WS: Silver Dollar 1983 LA Olympic

Pre 64 silver is not entirely true. In the Kennedy Half Dollar series, the 1964 of course is 90% silver. Halves dated 1965 through 1970 contain 40% silver. Among Eisenhower dollars, coins dated from 1971 through 1974 with the S mintmark are 40% silver. A few proof sets of denominations are also 40% silver.

Point exactly Rob, in order to get a high silver weight one would have to buy 1964 or older which is Sterling or .925 anything after that is plated or clad, a better word. I am not a collector but I do buy to sell. Just like gold 14k is about a 1/4  gold wt, 18k is approx. 3/4 gold wt. 24k is 90 gold wt or better.
All silver,gold, platinum coins are generally mixed with other alloys which have no marketable value unless in volume.
For instance I stay away from diamonds because of their resale value. They are a  successful marketing ploy created by a large diamond distributor back in the 1930's. Diamonds are forever was their campaign and people bought into it.This company has cornered this market for generations and the diamond is synonymous with Love and Marriage in the form of wedding ring and engagement ring . The true value is the gold, platinum or sterling weight. (Don't show this to my wife) but silver,gold and platinum have a varied value that can be weighed and driven by the market.
One of the most popular mint marks is CC. But all this is driven by a market and coins do have their collectors.
I never buy emotionally except the ring on my wifes finger which I only bought her approx. ten years ago and we have been together for over 26 yrs. now. Diana and I sold jewelery, coins and art for years and still do. Jewelry in any retail store is marked up 1000%. Highest markup of any product.
When it comes down to it try to sell any coin for it's mint mark. These markets are driven like most how they do in auction a 1895cc silver dollar may sell for three hundred at auction one day. Put it in the auction another time and you'll get a totally different closing price. Sometimes higher, sometimes lower.
Don't forget that if you find gold coins in your yard don't tell anyone but go and get fair market value before the tax man takes their 50%.

 "Jewelry in any retail store is marked up 1000%. Highest markup of any product."

I think your right I had a friend in that business. But I think your wrong on the above statement. My prescription meds surely have a larger mark up. All in all I agree with what you say. I was lucky and sold a 100 oz bar when silver was close to 45 per oz. I came out good. I'm thinking with the world situation it might be time to buy again. 

It's a commemorative coin not a silver dollar.

It has the same silver content as a silver dollar and is worth about the same amount in silver according to collectors. Not worth much more as a collector piece. It was a circulated coin actually.
http://moderncommemoratives.com/1983-olympic-silver-dollar/
If that one is not in a proof set or case and out the value will be lower too than one in uncirculated sets.

I didn't check the silver content of your coin Darius but if it's clad it will worth less. However, looking at Ebay yours is selling for approx. $24.00. I looked quickly through sold items and that's about what their selling for. I buy and sell 1964 pre clad coins which aren't sterling silver. I'm sure it's close to an ounce but remember it's .925 or Sterling.

Hey Frank,

You do any buying and selling of US minted Filipino coins.  I found a stash of 100 or so that I had forgotten I had, various denominations.

-Allen

I came across a 1961 quarter today from the vending machine at work today. 
Silver coins just have a different look about them. Also a different sound when you drop them on a hard surface.

Other old silver coins I came across in my "tin".

(3) 1964 US half dollars
(1) 1964 quarter
(1) US half dollar, well worn, looks like maybe 1919 (I can barely make out the trailing 19).
(3) Spanish Colonial Mexican 1/2 reals, 1741, 1755, 1759
(1) Spanish Colonial Mexican, 2 reals, 1746, but it has a hole drilled in it for a pendant.
(1) Mexican dollar, 1868, this sucker is heavy
(1) Australian Flo Rin, 1942, looks like a mint error

-Allen

Also found some old paper money.

(1) Filipino 5 centavos note, a little bigger than a business card
(2) Filipino 10 centavos notes, a little bigger than a business card
(1) Filipino 20 centavos notes, a little bigger than a business card
(1) US Military Payment Certificate, 10 cents, a little bigger than a business card
(1) Filipino 1 Peso note, 1949, normal bill sized
(2) US Issued Filipino 1 Peso notes, normal bill sized
(1) US Issued Filipino 2 Peso note, normal bill sized

-Allen