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Coin and Paper Money Collecting/old coin
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Question
My sons were given a large one dollar coin dated 1897. Are they worth more than the one dollar?
Samanth, need more information. Was this a U.S. Morgan dollar? -- they were made in 1897. Does it have a mint mark (on the back)? What condition is it in? Go to www.ebay.com and do a search for 1897 dollar and you'll see lots for sale. You can compare them to your piece and check out prices. Yes, the piece will be worth more than a dollar if it is the U.S. Morgan dollar, because that was made of silver, and silver is now just under $10 per ounce and I think the Morgan dollar has a bit under an ounce of silver. Jim Lawniczak
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Coin and Paper Money Collecting
Answers by Expert:
Jim Lawniczak
Expertise
I will answer your questions about encased coins (lucky pennies), which are advertising and event tokens with coins, unually cents, struck with the token.
Experience
Long time collector of encased coins and author of several articles on encased coins.
Organizations
TAMS, ECI (Encased Collectors International)
Publications
TAMS -- several articles on encased coins, in particular the encased coins of the 1901 Buffalo Pan American Exposition
Casement -- many articles on encased coins
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