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1960 Large 1dollar coin

Posted: Sun Nov 05, 2023 5:22 pm
by ktwiss
I have this coin, it's a bit rusty is it worth much and I believe cleaning it is a bad idea?
Thanks in advance!

Re: 1960 Large 1dollar coin

Posted: Sun Nov 05, 2023 5:23 pm
by ktwiss
Here is the back

Re: 1960 Large 1dollar coin

Posted: Sun Nov 05, 2023 6:32 pm
by Bill in Burl
Well, silver is $23.13 US, which is $31.50 Canadian. Each dollar (or 4 quarters or 10 dimes) contains .6 troy ounces of silver, so scrap silver price is $19-20 Canadian, so it's worth at least that much. It's a common date but coin in nice shape with irregular toning and/or some chem reaction or grunge. Pics aren't clear enough to even guess at a grade, but I'd say AU. If cleaned it would be the same grade but whiter. BTW, the Queen is the front or Obverse and the canoe the back or Reverse

Re: 1960 Large 1dollar coin

Posted: Sun Nov 05, 2023 7:10 pm
by ktwiss
Where would one go to get it graded? Or is it not worth doing that?

Re: 1960 Large 1dollar coin

Posted: Sun Nov 05, 2023 7:19 pm
by Bill in Burl
It's not worth being graded. It would cost more to grade than the coin would ever be worth. You have a nice coin to keep or trade and clean it if you wish it to look better.

Re: 1960 Large 1dollar coin

Posted: Sun Nov 05, 2023 7:47 pm
by ktwiss
Thanks for the advice Bill :)