Is your 1925 Silver Dollar worth a fortune? Discover its true value and find out if it might be worth thousands! With our comprehensive guide to 1925 Silver Dollars, you can easily determine its current market value.
The 1925 Silver Dollar is a beautiful coin to own and carry as a collectible or a gift. When picking a silver dollar coin, most collectors prefer the best they can find. With just a little information, you can determine if these silver coins are worth something besides their melt value.
Researching and knowing a little about your coins, such as the date and mint mark, will help you get more for them when you sell or trade them in at your local coin dealer. Read on to find out.
The Value Of a 1925 Silver Dollar
The NGC Price Guide shows that a Peace Dollar from 1925 in the circulated condition is worth between $34 and $95 as of January 2023. However, the price of 1925 S Silver Dollars in pristine condition can reach $60000 on the open market.
The value of silver dollars depends on the grade of their condition. A coin's grade is determined by how much wear and tear it has suffered over the years. The higher the grade, the more valuable your coin will be.
The most sought-after coins have never been circulated or used for commerce. If a coin has never been used or spent, it's considered uncirculated by collectors. This means that its original mint luster remains intact and hasn't been damaged through wear or improper storage conditions.
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The Value of 1925 Silver Dollar's Grading
The price of an uncirculated 1925 silver dollar varies depending on various factors such as minting place, condition, rarity, and market demand. On average, an uncirculated 1925 silver dollar can range from $30 to $100 or more. However, highly sought-after, rare examples can sell for several hundred dollars or more, such as:
Coins that are in MS 60 grade and have never been used in circulation typically cost around $140. And, coins that are of MS 65+ quality and still in their original uncirculated condition can be quite valuable, with prices reaching as high as $132,000.
Appraisals use a grading system to estimate the value of a coin. The Sheldon Scale is a 10-point scale that rates numismatic coins from Poor (P) to Mint State (MS, the highest grade). MS is divided into different levels of severity:
- Uncirculated (MS-60, 61, 62): The coin has no signs of wear. It may have some small flaws but no significant defects. It should be a nice-looking coin with some luster remaining.
- Select Uncirculated (MS-63): A coin with slight wear on the highest relief points still looks sharp overall. Has complete design elements and minimal toning or spotting. Some bag marks may be visible.
- Choice Uncirculated (MS-64): A coin with light wear on the highest relief points but still has good eye appeal overall. Has full design elements except for slight weakness in strike or areas of light wear on high relief issues such as cheekbones or chin.
- Gem Uncirculated (MS-65,66): A coin with no signs of wear retains full, original luster. The coin may have minor defects, such as contact marks or light scratches.
- Superb Gem Uncirculated (MS-67, 68, 69): A coin that exhibits full luster but may have slight toning from storage or handling. There may be light friction or hairlines present on the surface.
- Perfect Uncirculated (MS70): An ideal uncirculated coin looks exactly like it did when first minted. It has no flaws of any kind and is dazzling to behold. Man has never handled it.
The Value of 1925 Silver Dollar Errors
The value of a 1925 silver dollar error depends on the rarity and type of the error, as well as the condition of the coin. Some 1925 silver dollar errors can be worth several thousand dollars, while others may only be worth a few hundred dollars. The value of these coins is determined by the coin-collecting community and can change based on supply and demand.
The three most frequent errors in silver dollars are ‘double die', ‘D over S' mint mark, and ‘canceled die'.
- ‘Double die coins', which feature a doubled image, can be worth approximately $200.
- ‘D over S' mint mark coins, which result from a Denver Mint coin being struck with a San Francisco Mint Mark, are even rarer and can fetch around $1000 or more.
- The rarest and most valuable of the three is the ‘canceled die' error, where a coin is struck with a damaged or canceled die, and these can sell for $5000 or more.
History Of The 1925 Silver Dollar
In 1918, Pittman Act was passed, requiring the US treasury to purchase large quantities of silver and convert them into coins. This act was to help the British government. The Germans had launched propaganda in India, claiming that the British did not have adequate silver coins to support the paper currency.
This propaganda threatened to destroy the British war effort. The Pittman Act authorized the President of the United States to issue silver certificates and exchange them for silver bullion held by the Treasury Department. The government started minting millions of new silver dollars during this period. The new mints were opened in Philadelphia, Denver, San Francisco, and West Point.
These resulted in the famous peace dollars. The 1925 silver dollar. The 1925 Peace dollar is the fifth of this series to be minted. The Peace dollar was introduced in 1921 to commemorate the end of World War I. The demand for silver coins increased after World War I due to their industrial use and use as money for transactions such as paying wages, rent, taxes, etc.
Features Of The 1925 Silver Dollar
The designs for both sides of the Peace dollar were created by a young sculptor and medalist named Anthony de Francisci. De Francisci used the image of Lady Liberty as a model for his design. Francisci's design had been selected after a competition in which he was up against experienced artists. Here are some of the most important features of this coin.
1. Obverse Side
The obverse side of this coin features a lady Liberty who appears facing left with her lips parted and her hair blowing in the wind. The words “LIBERTY” and “1925” are inscribed above her head, while “IN GOD WE TRUST” is engraved below it. The date is also engraved below her left foot in Roman numerals.
2. Reverse Side
The reverse side of the coin features a wreath encircling an image of the Great Seal of the United States, which includes an eagle holding an olive branch in its right talon and arrows in its left talon. The words “UNITED STATES OF AMERICA” are inscribed above the eagle's head, while “E PLURIBUS UNUM” is engraved below it. The denomination “ONE DOLLAR” can be found below the eagle's talon on its right leg.
3. Size and Weight
The 1925-S has a diameter of 38.1 mm, larger than most modern coins, and weighs 26.73 grams (0.64 troy ounces). This size makes it easy to identify as a commemorative coin without needing other markings.
4. Metal Composition
The metal composition of this coin is 90% silver and 10% copper. Combining these two metals creates a beautiful finish that reflects light well when held up to the light.
5. Mint Mark
The mint mark, an “S,” is on the coin's reverse above the year. This tells you which mint produced your coin. Here, it was minted in San Francisco, California.
Conclusion
The silver dollar is a classic piece of American currency. It is one of the most popular collectibles in the numismatic world, and possessing one can be a truly fascinating experience. With some basic information and knowledge of how to appraise a particular silver dollar, you can make that call yourself and see what your old silver dollars are worth.
