The 1992 Columbus quincentenary silver dollars have value as numismatic coins. Keep reading to learn more about these silver commemorative coins.

1992 Columbus Quincentenary Silver Dollar

1992 Columbus Quincentenary Silver Dollar Reverse

These coins were minted in order to commemorate the Columbus quincentenary. This quincentenary marks 500 years after Christopher Columbus landed in the Americas.

On the obverse side of the coin the design features an image of Christopher Columbus next to a globe with his ships in the foreground. On the reverse side of the coin there is a split image of Columbus' ship the Santa Maria and NASA's space shuttle Discovery.

The proceeds from the initial sale of these coins went to the Christopher Columbus Fellowship Foundation. This foundation supports science and math education for young students.

Specifications

Type: Commemorative Silver Dollar
Year: 1992
Face Value: $1.00
Composition: 90% silver, 10% copper
Silver Weight: .77344 oz.
Total Weight: 26.73 grams
Current Silver Bullion Value: $18.36

The US minted the 1992 D Columbus quincentenary silver dollar and the 1992 P proof Columbus quincentenary silver dollar. The mint mark can be found on the obverse side of the coin below the date.

Series Location Distribution
1992 D Denver 106,949
1992 P Proof Philadelphia 385,241

Value

This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $18.36 as of September 30, 2020. This melt value is calculated from the current silver spot price of $23.74 per ounce.

The 1992 D Columbus quincentenary silver dollar is worth around $30 in uncirculated condition with an MS 67 grade.

The 1992 P proof Columbus quincentenary silver dollar is worth around $25 in PR 67 condition.

 

Sources:

The Red Book