Coin and Paper Money Collecting/1928 peace silver dollar/eisenhower centennial
Expert: PAPAJACK - 3/12/2009
Questionmy mom asked me to find the worth of these two coins. both in fair to good condition.the 1928 coin has no mint mark. thank you.
AnswerHello Richard,
These values of course have all appreciated in recent years.
Some more than others and depending on grade and eye appeal, mint mark, etc. coins can be valuable.
The term “fair to Good” designates the coin as poorly preserved. In each series of coin type like the Peace Dollar, there are some quick reference areas of wear to be seen on the high points that are known to show wear first. For your coin it is the hair over liberty‘s eye.
Most of these details are covered in the RED BOOK titled - A GUIDE BOOK of UNITED STATES COINS - by R. S. Yeoman. The grading details it describes at the start of each coin series is taken from the American Numismatic Association Standard. And uses the 1 to 70 scale recognized by all professionals since the 1970's. If you can borrow a copy it will help.
Most circulated coins range from Good (grade-G4) to Almost Un-circulated (grade-AU50) on the scale. So a grade of Good or 4 out of a possible 70 is a low grade. Lower grades are much more common than high grade examples, of this coin, and therefore less valuable.
For example - If the 1928 Peace dollar is from the Philadelphia mint it sells for over $300 if it from San Francisco it sells for $17 to $60 depending on its state of preservation.
The mint Mark will be on the reverse (back) of the coin between the rays below the letter "0" in the word ONE (if there is a Mint Mark at all).
The Eisenhower Dollar is selling retail for about $11 dollars at present. It is a common Modern Commemorative.
If there any more information you require on this question just ask.
Thank You and Good Luck
PapaJack