried for instance might sell for more than another example of a coin from the same year and in the same shape.
Welcome to the coin talk forum, perhaps getting into the hobby will be more of an inheritance than just the coin that you might sell?
E Pluribus FUN!
I keep in my wallet a 1900-O Morgan that my dad got in change the night before his first solo flight when he went thru Naval flight training in the early 50's.
He carried it in his wallet throughout his Naval career, and he gave it to me before I went overseas the first time and I did the same. If one of my kids goes in the navy he'll get it.
There's nothing special about it otherwise, it's a keepsake. Your Peace dollar probably has a story to it.
ANA Life Member
Welcome to CoinTalk!
After looking at your coin carefully I have to agree with the guys here that this is not a high relief. Per my research, your coin is worth around $12 in the current grade that you have it in, but the value to you is priceless because it came from your family.
If you wish to get it graded, you could send it to NGC or PCGS - it will cost around $25+ to get it graded/slabbed.
Also, please know that the guys before me are telling you the truth - maybe you don't want to hear this, but at least one of the guys that replied to you works for Heritage Co. which is one of the largest coin auction firms in the US. He knows his coins and will tell you the truth. Other of the people before me have collected most likely longer than you and I have been alive, and again, they tell the truth.
Have a great day!
Coin collecting is the only hobby in the world that you can spend all the money in the world and still have some left over