Coin and Paper Money Collecting/silver dollars
Expert: Brad Swain - 4/13/2010
QuestionHi Brad, i have 4 silver dollars all in very good condition.Two are seated liberty dates 1847 and 1859. one is a trade dollar dated 1873 and the other is a trade dollar with no date but looks old and it has .999 fine silver on it.could you tell me roughley what they are worth in very good condition.
thankyou,
harvey.
AnswerHi Harvey, Collector value of a coin depends on date, mint mark (if any), number minted and condition of a coin, including amount of wear, any dents, scratches or cleaning as well as collector demand for it.
U.S. silver dollars weigh 26.73 grams and contain .7736 of an ounce of silver. Many fakes exist.
The one with .999 silver is a privately issued piece and is called a 'silver round', usually a one Troy ounce (31.1 grams) of silver piece. It is worth the silver value plus whatever someone may pay for it.
Current silver values:
http://www.kitco.com/market/ .
U.S. coin prices for professionally graded coins:
http://www.pcgs.com/prices/
and ungraded coins:
http://www.bestcoin.com/united-states-coin-pricing-guide.htm .
Ungraded coins (raw) are worth less depending on amount of wear and collector demand.
You might also try a library for a copy of the Guidebook of United States Coins for pictures, values and lots more interesting info.
You might try Ebay.com for similar pieces for comparison.
Brad