Regardless, there are a number of criteria that make the 1979-P dollar potentially valuable. They are: Varieties and Errors, Premium Eye Appeal Authentic Toning, and Conditionally Rare High Grades (certified by NGC or PCGS ). The two major varieties of the 1979-P dollar are the Wide Rim and Narrow Rim varieties.
Why was the small dollar created in 1979?
Congress and the Treasury Department saw the small dollar as a practical alternative to the large cartwheel Eisenhower dollar, which was produced to great fanfare and large numbers but relatively little circulation. The Anthony coin was created after a series of outside studies and Treasury reports.
Where does the value of a Peace dollar come from?
Unfortunately, it was difficult to strike, and in 1922 the relief was lowered to make it easier to mint them. Well worn Peace dollars derive a majority of their value from the silver content of the coin. Therefore, if the price of silver is relatively high, the coin will be worth only what it’s silver content is.
How much is a US 1979 wide rim coin worth?
On the Narrow Rim variety, the rim has been cut back, is sharper, and the 1 and 9 are farther away. In MS65 and MS66, the Wide Rim has a value of about $45-$50. At the conditionally-rare grade of MS67, this value jumps to over $1,600.
