Expert: Ronald Fern - 11/24/2009

Question
I have a 1922 silver dollar that has the mint mark above the tail
feathers.  It's in very good condition.  Could you tell me approximately what it might be worth.
John

Answer
Hi John:

Thanks for your question.

To be able to give you the best opinion on the value of your coin, it needs to be properly graded. I can give you a range for the retail value, but you should review the link I provide to better grade your coin by comparing the examples to your piece.
Link: http://coinauctionshelp.com/how_to_grade_peace_dollars.html

The 1922-P, 1922-D, and 1922-S are considered to be "common dates", and are not rare. A current issue of "Coin Values" shows the retail value of your Peace dollars to be: $20 in Good condition to $30 in Almost Uncirculated condition. An Uncirculated example would retail for about $35 to $55, depending on strike, luster, eye appeal and "bag marks". Where the dollars were so heavy, many went in bags to the vaults and never saw circulation. The weight of them on top of one another could cause contact marks as they were moved from time to time while being stored in the banks.

Remember, should you choose to sell your coins, get at least two estimates from professional coin dealers (PNG). I've listed a link for you to find them in your area.
Link: http://www.pngdealers.com/dealersearch.php

Dealers normally pay between 50% to 60% of retail for items they want.

You may want to check eBay listings in the dollar category under US coins from time to time to see if coins like yours are listed and what they are going for. You may also want to check out this link on coin values: http://values.hobbizine.com/peace-dollars.html

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Thank You and Good Luck in your collecting.