hi im new here i have a collection of about 150 coins from when i was young and i am working on valuing them the two im most interested in the value of are my silver dollars i have an american one from 1923 and a canadian one from 1961 sorry no pics i have no digital camera thanks in advance
Hi imperium, and to the forum. The value of a coin depends on many factors, including its mint mark, if any, and it's condition or grade on the Sheldon scale the goes from P0 (barely recognizable as a coin) to MS70 (lusterous, unblemished, uncirculated). Peace Dollars range from a low of $5.74 - the spot price for its silver content at today's market close, to a high of something more than $90 for a top condition with a Denver mintmark. Without pictures, or the opinion of an experienced grader, that's the best we can do on the value question. KM#54 in the Standard Catalog of World Coins. $4.45 Bullion Value, $5 AU50, $5.50 MS60, $5 MS63, ?? MS70 - all in US dollars. Someone else may post the Canadian Dollar value from a Canadian catalog. Scanners work too.
thanks for the help man they arent in the greatest condition not very worn but they are fairly tarnished is there any good way to clean them without damaging them
The short and sweet of it NO. Never try to clean coins, it will always leave scratches on them were they have been rubbed.
61 Canadian dollar from the latest CCN trends EF-40 6.00 AU-50 7.00 MS-60 9.00 MS-62 10.00 MS-63 15.00 MS-64 60.00 MS-65 200.00 The trends charts don't go any higher. Prices in $CDN
yep the charlton standard catalogue lists almost the same prices for the 1961 dollar. Couple dollars difference.
thanks for the help guys one more question how do the ratings work because im confused the the letters then the numbers if someone could explain it would be greatly appreciated
I copied this from another thread. Hopefully this will help answer your question. The numerical scale given in the grades is to differ between the individual grades, they start at 1(poorest) and go to 70 (best) About Good (AG3) - Very heavily worn with portions of lettering, date, and legends worn smooth. The date may be barely readable. Good (G4) - Heavily worn with design visible but faint in areas. Many details are flat. Very Good (VG8) - Well worn with main features clear and bold although rather flat. Fine (F12) - Moderate to considerable even wear. Entire design is bold with overall pleasing appearance. Very Fine (VF20) - Shows moderate wear on high points of design. All major details are clear. Choice Very Fine (VF30) - Light even wear on the surface and highest parts of the design. All lettering and major features are sharp. Extremely Fine (EF40) - Design is lightly worn throughout, but all features are sharp and well defined. Traces of luster may show. Choice Extremely Fine (EF45) - Light overall wear shows on highest points. All design details are very sharp. Some of the mint luster is evident. About Uncirculated (AU50) - Has traces of light wear on many of the high points. At least half of the mint luster is still present. Choice About Uncirculated (AU55) - Evidence of friction on design high points. Most of mint luster remains. Mint State - The terms Mint State (MS) and Uncirculated (UNC) are interchangeably used to describe coins showing no trace of wear. Such coins may vary to some degree because of blemishes, toning, or slight imperfections as described in the following subdivisions. Uncirculated (MS60) - Has no trace of wear but may show a number of contact marks and surface may be spotted or lack some luster. Uncirculated (MS63) - Some distracting contact marks or blemishes in prime focal areas. Luster may be impaired. Choice Uncirculated (MS65) - An above average Uncirculated coin that may be brilliant or lightly toned and has very few contact marks on the surface or rim. MS67 through MS62 indicate a slightly higher or lower grade of preservation. Perfect Uncirculated (MS70) - Perfect new condition, showing no trace of wear. The finest quality possible, with no evidence of scratches, handling, or contact with other coins. Very few regular issue coins are ever found in this condition. Proof (PF60) - Surface may have several contact marks, hairlines, or light rubs. Luster may be dull and eye-appeal lacking. Attractive Proof (PF63) - Reflective surfaces with only a few blemishes in secondary focal places. No major flaws. Choice Proof (PF65) - Reflective surfaces with no noticeable blemishes or flaws. Few scattered barely noticeable marks or hairlines.
But remember...a dime is not graded like a Morgan dollar would...the Morgan can have more bag marks or such than a dime can in the same grade. Speedy
