Home >> Collecting >> Coin Collecting

How to Sell a 1922 Silver Dollar

The 1922 silver dollar is called a peace dollar. According to Value Coin, the Peace dollar was created by the United States after World War I to reflect "its devotion to the principles of freedom and peace." The production of these coins was also tied to laws meant to benefit the owners of silver mines. With the rising price of silver, you may be interested in selling your 1922 silver dollar.

Instructions

- 1
  Grade your 1922 silver dollar on the standard grading system for coins. Grades for coins range from poor to mint or proof state. Poor condition coins are defined as those for which you can only identify the date and type, while the highest rated proof state coins must have a full strike and be as they were when they were struck.
- 2
  Protect your silver dollar by placing it into a protective plastic sleeve. This will keep it from becoming any more worn or damaged than it might already be. This will also give the coin a professional look when you get ready to begin trying to sell it.
- 3
  Research the current selling value for 1922 silver dollars in the same condition as yours. Popular coin trading magazines, eBay, and coin dealers are all places that you should check to have a good idea of what the current market is like.
- 4
  Decide how you are going to sell your coin. If you choose to sell your coin online or on eBay, make sure that you start your asking price high enough that you will receive what the coin is worth. If you plan to sell your coin to a coin dealer, be prepared to negotiate. Coin dealers will try to purchase coins below their value so they can be sold at a profit.
- 5
  Sell your 1922 silver dollar in the market where you will get the most for it. If you have done your research properly, you should get the best price available for your coin.

Coin Collecting