1923 "S" Mint Peace Dollar 0

[TinySteiny]

Hi! Found this coin in drawer while cleaning out parents house. Has been sitting in box for about 20+yrs.... Any realistic range for estimate would be greatly appreciated. Tried to include photos as best I could. 

[RWB]

Bag-marked AU. Common date/mint. Worth possibly a little over melt - if you can find a buyer.

[TinySteiny]

Thank you for feedback. 

[RWB]

Others will have different opinions.

[TinySteiny]

I tried to tell my grandparents growing up that toys were better gifts! However, I see the temptation of just passing them to my kids so I dont have to deal with it! ;-)

[Mr.Bill347]

Nice example there. Unfortunately it doesn’t carry a high value. Nice that it is in a slip. I would put that in a self slab, label it and make it a keeper.

[Sandon]

   I'll add my comments as no one has given you a value, and you appear to have little or no knowledge about coins.  Currently dealers sell any U.S. silver dollar that isn't worn slick or damaged for $30 or more, and there is unreasonably high demand for them.  It's hard to evaluate your 1923-S Peace Dollar without actually seeing it, but it would likely retail for $35-$60 or so depending on whether it is About Uncirculated (AU) or actually a lower end, weakly struck Brilliant Uncirculated (BU) and hasn't been damaged by the polyvinyl chloride that may have leached from the vinyl flip it's been improperly stored in.  (I see a greenish tinge suggesting that this has occurred.)  I would think an honest dealer would pay at least $25 for it in any case.  The "melt" value for the 0.77344 oz of silver in the coin is currently in the $14-$15 range and changes daily.

   I'm sure your grandparents paid much less in nominal dollars for this coin, depending on when they bought it, unless it was in 1979-80 when silver briefly went up to as much as $50 per oz.  They could be obtained from banks at face value as late as 1964, and uncirculated ones sold for under $10 until the late 1970s.  Any toys they would have bought you instead would be long gone now.  

[Coinbuf]

That is a nice coin, the NGC explorer page that I linked in your other thread is a great resource for information on coins like this.   Unfortunately, unlike your Morgan dollar the seller was rather optimistic with a BU grade as this coin has seen some light circulation or improper handling and would not grade higher than mid AU.   Still a nice collectable coin for collectors that enjoy filling albums, just not the type of coin that will put much into the bank account.

[TinySteiny]

Thank you so much for thr honest replies! I have no idea no idea what my grandparents paid, but it feels like I'm doing a disservice to their name to assume that they gave us a few coins with the intention of said coins to be a symbol of false hope. Seeing how I honestly don't have any real general knowledge to lean one way or the other, I'm left feeling a bit lost unfortunately on what to think. With that said, I not only appreciate your feedback but I genuinely thank you both for also giving me a bit more direction/guidance. :-) 

[RWB]

They gave you kids the coins as representing something unusual, or a gift that might be cherished for the sentiment accompanying them. It's very unlikely anyone thought of some sort of immense future value. A suggestion is to buy a little plastic holder for each, then write a short description of where the coin came from and who received it.

[My great grandparents’ farmhouse was assembled from hand hewn beams using timber joinery and wooden pegs – no nails or other metal. When the house was torn down my mother saved a basket of the pegs. She wrote a short message about how the pegs were used and who lived and died in the house, and packaged the story and peg. She addressed each story to a family member and signed them. Everyone in the family received one set. They are among the most enjoyed family remembrances.]

Edited July 16, 2022 by RWB

[Conder101]

On 7/16/2022 at 8:35 AM, TinySteiny said:

I tried to tell my grandparents growing up that toys were better gifts!

How many of the toys you got as a kid and played with/abused/ broke are worth $35 today?  And also have the sentimental value of having come from you grandparent.

[VKurtB]

On 7/19/2022 at 10:07 AM, Conder101 said:

How many of the toys you got as a kid and played with/abused/ broke are worth $35 today?  And also have the sentimental value of having come from you grandparent.

A few “red wheel” Hot Wheels cars might be, but I don’t follow the market. What are Lesney, England Matchbox cars going for?

Edited July 19, 2022 by VKurtB

[Mr.Bill347]

On 7/19/2022 at 12:32 PM, VKurtB said:

A few “red wheel” Hot Wheels cars might be, but I don’t follow the market. What are Lesney, England Matchbox cars going for?

I’d kinda like to know that too. These are all Lesney England 

[Mr.Bill347]

I guess I answered my own question