The History of the 1972 Silver Dollar
The 1972 silver dollar is a special coin because it was the last year that the United States minted silver dollars for circulation. The coin is made up of 90% silver and 10% copper, and weighs in at 26.73 grams. However, what makes the 1972 silver dollar even more unique is the fact that there are some coins that were minted without the usual mint mark on them, which makes them even more valuable to coin collectors.
The Rarity of the 1972 Silver Dollar No Mint Mark
The 1972 silver dollar no mint mark is an extremely rare find in the coin collecting world. This is because the United States Mint typically marks all of their coins with a mint mark that indicates where the coin was minted. However, due to an error at the mint, some 1972 silver dollars were produced without the usual mint mark. This mistake makes these coins highly sought after by collectors, and they can fetch a premium price on the market.
How to Identify a 1972 Silver Dollar No Mint Mark
Identifying a 1972 silver dollar no mint mark can be a bit tricky, as they look very similar to the regular 1972 silver dollars. However, there are a few key differences to look for. First, check the edge of the coin. If it has a reeded edge, then it is a regular 1972 silver dollar. However, if it has a smooth edge, then it may be a 1972 silver dollar no mint mark. Additionally, you can also check the area around the eagle on the reverse side of the coin. If there is no mint mark located there, then it may be a 1972 silver dollar no mint mark.
The Value of a 1972 Silver Dollar No Mint Mark
The value of a 1972 silver dollar no mint mark can vary greatly depending on the condition of the coin and the demand from collectors. However, these coins can fetch a premium price on the market, with some selling for thousands of dollars. In 2019, a 1972 silver dollar no mint mark sold for $6,325 at a Heritage Auctions event.
Factors That Affect the Value of a 1972 Silver Dollar No Mint Mark
There are several factors that can affect the value of a 1972 silver dollar no mint mark. The first is the condition of the coin. Coins that are in mint condition will typically fetch a higher price than those that are scratched or have other damage. Additionally, the rarity of the coin can also play a role in its value. The fact that there are only a limited number of 1972 silver dollars without a mint mark makes them more valuable to collectors.
Where to Find a 1972 Silver Dollar No Mint Mark
Finding a 1972 silver dollar no mint mark can be a bit of a challenge, as they are quite rare. However, they can sometimes be found at coin shows or through online auctions. It is important to be wary of counterfeit coins, as there are some unscrupulous sellers who may try to pass off a regular 1972 silver dollar as a no mint mark coin.
Conclusion
The 1972 silver dollar no mint mark is a rare and valuable coin that is highly sought after by collectors. While they can be difficult to find, they are definitely worth the effort for those who are serious about coin collecting. If you happen to come across one of these coins, be sure to have it appraised by a reputable coin dealer to determine its true value.