Expert: PAPAJACK - 3/8/2007

Question
I have a silver peace dollar that has no date...i also have a few morgan silver dollars that also have no dates.. Could you please let me know more about these coins..
thank you for your time
Jeff Freeman

Answer
Hello Jeff,    

What are the mottos on the pieces?
By the time a date has worn to the point of not being seen it would be a very low grade coin. Here are images of the coins as they should be:
Morgan dollar
http://www.coinfacts.com/silver_dollars/morgan_dollars/1899_morgan_dollars/Silve...
http://www.coinfacts.com/silver_dollars/morgan_dollars/1899_morgan_dollars/Silve...
Peace Dollar
http://www.coinfacts.com/silver_dollars/peace_dollars/1921_peace_dollar_obv.jpg
http://www.coinfacts.com/silver_dollars/peace_dollars/1921_peace_dollar_rev.jpg

Or what you have may be not coins at all, but one of the countless silver rounds being produced.
Its value is the current price of one ounce of silver. They are made in rounds and rectangles (bars) then sold to the public at a premium over the spot market.
Some are made using coin designs (as yours) and I have seen tractors presidents, company logos etc. They are categorized as Silver Art Bars (or rounds) and as I said trade at the current price of silver. Some rare metallic art sell at a higher value but most are produced in the millions.  
 
http://www.apmex.com/shop/buy/Silver_Bars.asp
www.villagecoin.com/page/coin/CTGY/ART
http://www.villagecoin.com/page/coin/CTGY/sil

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Thank You and Good Luck

PapaJack