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1948 Silver Dollar Grade

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Pacificoin's Avatar
Canada
5124 Posts
 Posted 07/27/2023  1:12 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
1948 Dollar shown , AU50 .
The 1948 Dollar is in my opinion nothing
but an overrated " money coin" .
If you have the money easy to find !
Grades normally encountered EF 40 to MS60
usually cleaned at one time .
MS63 are scarce and MS64 or better , very elusive .
As stated above , many other dates are extremely
difficult to acquire in Choice Grades .
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kbbpll's Avatar
United States
4233 Posts
 Posted 07/28/2023  12:42 am  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
Same with the US 1909-S VDB. Hundreds listed on ebay, but that doesn't detract from the plain fact that they're both the lowest mintage coins in their series. Calling them overrated and "money coin" sounds disparaging. To me, "overrated" is merely relative to other coins that are underrated, like the 1947ML or the 1946, but astute collectors know that. There's no reason the 1947ML shouldn't be valued on a par with the 1948, since the mintage is only 2355 more than the 1948, the second lowest, and both were minted in 1948, but nothing will change the fact that collectors value the last digit stamped on the coin 2-3x more.

I'd say AU53 on this one. It doesn't exhibit a lot of wear but it's pretty beat up. I think it's the "notched 4" RPD reverse, which doesn't mean anything in terms of value.
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