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1922 Peace Dollar (Worthless?)

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New Member

United States
4 Posts
 Posted 05/30/2011  10:04 pm Show Profile   Bookmark this topic Add worm2559 to your friends list Get a Link to this Message Number of Subscribers
I just ran across my 1922 Peace dollar the other day. I pulled it out of the basement. I am clueless about coin collecting. I am hoping to learn more here. It is hard to get pictures, especially of the back because of the case. Here is what I have. Let me know what you guys think. One other thing, does the acrylic casing hurt its value.



1922-Peace-Dollar-Worthless?

1922-Peace-Dollar-Worthless?
Edited by worm2559
05/30/2011 10:59 pm
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Bryan1315's Avatar
United States
14454 Posts
 Posted 05/30/2011  10:45 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
the acrylic makes it not worth anything as far as for a coin collection, but a coin collector may still buy it for about 5-10 bucks because it has a coin in it. Its numismatic value is pretty much gone because its in the acrylic as far as it being a coin though. I have seen a few of these things through out the years some with Morgans and just about every other denomination you can think of. I remember when I was a kid my uncle has a cube that had one of each denomination in it from one cent to a dollar coin, but do not remember what design was on each coin. Considering I was real young I am betting it was before the Kennedy half though because it was pretty old at that time. It is impossible to ever get the coin out of the acrylic without damaging the coin so it will forever be just a paper weight and conversation piece. Since this is in the coin grading section I am going to say the grade is probably in the XF range but could possibly be AU since Peace dollars are notorious for having weak strikes
Valued Member
United States
312 Posts
 Posted 05/31/2011  12:29 am  Show Profile   Bookmark this reply Add mshev to your friends list Get a Link to this Reply
Technically, that coin has $29 of silver in it. I doubt anyone will pay that though given that it can't exactly be melted down or easily transported in its current state. But then again, who knows - there are interesting people out there.
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cointagous's Avatar
United States
1143 Posts
 Posted 05/31/2011  02:10 am  Show Profile   Bookmark this reply Add cointagous to your friends list Get a Link to this Reply
Wonder what they were thinking when making this item. It will always be worth silver melt but little more if any.
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EgCollector's Avatar
Egypt
3470 Posts
 Posted 05/31/2011  06:31 am  Show Profile   Bookmark this reply Add EgCollector to your friends list Get a Link to this Reply
Hi worm2559 and to CC forum

Most probably the type of acrylic the coin in is a Transparent epoxy resin material and I think it could be burnt out at a temperature before the melting temperature of the coin... but certainly this will ruin the coin and you will be selling it for silver content only .... so may be some collector would pay a closer price especially that I would think it would be a nice paper holder on the desk of any coin collector.

This is just my opinion
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Las_Vegas_Larry's Avatar
United States
817 Posts
 Posted 05/31/2011  07:23 am  Show Profile   Bookmark this reply Add Las_Vegas_Larry to your friends list Get a Link to this Reply


I like EgCollector's idea it puts a whole meaning to melt value.

I did do that once in the fireplace and I don't recommend melting or burning inside.

If you don't need the money keep it. Not every on has a coin encapsulated like that. Every one has a 22 Peace dollar.

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cointagous's Avatar
United States
1143 Posts
 Posted 05/31/2011  11:47 am  Show Profile   Bookmark this reply Add cointagous to your friends list Get a Link to this Reply
Your right this is a very early encapsulated holder. Possibly from the king Farouk collection.
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bobby131313's Avatar
United States
24170 Posts
 Posted 05/31/2011  11:51 am  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
Most high school science departments have liquid nitrogen. Volunteer it for an experiment. I'd bet if you dunk that thing for a little bit you could then shatter the acrylic and rescue it.
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drdave's Avatar
United States
721 Posts
 Posted 05/31/2011  12:01 pm  Show Profile   Bookmark this reply Add drdave to your friends list Get a Link to this Reply
Good idea Bobby131313. That should also keep the coin pretty much intact as long as the hammer doesn't touch it! You might get a few nicks though from the shattering. If you do this, be sure to wear safety glasses and have someone who knows what they are doing dip it into the liquid nitrogen. It would be fun to try! Good luck.
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fenton's Avatar
United States
4989 Posts
 Posted 05/31/2011  4:34 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
I'm sure someone on ebay would buy that... all those guys who buy gold plated State Quarters for 20x face would probably love this
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The_Duke's Avatar
United States
1745 Posts
 Posted 05/31/2011  4:57 pm  Show Profile   Bookmark this reply Add The_Duke to your friends list Get a Link to this Reply
I did that in Jr. High with a Cent, Nickel and Dime. 1935 for each of them. It was the year of my Dad's birth and the mold was in the shape of the state of Minnesota. It was a piece for his desk, aka a paperweight.

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biokemist6's Avatar
United States
12437 Posts
 Posted 05/31/2011  5:15 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Worthless as a coin? More than likely due to difficult recovery. Value as a paperweight? About $20-30

You could always send it to me, I have a fresh 230L tank of LN2 sitting here nice and cold
New Member
United States
4 Posts
 Posted 05/31/2011  11:00 pm  Show Profile   Bookmark this reply Add worm2559 to your friends list Get a Link to this Reply
Ok, so I decided to take a chance. I will let you guys tell me how I did. The coin is out of the acrylic, and I am totally happy with how it turned out.

1922-Peace-Dollar-Worthless?

1922-Peace-Dollar-Worthless?

1922-Peace-Dollar-Worthless?
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biokemist6's Avatar
United States
12437 Posts
 Posted 05/31/2011  11:10 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Now that is an impressive cleanup job I have never seen one come out so cleanly, what was your method for removal?
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AlmostCollectible's Avatar
United States
384 Posts
 Posted 05/31/2011  11:15 pm  Show Profile   Bookmark this reply Add AlmostCollectible to your friends list Get a Link to this Reply
Did you smash the pyramid all over the place till there was a crack that ran right next to the coin? Then insert a knife and keep cutting stuff out. Thats what I would have done.

Well good work on getting out the coin!
New Member
United States
4 Posts
 Posted 05/31/2011  11:28 pm  Show Profile   Bookmark this reply Add worm2559 to your friends list Get a Link to this Reply
I put it in the freezer, used a little refrigerant on it and hacksawed here and there and kept splitting it where I sawed.
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