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Coin and Paper Money Collecting/Los Angeles Olympic .999 Silver Coin

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Expert: - 5/29/2008


Question
I have a coin that has the seal of the city of Los Angeles and the words City of Los Angeles and Founded 1781 on the back and on the front is the Coliseum with the words Site of Olympics and 1932-1984.  It says one troy ounce .999 pure silver in small lettering under the Coliseum.  This is not the US Dollar Coin and it weighs 32 grams.  Do you know what it is and what it is worth?  I have looked all over the internet and cannot find one like it.

Answer
Hello Walter,

What you have is known as a silver round.  This one was struck to commemorate LA and the olympics.  It is not a coin since it doesn't have a denomination, it is a medal.

Since it weighs one troy oz. of silver, it's current value is approx $18

Regards
Joe Hylas

Coin and Paper Money Collecting

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Joe Hylas

Expertise

Numismatic professional with over 30 years experience can answer your questions about US coins, their values, how best to sell them and where to buy them. Interested in starting a collection? Find out which areas are undervalued and how to acquire those coins at the best price.

Experience

Ex-Head Precious Metals trader for Deak-Perera International with 42 offices worldwide. Industry experience since 1978. Has worked co-operatively with US Mint, Royal Canadian Mint, Austrian Mint, Chamber of Mines of South Africa, World Gold Council and Platinum Guild International. Professioanl numismatist specializing in US Coins. Always buying collections, will travel if size of collection warrants. Website: www.AllCoins.US

Organizations
PCGS, NGC, Rotary

Publications
Physician's Money Digest

Education/Credentials
Bachelor's Degree in Business Administration

Awards and Honors
Paul Harris Fellow

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