Leanne E. writes: My mother won a 1992 Olympic Silver Dollar through a raffle. It was donated by a local bank. It is in mint condition and came in a red velvet box. They told her that shortly after they stopped producing this coin it’s value was up to $200. She is curious what the value of it is now.
1992 U.S. Olympic Silver Dollars show a baseball pitcher in action, the reverse shows the Olympic rings, olive branches and stars and stripes. The obverse was designed by John R. Deecken and the reverse was designed by Marcel Jovine. They were struck on .900 fine silver planchets, weigh 26.73 grams and contain .77355 of a troy ounce of pure silver.
There are two versions. The uncirculated piece, minted at the Denver, Colorado Mint (“D” mint mark) has the phrase XXV OLYMPIAD impressed four times around the edge on a reeded background. The proof issue was struck in San Francisco and has mirror fields and frosted devices and an “S” mint mark and was struck multiple times, creating a higher design relief than the uncirculated version. Both of issues are “non-circulating legal tender”, meaning that they were made for collectors by subscription and not for general circulation as money. Though they can be spent for their face value of $1, their collector value and metal content value is higher.
There were 187,552 uncirculated pieces struck – retail value is approximately $40. The proof issue has a mintage of 504,505 and is sold in the retail market for about $35.