How much would you pay?

Hunter612

Bronze Member
Mar 28, 2013
1,012
217
Tennessee
Detector(s) used
Garrett Ace 400
Garrett Pro-Pointer
Primary Interest:
All Treasure Hunting

Attachments

  • image-1072933158.jpg
    image-1072933158.jpg
    35.1 KB · Views: 130
  • image-3580606541.jpg
    image-3580606541.jpg
    39.8 KB · Views: 126

Generic_Lad

Bronze Member
Jul 23, 2010
1,373
276
Detector(s) used
Garrett Ace 250, Bounty Hunter Quick Draw
Primary Interest:
Other
I second just the bullion. Although as a silver dollar I'd only spend close to $20 on it.

Not a big fan of modern US coins, although of course if you are feel free to spend more on it.
 

jeff of pa

Super Moderator
Staff member
Dec 19, 2003
85,463
59,223
🥇 Banner finds
1
🏆 Honorable Mentions:
1
Primary Interest:
All Treasure Hunting
I'd be cautious also on were was it made ?

allot of Genuine silver Commemoratives are Genuine rip offs
with a thin layer of silver on top

beware "American Mint" :(

vs. "U.S. Mint"

looks like they are real

90% Silver dollars, not 1oz. Rounds

so melt is actually $18.31 right now
 

Last edited:

CC-Hunter

Bronze Member
Sep 18, 2012
1,028
301
Primary Interest:
All Treasure Hunting
I like modern commemoratives but do not want to spend wildly on them. I know an amateur coin dealer that sells them to me for $25 each from time to time. Not a fantastic price, but fair enough. I'd much rather find old commemoratives at a decent price, but oh well.
 

OP
OP
Hunter612

Hunter612

Bronze Member
Mar 28, 2013
1,012
217
Tennessee
Detector(s) used
Garrett Ace 400
Garrett Pro-Pointer
Primary Interest:
All Treasure Hunting
Thanks for the replies. I will pay up to $20 for it depending on how much they will take.
 

huntsman53

Gold Member
Jun 11, 2013
6,955
6,769
East Tennessee
Primary Interest:
Other
According to the COA, the 2002 West Point Commemorative Silver Dollar is supposed to be a Proof. However, from the pics which I know can be deceiving, the coin appears to be a Mint State 2002 West Point Commemorative Silver Dollar which is Silver and Clad Mint State coin and not a Proof. If the commemorative coin is in fact a DCAM Silver Proof, then it is worth between $30 and $35 based on eBay, PCGS' Price Guide and Numismedia's (NGC's) Price Guide. It is doubtful that you could get a the coin in a DCAM Silver Proof with box and COA for $20 but maybe $25! Whatever you pay, just make sure that it is not a Mint State Sliver/Clad that has been placed in a DCAM Silver Proof box.


Frank
 

Diver_Down

Silver Member
Dec 13, 2008
4,373
2,000
St. Augustine, FL
According to the COA, the 2002 West Point Commemorative Silver Dollar is supposed to be a Proof. However, from the pics which I know can be deceiving, the coin appears to be a Mint State 2002 West Point Commemorative Silver Dollar which is Silver and Clad Mint State coin and not a Proof. If the commemorative coin is in fact a DCAM Silver Proof, then it is worth between $30 and $35 based on eBay, PCGS' Price Guide and Numismedia's (NGC's) Price Guide. It is doubtful that you could get a the coin in a DCAM Silver Proof with box and COA for $20 but maybe $25! Whatever you pay, just make sure that it is not a Mint State Sliver/Clad that has been placed in a DCAM Silver Proof box.


Frank

The Proof strike doesn't change the planchet. Whether it is a Proof or an uncirculated strike, it will still be a 90% silver dollar. The original packaging is missing and the airtite has just been placed in a generic case. The COA states a proof, but the coin doesn't look like a proof strike. So at this point you are only buying a 90% silver dollar. Modern commems are backwards in market value. When they are first released, most collectors opt for the proof strike. Consequently, the uncirculated strike typically has a lower mintage due to the lower sales. Generally in subsequent years, the proof strike doesn't hold up the value on the secondary market due to a larger supply. There are exceptions to this generalization.

In this case, I would offer $25.
 

Top Member Reactions

Users who are viewing this thread

Top