Any info? Peace dollar/billion? No date...

can anyone tell me anything about this? I thought it was just a silver dollar until i read the back and noticed there’s no date.

 

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What you have is a private issue knock-off, not a government coin. Are you sure that it is silver? Does it weigh one ounce (31.1 grams)?

 

Welcome to Coin Talk. A lot of private companies make what are called "Silver Rounds". You just have to be careful and be sure you're buying from a reputable seller and know who produced it.

 

Weighing it now-i was afraid it wasn’t real-but it’s heavy-i believe it may be silver

 

31.26grams is what my scale reads but it’s probably off a little, cuz it’s an old letter scale. So what does that mean?

 

IMO chances are that it's a silver round worth whatever the current price of silver is on any given day. If you plan on buying any more make sure you buy from a reputable Bullion dealer. If you see it listed on aliexpress (or any site connected to China) you can be sure it's not silver.

 

What does the other side look like?

As of this writing, an ounce of Silver is $14.53.

 

For myself, I accept that many of these private issues are actually heavier than one ounce by some little bit. The reasons are that cheaters will cheat on the weight, and that the honest sellers will err on the side of caution. That second is especially true of small companies. I expect Silvertowne and others at that level to be exact, just by quality control and years of experience.

Also, as an aside, when I worked at a college and had access to the labs, I weighed many coins, mostly ancients. At some level, you get the plus/minus of tolerance. The scales were used by students, of course, so if they ever were calibrated, they lost that soon enough. But that aside, having also used professional equipment, again, at some level, the same person (me) weighing the same coin on the same instrument will get different results after a few decimal places.

 

Ther

Theres a pic of both sides uploaded, one side has her head and the back side has the eagle

 

Also, i didn’t purchase this, someone used it as a dollar at tge grocery store as a $1, so i put a $1 bill in for it. So if it’s worth $15, i will profit 14, by so bad lol

 

My apologies. I missed that.Thanks.

 

Excellent.
I have also been "rewarded" in the same manner. Someone used a $10.00 NORFED coin at my store. The manager on duty OKed it. The next day the store manager was upset because he knew it wasn't U.S. money. I offered to swap $10 for it. He accepted and was happy that he didn't have to explain a $10 "counterfeit" loss to his boss.
I was happy because the coin was an ounce of silver and when I got home and looked it up, I found that the melt value of silver at that time (spring 2011) was +/- $32.00, and a $10.00 NORFED coin was selling at $64.00 on eBay then.

GOOOOOOOOAAAAAAALLLLLLLL !!!!!!!!!!

 

That’s awesome! I’ve always been interested in coins but honestly don’t know a lot about them, i just knew with no date and no mint mArk that something was off on this one. So this would be no different really than my buying a one oz silver bar, right?

 

Yes, it's similar. Just a different shape.

A good place to learn about what's available, but not necessarily a good place to buy, is eBay.
eBay has an enormous variety of items for sale and many sellers write a lot of stuff about their items.
Now, eBay is not a good place to get accurate info, it just has a lot of it.
Once you learn how to use eBay correctly, it can be useful.

 

I worked at a grocery store when I was 15 and an elder gentleman gave me a coin as a tip in December of 1989, 30 years ago. The coin is almost identical.

I know for certain that it was not made by Ron Landis 23 years ago in 1996. I was given one 7 years prior.

Who knows where the old
man that gave it to me obtained it. I put it away and didn’t think twice about it, I was 15. I came across this thread tonight and figured I would share my story.

Miranda357, did you ever get any information from a local coin dealer?

 

Mark, yours is probably a genuine Peace dollar, which is what her silver round is patterned after.

 

The coin I have looks like hers. The normal spelling of TRVST on the obverse is spelled the same as on her coin “TRUST”. Mine does not have a date on the front and back looks the same as well.

 

Well then, maybe you don't have a Peace dollar. Perhaps what you have is another form of Silver Round.
Do you still have it?
Can you post a photo? of both front and back.
Thanks

 

Looks and sounds like a real 1 oz of silver in a round minted by a private company not associated with the US Mint. Welcome to CT.

 

Three pics