These nice dollars from Canada are worth, well, a dollar. They are made of nickel. Without silver content, their value stays at face value. If you have one in superb condition, and collector might pay twice face or so.
The two *good dates* in the Peace dollar series are 1921 and 1928:
PEACE DOLLAR DATED 1921: $100 in average circulated condition
PEACE DOLLAR DATED 1928: $400 average circulated
Except for the 1921 and 1928 dates, the remaining coins in the Peace dollar series are generally worth their basic bullion value, plus a premium to account for buyer demand. 1922 and 1923 are the most common dates.
As the price of silver goes up, Peace dollars gain more and more value. Of course if silver runs downward, so do Peace dollars. A decent rule of thumb for common date silver dollars is to first take the price of silver (found on web sites such as kitco.com in US dollars per troy ounce), multiply it by 0.773, which is the number of troy ounces of silver in a US silver dollar, to get the base value (BV). For instance, if silver is selling at $20 per troy ounce, the base value is 0.773 x 20 = $15.46. Once you have the BV, add a collector premium to that number to get a retail value. The collector premium varies with condition, as follows:
I like toned coins. If I were looking for a South Africa 3 pence for my collection, I would pay more for the specimen in the picture because is has spiffy rainbow toning. Over the years this silver coin has picked up impurities from the atmosphere and those impurities have reacted with the surface to create coloring effects. However, I am in the minority. Most collectors like their silver coins blast white, or completely untoned. Dem guys don't know what dey's missin'.
Goose - Your Liberty, or 'V', nickel catalogs for $2 US dollars in worn condition. The one in the picture is uncirculated. It catalogs for $120. You can see what a difference condition makes to coin collectors. They are willing to pay big money for coins in uncirculated condition. Here are some typical catalog values for common-date liberty V nickels:
worn: $2 US dollars approximate catalog value
average circulated: $8
well preserved: $20
fully uncirculated: $120
At first glace the coin in our picture, a beautiful one from respected eBay seller GK-Coins in London, looks like a normal Spanish 8 reales. And so it is, almost ...
The small indented feature at the center of the 'heads' side (really called the obverse side of a coin) is known as a countermark. The Bank of England needed more coins than they had on hand in the late 1700s and early 1800s, so they simply punched their countermarks into readily available Spanish coins. Many of the countermarks use the oval design shown, but there are other shapes also, including circles and rectangles with clipped corners.
This extremely long-lived series of coins actually starts even earlier and goes even later than our title indicates. We have attempted to group together all coins of the same design, the same material, approximately the same inscriptions, and the same weight and size unto this page.
The coins discussed here all have several things in common. One side (the obverse) features a shield of 4-fold or 2-fold arms with a center shield of Austria in the center. The other side (the reverse) features a seated Madonna holding a child, probably baby Jesus.
These are neat old coins from Denmark. They sport the portrait of Frederick VII, who ruled from 1848 to 1863.
4 SKILLING: 0.015 troy ounces silver
16 SKILLING: 0.063 ounces silver
1/2 RIGSDALER: 0.203 ounces silver
1 RIGSDALER: 0.406 ounces silver
2 RIGSDALER: 0.813 ounces silver
(Thanks, Jennifer, for your thorough description of your coin. I wish more of our requesters were like you!)
The PCGS Coin Guide has a blurb on these tokens, describing them as 'among the most interesting of all early American issues'.
They were struck in copper by Dr. Samuel Higley of Granby, Connecticut. Higley had a medical degree from Yale College, but also 'practiced blacksmithing and made many experiments in metallurgy. In 1727 he devised a practical method of producing steel.'
He produced these tokens to accommodate a local lack of small change denominations, but oddly enough, in addition to the denomination of 'III' meaning three pence, it bears the whimsical inscription of 'value me as you please'. What a great idea!