Coin and Paper Money Collecting/1922 peace dollar

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Expert: - 12/11/2009


Question

1922 peace dollar
Here is a picture of the back of the coin but It's hard to see detail as I took the picture with my phone.

Answer
Hi Breanna:

Thanks for your photo. I'll copy your original question: I have a 1922 peace dollar that has a raised silver edge on the front and back of the coin all the way around. Except on the back the edge is wider and flatter. It covers where it says untied states of America. It looks like it was placed inside the silver maybe to protect the edges? I'm clueless to this and cannot find a picture on the Internet of one like the one I have. I also cannot see the mint mark if any because the silver edging is covering where it would be. If you could help me with this I would appreciate it.

I took your photo and saved it to a file, then enlarged it. Your coin appears to be altered. I can't tell from the photo if your coin is the same size as a regular dollar, but this looks like what the call a spoon coin. It was something that was done with a spoon, often in prison, I'm told, to tap down the coin into a smaller size. I doubt yours was done in confinement.

The coin appears circulated, but the mintmark would not matter, because all 1922 dollar coins are common. I've not seen a dollar like yours, and it is an interesting conversation piece, but likely not worth more than the silver content, which would be about $12.50 to $13 with silver in the $17.00 a troy ounce range.

See link: http://www.silverrecyclers.com/Calculators/coin_calculator.aspx

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.

Please remember to go to the experts site to rate this answer. And check the nomination box on the rating page below any comments you may have.

Thank You and Good Luck in your collecting.

Ronald Fern

Expertise

I can answer most all questions relating to US coins, tokens, and currency. I'm not strong on world coins or ancients. Primary field of expertise is errors and varieties. Over 55 years experience in coin collecting. Part time dealer since 1976. Employed by McDonnell Douglas/Boeing for over 34 years as an Industrial Engineer/Technical Specialist before retiring in 2002.

Experience

Worked weekends for "Lonesome" John in the late 1960's to mid 1970's processing error coins, packaging, and preparing orders. Worked with John Devine and Fred Weinberg on several California Error A Rama's in the early 1970's. Served as display judge at annual Error-A-Rama coin shows. Opened and operated mail order coin business DBA "CAL ERRORS" in 1976. Contributer to Alan Herbert's "Official Price Guide To Mint Errors" and Fivaz/Stanton "Cherrypickers' Guide". Worked Saturdays at Huntington Beach Coin Exchange 1980-1999. Had table and sold coins at a number of coin and gun shows in So CA, AZ and NV. Sell coins, tokens and currency currently at my space in the Pomona Antique Center. Past "Errorscope" Editor. Presently CONECA Examiner.

Organizations
ANA, CONECA, CWTS, NLG

Publications
Errorscope, Numismatic News, Civil War Token Journal, Error and Variety News

Education/Credentials
AA Degree LBCC pre Engineering, 1964 BS Degree CSULB Ind Technology, 1968

Awards and Honors
1st Place EAR Trophy for Civil War Token Errors, NLG Author of Year Award for best monthly coin column "Error News and Views" in small Numismatic paper, owned and published by Ray Anthony.

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