A 1997 dollar coin is most likely referring to an American Silver Eagle (ASE), which is a silver bullion coin with a face value of one dollar.
- General value: A regular issue 1997 American Silver Eagle, due to its silver content (one ounce of pure silver), typically sells for around the current price of an ounce of silver.
- Proof coins: Proof coins, which have a “P” mint mark, are generally more valuable than regular strikes and can be quite sought after by collectors. A proof example is worth roughly $125. High-grade proof examples, especially those graded as PF70 (perfect condition), can sell for much higher, sometimes thousands of dollars.
- Uncirculated coins: Uncirculated coins generally command a small premium above their silver melt value. According to CoinValues.com, uncirculated 1997 Silver Eagles are worth a small premium above silver melt values.
- Error coins: Coins with mint errors can be significantly more valuable. For example, a 1997 penny with a double strike error sold for $258.
In conclusion, the value of a 1997 dollar coin depends heavily on its condition, whether it is a proof or uncirculated coin, and the presence of any rare errors.
How do I tell if my dollar coin is rare?
I can help with that. One of the easiest ways to tell if a coin is rare is to check the date. If the coin is from before 1800, it’s likely rare. Coins minted in the 19th century are also generally considered rare, with a few exceptions. Coins from the 20th century are less likely to be rare, but there are still some that meet the criteria.