How much would you pay?

[Hunter612]

I have an opportunity to buy this coin Saturday and I was wondering how much I should pay for it. Thanks for looking!

 

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[jeff of pa]

some Prices here https://www.google.com/search?q=200...dollar&rls=org.mozilla:en-US:official&spell=1

that said if one oz of silver.

To me it is worth $23.67 melt

 

[Generic_Lad]

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]

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

 

[CC-Hunter]

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.

 

[Hunter612]

Thanks for the replies. I will pay up to $20 for it depending on how much they will take.

 

[huntsman53]

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]

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.