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<p>[QUOTE="Spark1951, post: 8270329, member: 90692"][USER=106839]@Chopperhead[/USER] …because the mintage is 44,690,000 for the Philly 1921, there are a lot of them available in really good conditions. This one is better condition than the other one you posted, but both have the same melt value, currently $19.96USD. So, because they are so plentiful, people get picky and demand is lower. This is why members here are saying the value is between $24-30.</p><p><br /></p><p>NGC lists an AU50 for $33.50 or so, but this price is misleading. This price is for certified and slabbed coins. A buyer for your coin would overspend the coins value if he/she slabbed it. The seller ends up lowering the sale price to sell a plentiful coin.</p><p><br /></p><p>Even though it is in better condition it still will sell for a lower price because they made so many.</p><p><br /></p><p>Maybe another member can explain it better. Silver dollars I have sold to my local coin shop were agreed for well under spot, actually near melt.[/QUOTE]</p><p><br /></p>
[QUOTE="Spark1951, post: 8270329, member: 90692"][USER=106839]@Chopperhead[/USER] …because the mintage is 44,690,000 for the Philly 1921, there are a lot of them available in really good conditions. This one is better condition than the other one you posted, but both have the same melt value, currently $19.96USD. So, because they are so plentiful, people get picky and demand is lower. This is why members here are saying the value is between $24-30. NGC lists an AU50 for $33.50 or so, but this price is misleading. This price is for certified and slabbed coins. A buyer for your coin would overspend the coins value if he/she slabbed it. The seller ends up lowering the sale price to sell a plentiful coin. Even though it is in better condition it still will sell for a lower price because they made so many. Maybe another member can explain it better. Silver dollars I have sold to my local coin shop were agreed for well under spot, actually near melt.[/QUOTE]
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