My new coin

Discussion in 'Coin Chat' started by ERROR HUNTER, Dec 28, 2009.

  1. ERROR HUNTER

    ERROR HUNTER Coins,Stamps

    A few days ago i got a peace dollar for $9 today I have it how did i do?
     

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  3. Much less than melt value for silver. I'd say you did pretty good.
     
  4. If you want a good estimate on the grade though, take pictures with a camera instead of using your scanner :)
     
  5. Collect89

    Collect89 Coin Collector

    What does it weigh?
     
  6. Klunky

    Klunky Member

    +1. I'm jealous. That's way under spot.
     
  7. HULL COINS

    HULL COINS Member

    nice buy!! Peace dollars are .900 fine and weigh 26.73 grams and are .7735 troy ounces.
     
  8. That puts the melt value of your peace dollar at $13.59813 with the spot price of silver at 17.58.

    You may want to check the mass of your coin, it should be very close to 26.73g. I doubt it's a counterfeit, 1922 is one of the most common years for peace dollars.
     
  9. HULL COINS

    HULL COINS Member

    schroeder2246- Did I make a Mistake? What makes you think that it might be fake?
     
  10. No mistakes :)

    I just saw where Collect89 posted asking how much it weighed; I figured he might be questioning its authenticity. I highly doubt it is a fake.
     
  11. ERROR HUNTER

    ERROR HUNTER Coins,Stamps

    Now I have 108 coins in my collection.
     
  12. Collect89

    Collect89 Coin Collector

    I also doubt that it is fake but you must recognize that fake common date dollars are plentiful. See this post http://www.cointalk.com/t43961/

    This photo depicts two fake 1922 dollars containing repeating depressions. (See the contact marks on & in front of the chin). They are the same contact marks on both coins.

    Very best regards,
    collect89
     

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  13. Oh, trust me, I know. Every day I find more and more counterfeits in the collection I have inherited. It's great for learning, but kind of upsetting when you look at great looking coin under a loupe only to discover that there are tool marks and spikes all over the place :(

    And wow, those are some nasty fakes. lol
     
  14. 900fine

    900fine doggone it people like me

    Yes. Yes, they are. All the finest things are 900 fine. :goofer: :rolleyes:
     
  15. NotSure

    NotSure I'm sure I'm NotSure

    Regardless of grade, a Peace dollar for 9 bucks is a great deal. I'd buy 'em all day for $9 each.
     
  16. Space 4 Rent

    Space 4 Rent Uber-Collector

    [FONT=Verdana, Helvetica][FONT=Verdana, Helvetica][FONT=Verdana, Helvetica]» There are 0.7735 troy ounces of silver in 1 silver Peace dollar(s).

    » Each Peace dollar contains 0.7735 troy ounces of silver and is valued at $13.55 when silver is at $17.52 / oz (12/23/09)
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