Yesterday my 81 year old father in law decided to look in his SDB at the bank. He hadn't looked in there for more then 50 years. He has over 100 silver dollars dated from the 1800s to early 1900s. He doesnt know much about coins or value and brought me just 6 coins for me to look up for him. 4 of the coins are common CC dollars worth under $20.00 but he also had a key chain with a silver dollar on it. It was one of those key chains that dont damage the coin when you put it on it. The date didn't strike me as rare it was a 1928 no mint mark coin but when I looked it up I saw it was the most sought after coin in the whole series!. The condition of the coin I believe is between fine and very fine and its worth is in the hundreds of dollars!. I removed the coin from the key chain and placed it in a holder for protection. Tomorrow he will bring me all the other silver dollars from the box. Its exciting finding treasure like that and there's no telling what else he may have. I wonder if I should send the 1928 silver dollar to PCGS for grading? Does anyone here think it would be worth doing so?
Thanks for the advice! Most of the CCs are in only good condition but I haven't seen the rest of his hoard yet. I read about the 1928 coin apparently something called the "Pittman act" caused most of this coin to be melted down and made into smaller denomination coins. The 28 coin has very little damage I examined it under a 5+ magnifier. The edges are like new having been protected by the ring on the key chain . He never used the key chain as he said it was too small to hold all his keys (lucky for him). I look foward to viewing the rest of his coins and if I find anything interesting I will share it here.
Did you check very carefuly for a mintmark on the REV of that coin? - alot of times people find one dated 1928 and then forget that there is even an S mint for that year. Speedy
CC dollars worth under 20 bucks is unheard of. The 28 is a valuable coin but do check again for the MM. The mint mark is on the reverse (eagle side) on the left under the word one.
Yes I double checked for the mint mark and there isn't one! He had another in that series with a mark so I knew where to look. Its funny though the other 28s with mint marks are worth much less. This 28 is in a great condition very little damage nicks and cuts. The area where the mint mark would appear has no wear at all so I can plainly see there is no mark.
