1921 Peace Dollar

Hmmm I don't think you going to do that....with what it will cost you even if a member I don't think it will be worth it!

Welcome to Coin Community, zach0394. Your coin illustrates an interesting point about 1921 Peace dollars. Relatively speaking, eleventeen bazillion were saved without circulating because everyone knew they were rare. So even though this is the rarity its' mintage suggests, it's actually pretty available in higher grade. Expensive, but available and people set them for a goal.

So VF-ish examples such as yours don't lend themselves to economical slabbing. They still retain plenty of collector value - depending on the condition of the surfaces this one would fetch $50-75 or better if the buyer really wants it.

Everybody nailed it. 'nuf said.

There are several better dates in a Peace dollar set that are worth far more than melt. In fact, they are all worth more than their silver content unless they are severely damaged. You did well buying at $18 a pop.

Very nicely bought, then. The 1921 alone gives you the headroom to be firmly in the black on the whole lot.

Peace dollars are collected by varieties as well, called VAMs. The majority of the extra-value varieties are from 1922 & 1923, Philadelphia and Denver. They are usually characterized by die cracks and breaks, some seeming to be sizable chunks out of the die like the "Missing Hair" 1923's. Point being, a search for varieties would be relatively easy, requiring a low-power loupe and a couple minutes per coin. Just look for features that don't belong. If you find something, post images here and we'll happily help.

True that. Unlike 1921's, 1928's are a low-mintage issue which circulated heavily and suffered attrition. 1921's don't catch up in value until 64 or better. At VF the 1928 is worth twice the price. 1934-S is another one you'll profit on.

looks like you bought a "year" set of Peace dollars instead of an entire set, the 1928-s is not as valuable as the 1928 (p) and same goes for 1934-d compared to a 1934-s

Why on Earth would you turn that into Eagles? Even if the coin has been cleaned, that's a terrible idea imo! (But then, I do love me some 1921 Peace dollars!) And I'm not into bullion. Of course, you can do what you want. But how many eagles do you need? If you want the best bang for your buck, I guess that's sadly probably the way to go. But I'd put it on a windowsill and let it retone and just hold on to it.

Not worth sending in for authentication, in my opinion. Just hold on to it; that's my suggestion.